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GoldON Resources Acquires Past Producer - Shares Jump 25%
10:42 AM EST, 03/09/2016 (MT Newswires) -- GoldON Resources Ltd. (GLD.V) shares have jumped 25% on the news that the company acquired five unpatented mining claims near Pickle Lake, Ontario, Canada.
These claims, which were acquired by staking and are held 100% by GoldON Resources and adjoin the Pickle Crow Gold Project now held by First Mining Finance Corp. since it acquired PC Gold Inc. last November. The Pickle Crow Project is host to a National Instrument (NI) 43-101 compliant inferred resource of 1.3 million ounces of gold
GoldON's shares were last up 25% at $0.100 apiece.