Core Insights - ONGold Resources Ltd. has announced final results from a nine-hole diamond drilling program at the Ti-pi-ha-kaa-ning (TPK) project in Northern Ontario, revealing significant copper, silver, and gold mineralization [1][5][25] Group 1: Drilling Results - The drilling program totaled 2,169 meters and confirmed high-grade intersections of gold, copper, and silver in the Gold Ridge area [1][7] - Notable results include drill hole GR-25-012, which intersected 3.06% Cu, 60.3 g/t Ag, and 1.5 g/t Au over 1.5 meters, including 11.1% Cu and 218 g/t Ag over 0.4 meters [6][20] - Drill hole GR-25-011 reported 19.39 g/t Au and 1.0 g/t Ag over 8.2 meters, with a peak of 308 g/t Au over 0.3 meters [3][10] Group 2: Geological Insights - The TPK property is situated in a favorable geological setting, characterized by a complex system of mineralization controlled by shears in intrusive rocks [15][17] - The Gold Ridge area is interpreted to host a large, intrusive-hosted, orogenic copper-gold system, with significant potential for further discoveries across a 1,500-meter gap between the West Discovery Zone and the Discovery Zone [7][25][27] Group 3: Future Plans - The company plans to conduct further geological compilations and permit a wider drilling program for 2026, aiming to explore the identified mineralized systems more extensively [5][29] - Additional work programs include ground electromagnetic and gravity surveys, field exploration, and further drilling in priority areas [36][29] Group 4: Company Overview - ONGold Resources Ltd. holds significant exploration assets in Northern Ontario and Manitoba, including the TPK project, which is part of a strategic footprint in a prolific gold-producing region [33][34]
ONGold 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
TMX Newsfile·2026-01-19 12:30