# ONGold Returns 14.59 g/t Au over 9.6 m \(core length\) From Re-logging Program at Monument Bay Gold-Tungsten Project and Awards Contract to Prepare Updated NI 43-101 Mineral Resource Estimate

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ongold-returns-14-59-g-t-au-over-9-6-m-core-length-from-re-logging-program-at-mo--039236c6-50db-4d87-a5ff-ed85ed49a1cb

Original source: https://finance.yahoo.com/news/ongold-returns-14-59-g-123000689.html

Publisher: yahoo\_press

Original announcement: 2026-01-26T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: ONGold Resources Ltd.

- Ticker: ONAU

- Exchange: TSXV

- Region: Manitoba

- Primary commodity: Gold

- Secondary commodities: Tungsten

- Document categories: Resource update, Agreement transaction

- Extracted: 2026-08-21 02:50:32 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

ONGold Resources Ltd. has awarded a contract to SRK Consulting \(Canada\) Inc. to prepare an updated NI 43-101 compliant mineral resource estimate for the Monument Bay gold-tungsten project in Manitoba. The announcement also highlights high-grade gold results from a re-logging program.

Reasoning: The company has engaged a reputable consultant \(SRK\) to update its resource estimate, which is a key de-risking milestone for project advancement.

- Positive factor: Contract awarded for updated MRE

- Positive factor: Compliance with NI 43-101

Facts used in scoring: 0

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The company is preparing an updated mineral resource estimate for gold and tungsten.

Evidence · text

> awarded the contract to prepare an updated mineral resource estimate for gold and tungsten

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The update will be prepared in accordance with NI 43-101 standards.

Evidence · text

> in accordance with National Instrument 43-101

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.