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Onyx Gold Launches 2024 Spring Drill Program at the Munro-Croesus Gold Project in Ontario

Onyx Gold Corp.
3 subscribers
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77 views 1 year ago #gold #Mining #Ontario
Spring Drill Program Announcement! Onyx Gold Corp. has officially launched its 2024 Spring Drill Program at the Munro-Croesus Gold Project in Timmins, Ontario. The program, announced by CEO Brock Colterjohn, marks a significant step forward for the company's exploration efforts in one of Canada's premier gold mining jurisdictions. With a focus on high-grade targets, particularly the GM Vein, Onyx Gold aims to expand known mineralization and identify new gold-rich zones within the project area. Key highlights of the Spring Drill Program include: -A budget of $800k allocated for 3,000 meters of diamond drilling, with one drill rig mobilized to site. -Approximately 50% of the drill meterage dedicated to expanding the high-grade GM Vein discovered in the 2023 Fall Drill Program, with the remaining meterage focused on the bulk-tonnage-style Argus Zone. -The company's strong financial position, with over $4.2M in cash and marketable securities, ensur …...more
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Onyx Gold Launches 2024 Spring Drill Program at the Munro-Croesus Gold Project in Ontario
3Likes
77Views
2024Mar 26
Spring Drill Program Announcement! Onyx Gold Corp. has officially launched its 2024 Spring Drill Program at the Munro-Croesus Gold Project in Timmins, Ontario. The program, announced by CEO Brock Colterjohn, marks a significant step forward for the company's exploration efforts in one of Canada's premier gold mining jurisdictions. With a focus on high-grade targets, particularly the GM Vein, Onyx Gold aims to expand known mineralization and identify new gold-rich zones within the project area. Key highlights of the Spring Drill Program include: -A budget of $800k allocated for 3,000 meters of diamond drilling, with one drill rig mobilized to site. -Approximately 50% of the drill meterage dedicated to expanding the high-grade GM Vein discovered in the 2023 Fall Drill Program, with the remaining meterage focused on the bulk-tonnage-style Argus Zone. -The company's strong financial position, with over $4.2M in cash and marketable securities, ensuring the successful completion of the program. In this video, CEO Brock Colterjohn provides more information on the program. He expresses enthusiasm for the program, emphasizing its potential to uncover additional bonanza-grade gold mineralization. The Spring Drill Program comes at an opportune time, with a current uptick in gold prices and renewed interest in gold equities. Thank you to our shareholders for their continued support. Stay tuned for ongoing updates and assay results as Onyx Gold continues its exploration endeavors at the Munro-Croesus Gold Project. Read more in the official new release here: https://onyxgold.com/onyx-gold-launch... #OnyxGold #GoldExploration #TimminsGold #Ontario #Mining #gold

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Onyx Gold Corp.

3 subscribers