Onyx follows Angus North discovery with multiple 100 gram-meter hits
Plus ( 1 ) Key land pieces newly consolidated within the Croesus Flow trend, and ( 2 ) Addition of Gold Fields as strategic investor. The Market is Noticing!
A triple play from Onyx Gold has sparked investor interest with
the latest Angus North 150 gram-meter high-grade drilling results,
the newly consolidated ‘Croesus Flow’ land claims, and
the revelation of Gold Fields as strategic investor
More 100 gram-meter discovery at Angus North
Onyx has followed up their Angus North discovery hole notably drilling two additional holes of over 150 gram-meters
discovery: 69.6 x 3.4 g/t Au = 136.54 gram-meters for hole #163
step out: 91 x 1.8g/t Au = 163.8 gram-meters for hole #168
step out: 59 x 2.5 g/t Au = 149.25 gram-meters for hole #171
With Three of four holes drilled so far at the Angus Zone hitting high-grade mineralization with a “grade thickness” of greater than 150 gram-meters Onyx has a strong indicator of potential
Among these holes are high grade intervals of 38.5 and 13.9 and 9.6 and 5.4 grams Au / tonne.
To have three such early high-grade results provides a strong outlook for Onyx at Angus North.
Gold mineralization at Argus North has been delineated between 100- and 200-meters vertical depth and remains open in all directions, including up-dip to surface.
Angus consolidate more centrallly-located Timmon’s land claims
Onyx also recently announced addition to its Munro property, in particular, further enhances the strategic value of our Munro-Croesus Project by expanding their footprint along the prospective 'Croesus Flow' — a key geological unit that hosts the historic high-grade Croesus Mine and the recently discovered GM Vein, just 350 meters away.
The ‘Croesus Flow’ is a trend bounded by Munro Fault zone and the Pipestone Fault zone, and runs on trend between ground of two Majors, i.e. Mayfair Gold’s Fenn-Gib project and McEwen Mining’s project.
Signaling the potential of Onyx’s ground, the immediate neighbors Mayfair — with resource MRE of 4.3 Moz — and McEwen producing 1.1 Moz cumulatively.
Announcement of Gold Fields as Strategic Investor
Onyx Gold announced that Gold Fields became a strategic investor on June 12, 2025. This investment was made through a subsidiary of Gold Fields Limited, and resulted in Gold Fields holding approximately 9.4% of Onyx Gold's issued and outstanding shares.