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InvestmentPitch Media Feature Video Discusses GoldON Resources Which is Preparing for 2 Drill Programs in the Red Lake Gold Camp - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2019) - Today's feature company is Gol...
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[{"type":"text","content":"InvestmentPitch Media Feature Video Discusses GoldON Resources Which is Preparing for 2 Drill Programs in the Red Lake Gold Camp - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - June 10, 2019) - Today's feature company is GoldON Resources (TSXV: GLD), an exploration company focused on discovery-stage projects in the prolific gold belts of Ontario, Canada. On May 28th, the company signed a Definitive Agreement with Great Bear Resources (TSXV:GBR), giving it an option to earn an initial 60% interest and a subsequent 100% interest in Great Bear's West Madsen property.InvestmentPitch Media has produced a \"video\" which discusses this company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"GoldON\" in the search box.Cannot view this video? Visit:http://www.investmentpitch.com/video/0_0li34hc3/Feature-Company-GoldON-Resources-Prepares-for-Drill-Programs-on-2-Ontario-Gold-ProjectsThe West Madsen property is contiguous to Pure Gold's (TSXV:PGM) Madsen project, the highest-grade gold development project in Canada. Located in the heart of the Red Lake Gold Camp, Pure Gold's Madsen project is host to the historical Madsen and Starratt Olsen gold mines. Earlier this year Pure Gold completed a Feasibility Study on its Madsen deposit and a Preliminary Economic Assessment on the associated Fork, Russett South and Wedge deposits. Pure Gold also just announced their 2019 exploration program for their Madsen project, which includes a 12,000-metre drilling program that is underway and will be largely directed at their Wedge discovery and along strike extensions. Notably, the Wedge discovery is situated within a kilometer of GoldON's West Madsen property boundary; and a major crustal break between Balmer Assemblage rocks and Confederation Assemblage rocks is interpreted to trend from the Pure Gold land package onto the West Madsen property.Within the Red Lake Greenstone Belt, these major crustal breaks are associated with extensive gold mineralization hosted both in the Balmer Assemblage and within the felsic to intermediate volcanic rocks adjacent to the interpreted fault zones as recently identified by GoldON's partner Great Bear Resources at its Dixie Project.Yesterday, GoldON announced the engagement of Red Lake specialist, Rimini Exploration & Consulting, as Project Mana...