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Onyx Gold Corp. announced the acquisition of the WEAS property in the Yukon, which includes claims contiguous to their King Tut property. The 627-hectare land package covers a gold target with historical drilling results showing 1.0 g/t Au over 21m. The company plans an extensive exploration program to prioritize drill targets. The agreement with Senoa Gold Corp. allows Onyx to acquire 100% of the WEAS Property by issuing 3,000,000 common shares over three years. This strategic move reinforces Onyx's commitment to unlocking the full potential of their assets in the emerging mining camp.
Onyx Gold Corp. announced additional high-grade gold results from its GM Vein at the Munro-Croesus Project. The drilling program has defined a higher-grade shoot with visible gold in four holes. Encouraging results include 52.06 g/t Au over 0.5 m in MC24-154. The GM Vein remains open for expansion. The program has been upsized by 10% to 3,300 m. Assay results will be released ongoing.