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Onyx Gold Intersects 91 Meters of 1.8 g/t Gold, including 17 Meters of 5.3 g/t Gold in First Step-Out at Argus North Discovery, Munro-Croesus Project
Continuity of New Argus North Zone now demonstrated over 100 Vertical Meters Vancouver, British ...
About this update from Onyx Gold Corp.
[{"type":"text","content":"Onyx Gold Intersects 91 Meters of 1.8 g/t Gold, including 17 Meters of 5.3 g/t Gold in First Step-Out at Argus North Discovery, Munro-Croesus ProjectContinuity of New Argus North Zone now demonstrated over 100 Vertical MetersVancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) (\"Onyx\" or the \"Company\") is pleased to announce the first drill results of from the Company's 10,000-meter spring 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. Results are reported for two new step-out holes and the extension of two existing holes (Tables 1 and 2 and Figures 1 and 2). These holes followed up on discovery hole MC24-163, which defined a broad, continuous zone of strong gold mineralization, grading 3.4 grams per tonne gold (\"g/t Au\") over 69.6 meters (\"m\") (see Company news release dated April 10, 2025). Highlights 91.0 m grading 1.8 g/t Au including 32.0 m grading 4.0 g/t Au and 17.0 m grading 5.3 g/t Au in drill hole MC25-168, a 50 m up-dip step-out from discovery hole MC24-16359.7 m grading 2.5 g/t Au including 18.7 m grading 5.2 g/t Au in drill hole MC25-171, a 30 m up-dip step-out from hole MC25-168Three of four holes drilled so far at the Argus Zone have hit high-grade mineralization with a \"grade thickness\" of greater than 150 gram-meters - a strong indicator of potentialExcellent continuity has been established between drill holes over 100 vertical meters, and the Argus North Zone remains open to expansion in all directionsWide sub-intervals (17 m to 34.5 m) of greater than 5 g/t Au have been intersected in multiple holes, all demonstrating remarkably consistent strong gold values throughout the reported sub-intervals (Table 2)5,580 m have been drilled to date in 17 holes at the Argus North Zone as part of the fully funded, 10,000 m Phase 1 program (only four holes reported to date). Ongoing step-out drilling along strike will continue on 50-m spaced sections. Additional assay results will be reported on an ongoing basis once received and validated through its QA/QC protocols and interpreted for context.\"This is an outstanding start to our initial follow-up drilling at Argus North...