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GLD.V ·

GoldON Engages Technical Advisor for its West Madsen Gold Project in Red Lake, Ontario

Corporate Updates

GoldON Resources Ltd. | 179 - 2945 Jacklin Road, Suite 416, Victoria, BC V9B 6J9 | Tel. (250) 474-7999

FOR IMMEDIATE RELEASE

GoldON Engages Technical Advisor for its West Madsen

Gold Project in Red Lake, Ontario

West Madsen’s eastern boundary is a 5 km drive from the Madsen gold mine and

mill complex owned by West Red Lake Gold Mines

VICTORIA, BC, May 30, 2024 – GoldON Resources Ltd. (TSX-V: GLD) (the “Company”) is pleased

to announce that it has engaged Mrs. Andrea Diakow, P.Geo., to oversee exploration studies and target

development at its 100%-owned West Madsen Gold Project.

Andrea was a key contributor to exploration success at the Dixie Project dating back to Great Bear’s original

discovery in 2017. She is a professional geologist with over 15 years of experience working in the mineral

exploration industry on diverse precious and base metal projects ranging from grassroots to feasibility stage.

Her experience includes over 6 years of gold explora tion in the Red Lake district. Employing her strong

technical background and diverse experience, Andrea managed Great Bear's exploration program, including

QA/QC practices, and directed the various advanced exploration studies undertaken at Dixie prior to Great

Bear being acquired by Kinross Gold Corp. in February 2022.

About GoldON Resources Ltd.

GoldON is a mineral exploration company focused on discovery-stage properties. Our goal with a property

is to add value by defining or redefining the exploration opportunity, maintain ownership control during the

value creation phase of discovery, and then source a well-financed partner capable of accelerating discovery,

resource definition, and development.

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

by clicking here, and follow us on X at https://x.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

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.