ONGold updates Monument Bay gold resource estimate to 2 million oz measured and indicated gold

Reuters2026/09/14 11:33

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ONGold reported a July 31, 2026 mineral resource update for the Monument Bay gold project in Manitoba.
Measured and indicated resources: 74,390,000 tonnes at 0.84 g/t gold, totaling 2,009,000 ounces within a conceptual open-pit shell.
Inferred resources: 24,456,000 tonnes at 0.62 g/t gold, totaling 491,000 ounces.
Resource constrained above a 0.20 g/t cut-off, using a US$ 3,000 gold price assumption with 88.5%-94.5% recovery.
SRK proposed a Phase I program of about 20 diamond holes totaling 11,150 meters to test higher-grade zones beyond the pit shell.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ONGold Resources Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609140730NEWSFILECNPR____20260914_313830_1) on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ONGold updates Monument Bay gold resource estimate to 2 million oz measured and indicated gold

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