Spotlight on the Argus Zone – A Rapidly Emerging Gold System at Munro-Croesus Onyx Gold’s recent results at the Argus Zone continues to outline a growing, near-surface gold system with strong potential for bulk-tonnage mineralization. The most recent discovery, Argus North, expands the system significantly and remains open in all directions. MC24-163 drill highlights from Argus North: - 69.6m of 3.4 g/t Au - Including 34.5m of 5.4 g/t Au - Including 9.5m of 13.9 g/t Au This zone is hosted in the same variolitic mafic volcanics as Argus Main, where previous drilling outlined a ~750 x 200m mineralized footprint, including: - 63.3m of 0.99 g/t Au, incl. 17.4m of 2.2 g/t Au (MC24-166) - 136.0m of 0.54 g/t Au, incl. 4.5m of 4.88 g/t Au (MC22-110) Argus is positioned near existing infrastructure and mills in the Timmins Gold Camp — a key strategic advantage as Onyx continues to build scale and momentum. Explore more: https://lnkd.in/gP2G-eVQ #Gold #TimminsGoldCamp #GoldExploration #Mining #JuniorMining #GoldDrilling
Onyx Gold Corp.
Mining
Vancouver, British Columbia 2,189 followers
Discovery Driven Exploration in Premier Canadian Gold Districts
About us
Onyx Gold is an exploration company focused on well-established Canadian mining jurisdictions, with assets in Timmins, Ontario and Yukon Territory. The Company’s extensive portfolio of quality gold projects in the greater Timmins gold camp includes the Munro-Croesus Gold property, renowned for its high-grade mineralization, plus two additional earlier-stage large exploration properties, Golden Mile and Timmins South. Onyx Gold also controls four properties in Selwyn Basin area of Yukon Territory, which is currently gaining significance due to recent discoveries in the area. Onyx Gold's experienced board and senior management team are committed to creating shareholder value through the discovery process, careful allocation of capital, and environmentally/socially responsible mineral exploration.
- Website
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www.onyxgold.com
External link for Onyx Gold Corp.
- Industry
- Mining
- Company size
- 11-50 employees
- Headquarters
- Vancouver, British Columbia
- Type
- Public Company
- Founded
- 2023
Locations
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Primary
Vancouver, British Columbia, CA
Employees at Onyx Gold Corp.
Updates
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Unlocking the Next Chapter in Timmins Gold Exploration In the early 1900s, the Croesus Mine became one of Ontario’s highest-grade gold producers—averaging 95.3 g/t Au. Its discovery sparked a land rush, with surrounding patents quickly claimed and held in families for over a century. That fragmentation created an opportunity for consolidation—and that’s where Onyx Gold comes in. Over the past five years, Onyx Gold (TSXV: ONYX | OTCQX: ONXGF) has strategically assembled a 107 km² district-scale land package around the historic Croesus Mine—an area never before unified under a single exploration company. This consolidation is already paying off: - Three new discoveries since 2022: Argus Main, GM Vein, and Argus North - - Argus North (April 2025): 69.6m of 3.4 g/t Au, including 34.5m of 5.4 g/t Au - Part of the discovery made on a recently acquired patent claim—held privately for over 100 years - Strong pipeline with 35+ near-surface gold occurrences, with grades up to 2,500 g/t Au - All within 75 km of Timmins and near multiple mills with excess capacity By consolidating this historically fragmented region, Onyx has unlocked the ability to explore the Munro-Croesus Project on a meaningful scale—bringing modern exploration to one of Canada’s most prolific mining camps. Explore the Munro-Croesus Project and what’s next: https://lnkd.in/gnGnYJi6 #Gold #Timmins #GoldExploration #JuniorMining #CanadianMining #Discovery #Drilling
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What makes the Eastern Tombstone Gold Belt in the Yukon stand out? It’s one of Canada’s most exciting new gold districts—emerging quickly as a Tier-1 jurisdiction with large-scale potential. Onyx Gold holds 227 km² of prospective ground in the Selwyn Basin, adjacent to Snowline Gold’s 7.3 Moz Valley discovery and critical infrastructure improvements backed by both the Canadian Government and U.S. Department of Defense. Key Highlights: - Similar geology, style, and age to other multi-million-ounce gold systems in the belt - Golden Mask Target: 2,300 x 1,500 m gold-in-soil anomaly with a 700% increase in intrusion size following new geophysics - Ra Target: Historic intercept of 21m @ 1.0 g/t Au with 2024 surface sampling up to 25.1 g/t Au - Accessible via North Canol Road with expanding regional investment in critical minerals - Strategizing a 2025 field program As the Yukon gains momentum, Onyx offers strategic exposure in a growing Canadian gold district. Learn more about our Yukon exploration: https://lnkd.in/g9yB_Jre #GoldExploration #YukonMining #IntrusionRelatedGold #Gold #geology #discovery #TSXV $ONYX #OTCQX $ONXGF
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Onyx Gold: Momentum Building Following Timmins Discovery Onyx Gold’s share price has risen approximately 255% since early April, climbing from $0.22 to $0.78, as the market reacts to the major new discovery at the Munro-Croesus Project in Timmins, Ontario. The April 10th release announced the intersection of 69.6 metres of 3.4 g/t gold in drill hole MC24-163 at the Argus North Zone, including a higher-grade interval of 34.5 metres of 5.4 g/t gold, with subintervals of 13.9 g/t gold over 9.5 metres and 38.5 g/t gold over 3.0 metres. This broad zone of continuous mineralization, still open in all directions, highlights the potential for a significant new gold system along the Pipestone Fault corridor. Current stock metrics: - Share Price: $0.78 - Market Cap: $38.5 million - 90-Day Average Daily Traded Volume: 214,787 shares Despite the strong recent share price performance, Onyx Gold remains attractively valued relative to peers, with follow-up drilling at Argus North and other high-priority targets have the potential to continue driving momentum. Learn more about the discovery and growth strategy: www.onyxgold.com #Stock #investmentopportunity #GoldExploration #TimminsGoldCamp #JuniorMining #Mining #Gold
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Warrant Acceleration Supports Upcoming Drilling at Argus North Onyx Gold (TSX-V: ONYX | OTCQX: ONXGF) has announced the acceleration of warrant expiration following strong market performance and shareholder support. With proceeds from early exercises already received, this move strengthens Onyx’s treasury ahead of its next drill campaign. Key Details: - Warrants originally issued on July 6, 2023 (amended January 29, 2025) are now subject to accelerated expiry. - The trigger: ONYX shares closed above $0.375 for 10 consecutive trading days, ending April 24, 2025. - Accelerated expiry date set for May 24, 2025 at 5:00 p.m. ET. - Substantial shareholder participation to date—gross proceeds to reach approximately $2.14 million. - Funds will support exploration drilling at the Argus North target in the Timmins Gold Camp, scheduled to begin in early May. This funding milestone provides additional momentum as Onyx Gold prepares to advance exploration on what could be a significant new gold discovery in one of Canada’s most prolific mining jurisdictions. Read the full news release: https://lnkd.in/dbDRTKUp #OnyxGold #GoldExploration #WarrantAcceleration #TimminsGoldCamp #MiningFinance #TSXV #JuniorMining
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Gold just surged past $3,400/oz—setting yet another all-time high. Spot prices hit $3,433 on April 22nd, fueled by continued safe-haven demand, a weaker U.S. dollar, and rising geopolitical risk. Gold is now up 27% year-to-date, marking one of the strongest rallies in decades. - Spot gold: $3,429.83 - June futures: $3,416.90 - ETF inflows climbing for 12 straight weeks - Central banks continue aggressive gold buying - Analysts see potential upside to $4,000 in 2025 In this price environment, high-quality gold exploration assets in Tier-1 jurisdictions stand out. Onyx Gold (TSXV: ONYX | OTCQX: ONXGF) holds 100% of a 442 km² land package in the Timmins Gold Camp—Canada’s most productive gold district—and 227 km² in Yukon’s emerging Eastern Tombstone Gold Belt. Key recent results from Timmins: - 69.6m of 3.4 g/t Au at Argus North - 63.3m of 1.0 g/t at Argus Main - 0.9m of 121.9 g/t Au at the GM Vein With strong discoveries, drill plans in place, and proximity to underutilized milling infrastructure in the Timmins region, Onyx Gold is positioned to benefit from a rising gold price. Learn more: https://lnkd.in/g2QSd_Dq #Gold #GoldExploration #Timmins #JuniorMining #Mining #GoldPrice
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Timmins South: Strategic Land in a Growing Gold Exploration Hub Onyx Gold’s 100%-owned Timmins South property covers 195 km² just south of the Dome and Pamour Mines—an area seeing renewed exploration interest. This early-stage project is part of Onyx’s 442 km² land position in the Timmins Gold Camp. Timmins South Highlights: • Located in the heart of Canada’s top gold-producing region • Prospective for intrusion-related and orogenic gold systems • Hosts monzonite intrusions and banded iron formations associated with high-grade gold • Historical grab samples up to 766.2 g/t Au • Exploration to date includes mapping, soil sampling, and drone-based surveys Timmins is emerging as a new hotspot for discovery, with recent M&A activity and excess milling capacity ready for new feed. Onyx is positioned to capitalize—with the scale, team, and assets to lead the next wave of exploration success. View the Timmins South map and learn more: https://lnkd.in/gR9WUCiM #Gold #TimminsGoldCamp #GoldExploration #TimminsSouth #MiningOntario #Discovery #Gold
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Consistency of mineralization in drill hole MC24-163 highlights the potential at Argus North. The 34.5-meter interval averaging 5.4 g/t gold in MC24-163 is characterized by consistent high- grade results across much of the section — not just isolated high-grade samples. From 265.5m to 300.0m, multiple samples returned over 1 g/t Au, including: - 76.4 g/t Au (293–294m) - 28.1 g/t Au (294–295m) - 11.2 g/t Au (269.3–270m) - 10.9 g/t Au (292–293m) The consistent grade distribution over tens of meters supports the presence of continuous gold mineralization within the zone. This discovery hole is the first to test the Argus North Zone, which remains open in all directions. Additional drilling is planned to assess continuity towards the surface and at depth, as well as along strike. Learn more about Onyx’s Munro-Croesus project here https://onyxgold.com #GoldExploration #DrillResults #TimminsGoldCamp #Gold #Discovery #Results #ExplorationUpdate #CoreSamples
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Have you seen the results that are driving the excitement around Onyx Gold? Drill hole MC24-163 at the newly discovered Argus North Zone returned some of the best early-stage gold results reported in the greater Timmins camp in recent years: * 3.4 g/t Au over 69.6m * Including 13.9 g/t Au over 9.5m * Including 38.5 g/t Au over 3.0m Visible gold was logged in core between 293.0–294.0m, which assayed 76.4 g/t Au over the 1m interval. This new zone is hosted in variolitic mafic volcanics, lies just 100m north of the main Argus Zone, and remains completely open in all directions. Follow-up drilling is planned to extend the zone towards surface and depth, as well as along strike. Explore the full discovery: https://lnkd.in/gcE-VtMw #VisibleGold #DrillResults #GoldExploration #TimminsGoldCamp #HighGradeGold #OnyxGold #TSXV #JuniorMining
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The Onyx Gold team had a productive weekend at the 13th Annual Scottsdale Capital Event, where CEO Brock Colterjohn and Nicole Hoeller held 18 one-on-one meetings with investors and capital markets professionals over two days of networking and discussion. There was strong interest in Onyx Gold’s recent news release highlighting the company’s new gold discovery in Timmins and upcoming drill plans. Investors were particularly excited about the scale potential at the Munro-Croesus Project and the opportunity to advance new targets in the Timmins Gold Camp and Yukon. Thank you to CEM for a successful event. #GoldExploration #TimminsGoldCamp #Discovery #DrillResults #CEMEvents #OnyxGold #TSXV $ONYX #OTCQX $ONXGF
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