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Onyx Gold Reports 2025 Results at King Tut Property, Yukon
TMX Newsfile· 2026-01-28 12:30
Core Viewpoint - Onyx Gold Corp. has announced the complete results from its 2025 summer field program at the King Tut Property, indicating significant potential for gold discovery in Yukon's eastern Tombstone Gold Belt, particularly at the Ra target, which shows promising geological characteristics and surface grades [1][5][21]. Company Overview - Onyx Gold Corp. is a Canadian exploration company focused on gold opportunities in Timmins, Ontario, and Yukon Territory, with a strong portfolio that includes the Munro-Croesus Property and the King Tut Property [21][22][23]. - The company is well-funded and led by an experienced team committed to disciplined exploration and strategic growth [24]. Exploration Highlights - The 2025 summer field program concentrated on the Ra target, which is characterized by high-priority vein fields and extensive geological mapping, rock channel, and grab sampling [3][10]. - The Ra intrusion hosts widespread gold-bearing sheeted quartz veins within a 3 km x 2 km granitic body, with historical drilling showing intersections of 1.0 g/t Au over 21 meters and surface grab samples up to 20.1 g/t Au [7][8]. Results from the 2025 Field Program - The program defined a promising vein field approximately 1,700 m x 1,000 m in size, with gold grades related to high vein density (15 to 35 veins per meter) and elevated bismuth content [7][12]. - A 'High Priority Target Area' of 850 m x 500 m was identified, with channel samples returning grades of up to 5.0 m grading 0.7 g/t Au, including higher grades of 2.5 g/t Au and 1.8 g/t Au [12][13]. Future Plans - The company is developing its 2026 exploration plans, which will include follow-up surface sampling at the Ra target to refine and prioritize drill targets for potential drilling later in the season [20].