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GoldON Engages Technical Advisor Dr. Frederick Breaks for Lithium and Critical Elements Review Dr. Breaks is a lithium and rare earth elements expert in Canada who has authored or co-authored 118 technical publications during his career with the Ontario

Corporate Updates

FOR IMMEDIATE RELEASE

GoldON Engages Technical Advisor Dr. Frederick Breaks

for Lithium and Critical Elements Review

Dr. Breaks is a lithium and rare earth elements expert in Canada who has authored

or co-authored 118 technical publications during his career with the Ontario

Geological Survey

VICTORIA, BC – February 13, 2023 – GoldON Resources Ltd. (TSX-V: GLD) (“GoldON” or

the “Company”) is pleased to announce the engagement of Dr. Frederick W. Breaks BSc, MSc,

PhD, to undertake a technical review of new properties the Company is considering for acquisition.

The purpose of the evaluation is to determine each property’s potential for hosting lithium and rare-

element pegmatite mineralization worthy of exploration.

Dr. Breaks is a proven explorer with over 40 years of fieldwork experience and is well-known as

a lithium and rare earth elements expert in Canada. His discoveries include two significant lithium-

rich deposits in Northwestern Ontario: the Se paration Rapids pegmatite near Kenora (Avalon

Advanced Materials) and the Pakeagama Lake pegm atite in the North Spirit Lake area (Frontier

Lithium).

Dr. Breaks has a BSc (Honours Geology) from the University of British Columbia, an MSc

(Geology) from McMaster University, and a PhD (Geology) from Carlton University. He authored

or co-authored 118 technical public ations during his career with the Ontario Geological Survey

and numerous external publications, of which several are available for download at ResearchGate.

“Despite being in the middle of our initial drill program at the McDonough gold property, the

market is dictating we consider the explorati on opportunities we are seeing in lithium and critical

elements,” said Mike Romanik, President of GoldON. “We pride ourselves in sourcing expert

opinion on all our exploration decisions, and given Dr. Breaks’ body of work, it is terrific to have

him as an in-house advisor.”

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 six

properties in the Red Lake Mining Distri ct (McDonough, McInnes Lake, Pakwash North,

Pipestone Bay, Springpole East, and West Madsen) and a seventh property in the Patricia Mining

District (Slate Falls).

For more information, you can visit our website at goldonresources.com, download our investor

presentation by clicking here, and 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) accept responsibility for the adequacy or accuracy of this release.