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GoldON Resources Ltd V.GLD

Alternate Symbol(s):  NCMBF

GoldON Resources Ltd. is a Canada-based mineral exploration company, which is focused on discovery-stage properties. The Company is in the business of exploring its mineral exploration assets. Its projects include West Madsen, Slate Falls, Pipestone Bay, Pakwash North, McInnes Lake, McDonough and Hagarty Creek. The Pipestone Bay Property is located within the Red Lake Greenstone Belt (RLGB) approximately 32 kilometers (km) west of the town of Red Lake, the 1,015-hectare Pipestone Bay Property lies in an area of numerous significant gold occurrences, including two past producers and four developed prospects. The Hagarty Creek property comprises 17 mining claims covering 7,731 hectares. The property is approximately 46 kilometers (km) southeast of the town of Longlac in the municipality of Greenstone, Ontario. The McInnes Lake Property is located over 115 kilometers (km) north of the town of Red Lake. The West Madsen Property is located in the heart of the Red Lake Gold Camp.


TSXV:GLD - Post by User

Bullboard Posts
Comment by xdmmdx3on Mar 30, 2010 5:38pm
301 Views
Post# 16941486

RE: RE: RE: drilling

RE: RE: RE: drilling

blues2nz:

"....but I realise they first need cash, a plan and stratagy after work to find areas etc......"


Here's where I disagree; NCM has enough money to drill for a while....and as far as locations to drill, it is very easy to pick a spot on strike with one of the three areas that have huge gold finds (LGS, PKL, or TRR).  It is not really rocket science.  The problem is trying to get a decent driller that can mobilize in the area.  That can take literally months.  But I'm still hopeful they can locate decent drillers to come out sometime in the next quarter in one of their three locations.  That Mike Romaniuk has shown he can get things done.  I'll be patient.

Good luck to all,

x

Bullboard Posts