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.
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.
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.