Mr. Mike Romanik reports

GOLDON RECEIVES ASSAY RESULTS FROM MCDONOUGH DRILL PROGRAM

GoldON Resources Ltd. has received final assay results from the initial drilling program on its 100-per-cent-owned McDonough property located approximately 15 kilometres north of the town of Red Lake, Ont. A total of 1,138 metres of drilling were completed over eight holes that targeted induced polarization (IP) chargeability anomalies, including some that had coincident A-horizon gold-in-soil anomalies. The results of the drilling were disappointing, with no significant assays returned.

Drilling confirmed the ground IP geophysical survey, which identified several chargeability anomalies and was successful in locating sulphides (pyrite) in intermediate volcanic and metasedimentary rocks. Pyrite occurred as disseminations and blebs within the groundmass in the intermediate volcanic rocks or replacing magnetite in the metasediment host rocks. Drilling did not explain the A-horizon gold-in-soil anomalies.

"The setting was ideal with coincident geophysical and geochemical anomalies proximal to a regional unconformity where several mines of the Red Lake gold camp are situated. Unfortunately, our first drilling program did not unlock this part of the camp's secrets," said Mike Romanik, president of GoldON.

Mike Kilbourne, PGeo, an independent qualified person as defined in National Instrument 43-101, has reviewed and approved the technical contents of this news release on behalf of the company.

About GoldON Resources Ltd.

GoldON is an exploration company focused on discovery-stage properties located in the prolific greenstone belts of Northwestern Ontario, Canada. Its current project portfolio includes six properties in the Red Lake mining district (McDonough, Springpole East, Pipestone Bay, Pakwash North, McInnes Lake and West Madsen) and a seventh property in the Patricia mining district (Slate Falls).

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