202615 releases
ONGOLD CLOSES UPSIZED $9.0 MILLION LIFE FINANCING
ONGold Resources closed its upsized private placement for aggregate gross proceeds of C$9,055,558.12, comprising flow-through units at $0.81 (ON) and $0.93 (MB), and hard dollar units at $0.58 (HD). The offering remains subject to final TSX Venture Exchange approval.
FinancingONGold to Regain Full Control of the October Gold Project, 35 km Northwest of IAMGOLD’s Côté Gold Mine, and Identifies New Exploration Targets
Evolution Mining has terminated its earn-in and joint venture agreement on the October Gold Project in northeastern Ontario, effective October 15, 2026, leaving ONGold with a 100% interest and operatorship; Evolution confirmed it funded at least $2.5 million of the $7 million expenditure commitment. The 1,308-claim, 271 km² property lies 35 km northwest of IAMGOLD's Côté Gold Mine. ONGold plans an exploration permit application in fall 2026 for ground geophysics and a potential drill program, with a Woman River site visit in late October or November 2026.
AcquisitionONGold Announces Commencement of 2026 Phase 2 Diamond Drilling Program at TPK
A 2,100-metre Phase 2 diamond drilling program has begun at the TPK Project in northern Ontario, expected to continue through late November 2026. Drilling will follow up high-grade gold intercepts from the 2025 campaign and historical holes, including GR-25-011 (19.39 g/t Au over 8.20 m) and TPK-10-004 (25.87 g/t Au over 13.5 m), and test the previously undrilled Sidewinder Zone, where grab samples returned up to 10.70 g/t Au. TPK comprises 2,835 cell claims over approximately 76,292 hectares.
Drill resultsONGOLD ANNOUNCES UPSIZE OF LIFE FINANCING TO $9.3 MILLION
The previously announced best efforts LIFE private placement has been upsized from up to $5,346,000 to up to $9,255,650 in gross proceeds, with Paradigm Capital Inc. as lead agent and sole bookrunner. The offering comprises up to 7,410,000 Ontario flow-through units at $0.81, up to 1,615,000 Manitoba flow-through units at $0.93, and up to 3,020,000 hard-dollar units at $0.58, each unit including a half warrant exercisable at $0.88 for two years. The agents' $800,000 option was terminated; closing is expected on or about October 27, 2026.
FinancingONGOLD ANNOUNCES $5.3 MILLION FINANCING
A best efforts private placement for aggregate gross proceeds of up to $5,346,000 has been agreed with Paradigm Capital Inc. as lead agent and sole bookrunner, comprising up to 3,700,000 Ontario flow-through units at $0.81 ($2,997,000), up to 1,450,000 Manitoba flow-through units at $0.93 ($1,348,500) and up to 1,725,000 HD units at $0.58 ($1,000,500), each unit including a half warrant exercisable at $0.88 for two years. The Agents hold an option for up to $800,000 more. Closing is expected on or about October 27, 2026.
FinancingONGOLD RESOURCES LTD. TO PARTICIPATE IN THE GENTILE MINING INVESTOR FORUM IN LONDON
ONGold Resources will take part in the inaugural Gentile Mining Investor Forum, a full-day investor conference on Monday, October 19, 2026, at 116 Pall Mall in Mayfair, London, presented by Michael Gentile with Amvest Capital Inc. The event will bring together up to 150 investors and over 20 companies from Gentile's portfolio for one-on-one meetings and issuer showcases. The release also notes a fall 2026 drilling program is planned at the TPK Project in Ontario.
CorporateONGold Identifies AZ Zone as Priority Near-Mine Gold Drill Target at Monument Bay & Receives Manitoba Government Support
A diamond drill program of up to 2,500 m will commence in November 2026 at the AZ Zone, a near-mine target at the Monument Bay Gold Project in Manitoba, located about 800 m south of the Monument Bay deposit. Historical work returned grab samples up to 12.97 g/t Au, a channel sample of 10.29 g/t Au over 0.50 m, and drill intercepts including 2.10 g/t Au over 1.90 m; a 2025 IP survey outlined untested anomalies over 1,200 m of strike. Manitoba granted ONGold $300k for project development, Indigenous engagement and training.
Drill resultsONGold Announces Updated Mineral Resource Estimate for the Monument Bay Gold Project, Manitoba
An updated mineral resource estimate for the Monument Bay Gold Project in northeastern Manitoba, prepared by SRK Consulting (Canada) Inc. with an effective date of July 31, 2026, reports open-pit constrained Measured and Indicated resources of 74.39 million tonnes at 0.84 g/t Au containing 2.0 million ounces, plus Inferred resources of 24.46 million tonnes at 0.62 g/t Au containing 0.49 million ounces, at a 0.20 g/t Au cut-off and US$3,000 gold price. SRK proposed a Phase I program of about 20 holes totalling 11,150 metres. Tungsten was not included.
Resource updateONGold Affirms TPK Drill Program Readiness & Reports Exploration Grab Assays up to 17.96 g/t Au Resulting from the 2026 Phase 1 Field Program
Grab sampling from the 2026 Phase 1 field program at the TPK Project in northern Ontario returned up to 17.96 g/t Au at Rowlandson Lake historical trenches, 10.69 g/t Au at the newly discovered 70-metre-long Sidewinder Zone, and float boulders of 144.68 g/t Au and 28.48 g/t Au at Gold Ridge. Ground EM and gravity surveys identified a new target about 250 metres north of hole GR-25-012. Drilling, rescheduled from summer due to wildfires, is planned for fall.
Drill resultsONGold Granted Diamond Drilling Permits for Gold Ridge and Big Dam at the TPK Project in Northern Ontario
Exploration diamond drilling permits have been received for the Gold Ridge and Big Dam areas of the TPK project in Northern Ontario. Drilling at Gold Ridge is expected to commence in mid-August and continue through mid-September, focusing on the Discovery Zone and West Discovery Zone, following 2025 results including 19.39 g/t gold over 8.2 metres in hole GR-25-011. A ground EM and gravity survey is being conducted during the June field program to define additional targets.
CorporateONGold Commences 2026 Phase 1 Field Exploration Program at the TPK Project in Northern Ontario
A 2026 Phase 1 field exploration program has begun at the TPK project in Northern Ontario, focused on the Gold Ridge area including the Discovery Zone and West Discovery Copper-Silver-Gold Zone, and comprising Fixed Loop TDEM and gravity surveys, mapping, prospecting and an orientation soil survey in June. Phase 2 drilling is expected to start in August or September. The 2025 nine-hole, 2,169-metre program returned 19.39 g/t Au over 8.2 metres in GR-25-011 and 3.06% Cu, 60.3 g/t Ag, 1.50 g/t Au over 1.5 metres in GR-25-012.
Drill resultsONGold Reports Higher-Grade Gold Composite Assays at Monument Bay, including 4.12 g/t Au over 26.75m including 43.50 g/t Au over 0.49m, with Higher Gold Grades observed in the Eastern Deposit Area
Composite assay results from the completed historical core re-logging, infill sampling and pulp re-analysis program at the Monument Bay Gold-Tungsten Project in Manitoba include 4.12 g/t Au and 730 ppm W over 26.75 m in TL-19-697B, including 43.50 g/t Au over 0.49 m, and 2.20 g/t Au over 9.70 m in TL-11-394. The program added 1,792 gold and 13,903 tungsten assays across 89 holes and 10,725 m of core. An updated SRK Canada resource estimate is expected in September.
Drill resultsONGold Advances Geological and Structural Understanding of theMonument Bay Gold & Tungsten Deposit
A geological and structural review at the Monument Bay gold-tungsten project in Northern Manitoba has been completed, involving re-logging of 83 historical drill holes totalling 11,400 m of core across 19 drill sections. Historical composites cited include 6.15 g/t Au over 132.0 m in hole TL-16-575, with 691.09 g/t Au over 0.65 m, and 0.93 g/t Au over 108.60 m in TL-06-319. Tungsten assays for over 12,000 historical pulps have been received and are undergoing validation, supporting an SRK Consulting resource estimate in 2026. President Rodney Barber departs effective March 31, 2026, with VP Exploration Paul Dunbar assuming geological planning duties.
NewsONGold Returns 14.59 g/t Au over 9.6 m (core length) from Re-logging Program at Monument Bay Gold-Tungsten Project and Awards Contract to Prepare Updated NI 43-101 Mineral Resource Estimate
SRK Consulting (Canada) Inc. has been awarded the contract to prepare an updated NI 43-101 gold and tungsten mineral resource estimate for the Monument Bay project in northeastern Manitoba, targeted for publication in 2026. Core re-sampling of 10 historical holes returned 14.59 g/t Au over 9.60 m core length in GSC-04-04, including 19.7 g/t Au over 6.60 m, 1.94 g/t Au over 14.14 m in TL-07-340, and 1.13 g/t Au over 26.90 m in TL-04-198. Assays from 375 samples collected in fall 2025 are pending.
Drill resultsONGold Intercepts High-Grade Copper, Silver with Gold in Newly Identified Massive Sulphide Zone at Gold Ridge: 11.10% Cu, 218 g/t Ag and 4.45 g/t Au Over 0.4 Metres in Hole GR-25-012
Final assays from a nine-hole, 2,169 m diamond drill program at the Gold Ridge area of the TPK project in Northern Ontario returned 3.06% Cu, 60.3 g/t Ag and 1.50 g/t Au over 1.5 m in hole GR-25-012, including 11.10% Cu, 218 g/t Ag and 4.45 g/t Au over 0.4 m from a massive sulphide zone about 225 m from surface in the West Discovery Zone. GR-25-013 returned 2.95% Cu, 42.4 g/t Ag and 1.79 g/t Au over 0.3 m. ONGold plans ground electromagnetic and gravity surveys and further drilling.
Drill results
202516 releases
ONGOLD STAKES ADDITIONAL CLAIMS,SUBSTANTIALLY EXPANDS TPK PROPERTY
Staking of 73 multi-cell and single-cell claims covering approximately 21,969 hectares (1,118 cells) has expanded the TPK project in northwestern Ontario by 46%, to 2,504 claims over approximately 69,764 hectares, covering extensions of the Mameigwess and Bartman Lake Greenstone Belts and the Stull-Wunnumin Fault Zone. Recent Gold Ridge drilling returned 19.39 g/t Au over 8.2 metres core length from 11.8 m, with assays pending for remaining holes. ONGold also signed an MOU with Chapleau Cree First Nation covering its October Gold property, issuing 50,000 shares and 50,000 warrants.
CorporateONGOLD ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS TO CERTAIN EMPLOYEES
A total of 375,000 stock options and 149,438 restricted share units have been granted to certain employees under ONGold Resources' omnibus incentive plan. The options are exercisable at $0.89 per common share for five years, vesting one-third immediately and the balance in two equal tranches at six-month intervals, while the RSUs vest half on each of the first and second anniversaries of grant; the plan and grants require shareholder and TSX Venture Exchange approval. The company also clarified that cash commissions of $195,059.70 and 300,091 finder's warrants, exercisable until December 24, 2026, were paid in connection with its December 24, 2024 offering.
CorporateONGOLD IDENTIFIES PERVASIVE GOLD SYSTEM AT TPK PROJECTINTERSECTING 19.39 G/T GOLD OVER 8.2 M IN GOLD RIDGE AREA
Initial gold assays from eight of nine holes drilled at the Gold Ridge area of the TPK project in Northern Ontario returned 19.39 g/t gold over 8.2 m from 11.8 m in hole GR-25-011, including 308 g/t Au over 0.3 m, plus 0.30 g/t Au over 56.4 m in GR-25-012 and 5.21 g/t Au over 1.5 m in GR-25-014. The program totalled 2,169 m in 9 holes; results for GR-25-016 and base metal assays are pending. Anomalous gold occurs over an area roughly 400 m wide by 1,400 m long.
Drill resultsONGOLD ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS
A total of 1,242,740 stock options and 161,110 restricted share units have been granted to certain directors, officers, employees and consultants of ONGold Resources under its omnibus incentive plan. The options are exercisable at $0.90 per common share for five years, vesting one-third immediately and the balance in two equal tranches at six-month intervals; the RSUs vest two-thirds after one year and one-third at 18 months. The plan and grants require shareholder and TSX Venture Exchange approval, with a four month and one day hold period.
CorporateONGOLD CLOSES UPSIZED $9.3 MILLION BOUGHT DEAL PRIVATE PLACEMENT
An upsized bought deal private placement closed for gross proceeds of C$9,300,042, comprising 2,590,700 Ontario flow-through shares at C$0.965, 3,744,300 Manitoba flow-through shares at C$1.095 and 3,970,600 common shares at C$0.68. Paradigm Capital was lead underwriter and sole bookrunner, with underwriters paid a 6% cash commission and 309,168 compensation options exercisable at C$0.68 for 24 months. Flow-through proceeds fund exploration in Ontario and Manitoba by December 31, 2026; insiders participated and TSXV final approval is pending.
FinancingONGOLD ANNOUNCES UPSIZE OF BOUGHT DEAL LIFE PRIVATE PLACEMENT FOR GROSS PROCEEDS OF $9.3 MILLION
A previously announced bought deal private placement has been upsized from approximately $7,700,137 to $9,300,042 in gross proceeds, comprising 2,590,700 Ontario flow-through shares at $0.965 ($2,500,025.50), 3,374,300 Manitoba flow-through shares at $1.095 ($4,100,008.50) and 3,970,600 hard-dollar shares at $0.68 ($2,700,008). Paradigm Capital is lead underwriter and sole bookrunner, with Cormark Securities and Agentis Capital Partners. Flow-through proceeds fund exploration in Ontario and Manitoba; hard-dollar proceeds fund working capital. Closing is expected on or about October 1, 2025.
FinancingONGOLD ANNOUNCES $7.7 MILLION BOUGHT DEAL PRIVATE PLACEMENT
A bought deal private placement for aggregate gross proceeds of $7,700,137.50 has been agreed with Paradigm Capital Inc. as lead underwriter and sole bookrunner, comprising 2,590,700 Ontario flow-through shares at $0.965 ($2,500,025.50), 2,283,200 Manitoba flow-through shares at $1.095 ($2,500,104) and 3,970,600 common shares at $0.68 ($2,700,008). Flow-through proceeds will fund Canadian exploration expenses in Ontario and Manitoba by December 31, 2026; hard dollar proceeds go to working capital and general corporate purposes. Closing is expected on or about October 1, 2025, subject to TSX Venture Exchange approval.
FinancingONGOLD ANNOUNCES AGREEMENT WITH NIBINAMIK FIRST NATION & INITIATION OF EXPLORATION PROGRAM AT TPK GOLD PROJECT
A Collaboration Agreement has been signed with Nibinamik First Nation covering the TPK gold project in Northern Ontario, with certain obligations, including the issue of $150,000 of common shares to the First Nation, subject to TSX Venture Exchange approval. An eight-hole diamond drill program totalling 2,400 metres is underway at the Gold Ridge System and is expected to conclude in the latter half of September. Previous 2012 drilling returned 4.62 g/t gold over 5.5 m and 13.40 g/t Au over 1.90 m.
CorporateONGOLD INITIATES INFILL SAMPLING PROGRAM TO RECOVER MISSING TUNGSTEN AND GOLD ASSAYS AT MONUMENT BAY FOR ENHANCED RESOURCE MODELING AND DEVELOPMENT
An infill sampling program has begun at the Monument Bay gold-tungsten deposit in Manitoba to recover tungsten and gold assays from intervals not previously analyzed, with only 10% of split core originally sampled for gold having been assayed for tungsten. Over 13,400 stored sample pulps within the modelled gold domain are being collected for tungsten analysis. Reported historical intercepts include 17.4m at 2.05 g/t Au and 0.51% WO3 (TL-05-275) and 3.0m at 15.68 g/t Au and 1.22% WO3 (TL-18-668).
Drill resultsONGOLD ANNOUNCES NEW GOLD SHOWINGS AND EXPLORATION UPDATE AT THE OCTOBER GOLD PROJECT
Rock grab samples at the Stetson target on the October Gold project in Ontario's Swayze Greenstone Belt returned 1.71 g/t Au and 0.907 g/t Au in separate locations, with four of 339 rock samples exceeding 0.10 g/t Au. Operator Evolution Mining collected 339 rock samples, 943 till samples and six Electrical Resistivity Tomography lines in summer 2024 and winter 2025, outlining three targets: Stetson, Lariat and Sinnet. A summer program of 907 infill till samples and mapping is planned, with diamond drilling expected in Q1 2026.
Drill resultsONGOLD ANNOUNCES INITIATION OF COMPREHENSIVE EXPLORATION PROGRAM AT THE MONUMENT BAY GOLD AND TUNGSTEN PROJECT
Summer exploration has begun at the Monument Bay Gold and Tungsten Project in northeastern Manitoba, including a 30-line km ground IP survey targeting to 300 m vertical depth over the Monument Bay deposit, Mid-East Zone and the 1.4 km AZ/Central Zone, plus regional field work and a fixed-wing Lidar/orthophotography survey. The phase one program is budgeted at $2,855,600, including a 10% contingency, and is coordinated with Red Sucker Lake First Nation. Phase two drilling would depend on phase one results.
Drill resultsONGOLD ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT FOR THE MONUMENT BAY GOLD PROJECT AND PROVIDES CORPORATE UPDATE
An NI 43-101 technical report dated May 30, 2025 with an effective date of March 3, 2025, prepared by Rodney Barber, P.Geo., has been filed on SEDAR+ for the Monument Bay Gold Project in northeastern Manitoba. It describes a historical, non-current estimate of about 2.3 million gold ounces measured and indicated (58.0 million tonnes at 1.24 g/t) and 720,000 ounces inferred (24.4 million tonnes at 0.92 g/t), and recommends a phase one program budgeted at $2,855,600. Independent director Thomas Gallo resigned effective immediately.
Study resultsONGOLD RESOURCES ANNOUNCES APPOINTMENT OFVICE-PRESIDENT EXPLORATION & MONUMENT BAY GOLD PROJECT UPDATE
Paul Dunbar has been appointed Vice-President, Exploration effective April 1, 2025, and will lead the reactivation of exploration and a resource review at the Monument Bay gold project in Manitoba. Planned work includes a Phase I field exploration program over five target areas, an induced polarization survey, optical televiewer structural studies, a fixed-wing lidar/orthophoto survey, and re-evaluation of historical gold-tungsten resources defined using US$1,200 gold. Resource geologist Wally Dzick has been engaged for the resource re-examination.
Management
20247 releases
ONGOLD ANNOUNCES PRIVATE PLACEMENT
FinancingONGOLD ANNOUNCES RESIGNATION OF DIRECTOR
ManagementONGOLD NAMES JOHN KIM BELL AS CHAIRMAN
Management