Onyx Gold Corp. reports exploration updates for its gold project portfolio in Canada, with recurring coverage centered on drilling, assay results, and geological interpretation at the 100%-owned Munro-Croesus Project east of Timmins, Ontario. Company news frequently discusses the Argus North and Argus Main zones, the Pipestone Fault corridor, and the broader Timmins Gold Camp portfolio that includes Golden Mile and Timmins South.
Additional updates cover field work at the King Tut Property in Yukon's eastern Tombstone Gold Belt, including mapping, sampling, and target evaluation. News also includes corporate recognition, exploration webinars, program expansions, and financing or capital-structure topics tied to Onyx Gold's public-company activities.
Onyx Gold (ONXGF) reported new drill results extending identified gold mineralization across an approximately 2.6-kilometer trend at Munro-Croesus, Ontario. Argus Main hole MC26-343 returned 0.7 grams per tonne gold over 166.0 meters, including 1.6 grams per tonne over 21.7 meters. First-pass drilling at Big Break returned 0.6 grams per tonne over 22.0 meters and 0.9 grams per tonne over 11.0 meters. At JM, results included 18.8 grams per tonne over 2.3 meters and 1.4 grams per tonne over 10.4 meters.
Big Break and JM are separate targets, with intervening ground requiring follow-up. Approximately 100,000 meters of the fully funded 110,000-meter program are complete; results cover 146 of 264 completed holes. Four rigs remain active. With approximately $9 million in cash, Onyx anticipates completing the program by year-end. Approximately 4 kilometers of its approximately 8-kilometer prospective Pipestone corridor have been drill tested.
Onyx Gold (ONXGF) confirmed sediment-hosted gold mineralization at Flipper, approximately 3 kilometers south of Argus, through its first systematic drilling program. The six-hole, 2,172-meter program at its 100%-owned Munro-Croesus Project returned 0.7 g/t gold over 46.7 meters in MC26-277, including 4.0 g/t over 5.0 meters and 13.5 g/t over 1.0 meter. MC26-272 returned 0.5 g/t over 46.7 meters; MC26-284 returned 4.1 g/t over 3.0 meters. MC26-280 returned no significant assays.
Onyx interprets Flipper as part of a multi-kilometer Argus Fault corridor, but structural continuity remains to be tested. Follow-up work is expected to include surface exploration and drilling, prioritizing structural intersections near Stewart-Abate and recently acquired ground. The fully funded 110,000-meter exploration program has completed 94,000 meters in 241 holes, with 146 holes released. Cash is approximately $9 million.
Onyx Gold (ONXGF) has consolidated key patented properties around the Argus Gold System and advanced its 2026 surface exploration program at the 100%-owned Munro-Croesus Project in Ontario.
Since early 2026, four arm's-length, all-cash property acquisitions and the accelerated exercise of an option have given Onyx 100% control of key surface and mineral rights within a three-kilometer radius of Argus and completed ownership along a historical access trail from Highway 101, about 2.7 km away. The company paid the remaining C$1.35 million in cash and issued 2,475,000 common shares to secure the 21-hectare Argus North claim ahead of schedule.
Surface work includes three new trenches at Argus, ~300 grab samples, 234 channels totaling 361 m, and a ~1,470 line-km drone magnetic survey. A fully funded 110,000 m drill program is ongoing, with 236 holes (~90,000 m) completed, assays reported for 140 holes, and four rigs active.
Onyx Gold (OTCQX: ONXGF) reported new drill results from the Argus Gold System at its 100%-owned Munro-Croesus project in Ontario, highlighting one of the strongest intersections at Argus Main to date. Hole MC26-340 returned 1.7 g/t Au over 67.0 m, including 4.1 g/t over 24.5 m, 13.2 g/t over 6.0 m, and a visible-gold interval of 73.4 g/t over 1.0 m. Hole MC26-329 intersected 0.7 g/t Au over 144.5 m, including 1.1 g/t over 75.0 m and 2.1 g/t over 21.3 m.
Six holes at Argus West extended the mineralized corridor by about 100 m, with anomalous gold now to ~300 m depth. The Argus system shows gold over ~1.4 km of strike and >700 m vertically. Onyx’s fully funded 110,000 m drill program is ~75% complete, with four rigs active and ~27,300 m left to drill and about $14 million in cash.
Onyx Gold (OTCQX: ONXGF, TSXV: ONYX) reported new drill results from 17 holes at its 100%-owned Munro-Croesus Project in Ontario, extending the Argus North zone to more than 700 m vertical depth and confirming it remains open. Key intercepts at Argus North include 3.5 g/t gold over 28.1 m in hole MC26-274A, with 5.3 g/t over 17.8 m and higher-grade sub-intervals up to 23.1 g/t over 1.0 m.
At Argus Main, deeper step-out drilling returned broad mineralized intervals such as 1.0 g/t gold over 93.0 m in hole MC26-324 and 0.8 g/t over 98.9 m in MC26-317, with multiple higher-grade sections. First-pass drilling 250 m northeast of Argus Main intersected 2.6 g/t gold over 7.3 m in MC26-316, opening a new target along the projected Argus Fault corridor. Onyx is executing a fully funded ~110,000 m drill program (about 75,000 m and 188 holes completed to date), focused on expanding the Argus Gold System, which now shows approximately 1,400 m strike and more than 700 m vertical extent. According to the company, Onyx remains fully funded with about $18 million in cash.
Onyx Gold (OTCQX: ONXGF) reported new drill results from its fully funded 110,000 m program at the Munro-Croesus project in Ontario.
At Argus Main, highlights include 70.8 m of 0.8 g/t gold and 95.2 m of 0.7 g/t gold. At Argus West, results include 35.5 m of 0.9 g/t gold and 32.7 m of 0.5 g/t gold. Drilling has outlined gold mineralization over ~1.4 km of strike and >500 m vertically, with four rigs active and ~48,000 m left to drill in 2026. Onyx reports being fully funded with about $20 million in cash.
Onyx Gold (TSXV: ONYX, OTCQX: ONXGF) has engaged Independent Trading Group (ITG) as a market maker, subject to regulatory approval. ITG will trade Onyx shares on the TSXV and other venues to support a reasonable market and potentially improve liquidity.
ITG is paid CAD$6,000 per month, with an initial one-month term that auto-renews monthly unless terminated on 30 days' notice. According to Onyx, there are no performance conditions, no share- or option-based compensation, and ITG and Onyx are unrelated with no current security interests.
Onyx Gold (OTCQX:ONXGF) reported new drill results from its fully funded 110,000 m program at the 100%-owned Munro-Croesus Project near Timmins, Ontario.
New holes at Argus Main and Argus North expand a gold system over 1.4 km strike and 500 m depth, with broad mineralized zones, higher-grade intervals up to 15.0 g/t Au, and approximately $20 million in cash supporting ~50,000 m of remaining drilling in 2026.
Onyx (OTCQX: ONXGF) will host an exploration and technical webinar on May 14, 2026 at 10:00 am PT / 1:00 pm ET to update investors on its expanded 110,000 m drill program at the 100%-owned Munro-Croesus Project, 75 km east of Timmins, Ontario.
Management will review recent drilling results, geological interpretations, expansion drilling at Argus, priority targets along the Pipestone Fault corridor, and plans to complete the remaining ~50% of the fully funded program by year-end 2026. A recording will be posted on the company website after the webinar.
Onyx Gold (OTCQX: ONXGF) expanded its 2026 Munro-Croesus drill program from 75,000 m to 110,000 m and added a fourth drill rig to accelerate exploration across the Argus Zones and the Pipestone Fault corridor. More than 50,000 m (135 holes) completed to April 22, 2026; ~60,000 m remain.
The company reports confirmed lateral and vertical continuity at Argus to >1,400 m strike and >500 m depth, a ~$22M treasury funding the expanded program, and a planned 900 line-km drone magnetic survey.