# Assays Hint At Size Depth Of Onyx Golds Argus System

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/assays-hint-at-size-depth-of-onyx-golds-argus-system--373fcabf-84cb-4716-8a3c-e681b67730dc

Original source: https://www.canadianminingjournal.com/news/assays-hint-at-size-depth-of-onyx-golds-argus-system/

Publisher: canadianminingjournal

Original announcement: 2026-07-16T17:29:03.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Onyx Gold

- Ticker: ONYX

- Exchange: Unavailable

- Region: Ontario, Canada

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Other

- Extracted: 2026-08-20 20:22:27 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Onyx Gold has reported drill results from its Munro-Croesus project in Ontario that extend gold mineralization at the Argus North and Main targets. The results include high-grade intercepts at depth and the identification of a new potentially gold-bearing zone.

Reasoning: Significant drill intercepts at depth extending known targets and identifying new zones in a large-scale exploration program.

- Positive factor: extension of mineralization at depth

- Positive factor: high-grade intercepts reported

- Positive factor: new potentially gold-bearing zone identified

- Negative factor: shares fell slightly on news

Facts used in scoring: 7

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drill results have extended gold mineralization at the Argus North and Main targets.

Evidence · text

> have extended gold mineralization at the Argus North and Main targets

## Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

## Drill Results (7)

### MC26-274A

[Link to this fact](https://atlas-staging.minestarters.com/news/assays-hint-at-size-depth-of-onyx-golds-argus-system--373fcabf-84cb-4716-8a3c-e681b67730dc#fact-drill-facts-0)

Munro-Croesus · gold

#### Identity

- Hole ID: MC26-274A
- Project: Munro-Croesus
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: ONYX

#### Geometry

- Grade: 3.5
- Grade Unit: g/t
- Intercept: 28.1 m
- From: 380 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MC26-274A:380.0-408.1

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-16T00:00:00.000Z

Reasoning: Solid gold intercept extending mineralization at depth.

- Positive factor: strong grade and width

Evidence · text

> MC26-274A, from Argus North, cut 28.1 metres grading 3.5 grams gold per tonne from 380 metres depth

### MC26-274A

[Link to this fact](https://atlas-staging.minestarters.com/news/assays-hint-at-size-depth-of-onyx-golds-argus-system--373fcabf-84cb-4716-8a3c-e681b67730dc#fact-drill-facts-1)

Munro-Croesus · gold

#### Identity

- Hole ID: MC26-274A
- Project: Munro-Croesus
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: ONYX

#### Geometry

- Grade: 5.3
- Grade Unit: g/t
- Intercept: 17.8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MC26-274A:380.0-408.1

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-16T00:00:00.000Z

Reasoning: High-grade component within a larger intercept.

- Positive factor: high-grade sub-interval

Evidence · text

> including 17.8 metres at 5.3 grams gold

### MC26-324

[Link to this fact](https://atlas-staging.minestarters.com/news/assays-hint-at-size-depth-of-onyx-golds-argus-system--373fcabf-84cb-4716-8a3c-e681b67730dc#fact-drill-facts-2)

Munro-Croesus · gold

#### Identity

- Hole ID: MC26-324
- Project: Munro-Croesus
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: ONYX

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 93 m
- From: 316 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MC26-324:316.0-409.0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-16T00:00:00.000Z

Reasoning: Wide intercept demonstrating continuity at depth.

- Positive factor: significant width

Evidence · text

> hole MC26-324 returned 93 metres at 1 gram gold from 316 metres downhole

### MC26-324

[Link to this fact](https://atlas-staging.minestarters.com/news/assays-hint-at-size-depth-of-onyx-golds-argus-system--373fcabf-84cb-4716-8a3c-e681b67730dc#fact-drill-facts-3)

Munro-Croesus · gold

#### Identity

- Hole ID: MC26-324
- Project: Munro-Croesus
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: ONYX

#### Geometry

- Grade: 2
- Grade Unit: g/t
- Intercept: 20 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MC26-324:316.0-409.0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-16T00:00:00.000Z

Reasoning: Higher grade component within the wide intercept.

- Positive factor: high-grade sub-interval

Evidence · text

> including 20 metres grading 2 grams gold

### MC26-324

[Link to this fact](https://atlas-staging.minestarters.com/news/assays-hint-at-size-depth-of-onyx-golds-argus-system--373fcabf-84cb-4716-8a3c-e681b67730dc#fact-drill-facts-4)

Munro-Croesus · gold

#### Identity

- Hole ID: MC26-324
- Project: Munro-Croesus
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: ONYX

#### Geometry

- Grade: 3
- Grade Unit: g/t
- Intercept: 6 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MC26-324:316.0-409.0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-16T00:00:00.000Z

Reasoning: High-grade component within the wide intercept.

- Positive factor: high-grade sub-interval

Evidence · text

> and 6 metres at 3 grams gold

### MC26-271

[Link to this fact](https://atlas-staging.minestarters.com/news/assays-hint-at-size-depth-of-onyx-golds-argus-system--373fcabf-84cb-4716-8a3c-e681b67730dc#fact-drill-facts-5)

Munro-Croesus · gold

#### Identity

- Hole ID: MC26-271
- Project: Munro-Croesus
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: ONYX

#### Geometry

- Grade: 3.5
- Grade Unit: g/t
- Intercept: 19 m
- From: 409 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MC26-271:409.0-428.0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-16T00:00:00.000Z

Reasoning: Strong intercept at depth.

- Positive factor: strong grade and width

Evidence · text

> 19 metres at 3.5 grams gold from 409 metres depth in hole MC26-271

### MC26-271

[Link to this fact](https://atlas-staging.minestarters.com/news/assays-hint-at-size-depth-of-onyx-golds-argus-system--373fcabf-84cb-4716-8a3c-e681b67730dc#fact-drill-facts-6)

Munro-Croesus · gold

#### Identity

- Hole ID: MC26-271
- Project: Munro-Croesus
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario, Canada
- Ticker: ONYX

#### Geometry

- Grade: 8.3
- Grade Unit: g/t
- Intercept: 6.6 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: MC26-271:409.0-428.0

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-16T00:00:00.000Z

Reasoning: High-grade component within the intercept.

- Positive factor: high-grade sub-interval

Evidence · text

> including 6.6 metres grading 8.3 grams gold

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
