GoldON Engages Technical Advisor for Its West Madsen Gold Project in Red Lake, Ontario

Rhea-AI Summary

GoldON Resources (TSXV: GLD) has appointed Andrea Diakow, P.Geo., as the technical advisor for its West Madsen Gold Project in Red Lake, Ontario. Andrea brings over 15 years of mineral exploration experience, including significant contributions to the Dixie Project's success. Her role will focus on exploration studies and target development. The West Madsen project is strategically located 5 km from the Madsen gold mine and mill complex, owned by West Red Lake Gold Mines. Andrea's expertise is expected to enhance the project's exploration potential and development strategy.

Positive

• Appointment of Andrea Diakow, a seasoned geologist with over 15 years of experience in mineral exploration.
• Andrea's prior success with the Dixie Project, leading to its acquisition by Kinross Gold Corp.
• West Madsen Gold Project's strategic location, 5 km from the Madsen gold mine and mill complex.

Negative

• No specific financial data or timelines provided for the West Madsen project development.
• Potential reliance on Andrea Diakow's expertise may pose a risk if her contributions do not meet expectations.
• The press release lacks detailed information on current exploration progress or results at the West Madsen site.

West Madsen's eastern boundary is a 5 km drive from the Madsen gold mine and mill complex owned by West Red Lake Gold Mines

Victoria, British Columbia--(Newsfile Corp. - May 30, 2024) - GoldON Resources Ltd. (TSXV: GLD) (the "Company") is pleased to announce that it has engaged Mrs. Andrea Diakow, P.Geo., to oversee exploration studies and target development at its 100%-owned West Madsen Gold Project.

Andrea was a key contributor to the exploration success at the Dixie Project dating back to Great Bear's original discovery in 2017. She is a professional geologist with over 15 years of experience working in the mineral exploration industry on diverse precious and base metal projects ranging from grassroots to feasibility stage. Her experience includes over 6 years of gold exploration in the Red Lake district. Employing her strong technical background and diverse experience, Andrea managed Great Bear's exploration program, including QA/QC practices, and directed the various advanced exploration studies undertaken at Dixie prior to Great Bear being acquired by Kinross Gold Corp. in February 2022.

About GoldON Resources Ltd.

GoldON is a mineral exploration company focused on discovery-stage properties. Our goal with a property is to add value by defining or redefining the exploration opportunity, maintain ownership control during the value creation phase of discovery, and then source a well-financed partner capable of accelerating discovery, resource definition, and development.

For more information, you can visit our website at goldonresources.com, download our investor presentation by clicking here, and follow us on X at https://x.com/GoldONResources.

ON BEHALF OF THE BOARD

Signed "Michael Romanik"

Michael Romanik, President
GoldON Resources Ltd.
Direct line: (204) 724-0613
Email: info@goldonresources.com
179 - 2945 Jacklin Road, Suite 416
Victoria, BC, V9B 6J9

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/211020

FAQ

What recent appointment did GoldON Resources announce?

GoldON Resources announced the appointment of Andrea Diakow as the technical advisor for its West Madsen Gold Project.

What is the significance of Andrea Diakow's appointment for GoldON Resources?

Andrea Diakow brings over 15 years of mineral exploration experience, including notable success with the Dixie Project, which is expected to enhance the West Madsen Gold Project.

Where is the West Madsen Gold Project located?

The West Madsen Gold Project is located in Red Lake, Ontario, 5 km from the Madsen gold mine and mill complex.

What was Andrea Diakow's role in the Dixie Project?

Andrea Diakow managed Great Bear's exploration program at the Dixie Project, contributing to its success and acquisition by Kinross Gold Corp.

What expertise does Andrea Diakow bring to the West Madsen Gold Project?

Andrea Diakow brings a strong technical background and over 15 years of experience in mineral exploration, including gold exploration in the Red Lake district.