GoldON Commences MAG Survey at Springpole East Property in Ontario’s Red Lake Mining District The Property adjoins First Mining Gold’s Springpole Project one of the largest undeveloped gold deposits in Canada at 3.8Moz probable reserves

FOR IMMEDIATE RELEASE

GoldON Commences MAG Survey at Springpole East

Property in Ontario’s Red Lake Mining District

The Property adjoins First Mining Gold’s Springpole Project one of the largest

undeveloped gold deposits in Canada at 3.8Moz probable reserves

VICTORIA, BC, April 6, 2022 – GoldON Resources Ltd. (TSX-V: GLD) (“GoldON” or the

“Company”) is pleased to announce Prospectair Geos urveys has commenced a property-wide,

heliborne, high-resolution magneto meter (MAG) survey at its Sp ringpole East property (the

“Property”) in the Red Lake Mi ning District of Northwestern Ontario (See news release of

December 8, 2021).

Figure 1: Regional map showing Springpole East location and GoldON’s other projects

The MAG survey is planned to be flown at 50-me tre flight line spacings for a total of 1,609-line

kilometres (km) to cover the 5,186- hectare Property and has been designed to provide a clearer

picture of the dominant geologica l trends and anomalous features on the Property that can be

explored later this year when fieldwork commences.

The western boundary of the Property adjoins the Springpole project owned by First Mining Gold

Corp. (TSX: FF), with the Springpole deposit located 9 km to the west of the boundary and hosting

reserves of 3.8 million ounces of gold and 20.5 mill ion ounces of silver. The 2021 pre-feasibility

study of Springpole is highlighted by a 30,000 tonnes per day mining operation with a life of mine

of 11 years.

About GoldON Resources Ltd.

GoldON is an exploration compan y focused on discovery-stage prop erties located in the prolific

gold mining belts of northwestern Ontario, Canada . Our current project portfolio includes seven

properties located in the Red Lake Mining District (McDonough, Springpole East, Red Lake North,

Pipestone Bay, Pakwash North, McInnes Lake, and West Madsen) and an eighth property located

in the Patricia Mining District (Slate Falls).

For additional information: please visit our website at goldonresources.com, you can download

our latest investor presentation by clicking here and you can follow us on Twitter at

https://twitter.com/GoldONResources.

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik, President

GoldON Resources Ltd.

Direct line: (204) 724-0613

Email: [email protected]

179 - 2945 Jacklin Road, Suite 416

Victoria, BC, V9B 6J9

Forward-Looking Statements:

This news release may contain “forwa rd-looking statements” that involve known and unknown risks, uncertainties,

assumptions and other factors that may cause the actual results, performance or achievements of the Company to be

materially different from any future results, performance or achievements expressed or implied by the forward-looking

statements. Any forward-lo oking statement speaks only as of the date of this news release and, except as may be

required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking

statement, whether as a result of new information, future events or results or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.