GoldON Mobilizes Field Crew for Prospecting and Drill Hole Orientation at Its West Madsen Gold Project in Red
GoldON Resources Ltd. | 179 - 2945 Jacklin Road, Suite 416, Victoria, BC V9B 6J9 | Tel. (250) 474-7999
FOR IMMEDIATE RELEASE
GoldON Mobilizes Field Crew for Prospecting and Drill
Hole Orientation at Its West Madsen Gold Project in Red
Lake, Ontario
The eastern boundary of the West Madsen property is a 5 km drive from the
Madsen gold mine and mill complex owned by West Red Lake Gold Mines (WRLG)
VICTORIA, BC, June 6, 2024 – GoldON Resources Ltd. (TSX-V: GLD) (the “Company”) is
pleased to announce that it has mobilized a crew from Emerald Geological Services for fieldwork
to prepare for the next phase of drilling at its 100% -owned West Madsen gold property (the
Property”). Located in the heart of the Red Lake Gold Camp, the 5,988-hectare Property shares its
eastern boundary with West Red Lake Gold's Madsen mine/mill property (Figure 1).
Figure 1: Looking northeast from West Madsen Block A to WRLG's Madsen Gold Mine property.
In addition to prospecting, the fieldwork will include detailed geological mapping to test structural
features interpreted from the airborne geophysical survey Great Bear Resources had flown on the
Property in 2017. The area of focus (Figure 2) is immediately adjacent to GoldON drill hole WM-
GoldON Resources Ltd. | 108 - 800 Kelly Road, Suite 416, Victoria, BC V9B 6J9 | Tel.: (250) 474-7999
21-22, which intersected a broadly mineralized granodiorite unit in the 2021 drill program that
returned 194.9 metres of 0.158 grams per tonne gold from 72 metres down hole.
Figure 2: Geophysical interpretation with known gold showings and priority target area .
Detailed geological mapping of the target area in advance of drilling will aid with: (1) determining
the best drilling orientation (location, angle, and length) to test the plunge and lateral extent (Figure
3) of the known mineralization ; and (2) scouting all potential drill collar locations for their
suitability regarding access and maneuvering with the drill rig.
Figure 3: Close ups of the priority target showing multiple fractures (left) and possible folding (right).
The technical information contained in this news release has been approved by Mike Kilbourne,
P.Geo. who is a Qualified Person as defined in National Instrument 43 -101, Standards of
Disclosure for Mineral Projects.
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 on GoldON and the West Madsen gold pro ject, please visit our website at
GoldON Resources Ltd. | 108 - 800 Kelly Road, Suite 416, Victoria, BC V9B 6J9 | Tel.: (250) 474-7999
goldonresources.com. You can also 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
This news release may contain “forward -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 an y future results, performance or achievements expressed or
implied by the forward -looking statements. Any forward -looking 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.
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