ONGold Affirms TPK Drill Program Readiness & Reports Exploration Grab Assays up to 17.96 g/t Au Resulting from the 2026 Phase 1 Field Program

NewsfileAug 24, 2026 · 12 days agoONAU

Analyst Takeaways

Grab assays up to 17.96 g/t Au represent high-grade gold results that validate the exploration potential of the TPK Project.
The 2026 Phase 1 program successfully completed helicopter-supported mapping, soil sampling, and geophysical surveying across multiple target areas including Gold Ridge, Big Dam, and Bosworth.
Completion of Phase 1 exploration work positions ONGold to execute the planned TPK drill program, a key milestone for advancing project development.
Multi-disciplinary exploration approach combining geological mapping, soil sampling, and ground geophysics increases confidence in target quality ahead of drilling.

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Toronto, Ontario--(Newsfile Corp. - August 24, 2026) - ONGold Resources Ltd. (TSXV: ONAU) (OTCQB: ONGRF) (the "Company" or "ONGold") is pleased to report results from its 2026 Phase 1 field exploration program, which consisted of helicopter-supported geological mapping and prospecting, orientation soil sampling at Gold Ridge, Big Dam and Bosworth, and ground geophysical surveying over the Discovery and Discovery West areas at Gold Ridge on the Ti-pi-ha-kaa-ning project (the "TPK Project"). The...

Frequently Asked Questions

What is the significance of the 17.96 g/t Au grab assay result?+

At 17.96 g/t Au, this result is considered high-grade gold and indicates strong mineralization potential in sampled areas of the TPK Project. Grab samples represent point locations and do not define grades over mineable widths, but support further drilling focus.

What work was completed in the 2026 Phase 1 program?+

Phase 1 included helicopter-supported geological mapping and prospecting, orientation soil sampling at Gold Ridge, Big Dam and Bosworth, and ground geophysical surveying over the Discovery and Discovery West areas.

What is the next step for ONGold at the TPK Project?+

The company has affirmed readiness to execute the planned TPK drill program, which will test targets defined by the Phase 1 exploration work.

Why is the combination of mapping, soil sampling, and geophysics important?+

This multi-disciplinary approach provides complementary geological and geochemical data to prioritize drill targets and refine exploration focus, reducing drilling risk and improving efficiency.

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ONGold Affirms TPK Drill Program Readiness & Reports Exploration Grab Assays up to 17.96 g/t Au Resulting from the 2026 Phase 1 Field Program

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