Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

GLD.V ·

GoldON Prepares for Drilling at Slate Falls Project in Ontario’s Patricia Mining Division Assay results are pending for gold and multi-element analysis on ninety-nine rock grab samples

Drill Results Exploration Programs

GoldON Resources Ltd. | 108 - 800 Kelly Road, Suite 416, Victoria, BC V9B 6J9 | Tel.: (250) 474-7999

FOR IMMEDIATE RELEASE

GoldON Prepares for Drilling at Slate Falls

Project in Ontario’s Patricia Mining Division

Assay results are pending for gold and multi-element analysis on ninety-nine rock

grab samples

VICTORIA, BC, June 19, 2019 – GoldON Resources Ltd. (“GoldON” or the “Company”)

(TSX-V: GLD) is pleased to report it has engaged Emerald Geological Service s as Project

Manager and fieldwork is in prog ress at its 100% owned Slate Fa lls Gold-Silver Property (see

location map Figure 1).

Prospecting, sampling and reconnaissance mapping has been carried out at several locations on the

Property including the historic al Trail, Sanderson, Sanderson E ast and Sanderson North gold

showings (see Figure 2). Quartz veining, silicification and sulphide mineralization including pyrite,

galena, chalcopyrite and sphalerite were observed at several locations during the program.

A total of ninety-nine rock grab samples were collected and sen t for gold and multi-element

analysis. Many historical sampl es, structural measurements and outcrops were documented and

tied in by GPS, and over 200 photos were collected during the field program.

“Our initial 2019 fieldwork is focused on prioritizing hard tar gets for the upcoming diamond

drilling program,” said Michael Romanik, president of GoldON. “Ground truthing has documented

and verified the locations of several of the historical zones and we look forward to reporting sample

assay results as they are received.”

The Slate Falls property is located in the Meen-Dempster Greens tone Belt between the Red Lake

and Pickle Lake Gold Camps and covers stratigraphy that is similar to and contemporaneous with

the stratigraphy which hosts the past-producing (Sep '88 – Mar '97) Golden Patricia gold mine, 30

kilometres to the northeast.

The Property is composed of mafic metavolcanic and metasediment ary rocks deposited in a

submarine environment. The mafic metavolcanics and metasediment ary rocks are intruded by

gabbroic sills, mafic to ultram afic intrusive bodies and felsic quartz-feldspar porphyry dykes and

stocks. The felsic North Bama ji Pluton occurs along the north s hore of North Bamaji Lake. The

greenstone belt has undergone two generations of regional folding and shearing to form the Bamaji

shear zone. The Rockmere-Wesleyan synform strikes east-west acr oss the length of the Property

with an eastwardly plunging fold axis (Wallace, 1985, GR232). T he fold axis of an antiformal

structure strikes northeast from the central-northern part of the Property near the Sanderson zone.

GoldON Resources Ltd. | 108 - 800 Kelly Road, Suite 416, Victoria, BC V9B 6J9 | Tel.: (250) 474-7999

The shear zones which host quartz veins and sulphide mineraliza tion strike east-west with sub-

vertical dips.

The Property is located 5 kilometres (km) northeast of the comm unity of Slate Falls, 90 km west

of Pickle Lake, 120 km north of Sioux Lookout and 160 km east o f Red Lake. The community of

Slate Falls is accessible by an all-weather road and regionally the area is well traversed by logging

roads and trails. Slate Falls is also accessible by float- or s ki-equipped plane charters from Pickle

Lake, Sioux Lookout or Red Lake.

The opportunity to mobilize a crew on the Property ahead of schedule was made possible through

the cooperation of the Slate Falls First Nation who responded w ith services and accommodations

on a day’s notice. GoldON would like to thank them for their continued support.

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 Emerald Geological Services:

Based in Timmins, Ontario, Emeral d is a ready-made exploration team with over 80 years of

combined geological experience, a proven track record of managi ng grassroots to advanced stage

projects and have played a significant role in the discovery of many gold, silver, copper, zinc and

uranium discoveries in Canada.

About GoldON Resources Ltd.

GoldON is an exploration company 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 11-kilometre breadth of

the property. GoldON has 13,834,782 shares issued and is fully funded to complete its

spring/summer work programs.

For additional information pleas e visit our website and view ou r latest presentation by clicking

here or contact Michael Romanik.

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik, President

Direct line: (204) 724-0613

Email: [email protected]

###

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

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