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Gold Finder Resources Ltd Stock Price, News & Analysis

NCMBF OTC

Welcome to our dedicated page for Gold Finder Resources news (Ticker: NCMBF), a resource for investors and traders seeking the latest updates and insights on Gold Finder Resources stock.

GoldON Resources Ltd. (NCMBF) is a discovery-stage mineral exploration company focused on high-potential gold properties in Ontario's renowned Red Lake Gold District. This dedicated news hub provides investors, analysts, and industry stakeholders with timely updates on drilling programs, geophysical surveys, and corporate developments.

Access official press releases covering exploration milestones, technical report summaries, and strategic partnership announcements. Our curated collection ensures you stay informed about key activities including systematic drilling campaigns, property acquisitions, and mineral resource evaluations.

Discover updates on GoldON's flagship West Madsen Gold Property, including detailed analyses of structural trends and mineralization patterns. The company's commitment to methodical exploration and data-driven decision-making is reflected in comprehensive updates on core sampling results and geological mapping initiatives.

Bookmark this page for direct access to essential updates about NCMBF's exploration progress. Check regularly for new developments in one of Canada's most prospective gold districts, where technical expertise meets strategic mineral targeting.

Rhea-AI Summary

GoldON Resources (TSXV: GLD) has deployed a field crew from Emerald Geological Services for prospecting and drill hole orientation at its West Madsen gold property in Red Lake, Ontario. The property, spanning 5,988 hectares, borders the Madsen gold mine and mill complex owned by West Red Lake Gold Mines.

The fieldwork includes detailed geological mapping to test structural features identified by an airborne geophysical survey conducted in 2017 by Great Bear Resources. The focus area is adjacent to drill hole WM-21-22, which in 2021 intersected a broadly mineralized granodiorite unit, yielding 194.9 meters of 0.158 grams per tonne gold.

The geological mapping aims to determine the optimal drilling orientation and assess the suitability of potential drill collar locations. The technical details of this initiative have been reviewed and approved by Mike Kilbourne, P.Geo., a qualified person under NI 43-101 standards.

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GoldON Resources (TSXV: GLD) has appointed Andrea Diakow, P.Geo., as the technical advisor for its West Madsen Gold Project in Red Lake, Ontario. Andrea brings over 15 years of mineral exploration experience, including significant contributions to the Dixie Project's success. Her role will focus on exploration studies and target development. The West Madsen project is strategically located 5 km from the Madsen gold mine and mill complex, owned by West Red Lake Gold Mines. Andrea's expertise is expected to enhance the project's exploration potential and development strategy.

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GoldON Resources reported engaging Orix Geoscience for data compilation and interpretation to prepare for drilling at its West Madsen gold property in Red Lake, Ontario. The property, covering 5,988 hectares, includes two claim blocks, with current efforts focused on Block A, proximal to the Madsen mine. The objective is to explore the gold mineralization potential within felsic rocks of the Confederation Assemblage, inspired by Great Bear Resources' findings at the Dixie property. Orix will conduct GIS data compilation and review geophysical interpretations to identify targets for the next drilling phase.

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GoldON Resources (TSXV: GLD) has successfully completed a non-brokered private placement financing, raising $400,000 through the issuance of 8,000,000 non-flow-through units priced at $0.05 each. Each unit includes one common share and one share purchase warrant, allowing the holder to buy an additional share at $0.10 within two years. The funds will be used for the West Madsen Gold Property and general working capital needs.

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FAQ

What is the current stock price of Gold Finder Resources (NCMBF)?

The current stock price of Gold Finder Resources (NCMBF) is $0.05 as of May 2, 2025.

What is the market cap of Gold Finder Resources (NCMBF)?

The market cap of Gold Finder Resources (NCMBF) is approximately 1.5M.
Gold Finder Resources Ltd

OTC:NCMBF

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1.55M
47.63M
7.69%
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