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ONGold updates Monument Bay gold resource to 2M oz Measured and Indicated, plans further drilling in 2027

Company Fundamentals
14 Sep 2026
Newsfile Corp
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Bullish
ONGold updates Monument Bay gold resource to 2M oz Measured and Indicated, plans further drilling in 2027

ONGold Resources announced an updated Mineral Resource Estimate for its Monument Bay Gold Project in Manitoba, reporting 2 million ounces of gold classified as Measured and Indicated within an open-pit constrained resource. The estimate, effective July 31, 2026, also includes 0.49 million ounces in the Inferred category and is based on extensive geological modeling and 833 historical drill holes. The company plans a Phase I drilling program of about 11,150 meters to test higher-grade gold zones, particularly in the eastern deposit area, and is exploring tungsten as an additional critical mineral opportunity. This update marks a key milestone for ONGold as it advances the project with strong local and governmental support into 2027 and beyond.

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