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Onyx Gold Corp - ONXGF STOCK NEWS

Welcome to our dedicated page for Onyx Gold news (Ticker: ONXGF), a resource for investors and traders seeking the latest updates and insights on Onyx Gold stock.

Onyx Gold Corp (OTCQX: ONXGF) is a Canadian mineral exploration company focused on advancing high-potential gold projects in the historic Timmins Gold Camp and Yukon Territory. This page serves as the definitive source for corporate developments, offering investors and industry observers direct access to official announcements and operational updates.

Key resources include: Timely earnings reports, drilling program results, property acquisition details, and technical exploration insights. All content is verified through primary sources to ensure accuracy and compliance with financial disclosure standards.

Visitors will find updates on the company's strategic land consolidation efforts, advanced exploration methodologies, and QA/QC-certified assay results. The curated news collection enables efficient tracking of progress across multiple projects, including the flagship Munro-Croesus property.

Bookmark this page for streamlined access to Onyx Gold's latest developments in gold exploration and resource expansion within Canada's premier mining jurisdictions.

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Onyx Gold announced it received its Quartz Class 1 Notification for the King Tut Property in Yukon, which supports its 2024 exploration plans. The Phase 1 program, set for July, includes up to 4,900 meters of diamond drilling, geological mapping, and sampling. The company also finalized data compilation and target generation, assisted by Archer Cathro. Results from last year's exploration confirmed significant gold mineralization, guiding the potential Phase II drilling program. The permit is valid until June 2025 and can be renewed. Onyx is also working towards a Class III Exploration Permit for expanded activities.

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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.

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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.

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Onyx Gold Corp. completes the acquisition of the Lalonde Property in Timmins, Ontario, expanding the Munro-Croesus Project by 32% to 9,235 hectares. The Property is contiguous to Munro-Croesus, has multiple high-grade gold occurrences, and adds substantial exploration potential. The acquisition cost was 400,000 shares and C$20,000. The Property includes +10 near-surface gold prospects with values ranging from 1.03 g/t Au to 2,500 g/t Au. work has been done since the 1980s, with excellent access via Highway 101. Onyx plans a summer field program to validate prospects and generate new targets.
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Onyx Gold Corp. announces high-grade gold results from the GM Vein at Munro-Croesus Project in Ontario. Visible gold discovered in four of six holes, with highlights including 51.27 g/t Au over 0.5 m. The ongoing Spring Drill Program is fully funded and aims to expand known mineralization and test new targets. The Company plans to release assay results on an ongoing basis.
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Onyx Gold Corp. (TSXV: ONYX) announces the start of the 2024 Spring Drill Program at its Munro-Croesus Project in the Timmins gold camp, Ontario. The program aims to expand the high-grade GM Vein discovered in 2023 and explore the bulk-tonnage-style Argus Zone. With a budget of $800k, the Company is well-funded with over $4.2M in cash and securities.
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Onyx Gold Corp. (ONXGF) successfully closed the first tranche of its non-brokered private placement, raising $1,020,014 through the issuance of 3,777,829 Premium FT Shares at $0.27 per share. The Offering, totaling $1,500,000, includes both FT Shares and Premium FT Shares, with proceeds earmarked for exploration activities in Ontario. The Company's director acquired 50,000 Premium FT Shares, accounting for 1.32% of the First Tranche proceeds, in a related party transaction exempt from formal valuation and minority shareholder approval requirements.
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Onyx Gold Corp. announces a non-brokered private placement of securities, aiming to raise up to $1,500,000 for exploration activities in Ontario. The Offering includes flow-through shares and premium flow-through shares, with plans for a follow-up drill program on the Munro-Croesus property and a summer field program on the Lalonde property.
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Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) has completed a purchase agreement to acquire the Lalonde Property, expanding the Munro-Croesus Project by 32%. The Property includes 10 near-surface gold prospects with gold values ranging from 1.03 g/t Au to 2,500 g/t Au. The most advanced prospect, the C Zone, returned spectacular coarse-grain gold in quartz veins. The acquisition cost includes 400,000 shares and C$20,000. President & CEO Brock Colterjohn emphasizes the potential for additional mineral discoveries and shareholder value maximization.
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Onyx Gold Corp. announces final exploration drill results from its 2023 Fall Drill Program at the Munro-Croesus Project, highlighting the success in defining gold mineralization and doubling the strike length to 525m at the Argus zone. The westernmost hole returned 1.0 g/t Au over 27.6 meters, demonstrating the strength of the Argus mineralized system. Plans for a 2024 follow-up drill program at the property are expected to be announced soon.
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Onyx Gold Corp

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11.16M
13.15%
9.49%
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