What ONGold Resources does

ONGold Resources Ltd. is a Canadian junior mineral exploration company publicly listed on the TSX Venture Exchange (ticker ONAU) and OTCQB (ONGRF), headquartered in Toronto with operations focused exclusively on Ontario and Manitoba. The company holds five district-scale exploration properties — TPK in northwestern Ontario, Monument Bay and Domain in northeastern Manitoba, October Gold in the Southern Swayze Belt near Timmins, and Rapson Bay in northwestern Ontario — collectively covering approximately 749 km2. ONGold's flagship TPK asset hosts what is described as the largest gold-in-till anomaly in North America (6km x 11km), while Monument Bay carries a historical resource of 2.3 million ounces of gold (Measured+Indicated) and 720,000 ounces (Inferred) plus tungsten as a critical mineral co-product.

The company's core technology is geological: diamond drilling, geophysical surveys (electromagnetic, gravity, induced polarization), geological mapping, soil sampling, and systematic core re-logging programs. It operates with a lean team (1-10 employees) anchored by an experienced senior leadership including CEO Kyle Stanfield, VP Exploration Paul Dunbar (former Director of Exploration at Argonaut Gold), and a board featuring alumni of Barrick Gold, K92 Mining, Macquarie, Cormark, Brookfield Renewable, and Glencore. Third-party laboratories Activation Laboratories and AGAT Laboratories support QA/QC-compliant assaying, and SRK Consulting has been engaged to deliver a current NI 43-101 resource estimate at Monument Bay.

ONGold is pre-revenue and generates no commercial sales; it is funded by successive equity raises, including a CAD $7.7M bought-deal private placement in October 2025 and a USD $3.25M non-brokered placement in March 2026, both directed toward exploration expenditures on Manitoba and Ontario properties. The go-to-market model is asset-development oriented — the company acquires and advances mineral claims, secures Indigenous and regulatory partnerships (including an MOU with Chapleau Cree First Nation), executes drilling campaigns, and intends to realize shareholder value through eventual mineral production, asset sale, joint venture, or strategic transaction once a NI 43-101 resource is defined.

Name

ONGold Resources

Legal name

Northern Superior Resources Inc.

Website

https://ongoldresources.com

Company type

Public

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

ONGold Resources Ltd. is a pre-revenue Canadian junior gold and tungsten explorer with five district-scale properties across Ontario and Manitoba, anchored by the TPK gold-in-till anomaly and the historical Monument Bay resource, advancing assets through drilling and NI 43-101 definition.

Ownership category

akta.pro rank

Product category

Mineral Exploration and Resource Development

NAICS

Gold Ore and Silver Ore Mining (21222), Support Activities for Metal Mining (213114), Support Activities for Mining (2131)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industries

Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA), Environmental, Permitting & Closure Services (EIA, Compliance Monitoring, Reclamation Execution) (IMAKAKAJ)

Keywords

• Gold exploration
• Mineral exploration
• Tungsten exploration
• Junior mining
• District-scale exploration

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Mineral Exploration and Development: Pre-revenue exploration stage company. Revenue generation will come from mineral production, sale of mineral assets, or strategic partnerships/acquisitions once resources are defined.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

ONGold Resources is a pre-revenue gold and critical minerals (tungsten) exploration company focused on district-scale opportunities in Northern Ontario and Manitoba, Canada. The company advances a portfolio of exploration properties including TPK, Monument Bay, October Gold, Rapson Bay, and Domain through diamond drilling, geological mapping, geophysical surveys, and soil sampling programs aimed at resource definition and future mine development.

Product overview

ONGold Resources Ltd. is a gold exploration company that owns significant exploration assets in Northern Ontario and Northern Manitoba, Canada. The company focuses on district-scale exploration opportunities including the Monument Bay Gold and Tungsten Project, TPK Gold Project, Domain Gold Project, October Gold Project, and Rapson Bay Project. ONGold does not appear to offer a traditional product or service in the software/technology sense - it is a mining and mineral exploration company.

Differentiator

Problem solved

Functional benefit

Products and services

• TPK Gold Project

Quantifiable outcome

• 2.3M oz Au (Measured+Indicated) and 720K oz Au (Inferred) historical resource at Monument Bay
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• SRK Consulting (Canada) Inc.coreImplementation/ SI/ Consulting Partner · 26 January 2026SRK Consulting was awarded the contract to prepare an updated NI 43-101 compliant mineral resource estimate for the Monument Bay gold and tungsten project, including tungsten assessment as a critical mineral.
• Chapleau Cree First NationcoreStrategic or Co-development Partner · 24 November 2025ONGold entered into a Memorandum of Understanding with Chapleau Cree First Nation regarding exploration activities at the October Gold property. The MOU includes issuance of 50,000 common shares and warrants over one year, with provisions for negotiation of an Impact Benefit Agreement (IBA) for future exploration activities.
• Chapleau Cree First Nation (via MOU)coreStrategic or Co-development PartnerONGold values constructive relationships with local Indigenous communities supporting exploration at TPK. The company received diamond drilling permits following continued collaboration with local Indigenous communities and remains committed to responsible and respectful development.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Radisson Mining Resources: Canadian junior gold explorer in Quebec with a board overlap (ONGold director Michael Gentile is a Radisson board member). Highly comparable: pre-revenue, district-scale gold exploration, listed on TSX-V.
• Roscan Gold Corporation: West African-focused junior gold explorer where ONGold director Michael Gentile also serves on the board. Comparable as a publicly listed junior gold exploration company at a similar stage of development.
• Treasury Metals: Canadian junior gold developer advancing a single district-scale asset (Goliath Gold Complex) in Ontario. Directly comparable as a pre-production Ontario-focused gold company at the exploration/development transition.
• Wesdome Gold Mines: Canadian-focused gold producer with operations in Ontario (Eagle River) and Quebec (Kiena). Comparable as a mid-cap, single-jurisdiction Canadian gold company that progressed from junior to producer.

Emerging players

• K92 Mining: TSX-listed gold producer with strong Canadian capital markets presence; ONGold director David Medilek is K92's President and COO. Highly relevant comparable as a junior-to-mid-tier gold company that successfully advanced to production.

Broad incumbents

• Argonaut Gold: Mid-tier gold producer whose Magino mine in Ontario was advanced by ONGold's CEO (Stanfield) and VP Exploration (Dunbar). Comparable as a North American gold developer with overlapping technical leadership pedigree.
• IAMGOLD Corporation: Mid-tier gold producer with significant Ontario operations (Côté Lake) and historical work in the same regional geological settings. Relevant as a regional incumbent whose exploration and development pathway informs ONGold's potential trajectory.
• New Gold Inc. Intermediate gold producer with Canadian operations including Rainy River (permitted by ONGold's CEO Stanfield). Provides a relevant comparable for project scale and development profile in the Canadian gold sector.
• Agnico Eagle Mines: Senior Canadian gold producer that divested the Monument Bay and Domain projects to ONGold for $250K plus shares. Highly relevant comparable as both the upstream acquirer of the assets and a benchmark for valuation of district-scale Canadian gold resources.

Others

• Lakeshore Gold: Historical intermediate gold producer (acquired by Tahoe Resources); ONGold director David Beilhart was VP Exploration at Lakeshore Gold. Relevant for technical-team pedigree and the Ontario gold development pathway.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ONGold Resources