Core Insights - Onyx Gold Corp. has reported additional drill results from its ongoing 25,000 metre drill program at the Munro-Croesus Project, indicating significant expansion of gold mineralization at the Argus North Zone [2][4][5] Group 1: Drill Results - Recent drilling at Argus North has shown wide and consistent gold mineralization, with notable results including 99.5 meters grading 1.5 grams per tonne (g/t) Au, and 71.0 meters grading 1.3 g/t Au [6][14] - The number of intersections exceeding 100-gram x meters has increased to seven, demonstrating excellent continuity of mineralization [6][15] - The Argus North Zone remains open along strike, down-dip, and down-plunge, indicating further potential for expansion [15] Group 2: Geological Context - Gold mineralization at Argus North is characterized by broad zones of +1 g/t Au mineralization, with high-grade intercepts such as 17.0 meters grading 5.3 g/t Au and 18.7 meters grading 5.2 g/t Au [8][9] - The geological setting includes strong albitization and silicification, with mineralization closely associated with pyritic stringers and localized porphyritic intrusions [9][10] Group 3: Project Overview - The Munro-Croesus Project is located in the Abitibi greenstone belt, a premier gold mining jurisdiction in Canada, covering 109 km² of highly prospective geology [23][24] - The project includes the past-producing Croesus Gold Mine, known for high-grade gold production, and has seen extensive land consolidation to enhance exploration potential [23][25] Group 4: Future Plans - Onyx Gold has completed 70 drill holes, representing approximately 88% of its drill program, and is evaluating results to finalize plans for a potential program expansion [6][15] - Details regarding the potential expansion of the drilling program are expected to be announced in the coming weeks [6][15]
Onyx Gold Drills 1.5 g/t Gold over 99.5 Meters, Including 3.3 g/t Gold over 17 Meters; Further Expanding Gold Mineralization at Argus North