Onyx Gold Drills 2.4 g/t Gold Over 73.2 Meters Including 12.4 g/t Gold Over 6.4 Meters in Deepest Intersection to Date at Argus North, Munro-Croesus Project

Original announcement by yahoo_press on

Company
Onyx Gold Corp.
Ticker
ONYX
Exchange
TSXV
Region
British Columbia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-08-21 03:21:29 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Onyx Gold has reported significant drill results at the Munro-Croesus Project, featuring a 73.2m intercept at 2.4 g/t gold. This represents the deepest intersection to date at Argus North, with high-grade samples up to 133.7 g/t gold observed.

Reasoning: The announcement reports a significant high-grade gold intercept (2.4 g/t over 73.2m) which represents the deepest intersection to date at the project, demonstrating successful depth extension.

Positive factors

  • deepest intersection to date
  • high-grade intercept
  • increasing grade at depth

Facts used in scoring: 3

Atlas analysis — Onyx Gold Corp.: Onyx Gold Drills 2.4 g/t Gold Over 73.2 Meters Including 12.4 g/t Gold Over 6.4 Meters in Deepest Intersection to Date at Argus North, Munro-Croesus Project. 2.4 g/t over 73.2 m; 133.7 g/t over 0.9 m; 12.4 g/t over 6.4 m

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The results represent the deepest intersection to date, indicating extension at depth.

Evidence · text

“Deepest Intersection to Date”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Drill Results (3)

Fact 1Munro-Croesus Project · goldGrade: 2.4Grade Unit: g/tIntercept: 73.2 mNeeds review: ungroundedView all details
Link to this fact

Identity

Project
Munro-Croesus Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
ONYX

Geometry

Grade
2.4
Grade Unit
g/t
Intercept
73.2 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Large width intercept at 2.4 g/t gold representing a depth milestone.

Positive factors

  • significant width
  • deepest intersection to date

Evidence · text

“2.4 g/t Gold Over 73.2 Meters”
Fact 2Munro-Croesus Project · goldGrade: 12.4Grade Unit: g/tIntercept: 6.4 mNeeds review: ungroundedView all details
Link to this fact

Identity

Project
Munro-Croesus Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
ONYX

Geometry

Grade
12.4
Grade Unit
g/t
Intercept
6.4 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Strong high-grade component within the larger intercept.

Positive factors

  • high grade sub-interval

Evidence · text

“Including 12.4 g/t Gold Over 6.4 Meters”
Fact 3Munro-Croesus Project · goldGrade: 133.7Grade Unit: g/tIntercept: 0.9 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Munro-Croesus Project
Commodity
gold
Region
canada_bc
Reported Region
British Columbia
Ticker
ONYX

Geometry

Grade
133.7
Grade Unit
g/t
Intercept
0.9 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Exceptionally high grade sample.

Positive factors

  • bonanza grade

Evidence · text

“Up to 133.7 g/t Gold over 0.9 Meters”

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.