ONGold announces major project update and exploration plans for Manitoba gold project

On April 30, 2025, Northern Superior Resources Inc. announced updates regarding ONGold Resources Ltd. and its Monument Bay Gold project located in Manitoba, Canada. Mr. Dunbar has been appointed to lead exploration activities aimed at enhancing the geological understanding of the gold and tungsten deposits at the site. An exploration program is being initiated which includes a fixed-wing lidar and orthophoto survey to assist with discovering new target areas for future drilling efforts. Currently, the Monument Bay Gold project does not have any mineral reserves established, and historical data regarding its mineral resources lacks verification by a qualified person. The company is undertaking a detailed resource review in hopes of expanding the existing resource and exploring further opportunities within the region. Investors have been cautioned regarding the historical estimates, which do not comply with current regulations, and any decisions based on this data should be avoided. ONGold, which owns a substantial stake of the Monument Bay project, also has interests in other mines in Northern Ontario including the TPK, Domain, and October Gold projects. The company’s strategy appears to focus on enhancing its exploration assets, possibly in response to growing global demand and prices for gold and commodities. This update comes in tandem with Northern Superior’s substantial stake in ONGold, giving them significant influence over the project’s developments. Overall, the announcement marks a significant step for ONGold in terms of exploration and development at the Monument Bay site, reflecting their commitment to enhancing value through potential resource expansions and modernized exploration techniques. As exploration activities ramp up, the future progress and findings at Monument Bay will be closely monitored by the market and stakeholders.