Welcome to our dedicated page for ONYX GOLD news (Ticker: ONXGF), a resource for investors and traders seeking the latest updates and insights on ONYX GOLD stock.
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 announced it received its Quartz Class 1 Notification for the King Tut Property in Yukon, which supports its 2024 exploration plans. The Phase 1 program, set for July, includes up to 4,900 meters of diamond drilling, geological mapping, and sampling. The company also finalized data compilation and target generation, assisted by Archer Cathro. Results from last year's exploration confirmed significant gold mineralization, guiding the potential Phase II drilling program. The permit is valid until June 2025 and can be renewed. Onyx is also working towards a Class III Exploration Permit for expanded activities.
Onyx Gold Corp. announced the acquisition of the WEAS property in the Yukon, which includes claims contiguous to their King Tut property. The 627-hectare land package covers a gold target with historical drilling results showing 1.0 g/t Au over 21m. The company plans an extensive exploration program to prioritize drill targets. The agreement with Senoa Gold Corp. allows Onyx to acquire 100% of the WEAS Property by issuing 3,000,000 common shares over three years. This strategic move reinforces Onyx's commitment to unlocking the full potential of their assets in the emerging mining camp.
Onyx Gold Corp. announced additional high-grade gold results from its GM Vein at the Munro-Croesus Project. The drilling program has defined a higher-grade shoot with visible gold in four holes. Encouraging results include 52.06 g/t Au over 0.5 m in MC24-154. The GM Vein remains open for expansion. The program has been upsized by 10% to 3,300 m. Assay results will be released ongoing.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.