Onyx Gold Corp Stock Price, News & Analysis

Onyx Gold (OTCQX: ONXGF) has commenced a fully funded 50,000 m phase three diamond drill program at its 100%‑owned Munro‑Croesus Project, Ontario, budgeted at $11 million and using three drill rigs. The program follows a completed 25,000 m campaign and 36 reported holes with notable intercepts including 69.6 m @ 3.4 g/t Au and 91.0 m @ 1.8 g/t Au. Onyx reports ~$31.4 million cash on hand and that it raised $41.6 million in 2025. Drilling has traced mineralization over >100 m along strike and to depths >350 m, with zones remaining open and multiple target areas planned for Q4‑2025 and H2‑2026.

Onyx Gold (OTCQX: ONXGF) reported new drill results from its 25,000 m program at the 100% owned Munro-Croesus Project (Oct 22, 2025). Key Argus North intercepts include 99.5 m @ 1.5 g/t Au (incl. 17.0 m @ 3.3 g/t) in MC25-195 and 71.0 m @ 1.3 g/t Au (incl. 8.3 m @ 3.9 g/t) in MC25-197. The zone is now traced from surface to >350 m and remains open along strike, down-dip and down-plunge. The company has completed ~70 holes (~22,000 m) with assays reported for 32 holes and continues step-outs up to 175 m east and 525 m west.

Onyx Gold (OTCQX: ONXGF) reports surface channel samples and shallow step-out drilling at the Argus North zone, Munro-Croesus Project, on October 7, 2025. Highlights include channel results up to 5.0 g/t Au over 4.0 m within 2.0 g/t Au over 21.3 m, and drill intercepts such as 60.8 m @ 1.2 g/t Au (MC25-200) and 37.8 m @ 1.8 g/t Au (MC25-202) with higher-grade subintervals to 5.9 g/t Au and 5.0 g/t Au. Mineralization is near surface, road-accessible (~2 km from Highway 101) and traced to >350 m vertical depth across >100 m strike. The Company has completed 64 holes (~20,000 m, 80% of a fully funded 25,000 m program) with assays reported for 18 holes. Onyx closed a $20M bought-deal and is closing an upsized $6.4M non-brokered financing to fund ongoing work through 2026.

Onyx Gold (OTCQX: ONXGF) announced an upsize to its non-brokered private placement to $6,445,000 at $2.43 per flow-through share, selling 2,650,000 NB FT Shares. Combined with a bought-deal that closed October 2, 2025, the company expects total gross proceeds of approximately $26,445,000, intended to fund exploration in Ontario.

The NB FT proceeds must be spent on Qualifying Expenditures by December 31, 2026, will be renounced effective December 31, 2025, and the financing is expected to close around October 15, 2025, subject to TSX Venture Exchange conditional approval and customary closing conditions.

Onyx Gold Corp. (OTCQX: ONXGF) has announced significant drill results from its ongoing 25,000-metre program at the Munro-Croesus Project in Ontario. The highlight includes drill hole MC25-177 which intersected 194.4 meters of cumulative gold mineralization, featuring 91.0m at 1.1 g/t Au and a second intersection of 103.4m at 1.1 g/t Au.

The Argus North Zone drilling has demonstrated wide intervals of gold mineralization over >100 meters of strike length and from surface to >350 meters vertically. The company has completed 48 drill holes (15,000m) representing 60% of the expanded program. With $10M in cash, Onyx remains fully funded for its 2025 exploration.

The mineralization remains open along strike, down-dip and down-plunge, with ongoing plans for step-out drilling along strike on 50-m to 100-m spaced cross-sections to extend known gold mineralization limits.

Onyx Gold Corp. (OTCQX: ONXGF) has launched its 2025 summer exploration program at the King Tut Property in Yukon's eastern Tombstone Gold Belt. The program focuses on the Ra target, which features a gold-bearing sheeted vein field within a 3 x 2 km granitic intrusion.

Key developments include: approval of Class 1 Notification authorizing surface exploration and up to 5,000 metres of diamond drilling, initiation of a 21-day field program on August 9th, and previous high-grade surface samples of 25.1 g/t Au. The Ra target's vein field spans approximately 1,700 x 1,000 meters.

Additionally, at the Munro-Croesus property in Ontario, Onyx has completed 40 drill holes totaling ~12,000 meters and increased its drill program by 150% from 10,000 to 25,000 meters following strong results.

Onyx Gold (OTCQX: ONXGF) has announced significant drill results from its Argus North Zone at the Munro-Croesus Project in Ontario. The company reported impressive intersections including 52.2 meters of 2.2 g/t gold and 50.4 meters of 1.9 g/t gold, extending mineralization from surface to over 200 meters vertically.

Key highlights include drill hole MC25-178 with 113.5 meters of total mineralization and near-surface mineralization in MC25-180 starting just 6.1 meters downhole. Based on these strong results, Onyx has expanded its drill program by 150% from 10,000 to 25,000 meters.

The company has completed 26 drill holes totaling ~9,000 meters to date, with assays announced for nine holes. The project is strategically located in the Abitibi greenstone belt, near significant gold deposits including Fenn-Gib (4.31 Moz Indicated) and Tower Gold Project.

Onyx Gold Corp. (OTCQX: ONXGF) has announced significant drill results from its Argus North Zone at the Munro-Croesus Project in Ontario. The company reported impressive intersections including 91.0 meters grading 1.8 g/t gold, with high-grade sections of 17.0 meters at 5.3 g/t gold in drill hole MC25-168.

The results demonstrate continuity of the new gold zone over 100 vertical meters, with the mineralization remaining open in all directions. The company has completed 5,580 meters of a planned 10,000-meter spring drill program, with only four holes reported to date. The Argus North Zone is located 75 km east of Timmins, showing potential for significant expansion.

Onyx Gold Corp. (OTCQX: ONXGF) has announced strategic acquisitions to expand its Munro-Croesus Project, located 75 km east of Timmins, Ontario. The company has signed agreements to acquire the 227-hectare Munro Property for $300,000 and a 50% interest in the Hewitt Property for $20,000 plus 75,000 common shares.

These acquisitions increase the project's total land holdings to 10,921 hectares (109 km²). The Munro Property notably extends along the 'Croesus Flow', which hosts the historic high-grade Croesus Mine and the company's recently discovered GM Vein. The Hewitt Property, situated on a northeast-trending fault splay, has shown promising gold samples up to 15.7 g/t Au.

Additionally, the company has engaged Chad Levesque Consulting for investor relations services at $5,000 monthly with 100,000 stock options.