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Onyx Gold Intersects 52.2 M of 2.2 g/t Gold and 50.4 M of 1.9 g/t Gold at Argus North Zone, Munro-Croesus Project
Mineralized Zone Extended to Surface Now Reaches Over 200 M Vertically, Drill Program Increased t...
About this update from Onyx Gold Corp.
[{"type":"text","content":"Onyx Gold Intersects 52.2 M of 2.2 g/t Gold and 50.4 M of 1.9 g/t Gold at Argus North Zone, Munro-Croesus ProjectMineralized Zone Extended to Surface Now Reaches Over 200 M Vertically, Drill Program Increased to 25,000 MVancouver, British Columbia--(Newsfile Corp. - July 23, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) (\"Onyx\" or the \"Company\") is pleased to announce drill results for five (5) additional drill holes from the Company's drill program (the \"Program') at the Argus North Zone (\"Argus North\"), a newly identified gold zone located on its 100% owned Munro-Croesus Project (\"Munro-Croesus\" or the \"Project\"), 75 km east of Timmins, Ontario. The results reported today are from five step-out drill holes completed on a cross-section located 50 metres (\"m\") east of the Argus North discovery-hole section. This follows the June 2025 release of four drill holes from the discovery section, which included a highlight intercept of 91.0 metres grading 1.8 grams per tonne \"g/t\" gold (\"Au\"), with a higher-grade interval of 32.0 metres of 4.0 g/t Au in hole MC25-168 (see Company news release dated June 26, 2025).Highlights52.2 m grading 2.2 g/t Au including 5.2 m of 5.1 g/t Au, and a second deeper intersection of 61.3 m of 1.5 g/t Au including 6.6 m grading 4.2 g/t Au, in drill hole MC25-178 for a total cumulative width of 113.5 m of mineralization. 66.8 m grading 1.4 g/t Au including 4.0 m of 6.6 g/t Au, in drill hole MC25-179, a 50 m up-dip step-out from drill hole MC25-178.50.4 m grading 1.9 g/t Au starting at 6.1 m downhole (approximately 4 m vertically from surface), including 4.0 m of 5.9 g/t Au, in drill hole MC25-180, a 50 m up-dip step-out from drill hole MC25-179Results to date demonstrate excellent continuity of wide intervals of strong gold mineralization now defined over 200 m vertically and extending right to surface The Company has completed 26 drill holes (assays announced for nine holes to date), totaling approximately 9,000 m of the 10,000 m phase 1 program.Current drill program expanded from 10,000 m to 25,000 m.\"These latest results from Argus North continue to highlight strong gold grades over broad widths and confirm that the zone remains open for expansion,\" said Brock Colterjohn, President & CEO. \"We are particularly encouraged by the mineralization intersected essentially...