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An announcement from Onyx Gold Corp. ( (TSE:ONYX) ) is now available.
Onyx Gold Corp. has announced a significant expansion of its Argus North Zone at the Munro-Croesus Project, with a notable drill intercept of 208 meters grading 2.3 g/t gold. This discovery, which includes high-grade sub-intervals, extends the zone’s southern footprint and demonstrates the potential for further growth. The company is advancing with a fully-funded 50,000-meter Phase III drill program, aiming to accelerate the project’s development and enhance its position in the gold mining sector.
More about Onyx Gold Corp.
Onyx Gold Corp. operates in the mining industry, focusing on gold exploration and development. The company is engaged in expanding its footprint in the gold market, particularly through its Munro-Croesus Project located near Timmins, Ontario.
Average Trading Volume: 167,556
Technical Sentiment Signal: Buy
Current Market Cap: C$104.6M
For an in-depth examination of ONYX stock, go to TipRanks’ Overview page.