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GoldON Mobilizes Drill Crew and Equipment at Slate Falls Gold-Silver Project in Northwestern Ontario Fully funded drilling program will focus on testing the shear zones where high- grade values up to 861 g/t Au in drill core remain untested

Drill Results

FOR IMMEDIATE RELEASE

GoldON Mobilizes Drill Crew and Equipment at Slate Falls

Gold-Silver Project in Northwestern Ontario

Fully funded drilling program will focus on testing the shear zones where high-

grade values up to 861 g/t Au in drill core remain untested

VICTORIA, BC, November 12, 2019 – GoldON Resources Ltd. (TSX-V: GLD) (“GoldON” or

the “Company”) is pleased to announce that personnel and diamond drilling equipment are being

mobilized to its 100% owned Slate Falls Gold-Silver Project.

Located in Ontario’s Patricia Mining Division, the Slate Falls Property (the “Property”) lies

between the Red Lake and Pickle Lake gold camps within the southwestern extension of the Meen-

Dempster Greenstone Belt (see regional map).

Several mineralized gold-silver showings have been identified o n the Property including the

Carpenter, Fly, FTM, J. Loon, L1, L15, Path, Sanderson and Trai l Zones. These zones are part of

the Slate Falls Deformation Zone and extend for over 10 kilomet res (km) in strike and 1.5 km in

width within the Property’s bounda ries. All zones host high gra de Au-Ag mineralization and are

related to regional fold axes and structures that provide traps for mineralizing fluids (see property

map).

GoldON confirmed the exploration potential of the initial drill targets earlier this year with rock

grab samples returning up to 331.76 g/t Au and 3,025 g/t Ag in sample # 251119 from the Trail

Zone and up to 41.97 g/t Au and 1,742 g/t Ag in sample # 251150 from the Sanderson Zone (see

news releases of June 25 and July 17 complete 2019 sample results).

“GoldON would like to acknowledg e the ongoing support of the Sl ate Falls First Nation. The

personnel, services and supplies they provide are an integral part of our exploration programs and

we thank them,” said Michael Romanik, president of GoldON.

Mike Kilbourne, P. Geo, an inde pendent qualified person as defi ned in National Instrument 43-

101, has reviewed and approved the technical contents of this n ews release on behalf of the

Company.

About GoldON Resources Ltd.

GoldON is an exploration compan y focused on discovery-stage pro perties located in the prolific

gold mining belts of northwestern Ontario, Canada. Active proje cts include the West Madsen

property in the Red Lake Gold Cam p and our flagship Slate Falls project in the Patricia Mining

Division where 18 Au-Ag mineralized zones have been identified over the 13-kilometre breadth of

the property. GoldON has 15,152,282 shares issued and is fully funded to complete its fall

exploration programs.

For additional information please visit our website and you can view our latest presentation by

clicking here.

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik, President

Direct line: (204) 724-0613

Email: [email protected]

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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.