GoldON Reports Encouraging Assay Results from West Madsen, Uncovers Anomalous Gold Zone Over 1.4km
GoldON Resources Ltd. has announced the final assay results from its recent exploration drilling program at the 100%-owned West Madsen gold property in Ontario’s renowned Red Lake District. The program’s primary objective was to follow up on previous drill hole WM-21-22, which had intersected a promising granodiorite body yielding 0.16 grams per tonne (g/t) gold over 195 metres, and to test additional strike extensions.
“This program has further defined an extensive anomalous gold zone spanning over 1.4 kilometres,” noted GoldON’s exploration team, marking a key development in understanding the West Madsen property’s potential. Of particular interest, hole WM-24-05 revealed significant gold values both within the granodiorite and in adjacent metasedimentary rocks, suggesting multiple mineralization sources within the property.
Drilling Highlights and Key Findings
The drilling campaign comprised five strategically positioned holes, including:
• WM-24-05: Intersected 0.28 g/t Au over 15 metres within granodiorite and 0.85 g/t Au over 9.44 metres in silicified metasediments along the hanging wall, with a peak of 2.04 g/t Au over 2 metres. This dual-zone intersection could point to complex mineralization, requiring further core analysis to determine the precise source.
• WM-24-03 and WM-24-04: Targeted the eastern strike extension and intersected ultramafic flows likely associated with the Balmer Assemblage. The Balmer rocks, known for hosting historical gold production in Red Lake, presented chalcopyrite and pyrite mineralization, with WM-24-04 recording a notable 0.20% copper over 13.41 metres, including a high-grade segment of 1.93% copper over 0.37 metres.
• WM-24-02: Drilled to investigate a geophysical fold signature but did not encounter folded stratigraphy, leaving the anomaly’s source unknown.
Advanced Analytical and QA/QC Procedures
Samples were analyzed using Photon Assay at ALS Minerals in Thunder Bay, a high-precision method for gold analysis, alongside a 48-element ICP-MS analysis to detect additional metals. The samples underwent rigorous QA/QC protocols, with certified reference materials and blanks included at a 4% rate, ensuring data reliability. Mike Kilbourne, P.Geo., oversaw the program and approved these findings under National Instrument 43-101 standards.
About the West Madsen Property
Situated within the prolific Red Lake Gold District, the West Madsen property spans 5,988 hectares and comprises two claim blocks that are separated by less than 100 metres. Block A adjoins the Madsen gold mine, anticipated to restart production by late 2025. Importantly, GoldON’s Block A shares geological characteristics with the Madsen property, including the critical Balmer-Confederation contact, a 7-kilometre gold trend structure associated with significant past production in the district.
GoldON continues to advance its exploration efforts, with the potential for West Madsen to add significant value to Ontario’s storied Red Lake District.
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