Core Insights - Onyx Gold Corp had a successful year in 2024, marked by new gold discoveries, strategic acquisitions, and exploration milestones, solidifying its position in the Timmins Gold Camp and the Eastern Tombstone Gold Belt [1][2] Exploration Achievements - The exploration team made significant progress at the Munro-Croesus Property, including the discovery of the Argus North Zone and the expansion of the GM Vein, which are expected to drive future exploration success [2][3] - A 25-hole drill program at the Munro-Croesus Property returned notable results, including an intercept of 1.87 grams per tonne (g/t) gold over 48.1 meters in the Argus North discovery [4][5] Strategic Land Consolidation - Onyx Gold expanded its Munro-Croesus Property footprint to 108 square kilometers through key acquisitions, enhancing its exploration pipeline with over 35 near-surface gold prospects [7][8] - Acquisitions included the Lalonde Property, featuring high-grade values up to 2,500 g/t Au, and the Matheson Portfolio, which is proximal to major deposits [7] Yukon Exploration - The King Tut Property in the Yukon underwent a comprehensive exploration program, including the acquisition of the Ra claims and extensive sampling and mapping efforts [9][10] - The field program at King Tut included the collection of 135 channel samples and a notable grab sample returning 25.1 g/t Au [11] Infrastructure Development - Onyx Gold congratulated Fireweed Metals for securing C$35.4 million in funding for critical infrastructure projects in the Yukon, which will benefit Onyx Gold's operations by reducing exploration logistics costs [12][15] Future Plans - The achievements of 2024 have laid a strong foundation for 2025, with plans for targeted follow-up drilling and fieldwork in Timmins [16]
Onxy Gold Corp Recaps 2024 Exploration Work