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Onyx Gold Corp. ( (TSE:ONYX) ) just unveiled an update.
Onyx Gold Corp. has announced promising results from its ongoing 25,000-meter drill program at the Munro-Croesus Project, revealing significant gold mineralization at the Argus North Zone. The findings suggest a potential near-surface, road-accessible gold discovery, enhancing the project’s attractiveness and positioning Onyx as a key player in the Timmins gold camp. With substantial financing secured, Onyx is well-positioned to advance exploration efforts and capitalize on these promising developments.
More about Onyx Gold Corp.
Onyx Gold Corp. operates in the mining industry, focusing on gold exploration and development. The company is engaged in a significant drilling program at its Munro-Croesus Project in Ontario, Canada, aiming to discover and develop accessible gold deposits.
Average Trading Volume: 138,655
Technical Sentiment Signal: Buy
Current Market Cap: C$112.7M
For a thorough assessment of ONYX stock, go to TipRanks’ Stock Analysis page.