January 19, 2026 7:30 AM EST | Source: ON
Gold Resources Ltd.\n\nToronto, Ontario--(Newsfile Corp. - January 19, 2026) - ONGold Resources Ltd. (TSXV: ONAU) (OTCQB: ONGRF) (the "Company" or "ONGold") is pleased to announce the final results from its recently completed nine hole 2,169m diamond drilling program in the Gold Ridge area of the Ti-pi-ha-kaa-ning ("TPK") project located in Northern Ontario. TPK claims are located on the regional communities' winter road network connecting directly to the Musselwhite Gold Mine access road north of Pickle Lake (Figure 1). All assays have now been received from the Fall 2025 drill program with the following new copper (Cu) and silver (Ag) and gold (Au) results highlighted below (see Table 1 and Table 2 for Drill Hole Specifics).\n\nWest Discovery Copper-Silver-Gold Zone\n\n- GR-25-012: 3.06% Cu, 60.3 g/t Ag and 1.5 g/t Au over a core length of 1.5 m (318.5 to 320.0 m) including 11.1% Cu, 218 g/t Ag and 4.45 g/t Au over 0.40 m (319.2 to 319.6 m) in an east trending shear zone.\n- GR-25-013: 2.95% Cu, 42.4 g/t Ag and 1.79 g/t Au over a core length of 0.3 m (157.8 to 158.1m).\n- GR-25-013: 0.96% Cu, 20.6 g/t Ag and 0.97 g/t Au over 0.4 m (294.6 to 295.0m) that aligns on strike 110 m east of the high-grade copper zone intersected in hole GR-25-012 (see Figure 2).\n\nDiscovery Zone\n\n- GR-25-011: Previously reported intercept of 19.39 g/t Au and 1.0 g/t Ag over a core length of 8.2 m (11.8 to 20.0 m), including 308 g/t Au and 14.6 g/t Ag over 0.3 m (11.8 m to 12.1 m) (see Press Release dated November 4, 2025).\n\nKey Highlights:\n- Drilling confirms a pervasively mineralized and structurally complex system in the Gold Ridge area.\n- Drilling returned high-grade gold, copper, and silver intersections.\n- Drill holes GR-25-014 and GR-25-015 extended known gold mineralization 1.0 km north of the Discovery Zone, part of a 1,400 m long X 400 m wide interpreted structural corridor.\n- Drill hole GR-25-012 identified a massive sulphide zone at a vertical depth of only 225 m from surface in the West Discovery Zone with significant copper and silver results.\n- Significant potential for further discovery exists across the ~1,500-metre gap between the West Discovery Zone and the Discovery Zone, an area with no previous drilling.\n- The results of this program in conjunction with previous exploration results are interpreted to indicate the presence of a large, intrusive-hosted, orogenic copper-gold system.\n\nKyle Stanfield, CEO and a director of ONGold, commented: \"The identification of a massive sulphide zone in the Gold Ridge - West Discovery area containing high grade copper and silver substantially adds to the previously announced high grade gold Gold Ridge Discovery Zone results. With just a few drill holes in these areas, we have now positively identified high grade gold and high-grade copper-silver-gold mineralization near the head of the Keeley Lake gold grains dispersal train. We are excited to now move forward with a detailed geological compilation as we look to permit a wider drilling program for 2026.\"\n\nQA/QC and Assay Procedures\n\nQuality Assurance/ Quality Control ("QA/QC") procedures were executed to ensure all work is conducted in accordance with best practices. Drill core was cut in half with one half of the core prepared for shipment and the other half retained for future verification. Samples were placed into security-sealed bags for shipment. Drill core is BQTK size and sample intervals range from 0.3 metres to 1.5 metres in length. Commercially prepared certified reference material standards and blanks were inserted at a rate of 1 QA/QC sample in every 10 core samples.\n\nSamples were analyzed at Activation Laboratories facility in Thunder Bay, Ontario and Ancaster, Ontario which are ISO 17025 and ISO 9001 certified. Samples were initially analyzed by 50-gram fire assay with atomic absorption finish. Any sample assaying greater than 5 g/t Au was re-assayed by fire assay gravimetric analysis. Selected samples have been analyzed by screened metallics method.\n\nGeochemical analyses were performed by Activation Laboratories and consists of aqua regia digestion and analyses for 38 elements by ICP. Overlimit samples are re-assayed for silver and copper by Aqua Regia digestion using Inductively Coupled Plasma Optical Emission Spectroscopy ("ICP-OES"), Actlabs code "8 - AR - ICP-OES". A 0.5g sample is digested in aqua regia and diluted volumetrically to 250 ml with 18 megaohm water. Certified reference materials for the appropriate elements are digested the same way and are used as a verification standard(s). Samples are analyzed on an ICP-OES.\n\nAbout ONGold Resources Ltd.\n\nONGold Resources Ltd. owns significant exploration assets in Northern Ontario and Northern Manitoba, including the district-scale Monument Bay Gold and Tungsten Project, TPK Project, Domain Gold Project and October Gold Project. These projects represent a strategic footprint in one of Canada's most prolific gold-producing regions.\n\nWith its extensive technical expertise, strong commitment to social acceptability, mindful Indigenous engagement and partnerships, in addition to a proven track record of responsible exploration, ONGold's team is uniquely positioned to unlock the full potential of its portfolio of projects.\n\nONGold Resources Ltd. on behalf of the Board of Directors,\n\nKyle Stanfield, Chief Executive Officer & Director\n\nContact Information\nKyle Stanfield\nChief Executive Officer\nTelephone: 1-705-561-1211\nEmail: info@ongoldresources.com\n\nSource: ONGold Resources Ltd.
