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GoldON Resources Proposes New Exploration Model for Slate Falls

Investing News Network
Sep. 02, 2014 09:07AM PST
Company News

GoldON Resources Ltd. (TSXV:GLD) announced that it is proposing a new exploration model for its Slate Falls property based on work in 2014 that includes a reinterpretation of all historical exploration data by consulting geologist Tim Twomey.

GoldON Resources Ltd. (TSXV:GLD) announced that it is proposing a new exploration model for its Slate Falls property based on work in 2014 that includes a reinterpretation of all historical exploration data by consulting geologist Tim Twomey.

As quoted in the press release:

The new exploration model (see: Figure 3) proposes that the Bamaji Pluton could have been the “heat engine” underneath the older and folded Woman Assemblage that may have driven the creation of a precious-metal-rich VMS base-metals mineralizing event in overlying Bamaji Assemblage as well as remobilized the Ag-Au rich quartz veins into Woman Assemblage rocks.

Drilling deeper than 30 metres below surface has not occurred at the Property showings, so this new model remains untested.

Click here to read the GoldON Resources Ltd. (TSXV:GLD) press release

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