GoldON Resources Ltd. reported that drilling has commenced at its 100%-owned McDonough gold property (the "Property") located approximately 15 kilometres north of the town of Red Lake, Ontario. The Property lies along the contact and unconformity of the Huston Assemblage conglomerates (2733-2743 million years [(Ma]) and the Slate Bay Assemblage (Confederation) (<2903 Ma) clastic sediments. The same Huston Assemblage conglomerates are in unconformable contact with the Balmer Assemblage mafic and ultra-mafic rocks where the Red Lake Mine Complex (Campbell and Red Lake gold mines) lies in close proximity.

Sediment unconformities are also proximal to the Madsen and Starratt-Olsen gold mines southwest of Red Lake. To date GoldON has completed a high-resolution heliborne magnetic survey, A-horizon soil sampling over select areas followed up by a ground induced polarization (IP) survey over the Property. Wide intervals (225-425 metres) of gold-in-soil anomalies ranging in values from 17- 253 ppb were encountered over the unconformity and surrounding host lithologies.

Interpretation of the IP survey identified 23 chargeable IP anomalies. Many of these were coincident with the gold-in-soil anomalies. The drill program will initially consist of 8 holes totaling 1,200 metres targeting coincident gold- in-soil with IP chargeability anomalies and other Priority 1 stand-alone IP chargeability anomalies.