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 [...]
Onyx Gold Corp. announces that it has granted incentive stock options under the Company's Omnibus Share Incentive Plan to officers, directors, employees, and consultants of the Company. An aggregate of 1,650,000 Options were granted at an exercise price of $0.20 per share for a period of five years. All of the Options are subject to vesting over the first 24 months. The Options are being issued following the Company's [...]
Onyx Gold Corp. is pleased to announce that it has entered into an agreement to acquire a property consisting of one mining lease and four unpatented mining claims from an arm's length party located in the Matheson area, east of Timmins, Ontario. The Property is contiguous with the Company's Munro-Croesus Property which will total 10,588 ha following the acquisition. Under the terms of the agreement, the Company will pay [...]
Including 7.14 g/t Gold over 4.5 Meters and 4.05 g/t Gold over 10.0 Meters Onyx Gold Corp. is pleased to announce the final results from the Company's earlier drilling campaign at its Munro-Croesus Project in the Timmins gold camp, Ontario . Assay results from the final drill hole of the Company's 2024 drill Program returned a new wide zone of strong gold mineralization located immediately north of the main Argus Zone [...]
Onyx Gold Corp. is pleased to announce that it has completed the acquisition of a portfolio of Properties from an arm's length party located in the Matheson area, east of Timmins, Ontario. The Matheson portfolio, consisting of four properties , increases the Munro-Croesus Property to 10,411 ha , a 12% increase . This adds substantial exploration potential across this relatively underexplored yet highly prospective section [...]