GoldON Resources Ltd V.GLD

Alternate Symbol(s): NCMBF

Metals & Mining Gold

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.

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GoldON Resources Ltd

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Comment by xdmmdx3on Sep 16, 2010 2:08pm

234 Views

Post# 17456874

RE: RE: Good Research on NewCastle

Alchemist7:
"ReboundRib -- Newcastle sold their Yukon claims -- 6-25-10. Too bad they didn't have enough $$$ to keep them."

I completely disagree. The Phiz claims and others up there in Snip were low grade deposits. Also currently in the middle of nowhere. Money can better be used on the current projects. Besides when they were sold NCM received millions of shares in the other company, which is doing quite well. it was a very good and quick use of the land for the fastest and cleanest possible gain. I'm really happy they divested it.

Good luck to you and to all,

x

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