Baghmundi (community development block)

GoldON Acquires a 100% Interest in Great Bear's West Madsen Gold Property in Red Lake Ontario

Retrieved on: 
Wednesday, September 15, 2021

The Project is located in the heart of the Red Lake Gold Camp and adjoins Canada's newest high-grade gold mine

Key Points: 
  • The expanded Block A adjoins Pure Gold's Red Lake mine property where they achieved commercial production last month (see Pure Gold's news release of August 3, 2021 ).
  • To view an enhanced version of Figure 2, please visit:
    "We have completed the acquisition of the West Madsen property over two years ahead of the term of the option agreement," said Mike Romanik president of GoldON.
  • GoldON is an exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario, Canada.
  • Our current project portfolio includes six properties in the Red Lake Mining Division (West Madsen, Red Lake North, Pipestone Bay, Pakwash North, McInnes Lake, and McDonough) and a seventh property in the Patricia Mining Division (Slate Falls).