GLD GoldOn Resources Ltd

This document corrects and replaces the release sent on June 4th, 2011 at 18:16 ET.

Augen Gold Corp. (TSX VENTURE:GLD) is pleased to announce the delineation of two
additional SGH gold anomalies along the northwest projection of its promising
new North Shore Trend, northerly of the historical Jerome Gold Mine. With the
North Shore Trend and the Jerome area, these new anomalies give GLD a third gold
target zone in and around Jerome. These zones are centrally located within
Augen's 45-kilometre-long South Swayze Property, which is approximately halfway
between the mining centres of Sudbury and Timmins in Ontario.


The first, northerly, new anomaly lines up with the North Shore Trend, runs to
the east and north of Jerome, and is directly to the west of where GLD is
currently drilling, on the north shore of Lake Opeepeesay. The second, southerly
anomaly is south of the first anomaly, and lines up with the more southerly of
the reported anomalies on the North Shore.


"The latest SGH interpretation map for gold is based on a lake sediment sample
survey over the main part of Opeepeesway Lake surrounding and north of the
Jerome Area, and shows two highly-rated gold SGH anomalies, centred 2.5 and 4
kilometres northwest from and along strike of several recent high-grade gold
drill intersections along Augen's North Shore Trend," said J. David Mason,
President and CEO of Augen Gold. "This extends, by at least 3 kilometres, the
favourable potential of this trend, first recognized as a SGH gold soil anomaly
northeast of Jerome, and now currently being drill-tested. Close to half of this
new projection is land-based, and remains to be surveyed, as the lake is
irregular in form."


The new map delineating this trend, called 'West Opeepeesway SGH May11', can be
seen at
http://www.augengold.ca/docs/wp-content/augenuploads/PastedGraphic-1.pdf. The
white space visible at the centre of the map is the land portion of the
historically productive Jerome Gold Mine.


In the five months to March 15, 2011, Augen Gold completed 34 drill holes for
8,240 metres in the North Shore Area, immediately east to northeast of the lake
sediment survey area. Highlights from 12 of those drill holes that targeted the
largest and strongest of the SGH gold anomalies and that in turn outlined the
promising new North Shore Trend are shown below.




----------------------------------------------------------------------------
DDH #                Composite Intersection          High-Grade Intersection
----------------------------------------------------------------------------
NS11-109     10.60 g/t Au over 10.50 metres    66.80 g/t Au over 1.50 metres
                          (169.50-180.00 m)                (169.50-171.00 m)
----------------------------------------------------------------------------
NS11-111      6.72 g/t Au over 11.19 metres    24.00 g/t Au over 1.50 metres
                            (51.00-62.19 m)                  (58.50-60.00 m)
----------------------------------------------------------------------------
NS11-116       6.58 g/t Au over 4.12 metres    23.20 g/t Au over 1.12 metres
                            (60.00-64.12 m)                  (63.00-64.12 m)
----------------------------------------------------------------------------



(Also see Augen Gold press releases dated May 04, 2011 and May 11, 2011)

SGH geochemistry is organic and detects hydrocarbon-based compounds that provide
a signature directly related to bacteriological interaction with a target such
as a hidden gold deposit. Gold in drill core samples was determined at ALS
Laboratory Group by fire assay AAS on 30 gram charges. Samples reporting more
than 10 g/t Au were re-analyzed by the fire assay-gravimetric method, also using
30 gram charges. Drilling was performed at a dip of 45 degrees and therefore
true width would be reduced to 75%.


Since inception in October 2006, Augen Gold has raised more than $25 million for
the South Swayze Project.


About Augen Gold

Augen Gold is a gold exploration company with 23,685 hectares of staked and
patented mining claims in the Southern Swayze Greenstone Belt, including the
formerly producing Jerome Gold Mine. The claims cover a 45-kilometre long
section of the Ridout Deformation Zone, believed to be the western extension of
the Kirkland Lake/Larder Lake Break. The geological setting is comparable to the
major gold camps of Timmins and Kirkland Lake, and the claims contain numerous
gold showings that have received very little historical exploration. Augen Gold
is the first company to have assembled such a coherent ground position. Augen
Gold has performed a detailed airborne geophysical survey over the whole area,
and its sampling program has confirmed the historically reported gold values.
The correlation of many gold showings with geophysical features indicates
excellent potential for the discovery of additional deposits. The Company's
objectives are to aggressively explore the gold showings that correlate with
geophysical anomalies, continue resource definition at the Jerome Mine, and to
expand its property portfolio with highly prospective mineral assets.


The information contained in this news release has been prepared by Augen Gold's
Project Geologist, Gordon McRoberts, P.Geo., who is a Qualified Person for the
Company's Jerome Project under the definitions established by National
Instrument 43-101. The potential quantities and grades disclosed herein are
conceptual in nature and there has been insufficient exploration to define a
mineral resource. It is uncertain if further exploration will result in the
target being delineated as a mineral resource.


For more information on the South Swayze Project, please refer to the Company's
NI 43-101 compliant technical report "Amended and Restated Technical Report on
the Augen Gold Corp. Claims, Porcupine Mining Division, District of Sudbury,
Ontario, Canada" (effective April 8, 2008, available on the Company's profile at
www.sedar.com).


For more information on Augen Gold, visit our website at www.augengold.ca.

The Company's documents may also be accessed at www.sedar.com.

This news release contains forward-looking statements. These statements are
based on information currently available to the Company and the Company provides
no assurance that actual results will meet management's expectations.
Forward-looking statements include estimates and statements that describe the
Company's future plans, objectives or goals, including words to the effect that
the Company or management expects a stated condition or result to occur.
Forward-looking statements may be identified by such terms as "believes",
"anticipates", "expects", "estimates", "may", "could", "would", "will", or
"plan". Since forward-looking statements are based on assumptions and address
future events and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results relating to, among other things, results of
exploration, project development, reclamation and capital costs of the Company's
mineral properties, and the Company's financial condition and prospects, could
differ materially from those currently anticipated in such statements for many
reasons such as: changes in general economic conditions and conditions in the
financial markets; changes in demand and prices for minerals; litigation,
legislative, environmental and other judicial, regulatory, political and
competitive developments; technological and operational difficulties encountered
in connection with the activities of the Company; and other matters discussed in
this news release. This list is not exhaustive of the factors that may affect
any of the Company's forward-looking statements. These and other factors should
be considered carefully and readers should not place undue reliance on the
Company's forward-looking statements. The Company does not undertake to update
any forward-looking statement that may be made from time to time by the Company
or on its behalf, except in accordance with applicable securities laws.


Shares outstanding: 127,691,347

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