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GoldON to Conduct Property-Wide Airborne MAG Survey at Springpole East Property in Ontario's Red Lake Mining District
The Property adjoins First Mining Gold's Springpole Project one of the largest undeveloped gol...
About this update from Gold Finder Resources Ltd.
[{"type":"text","content":"GoldON to Conduct Property-Wide Airborne MAG Survey at Springpole East Property in Ontario's Red Lake Mining DistrictThe Property adjoins First Mining Gold's Springpole Project one of the largest undeveloped gold deposits in Canada at 3.8Moz probable reservesVictoria, British Columbia--(Newsfile Corp. - January 25, 2022) - GoldON Resources Ltd. (TSXV: GLD) (\"GoldON\" or the \"Company\") is pleased to announce that it has retained Prospectair Geosurveys to conduct a property-wide, heliborne, high-resolution magnetometer (MAG) survey at its recently acquired Springpole East property (the \"Property\") in the Red Lake Mining District of Northwestern Ontario (See news release of December 8, 2021). Figure 1: Regional map showing Springpole East location and GoldON's other projectsTo view an enhanced version of this graphic, please visit:https://goldonresources.com/images/Springpole-East/Springpole-East-Regional.jpgThe MAG survey is planned to be flown at 50-metre flight line spacings for a total of 1,609-line kilometres (km) to cover the 5,186-hectare Property and has been designed to provide a clearer picture of the dominant geological trends and anomalous features on the Property that can be explored later this year when fieldwork commences. The western boundary of the Property adjoins the Springpole project owned by First Mining Gold Corp., with the Springpole deposit located 9 km to the west of the boundary and hosting reserves of 3.8 million ounces of gold and 20.5 million ounces of silver. The 2021 pre-feasibility study of Springpole is highlighted by a 30,000 tonnes per day mining operation with a life of mine of 11 years.Mike Kilbourne, P.Geo., an independent Qualified Person as defined in NI 43-101, has reviewed and approved the contents of this news release on behalf of the Company.About GoldON Resources Ltd.GoldON is an exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario, Canada. Our current project portfolio includes seven properties in the Red Lake Mining District (West Madsen, Springpole East, Red Lake North, Pipestone Bay, Pakwash North, McInnes Lake, and McDonough) and an eighth property in the Patricia Mining District (Slate Falls).For additional information: please visit our website at goldonresources.com, you can download our latest investor p...