OnGold Names John Kim Bell as Chairman

TORONTO, ON / ACCESSWIRE / May 8, 2024 / ONGold Resources Ltd. ("ONGold" or the "Company") (TSXV:ONAU) is pleased to announce the appointment of John Kim Bell as Chairman of its board of directors, effective immediately, subject to TSX Venture Exchange approval. Mr. Bell is one of the most decorated Indigenous leaders in Canada and an internationally recognized cultural leader and activist in First Nation resource development and environmental matters. His impressive career, spanning across arts, philanthropy, and the corporate world, has led him toward numerous energy and mining development projects, where he represented both First Nations and corporations alike. Notably, he was the leader of Indigenous Affairs for Brookfield Renewable Energy, Glencore, Hatch, and seated on several high-profile boards, including the Canadian Broadcasting Corporation ("CBC").

Similar to the recent appointment of Kyle Stanfield, a seasoned sustainability expert, as Chief Executive Officer, the addition of Mr. Bell to the board of directors of ONGold as Chairman further demonstrates the Company's commitment to a new and more inclusive approach to mineral exploration and development. This commitment to a progressive approach positions the Company to capitalize on the boundless opportunities within Ontario.

Kyle Stanfield, newly appointed Chief Executive Officer of ONGold, commented: "I have had the privilege to collaborate with John Kim over the past number of years and I am extremely pleased that he has agreed to join our board of directors in this leadership role. Having such a distinguished Indigenous leader as Chairman sends a strong signal to the resource sector and the investment community alike that meaningful change starts with leadership. I look forward to continuing to work with John Kim and our board of directors as we advance our Ontario focused company with our current assets and beyond."

John Kim Bell, Chairman of ONGold, commented: "It is with great pride and a sense of purpose that I accepted the role of Chairman of ONGold, where I see an immense opportunity to advance meaningful change and promote a more inclusive and sustainable approach to mineral exploration and development in Ontario. Bonded by our shared values, I look forward to embracing new possibilities across the province with the ONGold team. I am committed to leveraging my multifaceted expertise and advocacy for Indigenous rights to drive ONGold's vision forward and I am honored to be a catalyst for positive change in this transformative endeavor."