Core Insights - Onyx Gold Corp. has reported additional drill results from its ongoing program at the Munro-Croesus Project, indicating significant gold mineralization at both the Argus North and Argus Main Zones [1][5][6] Argus North Zone - Drill hole MC25-233 returned 194.0 meters grading 1.8 grams per tonne (g/t) gold, including sub-intervals of 28.0 meters grading 3.0 g/t and 24.1 meters grading 3.7 g/t [3][8] - The results from MC25-233 reinforce the concept of northeast-southwest structural controls on higher-grade gold distribution and extend the mineralization previously identified in hole MC24-233 [3][10] - The mineralization at Argus North has been traced from surface to over 400 meters depth and remains open in several directions, indicating potential for further expansion [5][10] Argus Main Zone - The Argus Main Zone has demonstrated broad near-surface gold mineralization over a strike length of 200 meters, with significant grades reported, including 66.6 meters grading 0.4 g/t in drill hole MC25-211 [27][30] - Ongoing drilling at Argus Main continues to confirm the presence of consistent gold grades and highlights the potential for higher-grade structural controls within a bulk-tonnage system [5][28] - The Argus Main Zone remains open along strike, down-dip, and down-plunge, with further drilling expected to enhance grade and continuity [28][30] Project Overview - The Munro-Croesus Project covers 109 square kilometers in the Abitibi greenstone belt, a region known for its high-grade gold deposits [33][34] - The project includes the historic Croesus Gold Mine and has seen extensive land consolidation from 2020 to 2025, enhancing its exploration potential [33][34] - Onyx Gold Corp. is well-funded with approximately $30 million in treasury to advance its exploration programs in 2026 [13]
Onyx Gold Returns 194 m of 1.8 g/t Au at Argus North, Including 28 m of 3.0 g/t Au and 24.1 m of 3.7 g/t Au