Drilling Underway on GoldON’s Neville-Potier Property in the Porcupine Mining

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GLD’s claims adjoin Trelawney-IAMGOLD’s multi-million ounce Cote Gold Project

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Drilling Underway on GoldON’s Neville-Potier Property in the Porcupine Mining

posted on Nov 19, 2014 10:09AM

District

IAMGOLD’s 7.6 million ounce Côté Gold Deposit is ~3.5 km south of the drill targets

Victoria, British Columbia (FSCwire) - GoldON Resources Ltd. (TSX-V: GLD) is pleased to announce that, further to the news release of October 7, 2014, a small drilling program has commenced on its Neville-Potier property (the “Property”). This two-hole, 400 meter drill program is designed to test two shallow gold targets developed from the geological mapping, prospecting, and geophysical surveying programs completed on the Property this year.

The Property, located approximately halfway between Timmins and Sudbury in the Porcupine Mining Division of Ontario, is part of GoldON’s 100% owned Swayze Gold Project and is one of three non-contiguous claim blocks (Chester, Mollie River and Neville-Potier) that adjoin or are surrounded by the Côté Gold Project (NI 43-101 Indicated Resources of 7.6 million gold ounces) owned by Trelawney Mining and Exploration Inc., a subsidiary of IAMGOLD Corporation.

Refer to slides 15 through 23 of the GoldON presentation for property locations, work program areas, drill hole locations, etc.

The Property consists of 375 units covering 6,000 hectares. Access and infrastructure are excellent, with the Property’s southern boundary located approximately 3 km north of the Côté Gold Project camp.

Andrew Nevin, Ph.D, P.Eng., and Qualified Person as defined by National Instrument 43-101, has reviewed and approved the information contained in this news release on behalf of the Company.

About GoldON Resources Ltd.

GoldON Resources Ltd. is an exploration company geographically focused on two of the prolific gold mining belts of Ontario, Canada. The Company’s properties include the Slate Falls gold-silver property in northwestern Ontario, and the Swayze gold project adjoining IAMGOLD’s multi-million ounce Côté Gold Project in the Swayze Greenstone Belt. For more information, visit: www.goldonresources.com

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik, President

Direct line: (204) 724-0613

Email: [email protected]

###

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

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/GoldONNov192014.pdf

Source: GoldON Resources Ltd. (TSX Venture:GLD) http://goldonresources.com/