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Onyx Gold Corp. ( (TSE:ONYX) ) just unveiled an update.
Onyx Gold Corp. reported full results from its 2025 summer field program at the Ra target on its King Tut property in Yukon’s eastern Tombstone Gold Belt, confirming widespread gold mineralization in a sheeted quartz vein system within a 3 km by 2 km granitic intrusion. The company has delineated a large vein field approximately 1,700 m by 1,000 m, including an 850 m by 500 m high-priority target area where channel sampling returned intervals such as 5.0 m grading 0.7 g/t gold and 1.0 m grading up to 2.5 g/t gold, complemented by high-grade grab samples from both outcrop and float. These results strengthen the case for Ra as a compelling intrusion-related gold target comparable to other major deposits in the Tombstone Gold Belt, and Onyx is now planning a 2026 follow-up program that could include a first drill campaign at Ra, potentially advancing the King Tut project’s profile and adding to the company’s exploration momentum alongside its holdings in Timmins.
More about Onyx Gold Corp.
Onyx Gold Corp. is a mineral exploration company focused on gold, with key assets in two of Canada’s premier gold jurisdictions: the emerging Tombstone Gold Belt in Yukon and the established Timmins camp in Ontario. The company targets intrusion-related gold systems in underexplored, highly prospective districts that have seen increased investor attention following recent discoveries by peers such as Snowline Gold and Fireweed Metals.
Average Trading Volume: 141,687
Technical Sentiment Signal: Buy
Current Market Cap: C$143M
For an in-depth examination of ONYX stock, go to TipRanks’ Overview page.