Onyx Gold Corp.

On Site at Munro-Croesus: Advancing Discovery at Argus North Last week, the Onyx Gold team hosted Shannon Gill, Research Analyst at Cormark Securities, and David Rhys, Consulting Structural Geologist at Panterra Geoservices, for a site visit to the Munro-Croesus Project in the Timmins Gold Camp. CEO Brock Colterjohn and VP Exploration Conor McKinley led the tour, which included a visit to the active drill program and a deep dive into the core shack. The visit centered around follow-up drilling at the Argus North Zone—a new high-grade gold discovery announced in 2024 with 69.6 m of 3.4 g/t Au, including 34.5 m of 5.4 g/t Au. The team also discussed broader exploration plans across the project, which includes over 35 near-surface prospects. It was a productive and energizing day on site, with shared excitement around the potential of ongoing drilling and the upcoming results. Learn more about our work in Timmins: https://lnkd.in/drkG7EFN #GoldExploration #TimminsGoldCamp #OnyxGold #MunroCroesus #Drilling #GoldDiscovery #TSXV #OTCQX

Follow-Up Drilling Begins at Argus North as Onyx Gold Launches 10,000-metre Spring Program Onyx Gold (TSX-V: ONYX | OTCQX: ONXGF) has officially mobilized drills and kicked off its Spring 2025 drill program in the Timmins Gold Camp. The program will prioritize follow-up work at the Argus North discovery—where a single hole returned 3.4 g/t gold over 69.6 metres, including 13.9 g/t over 9.5 metres—and will also include testing new targets at Golden Mile. Key Highlights: - A 10,000-metre spring drill program is now underway across Onyx Gold’s Timmins, Ontario projects. - Primary focus is follow-up drilling at the Argus North discovery (Munro-Croesus), open in all directions. - Initial drilling will step out from discovery hole MC24-163 on 50-metre spacings to test for continuity and scale. - Phase 1 includes re-entering holes MC23-140 and MC24-164, and extending MC24-163 to fully assess mineralization. - Phase 2 plans larger step-outs and first-ever drilling at Argus West to evaluate district-scale potential. - ~1,500 metres will test Golden Mile, targeting a northern splay of the Pipestone Fault near the Hoyle Pond deposit. With two drill rigs active—one at Munro-Croesus and one at Golden Mile—Onyx Gold is well-positioned to build on recent momentum. Results from this work will guide next steps as the Company advances its high-grade targets in one of Canada’s most productive gold camps. Read the full news release: https://lnkd.in/gW2cwBCh #TimminsGoldCamp #GoldExploration #OnyxGold #MunroCroesus #ArgusNorth #GoldenMile #TSXV #DrillProgram #GoldInvesting

Onyx Gold Upsizes Financing to $11M with Strong Market Support Onyx Gold (TSX-V: ONYX | OTCQX: ONXGF) has announced an increase to its previously disclosed financing, now totaling approximately $11 million, to support ongoing exploration in Ontario and Yukon. Updated financing details include: - $5M from 5,000,000 flow-through shares at $1.00 (Tranche 1) - $3.038M from 3,100,000 flow-through shares at $0.98 (Tranche 2) - $3M non-brokered private placement at $0.85 with a strategic investor - Total gross proceeds expected: ~$11.038M Proceeds from both flow-through tranches will fund eligible Canadian exploration expenses through December 2026. This upsized financing further strengthens Onyx’s balance sheet and positions the Company to execute its 2025 exploration plans across key gold assets in the Timmins Gold Camp and Yukon’s Selwyn Basin. Read the full news release here: https://lnkd.in/gjb6_9XP #OnyxGold #MiningFinance #GoldExploration #TimminsGoldCamp #YukonMining #TSXV #JuniorMining

Strategic $8M Financing to Advance Onyx Gold’s Exploration Onyx Gold (TSX-V: ONYX | OTCQX: ONXGF) has announced a combined $8 million in financing, supporting continued exploration across its Canadian gold projects, specifically the Munro-Croesus Project in Timmins Gold Camp Ontario. Highlights from the announcement: - $5M bought deal for 5,000,000 flow-through shares at $1.00 per share - $3M non-brokered private placement of 3,490,343 common shares at $0.85 per share - Strategic investor’s pro-forma ownership to increase to 9.9% of issued and outstanding shares - Flow-through proceeds to fund eligible critical mineral exploration in Ontario and Yukon - Non-flow-through proceeds to support general exploration and corporate activities This financing strengthens Onyx Gold’s position as it continues to advance high-priority targets at the Munro-Croesus Project in Timmins and its growing portfolio in the Yukon. Next steps include follow-up drilling at Argus North, Argus Main, and the GM Vein, as well as ongoing mapping and sampling across newly acquired claims. Read the full news release here: https://lnkd.in/gKpVpGk9 #GoldExploration #TimminsGoldCamp #Exploration #MiningNews #MiningFinance #OnyxGold #JuniorMining

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

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

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

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

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

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