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Onyx Gold Drills 1.5 g/t Gold over 99.5 Meters, Including 3.3 g/t Gold over 17 Meters; Further Expanding Gold Mineralization at Argus North
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2025) - Onyx Gold Corp. (TSXV: O...
About this update from Onyx Gold Corp.
[{"type":"text","content":"Onyx Gold Drills 1.5 g/t Gold over 99.5 Meters, Including 3.3 g/t Gold over 17 Meters; Further Expanding Gold Mineralization at Argus NorthVancouver, British Columbia--(Newsfile Corp. - October 22, 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 reported today are for four (4) drill holes which continue to expand the gold mineralization at the Argus North Zone (\"Argus North\" or the \"zone\") and 12 holes testing new targets up to 175 meters east and 525 meters west of Argus North. Highlights from Argus North99.5 meters (\"m\") grading 1.5 grams per tonne gold (\"g/t Au\"), including 17.0 m grading 3.3 g/t Au, in drill hole MC25-19571.0 m grading 1.3 g/t Au, including 8.3 m grading 3.9 g/t Au, in drill hole MC25-197A summary of the new drill results discussed in this release is presented in Table 1 below.Drill holes MC25-195 and MC25-197, completed from east to west across the Argus North zone, have provided important insights into the controls on gold mineralization. The results highlight excellent predictability and continuity of a higher-grade plunge within the zone, while also confirming that mineralization continues across cross-cutting faults, supporting continuity within the zone and refining the structural model for future targeting.These results continue to expand Argus North and highlight the excellent continuity of wide intervals of strong, near-surface gold mineralization that characterize Argus North. With the latest drilling, the number of intersections exceeding 100-gram x meters has now increased to seven (7)The Argus North Zone remains open along strike, down-dip, and down-plungeThe Company has completed 70 drill holes, representing approximately 22,000 metres (88%) of its expanded 25,000-metre drill program. Assay results have been received and reported for 32 of these holes. The Company is currently evaluating results to finalize plans for a potential program expansion, with details to be announced in the coming weeks \"Every round of drilling at Argus North continues to deliver wide, consistent gold mineralization wit...