# GoldON Reports Drill Results from Its West Madsen Gold Project in Ontario's Red Lake Camp Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b Original source: https://money.tmx.com/en/quote/GLD/news/6686619446990377/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red- Publisher: tmx Original announcement: 2024-11-07T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: GoldON Resources Ltd. - Ticker: GLD - Exchange: TSX - Region: Ontario - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Drill results - Extracted: 2026-09-14 03:32:33 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary GoldON Resources has released drill results from its West Madsen gold project in Ontario, demonstrating an anomalous gold zone extending over 1.4 km in strike length. Notable intercepts include 2.04 g/t gold in metasediments and copper mineralization in ultramafic flows. Reasoning: The program successfully extended the known gold footprint and identified new mineralization in metasediments and copper in ultramafics, though specific geological controls remain to be determined. - Positive factor: extension of anomalous gold zone to 1.4 km strike - Positive factor: high-grade gold in metasediments - Positive factor: copper mineralization in ultramafic flows - Negative factor: gold modality \(vein vs wall rock\) unclear - Negative factor: drill hole WM-24-02 failed to intersect expected stratigraphy Facts used in scoring: 11 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The program tested the strike extents of the mineralized granodiorite to the east and west of WM-21-22, resulting in an anomalous gold zone with a 1.4 km strike length. Evidence · text > demonstrate an anomalous gold zone which now encompasses a total strike length of over 1.4 kilometres. **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release details the use of blanks, standards, and certified laboratories \(ALS and Photon Assay\). Evidence · text > Blank and standard certified reference material were inserted into the sample sequence at a rate of 4% each. ## Extracted facts Stored fact records: 11. Some facts used in scoring do not have a stored record. ## Drill Results (11) ### WM-24-01 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-0) West Madsen · gold #### Identity - Hole ID: WM-24-01 - Project: West Madsen - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 0.2 - Grade Unit: g/t - Intercept: 11.43 m - From: 136.17 m - To: 147.6 m - Hole Depth: 396 m - Intercept Depth: 136.17 m #### Classification - Sample Type: drill - Group ID: WM-24-01:136.17-147.6 - Mining Method: unknown #### Location - Easting: 429921 - Northing: 5643737 - CRS: NAD83 datum Zone 15 - Elevation: 421 m - Azimuth: 160 ° - Dip: -45 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: Low-grade intercept in granodiorite. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WM-24-04 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-1) West Madsen · copper #### Identity - Hole ID: WM-24-04 - Project: West Madsen - Commodity: copper - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 0.2 - Grade Unit: % - Intercept: 13.51 m - From: 216.95 m - To: 230.46 m - Hole Depth: 282 m - Intercept Depth: 216.95 m #### Classification - Sample Type: drill - Group ID: WM-24-04:216.95-230.46 - Mining Method: unknown #### Location - Easting: 431176 - Northing: 5643666 - CRS: NAD83 datum Zone 15 - Elevation: 427 m - Azimuth: 185 ° - Dip: -45 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: Low-grade copper intercept in ultramafic unit. - Positive factor: presence of copper in ultramafic flows #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WM-24-04 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-2) West Madsen · gold #### Identity - Hole ID: WM-24-04 - Project: West Madsen - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 0.419 - Grade Unit: g/t - Intercept: 1 m - From: 225 m - To: 226 m - Hole Depth: 282 m - Intercept Depth: 225 m #### Classification - Sample Type: drill - Group ID: WM-24-04:225-226 - Mining Method: unknown #### Location - Easting: 431176 - Northing: 5643666 - CRS: NAD83 datum Zone 15 - Elevation: 427 m - Azimuth: 185 ° - Dip: -45 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: Narrow high-grade gold sub-interval. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WM-24-04 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-3) West Madsen · copper #### Identity - Hole ID: WM-24-04 - Project: West Madsen - Commodity: copper - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 0.94 - Grade Unit: % - Intercept: 1 m - From: 225 m - To: 226 m - Hole Depth: 282 m - Intercept Depth: 225 m #### Classification - Sample Type: drill - Group ID: WM-24-04:225-226 - Mining Method: unknown #### Location - Easting: 431176 - Northing: 5643666 - CRS: NAD83 datum Zone 15 - Elevation: 427 m - Azimuth: 185 ° - Dip: -45 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: High-grade copper sub-interval. - Positive factor: high-grade copper sub-interval #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WM-24-04 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-4) West Madsen · gold #### Identity - Hole ID: WM-24-04 - Project: West Madsen - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 0.69 - Grade Unit: g/t - Intercept: 0.37 m - From: 225.63 m - To: 226 m - Hole Depth: 282 m - Intercept Depth: 225.63 m #### Classification - Sample Type: drill - Group ID: WM-24-04:225.63-226 - Mining Method: unknown #### Location - Easting: 431176 - Northing: 5643666 - CRS: NAD83 datum Zone 15 - Elevation: 427 m - Azimuth: 185 ° - Dip: -45 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: Very narrow high-grade gold sub-interval. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WM-24-04 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-5) West Madsen · copper #### Identity - Hole ID: WM-24-04 - Project: West Madsen - Commodity: copper - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 1.93 - Grade Unit: % - Intercept: 0.37 m - From: 225.63 m - To: 226 m - Hole Depth: 282 m - Intercept Depth: 225.63 m #### Classification - Sample Type: drill - Group ID: WM-24-04:225.63-226 - Mining Method: unknown #### Location - Easting: 431176 - Northing: 5643666 - CRS: NAD83 datum Zone 15 - Elevation: 427 m - Azimuth: 185 ° - Dip: -45 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: High-grade copper sub-interval. - Positive factor: high-grade copper sub-interval #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WM-24-05 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-6) West Madsen · gold #### Identity - Hole ID: WM-24-05 - Project: West Madsen - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 0.25 - Grade Unit: g/t - Intercept: 12 m - From: 33 m - To: 45 m - Hole Depth: 407 m - Intercept Depth: 33 m #### Classification - Sample Type: drill - Group ID: WM-24-05:33-45 - Mining Method: unknown #### Location - Easting: 429787 - Northing: 5643486 - CRS: NAD83 datum Zone 15 - Elevation: 421 m - Azimuth: 340 ° - Dip: -60 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: Low-grade intercept in granodiorite. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WM-24-05 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-7) West Madsen · gold #### Identity - Hole ID: WM-24-05 - Project: West Madsen - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 0.278 - Grade Unit: g/t - Intercept: 15 m - From: 123 m - To: 138 m - Hole Depth: 407 m - Intercept Depth: 123 m #### Classification - Sample Type: drill - Group ID: WM-24-05:123-138 - Mining Method: unknown #### Location - Easting: 429787 - Northing: 5643486 - CRS: NAD83 datum Zone 15 - Elevation: 421 m - Azimuth: 340 ° - Dip: -60 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: Low-grade intercept in granodiorite. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WM-24-05 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-8) West Madsen · gold #### Identity - Hole ID: WM-24-05 - Project: West Madsen - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 0.539 - Grade Unit: g/t - Intercept: 20.44 m - From: 265 m - To: 285.44 m - Hole Depth: 407 m - Intercept Depth: 265 m #### Classification - Sample Type: drill - Group ID: WM-24-05:265-285.44 - Mining Method: unknown #### Location - Easting: 429787 - Northing: 5643486 - CRS: NAD83 datum Zone 15 - Elevation: 421 m - Azimuth: 340 ° - Dip: -60 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: Moderate grade intercept in metasediments. - Positive factor: extension into metasediments #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WM-24-05 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-9) West Madsen · gold #### Identity - Hole ID: WM-24-05 - Project: West Madsen - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 0.853 - Grade Unit: g/t - Intercept: 9.44 m - From: 276 m - To: 285.44 m - Hole Depth: 407 m - Intercept Depth: 276 m #### Classification - Sample Type: drill - Group ID: WM-24-05:276-285.44 - Mining Method: unknown #### Location - Easting: 429787 - Northing: 5643486 - CRS: NAD83 datum Zone 15 - Elevation: 421 m - Azimuth: 340 ° - Dip: -60 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: Stronger grade intercept in metasediments. - Positive factor: high-grade gold in metasediments #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WM-24-05 [Link to this fact](https://atlas-extractions.minestarters.com/news/goldon-reports-drill-results-from-its-west-madsen-gold-project-in-ontario-s-red--8346063f-041f-484d-9f37-6c130bb3887b#fact-drill-facts-10) West Madsen · gold #### Identity - Hole ID: WM-24-05 - Project: West Madsen - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: GLD #### Geometry - Grade: 2.04 - Grade Unit: g/t - Intercept: 2 m - From: 282 m - To: 284 m - Hole Depth: 407 m - Intercept Depth: 282 m #### Classification - Sample Type: drill - Group ID: WM-24-05:282-284 - Mining Method: unknown #### Location - Easting: 429787 - Northing: 5643486 - CRS: NAD83 datum Zone 15 - Elevation: 421 m - Azimuth: 340 ° - Dip: -60 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: ALS Minerals and Photon Assay - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-07T00:00:00.000Z Reasoning: High-grade gold sub-interval in metasediments. - Positive factor: high-grade gold sub-interval #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.