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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 digger144on Feb 21, 2011 11:21pm
399 Views
Post# 18171549

RE: Digger - great insight

RE: Digger - great insight
Hey, thebigkahuna555...

Trelawney has chosen not to drill further North..North West towards our claims for a number of reasons....at least for the time being!

For one...they have a window that is closing quickly in the Wetlands to the South...South West..they must get in a considerable amount of drilling before Break-Up in the Spring.  They are in the Marsh Lands and a Substantial Creek System.  Initially they had intentions to put four drills on that region of the Cote Lake Discovery but due to the potential they decided to put five drills to work!  I believe that the strike zone is pushing towards surface in that area and extensive drilling should provide some very favourable results.  This region is top priority for now!

Second...they have given enough "free" information to Augen Gold and it is time for us to spend some money....part of the game!

Third...they are running out of Real Estate to the North...North West and they have enough information on hand to know with a great deal of certainity what lies in the last 150 to 250 metres along the shared border with Augen. Most definitely more of the same!

Fourth...Gibson vs. Mason

Is this a lot of fun or what!

Digger144




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