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Onyx Gold Drills 1.1 g/t Gold Over 194.4m Cumulative Thickness in Step-Out Hole at Argus North Zone, Munro-Croesus Project
Drilling Confirms Vertical and Lateral Extensions of Argus North, Highlighting System Scale and C...
About this update from Onyx Gold Corp.
[{"type":"text","content":"Onyx Gold Drills 1.1 g/t Gold Over 194.4m Cumulative Thickness in Step-Out Hole at Argus North Zone, Munro-Croesus ProjectDrilling Confirms Vertical and Lateral Extensions of Argus North, Highlighting System Scale and ContinuityVancouver, British Columbia--(Newsfile Corp. - September 3, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) (\"Onyx\" or the \"Company\") is pleased to announce additional drill results from the Company's ongoing 25,000 metre drill program (the \"Program') at its 100% owned Munro-Croesus Project (\"Munro-Croesus\" or the \"Project\"), located 75 km east of Timmins, Ontario.Results are reported today for eight (8) step-out holes drilled on a cross-section located 50 metres west of the Argus North discovery section. This new drilling builds on results reported in June 2025, where four (4) holes included standout intercepts such as 91.0 m grading 1.8 g/t Au, including 32.0 m of 4.0 g/t Au in hole MC25-168 and 59.7 m grading 2.5 g/t Au including 18.7 m grading 5.2 g/t Au in drill hole MC25-171 (see Company news release dated June 26, 2025).Highlights91.0 m grading 1.1 g/t Au including 4.0 m grading 4.6 g/t Au, and a second deeper intersection of 103.4 m grading 1.1 g/t Au including 38.4 m grading 2.4 g/t Au, in drill hole MC25-177 for a total cumulative width of 194.4 meters of mineralization. 139.1 m grading 0.8 g/t Au including 6.9 m grading 4.3 g/t Au, in drill hole MC25-181, a 50 m down-dip step-out from drill hole MC25-177.9.8 m grading 2.9 g/t Au including 2.2 m grading 11.8 g/t Au, in drill hole MC25-174, within the Argus Main Zone.35.0 m grading 1.1 g/t Au including 7.0 m grading 3.4 g/t Au, in drill hole MC25-187A,Step-out drilling at Argus North continues to demonstrate wide intervals of promising gold mineralization over >100 meters of strike length (CS 50 W to CS 50 E) and from surface to >350 meters vertically. The Company has completed 48 drill holes (assays announced for 15 holes to date) completing approximately 15,000 m (60%) of the expanded 25,000 m Program. With approximately $10 M in cash, the Company remains fully funded for all its 2025 exploration programs. The Argus North Zone is open along strike, down-dip and down-plunge. Ongoing plans include step-out drilling along strike on 50-m to 100-m spaced cross-sections designed to extend the limits of the known gold...