Red Sucker Lake First Nation Invites Ongold to Resume Exploration at Monument BAY GOLD Project
ONGOLD RESOURCES LTD.
TSX-V: ONAU / OTCQB: ONGRF
Press Release
For immediate release
RED SUCKER LAKE FIRST NATION INVITES ONGOLD TO RESUME EXPLORATION
AT MONUMENT BAY GOLD PROJECT
Toronto, Ontario, February 25, 2025 – ONGold Resources Ltd. (the “ Company” or “ ONGold”)
(TSXV:ONAU) (OTCQB:ONGRF) is pleased to provide an update on the Monument Bay gold project
(“Monument Bay”) located in Northeastern Manitoba, which it recently acquired from Agnico Eagle Mines
Limited in December, 2024 (the “Acquisition”). Since closing the Acquisition, the Company has been in
extensive discussions with Red Sucker Lake First Nation (“ RSLFN”) as the Monument Bay property is
located within their traditional territories . For further details about the Acquisition, please see the
Company’s news release dated December 23, 2024 available on the Company’s SEDAR+ profile at
www.sedarplus.ca.
ONGold is pleased to announce that RSLFN has formally invited ONGold to restart exploration activities
at Monument Bay. Recent meetings held in Winnipeg and within the community have led to a framework
agreement for the resumption of exploration in parallel with community engagement in line with the
RSLFN’s Community Consultation Protocol.
Kyle Stanfield , CEO and Director of ONGold commented: “ We are thrilled to be coordinating the re -
initiation of field exploration activities at the Monument Bay gold project with Red Sucker Lake First
Nation. We are excited to be working with a community with a demonstrated history of dynamism and
strong leadership across industry. The recently completed geological compilation has shown enormous
potential for ONGold to increase the size of the historic gold resource in the coming months.”
About ONGold Resources Ltd.
ONGold Resources Ltd. owns significant exploration assets in Northern Ontario and Northern Manitoba,
including the district-scale Monument Bay Gold-Tungsten Project, TPK Project, Domain Gold Project and
October Gold Project. These projects represent a strategic footprint in one of Canada’s most prolific gold-
producing regions.
With its deep exploration-development technical expertise, strong commitment to social acceptability,
mindful Indigenous engagement and partnerships, in addition to a proven track record of responsible
exploration, ONGold’s team is uniquely positioned to unlock the full potential of its portfolio of projects.
ONGold Resources Ltd. on behalf of the Board of Directors
Kyle Stanfield, Chief Executive Officer & Director
Contact Information
Kyle Stanfield
ONGOLD RESOURCES LTD.
TSX-V: ONAU / OTCQB: ONGRF
Chief Executive Officer
Telephone: 1 (855) 525-0992
Email: [email protected]
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news
release.