Gold Finder Resources Ltd Stock Price, News & Analysis

Gold Finder Resources (TSXV: GLD) has announced the commencement of trading on the TSX Venture Exchange, transitioning from its former name GoldON Resources while maintaining its trading symbol. The company's shares will trade under new CUSIP (38059A107) and ISIN (CA38059A1075) numbers.

The company's Slate Falls property, which is 100% owned by Gold Finder, has shown promising exploration results with at least 18 gold occurrences identified across a 10-kilometre trend. Previous fieldwork has yielded impressive sample assays reaching up to 861.3 grams per tonne gold from chip, channel, and drill core samples.

GoldON Resources (TSXV: GLD) has announced its upcoming name change to Gold Finder Resources , effective April 21, 2025. The company will maintain its trading symbol on the TSX Venture Exchange, while updating its CUSIP number to 38059A107 and ISIN number to CA38059A1075.

The rebranding reflects the company's strategic shift from focusing solely on northwestern Ontario to exploring opportunities in other mining-friendly jurisdictions. President Gregory Lytle emphasized that while northwestern Ontario remains a cornerstone of their gold exploration efforts, the new name aligns with their broader geographic expansion initiative.

GoldON Resources (TSXV: GLD) has announced significant management and board changes. Gregory Lytle has been appointed as president, CEO, and director, bringing over 20 years of experience in advising mineral exploration companies and having facilitated over $100 million in funding for clients. Glen Wallace, previously the company's Chief Compliance Officer, has been named CFO, bringing 35 years of accounting experience and extensive expertise in regulatory compliance.

Brayden Sutton, founder of Sutton Ventures , joins as director, contributing over two decades of capital markets experience. These appointments follow the resignations of Michael Romanik as president, CEO, and director, and Jeff Smulders as CFO and director. The changes mark a new chapter for GoldON as it positions itself to participate in the upcoming gold cycle.

GoldON Resources (TSXV: GLD) has completed the second and final tranche of its non-brokered private placement financing, raising $150,000 through the issuance of 6,000,000 Units at $0.025 per Unit. This concludes the total offering of $400,000 for 16,000,000 Units.

Each Unit includes one common share and one transferable warrant, allowing holders to purchase an additional common share at $0.05 for two years. The Company can accelerate warrant expiry if its share price remains at or above $0.20 for 10 consecutive trading days.

The proceeds will be allocated with up to $200,000 for work at the 100%-owned Slate Falls Gold-Silver Property, while the remainder will fund general working capital. Up to 10% may be used for investor relations and up to 20% for non-arm's length party payments.

GoldON Resources (TSXV: GLD) has completed the first tranche of its non-brokered private placement, raising $250,000 through the issuance of 10,000,000 Units at $0.025 per Unit. Each Unit includes one common share and one transferable warrant, allowing purchase of an additional common share at $0.05 for two years.

The company plans to allocate up to $200,000 of the proceeds to fund work at its 100%-owned Slate Falls Gold-Silver Property, with the remainder for working capital. The total offering aims to raise up to $400,000 through 16,000,000 Units. An accelerated expiry clause is triggered if the stock price reaches $0.20 for 10 consecutive trading days. Shares from this tranche have a hold period until July 21st, 2025.

GoldON Resources has reported final assays from its 2024 drilling program at the West Madsen gold property in Ontario's Red Lake Camp. The program completed 1,828.42 metres across five diamond drill holes, revealing an anomalous gold zone spanning over 1.4 kilometres in strike length. Notable results include 0.85 g/t Au over 9.44m including 2.04 g/t Au over 2m in hole WM-24-05, and copper mineralization of 0.20% Cu over 13.41m in hole WM-24-04. The property's eastern boundary is located 5km from the Madsen gold mine and mill complex owned by West Red Lake Gold Mines.

GoldON Resources (TSXV: GLD) has provided an update on its exploration drilling program at the 100%-owned West Madsen gold property in Ontario's Red Lake Camp. The company completed 1,828.42 metres of diamond drilling over five holes in September. The drilling program aimed to follow up on previous results, investigate a geophysical interpreted fold nose, and test a granodiorite intrusive body along strike.

Key findings include:

• All holes intersected the granodiorite intrusive body with downhole widths up to 57 metres
• Strong to intense alteration and pyrite mineralization were observed in all drill holes
• The strike length of the granodiorite has been traced for over 1.25 kilometres
• Ultramafic flows believed to belong to the Balmer Assemblage were intersected in the two most easterly holes

Logging and sampling of the drill core is in progress, and results will be released once all final assays have been received.

GoldON Resources (TSXV: GLD) has announced the start of exploration drilling at its 100%-owned West Madsen gold property in Ontario's Red Lake Gold District. The 5,988-hectare property is strategically located near West Red Lake Gold Mines' (WRLG) Madsen gold mine, which is expected to restart production in 2025. Previous drilling by GoldON discovered gold mineralization in felsic intrusive rocks, with hole WM-21-22 intersecting a 195-metre zone of consistent low-grade gold mineralization.

The new drilling phase will focus on Block A, where the company has identified potential for a proximal gold system. GoldON's exploration strategy is influenced by Great Bear's success at the Dixie property, which led to a $1.8 billion acquisition by Kinross Gold Corp. The company's drill target development is led by Andrea Diakow, P.Geo., former exploration manager at Great Bear.

GoldON Resources (TSXV: GLD) has engaged Rouillier Drilling for its upcoming drilling program at the 100%-owned West Madsen gold property. GoldON's team is heading to the site to prepare for drilling. The property is strategically located in Ontario's Red Lake Gold District, covering 5,988 hectares and divided into two blocks, A and B. The next phase of drilling will focus on Block A, which shares geological characteristics with the nearby Madsen gold mine, owned by West Red Lake Gold Mines (WRLG). WRLG plans to restart production at Madsen in the latter half of 2025. Rouillier Drilling, established in 1977, specializes in surface and underground drilling and has received the UL 2724 ECOLOGO® certification for eco-friendly mineral exploration services.