Onyx Gold Expands Holdings with Lalonde Acquisition

Onyx Gold Corp. (TSE:ONYX) has released an update.

Onyx Gold Corp. has successfully acquired the Lalonde Property in Timmins, Ontario, significantly expanding their Munro-Croesus Project by 32% to 9,235 hectares and boosting exploration potential with over 10 high-grade gold occurrences. The strategic addition, which cost the company 400,000 shares and C$20,000, promises exciting prospects for new mineral discoveries, particularly as the last exploration work was conducted in 2011. The company is gearing up for a summer field program to assess these gold prospects and establish drilling targets.

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