Onyx Gold Corp. is pleased provide an update on its ongoing exploration efforts at its 100%-owned Munro-Croesus Project , located 75 km east of Timmins, Ontario . Following strong momentum from the early 2025 drill campaign, Onyx Gold has added a second drill rig in May to accelerate its fully funded ~10,000-metre Phase 1 drill program. This expanded effort is part of the Company's broader exploration strategy, which [...]
Onyx Gold Corp. announces closing of the second and final tranche of its previously announced non-brokered private placement . Pursuant to the second tranche of the Private Placement, the Company issued 1,709,657 common shares that qualify as "flow-through shares" of Income Tax Act ) at a price of $1.19 per FT Share for aggregate gross proceeds of approximately $2.03 million. Following the closing of this final tranche [...]
Onyx Gold Corp. announces closing of the first tranche of its previously announced non-brokered private placement with a strategic investor of 3,490,343 common shares of the Company at a price of $0.85 per Share for aggregate gross proceeds of approximately $3 million. The net proceeds of the first tranche of the Private Placement will be used by the Company for general corporate purposes. The Private Placement is subject [...]
Onyx Gold Corp. announces closing of its previously announced $8,038,000 "bought deal" private placement of 5,000,000 common shares of the Company that qualify as "flow-through shares" of the Tax Act ) at a price of $1.00 per Tranche 1 FT Share for aggregate gross proceeds of $5,000,000, and 3,100,000 common shares of the Company that qualify as "flow-through shares" at a price of $0.98 per Tranche 2 FT Share for [...]
Onyx Gold Corp. is pleased to announce plans for a 10,000-meter Spring Drill Program at its Timmins, Ontario properties. The primary focus of the program is to follow-up on the recently reported Argus North discovery , at the Company's 100% owned Munro-Croesus Project located 75 km east of Timmins, Ontario . To date, this new zone of wide high-grade mineralization has been tested by a single drill hole, MC24-163, which [...]
Onyx Gold Corp. is pleased to announce that in connection with its previously announced $3,000,000 non-brokered private placement with a strategic investor and $5,000,000 "bought deal" private placement, the Company and Cormark Securities Inc., together with Agentis Capital Markets Limited Partnership on behalf of a syndicate of underwriters , have agreed to add a second tranche of flow-through shares to the "bought deal [...]
Not for distribution to United States newswire services or for dissemination in the United States Onyx Gold Corp. announces today that it has entered into an agreement with Cormark Securities Inc. and and Agentis Capital Markets Limited Partnership, as co-lead underwriters on behalf of a syndicate of underwriters , in connection with a "bought deal" private placement of 5,000,000 common shares of the Company that qualify [...]
Onyx Gold Corp. announces today the acceleration of the expiry of outstanding common share purchase warrants of the Company that were originally issued July 6, 2023 and amended January 29, 2025 . Out of the original 7,143,999 in total Warrants issued at an amended purchase price of $0.30, 3,419,111 Warrants have been recently exercised for total proceeds of $1,025,733, leaving 3,724,888 Warrants still outstanding [...]
Includes High-Grade Subintervals of 13.9 g/t Gold over 9.5 Meters and 38.5 g/t Gold over 3.0 Meters Onyx Gold Corp. is pleased to announce new high-grade drill results from hole MC24-163, at the Argus North Zone, a newly identified gold zone located 100 meters north of the main Argus Zone trend at its 100% owned Munro-Croesus Project , 75 km east of Timmins, Ontario. In addition, the Company has signed an option agreement [...]
Onyx Gold Corp. announces that it intends to amend the exercise price of 7,143,999 common share purchase warrants that were issued pursuant to a private placement of units that closed on July 6, 2023. Each Warrant is currently exercisable to purchase one common share of the Company at a price of $0.75 for 24 months from the date of issuance. Following the proposed amendments, each Warrant will have an exercise price of [...]
Onyx Also Congratulates Fireweed Metals on Strategic Funding and Highlights the Funding Benefits to the Regional Infrastructure in Eastern Yukon Onyx Gold Corp. is pleased to reflect on a year of new gold discoveries, strategic acquisitions, and exploration milestones. 2024 marked a period of remarkable growth for Onyx Gold, solidifying its position as one of the leading explorers in the Timmins Gold Camp in Ontario and [...]
Surface sampling returns 25.1 g/t Gold from the Ra vein field Onyx Gold Corp. is pleased to announce the final results from the 2024 summer field program at the Company's King Tut Property , in Yukon's Tombstone Gold Belt . Highlights of the 2024 Summer Field Program The 2024 field program included soil and rock sampling, detailed geological and vein mapping, and reprocessing and inverting of airborne magnetic data [...]