Northwire Canada EditionThursday, November 12, 2026
Northwire
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Gold 3,876.10 −3.1% Silver 49.92 −4.0% Copper 6.20 −1.4% Oil 87.34 +0.9% Palladium 996.75 −4.7% PRU 6.08 −3.5% NGEX 21.10 −4.8% TWO 0.370 +0.0% BIG 0.960 +1.1% VCG 1.10 +0.0% SCD 0.145 +0.0% GAL 0.375 +0.7% SAG 0.640 −3.0% VIZ 0.195 +0.0% SAGA 0.375 −6.2% ZEN 0.530 −3.6% TDG 0.490 +0.0% GDP 0.230 +0.0% PDN 8.41 +0.0% FL 0.350 −2.8% RIO 2.61 −2.2% Gold 3,876.10 −3.1% Silver 49.92 −4.0% Copper 6.20 −1.4% Oil 87.34 +0.9% Palladium 996.75 −4.7% PRU 6.08 −3.5% NGEX 21.10 −4.8% TWO 0.370 +0.0% BIG 0.960 +1.1% VCG 1.10 +0.0% SCD 0.145 +0.0% GAL 0.375 +0.7% SAG 0.640 −3.0% VIZ 0.195 +0.0% SAGA 0.375 −6.2% ZEN 0.530 −3.6% TDG 0.490 +0.0% GDP 0.230 +0.0% PDN 8.41 +0.0% FL 0.350 −2.8% RIO 2.61 −2.2%
Drill Results

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

High-Grade Massive Sulphide Discovery at TPK Diversifies Gold Story as ONGold Transitions to District-Scale Developer

Executive Summary

The news release dated January 19, 2026, announces final results from the 2025 diamond drilling program at the Ti-pi-ha-kaa-ning (TPK) project in Northern Ontario. The program comprised 9 holes totaling 2,169 metres. Key highlights include the identification of a new massive sulphide zone at the "West Discovery" area. Hole GR-25-012 intercepted 11.10% Cu, 218 g/t Ag, and 4.45 g/t Au over a narrow 0.4-metre interval within a broader mineralized envelope. Other results include 19.39 g/t Au over 8.2m (previously reported) at the "Discovery Zone." The program successfully extended known mineralization 1.0 km to the north and identified a 1,500m prospective gap between the West Discovery and Discovery zones.

Material Impact
  • Diversification of Mineralization: The discovery of high-grade copper and silver (massive sulphides) adds a significant base metal component to a project previously viewed primarily as a gold target. This increases the potential economic attractiveness of TPK.
  • Validation of Target Model: The results confirm that the Gold Ridge area is likely the source of the Keeley Lake gold grains-in-till dispersal train, a major historical geological anomaly in the region.
  • Scale and Scope: Expanding the mineralized footprint by 1.0 km north and identifying a 1.5 km gap between zones suggests a much larger system than previously mapped.
  • Cautionary Note on Width: While the grades are exceptional (11.1% Cu), the width is extremely narrow at 0.4 metres. In mining, narrow-vein high-grade intercepts require significant continuity to be economically viable.
  • Operational Momentum: The company is moving toward a "wider drilling program for 2026," indicating a shift from proof-of-concept to resource definition.
ONAU · Price
Company Overview

ONGold Resources Ltd. is a Canadian explorer focused on district-scale gold and multi-commodity projects in Ontario and Manitoba. - TPK Project (Flagship): Located in Northern Ontario, it features one of the largest gold-in-till anomalies in North America. Recent drilling has identified high-grade gold and copper-silver massive sulphides. - Monument Bay (Major Asset): Acquired from Agnico Eagle in late 2024. It hosts a large historical resource of 2.3M oz Indicated and 0.72M oz Inferred gold. The company is actively working to add "overlooked" tungsten value to this project. - October Gold: A JV project where Evolution Mining can earn 75% by spending $7M.

Read the original news release →

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