ONGold Identifies Pervasive Gold System at TPK Project Intersecting 19.39 g/t Gold over 8.2 m in Gold Ridge Area

Core Insights - ONGold Resources Ltd. has announced initial results from its diamond drilling program at the Gold Ridge area of the TPK project, indicating the presence of a large, intrusive-hosted, orogenic gold system [1][6][30] - The drilling program consisted of 2,169 meters across 9 holes, with significant gold assay results reported from 8 of the holes [2][3][9] Drilling Program Details - The recent drilling program targeted the Discovery Zone and a strong Induced Polarization (IP) anomaly, with the first four holes successfully intersecting historical gold values [2][3] - Notable results include hole GR-25-011, which intersected 19.39 g/t gold over 8.2 meters, including high-grade intervals of 308 g/t gold over 0.3 meters [5][12] - The program has confirmed the presence of anomalous gold values in all drilled holes, with every hole returning values greater than 0.1 g/t gold [3][6] Geological Context - The TPK project encompasses 2,504 claims over 69,764 hectares in a favorable geological setting, with the Gold Ridge area located at the head of a gold grains-in-till dispersal corridor [1][30] - Historical sampling defined a 10 km long gold grains-in-till dispersion train, suggesting multiple sources of gold grains in the area [7][30] - The mineralization is associated with chloritic shears and quartz veins, indicating a complex geological environment conducive to gold deposition [9][30] Future Exploration Plans - The company plans to continue advancing the evaluation of the Gold Ridge system, with multiple remaining targets identified for further exploration [6][30] - The ongoing exploration efforts are expected to enhance understanding of the mineralization and potentially lead to the definition of mineral resources in the future [1][6]