# Onyx Gold Extends Argus North to More than 700 Metres Depth with 3.5 g/t Gold over 28.1 Metres

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/onyx-gold-extends-argus-north-to-more-than-700-metres-depth-with-3-5-g-t-gold-ov--0efa38bc-c2fa-4266-9623-a941aaf8c6f7

Original source: https://finance.yahoo.com/markets/commodities/articles/onyx-gold-extends-argus-north-110000779.html

Publisher: yahoo\_press

Original announcement: 2026-07-16T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Onyx Gold Corp.

- Ticker: ONYX

- Exchange: TSXV

- Region: Ontario

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-20 20:23:48 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Onyx Gold has extended gold mineralization at the Munro-Croesus Project, reaching depths of over 700 metres at Argus North. Key results include 3.5 g/t gold over 28.1 metres and new step-out drilling intersecting 2.6 g/t gold over 7.3 metres.

Reasoning: The announcement reports significant depth extension at Argus North with a high-grade intercept \(3.5 g/t Au over 28.1m\) and successful step-out drilling northeast.

- Positive factor: significant depth extension

- Positive factor: strong intercept width

Facts used in scoring: 3

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: New drilling 250m northeast intersects mineralization.

Evidence · text

> New Drilling 250 Meters Northeast Intersects 2.6 g/t Gold over 7.3 Meters

## Extracted facts

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

## Drill Results (3)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/onyx-gold-extends-argus-north-to-more-than-700-metres-depth-with-3-5-g-t-gold-ov--0efa38bc-c2fa-4266-9623-a941aaf8c6f7#fact-drill-facts-0)

Munro-Croesus Project · gold

Needs review: ungrounded

#### Identity

- Project: Munro-Croesus Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: ONYX

#### Geometry

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

#### Classification

- Sample Type: drill

#### Review

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

#### Dates

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

Reasoning: 3.5 g/t over 28.1m is a strong intercept for an exploration-stage project.

- Positive factor: strong grade-width product

Evidence · text

> 3.5 g/t Gold over 28.1 Metres

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/onyx-gold-extends-argus-north-to-more-than-700-metres-depth-with-3-5-g-t-gold-ov--0efa38bc-c2fa-4266-9623-a941aaf8c6f7#fact-drill-facts-1)

Munro-Croesus Project · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Munro-Croesus Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: ONYX

#### Geometry

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

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: 1.0 g/t over 93m provides significant tonnage potential.

- Positive factor: large width

Evidence · text

> Argus Main Returns 1.0 g/t Gold over 93.0 Meters

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/onyx-gold-extends-argus-north-to-more-than-700-metres-depth-with-3-5-g-t-gold-ov--0efa38bc-c2fa-4266-9623-a941aaf8c6f7#fact-drill-facts-2)

Munro-Croesus Project · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Munro-Croesus Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: ONYX

#### Geometry

- Grade: 2.6
- Grade Unit: g/t
- Intercept: 7.3 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

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

Reasoning: New drilling 250m northeast shows successful extension of mineralization.

- Positive factor: step-out success

Evidence · text

> New Drilling 250 Meters Northeast Intersects 2.6 g/t Gold over 7.3 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.