Augen Gold Corp.

Published : December 02nd, 2014

Drilling Completed on GoldON's Neville-Potier Property in the Porcupine Mining Division of Ontario

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Keywords :   Canada | Gold | Silver |

Drilling Completed on GoldON's Neville-Potier Property in the Porcupine Mining Division of Ontario

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

VICTORIA, BC / ACCESSWIRE / December 2, 2014 / GoldON Resources Ltd. (GLD.V) ("GoldON" or the "Company") is pleased to report that drilling has been completed on the Company's 100% owned Neville-Potier property (the "Property"). As previously announced on November 19, 2014, the two-hole, 400 meter drill program was designed to test two shallow gold targets developed from the geological mapping, prospecting, and geophysical surveying programs completed on the Property earlier this year. Drill core logging is in process and samples will be submitted for gold and multi-element analyses. Significant sample assay results will be reported as soon as available.

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 Cote 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, 2014 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 kilometers north of the Cote 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 Cote 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: info@goldonresources.com

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.

SOURCE: GoldON Resources Ltd.

Read the rest of the article at finance.yahoo.com
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Augen Gold Corp.

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Augen Gold is a gold exploration company based in Canada.

Augen Gold holds various exploration projects in Canada.

Its main exploration properties are JEROME MINE and SOUTH SWAYZE in Canada.

Augen Gold is listed in Canada. Its market capitalisation is CA$ 667 500 as of today (US$ 492 547, € 443 046).

Its stock quote reached its highest recent level on January 14, 2011 at CA$ 3.00, and its lowest recent point on January 26, 2024 at CA$ 0.03.

Augen Gold has 8 900 000 shares outstanding.

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6/20/2008(Jerome Mine)INTERSECTS 15.13G/T GOLD OVER 8.35 METRES AT JEROME MINE
Corporate news of Augen Gold Corp.
7/18/2011Highlights from Augen Gold's Initial NI 43-101-Compliant Min...
7/11/2011Responds to Trelawney Announcement
7/5/2011Posts 3D Model of Jerome and New North Shore DDH Maps
6/23/2011Hires Pinnacle Capital Markets
6/4/2011Prolific North Shore Trend Pushed NW of Jerome
5/31/2011GLD Doubles Up The Drills On Exciting Target
5/16/2011Conference Call RE 1.8 km Discovery Zone
5/11/2011Continues to Intersect High-Grade Gold Mineralization Along ...
4/25/2011Announces Adoption of Shareholder Rights Plan
4/20/2011(Jerome Mine)Intersects 6.72 g/t Over 11.19 Metres Near Historical Jerome...
3/25/2011Commences Independent Assessment
2/16/2011Enters Into Option and Joint Venture Agreement With Sanatana
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