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The latest update is out from Onyx Gold Corp. ( (TSE:ONYX) ).
Onyx Gold Corp. reported new drilling results from its Munro-Croesus Project in Ontario, confirming a western extension of the Argus North Zone with 70.3 meters grading 2.3 grams per tonne gold, including several higher-grade intervals. The intercept closely matches a previous nearby hole, reinforcing geological models and demonstrating strong continuity of mineralization in this structurally offset zone.
The confirmation of the Western Extension, now demonstrated over multiple holes and at depth, supports the potential scale of the Argus North gold system, which remains open along strike, down dip and down plunge. These results, part of an extensive 75,000-meter drill program, strengthen Onyx Gold’s exploration case at Munro-Croesus and may enhance the project’s profile within the Timmins gold camp for investors and strategic partners.
More about Onyx Gold Corp.
Onyx Gold Corp. is a Canadian mineral exploration company focused on gold, with its flagship 100%-owned Munro-Croesus Project located near Timmins, Ontario. The company is advancing a large-scale drill program targeting structurally controlled gold systems within a well-known regional gold corridor.
Average Trading Volume: 130,874
Technical Sentiment Signal: Buy
Current Market Cap: C$140.1M
See more insights into ONYX stock on TipRanks’ Stock Analysis page.