Onyx Gold Intersects 91 Meters of 1.8 g/t Gold, including 17 Meters of 5.3 g/t Gold in First Step-Out at Argus North Discovery, Munro-Croesus Project
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce the first drill results of from the Company's 10,000-meter spring drill program (the "Program') at the Argus North Zone ("Argus North"), a newly identified gold zone located on its 100% owned Munro-Croesus Project ("Munro-Croesus" or the "Project"), 75 km east of Timmins, Ontario. Results are reported for two new step-out holes and the extension of two existing holes (Tables...
2025-06-26 7:00 AM EDT
Onyx Gold Continues to Consolidate Key Ground at Munro-Croesus with Strategic Acquisitions
Total Project Land Holdings Expanded to 109 km2 to cover Key Geological Real EstateVancouver, British Columbia--(Newsfile Corp. - June 24, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) is pleased to announce that it has signed mineral property purchase and sale agreements (the "Purchase Agreements") with two separate arm's length private vendors through its wholly-owned subsidiary to acquire a 100% interest in the Munro property (the "Munro Property") and Hewitt property (the "Hewitt Property", and collectively with the Munro Property, the "Properties")...
2025-06-24 7:00 AM EDT
Onyx Gold Reports Second Drill Turning at the Munro-Croesus Project; Welcomes Gold Fields as a Strategic Investor
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased provide an update on its ongoing exploration efforts at its 100%-owned Munro-Croesus Project ("Munro-Croesus" or the "Project"), located 75 km east of Timmins, Ontario (Figure 1).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...
2025-06-12 7:00 AM EDT
Onyx Gold Closes Second Tranche of Non-Brokered Private Placement Financing with Strategic Investors
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") announces closing of the second and final tranche of its previously announced non-brokered private placement (the "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" (within the meaning of subsection 66(15) of Income Tax Act (Canada) (the "Tax Act")) (the "FT Shares") at a price of $1.19 per FT...
2025-06-06 9:34 AM EDT
Onyx Announces Closing of its Previously Announced $3 Million Financing Investment by Strategic Investor
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") announces closing of the first tranche of its previously announced non-brokered private placement with a strategic investor (the "Private Placement") of 3,490,343 common shares of the Company ("Shares") 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...
2025-05-29 1:06 PM EDT
Onyx Announces Closing of $8 Million Financing and Increases Non-Brokered Offering with Strategic Investors
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") announces closing of its previously announced $8,038,000 "bought deal" private placement (the "Offering") of (a) 5,000,000 common shares of the Company that qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Tax Act (as defined below)) (the "Tranche 1 FT Shares") at a price of $1.00 per Tranche 1 FT Share for aggregate gross proceeds of $5,000,000, and...
2025-05-22 10:34 AM EDT
Onyx Gold Mobilizes Drill Rig and Outlines Targets for 10,000-Meter Timmins Spring Drill Program
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce plans for a 10,000-meter Spring Drill Program (the "Program") at its Timmins, Ontario properties. The primary focus of the program is to follow-up on the recently reported Argus North discovery ("Argus North"), at the Company's 100% owned Munro-Croesus Project ("Munro-Croesus") located 75 km east of Timmins, Ontario (Figure 1). To date, this new zone of...
2025-05-09 7:30 AM EDT
Onyx Announces an Increase to Its Previously Announced Financing to $11 Million with the Addition of a $3 Million Second Tranche of Flow-Through Shares
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce that in connection with its previously announced $3,000,000 non-brokered private placement with a strategic investor (the "Concurrent Private Placement") 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 (collectively, the "Underwriters"), have agreed to add a second tranche of...
2025-05-08 5:25 PM EDT
Onyx Arranges $3 Million Investment by Strategic Investor and Concurrent $5 Million Bought Deal Financing
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") 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 (collectively, the "Underwriters"), in connection with a "bought deal" private placement of 5,000,000 common shares of the Company that qualify as "flow-through shares" (within the meaning of subsection 66(15) of...
2025-05-07 6:38 PM EDT
Onyx Gold Announces Warrant Acceleration and over $1 Million Exercised to Date
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") announces today the acceleration of the expiry of outstanding common share purchase warrants (the "Warrants") of the Company that were originally issued July 6, 2023 and amended January 29, 2025 (see news release, Jan 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...
2025-04-24 6:49 PM EDT
Onyx Gold Intersects 3.4 g/t Gold Over 69.6 Meters Including 5.4 g/t Gold over 34.5 Meters at Munro-Croesus Project and Announces Option Agreement
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") 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 ("m") north of the main Argus Zone trend at its 100% owned Munro-Croesus Project ("Munro-Croesus" or the "Project"), 75 km east of Timmins, Ontario. In addition, the Company has signed an option agreement (the...
2025-04-10 6:30 AM EDT
Onyx Gold Announces Proposed Warrant Amendments and Corporate Updates
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") announces that it intends to amend the exercise price of 7,143,999 common share purchase warrants (the "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 (a "Share") at a price of $0.75 for 24 months from the date...
2025-01-29 6:30 AM EST
Onxy Gold Corp Recaps 2024 Exploration Work
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) 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 the Eastern Tombstone Gold Belt in the Yukon. With a clear focus on advancing key assets, the Company expanded its footprint,...
2024-12-19 8:00 AM EST
Onyx Gold Confirms High-Grade Gold at King Tut Property, Yukon
Vancouver, British Columbia--(Newsfile Corp. - November 11, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce the final results from the 2024 summer field program at the Company's King Tut Property ("King Tut" or the "Property"), in Yukon's Tombstone Gold Belt (Figure 1). Highlights of the 2024 Summer Field ProgramThe 2024 field program included soil and rock sampling, detailed geological and vein mapping, and reprocessing and inverting of airborne magnetic data...
2024-11-11 8:00 AM EST
Onyx Gold Issues Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") announces that it has granted incentive stock options (the "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...
2024-10-04 3:11 PM EDT
Onyx Acquires Additional Mineral Property in Timmins Camp
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("ONYX" or the "Company") 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 ("Munro-Croesus" or the "Project") which will total 10,588 ha (105.8 km2) following...
2024-09-24 9:42 PM EDT
Onyx Gold Intersects 1.87 g/t Gold Over 48.1 Meters at the Argus Zone, Munro-Croesus Project, Timmins, Ontario
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce the final results from the Company's earlier drilling campaign at its Munro-Croesus Project ("Munro-Croesus" or the "Project") in the Timmins gold camp, Ontario (Figure 1). Assay results from the final drill hole of the Company's 2024 drill Program (the "Program") returned a new wide zone of strong gold mineralization located immediately north of the main Argus...
2024-09-10 7:00 AM EDT
Onyx Gold Bolsters Munro-Croesus Land Position with Large New Acquisition in Timmins, Ontario
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce that it has completed the acquisition of a portfolio of Properties (the "Property") from an arm's length party (the "Vendor") located in the Matheson area, east of Timmins, Ontario.The Matheson portfolio, consisting of four (4) properties (Highway, Tax, Hewitt, and Munro), increases the Munro-Croesus Property ("Munro-Croesus" or the "Project") to 10,411 ha (104 km2), a...
2024-09-09 8:31 PM EDT
Onyx Gold Intersects 1.0 g/t Gold over 63.3 Meters in 50 m Step-Out on the Argus Zone at Its Munro-Croesus Project, Timmins, Ontario
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx" or the "Company") is pleased to announce results from four drill holes completed during its 2024 Spring Drill Program (the "Program") at its Munro-Croesus Project ("Munro-Croesus" or the "Project") in the Timmins gold camp, Ontario (Figure 1).The four drill holes reported today were completed at the Argus Zone, a near-surface bulk tonnage target located three kilometers ("km") northwest of the past-producing Croesus Gold Mine....
2024-06-17 7:00 AM EDT
Onyx Gold Receives Drill Permit for King Tut Project and Provides 2024 Exploration Program Update
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2024) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce that it has received its approved Quartz Class 1 Notification for the King Tut Property ("King Tut," "Project" or "Property"), in Yukon's Tombstone Gold Belt (Figure 1). The Company also provides an update on its preliminary summer exploration plans for the Project, including the newly acquired WEAS claims.HighlightsOnyx Gold has received its Quartz Class 1 Notification for the...
2024-06-06 7:00 AM EDT