GoldON Terminates Agreement to Acquire Option on Kir Vit Gold Project

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

FOR IMMEDIATE RELEASE

GoldON Terminates Agreement to Acquire Option on Kir Vit

Gold Project

VICTORIA, BC, October 22, 2018 – GoldON Resources Ltd. (“GoldON” or the “Company”)

(TSX-V: GLD) announces that it has terminated the purchase agreement to acquire the right to

earn a 100% interest in the Kir Vit gold project located near the Onta rio-Quebec border from

Teck Resources Limited as announced on August 29, 2018.

About GoldON Resources Ltd.

GoldON Resources Ltd. is an exploration company geographically focused on the prolific mining

belts of Ontario, Canada. Current properties in clude the Slate Falls gol d-silver property in

northwestern Ontario and the Rainy Gold project which is next to New Gold’s Rainy River Mine.

To view GoldON’s latest presentation click here.

For more information 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 Provider (as that term is defined in the policies of the

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