Core Insights - Onyx Gold Corp. has reported significant drill results from the Argus North Zone, confirming the broadest continuous interval of gold mineralization to date, with 208 meters grading 2.3 g/t Au, including high-grade intervals [4][6][7] Company Overview - Onyx Gold Corp. is a Canadian exploration company focused on gold opportunities in Timmins, Ontario, and Yukon Territory, with a strong portfolio anchored by the Munro-Croesus Property [20][21] - The Munro-Croesus Project covers 109 km² of highly prospective geology and includes the historic Croesus Gold Mine, known for high-grade gold production [18][19] Drill Results - The latest drill hole, MC25-232, confirmed a newly defined northeast-trending structural corridor, extending the southern footprint of the Argus North Zone by 50 meters [4][7] - The drill results include multiple high-grade intercepts, such as 54.4 meters grading 3.3 g/t Au and 24.9 meters grading 5.2 g/t Au, indicating robust gold continuity [6][9] Geological Insights - Gold mineralization at Argus North is characterized by broad zones of +1 g/t Au mineralization with multiple higher-grade sub-intervals, associated with strong albitization, silicification, and structural controls [10][11] - The mineralized system has been traced from surface to over 350 meters depth, remaining open along strike and down-dip [10][15] Future Plans - The company is undertaking a fully funded 50,000-meter drill program to further explore the Argus North Zone and the broader structural corridor across the Munro-Croesus Project [7][12]
Onyx Gold Expands Argus North Discovery Footprint - 208 m of 2.3 g/t Au, Including 25 m of 5.2 g/t Au