Northwire Canada EditionTuesday, July 14, 2026
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WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%
Production / Operations Routine +

Onyx to Host Webinar on May 14, 2026 at 10:00am PT/1:00pm ET to Provide Update on Munro-Croesus Drill Program

Onyx Gold Expands Drill Program to 110k Meters as Strategic Backing Holds Steady Amid Price Consolidation

By The Northwire Desk — AI Analysis May 07, 2026 · 07:03 ONYX · 1.2 Onyx Gold Corp.
Executive Summary
  • Onyx Gold Corp. announced a webinar scheduled for May 14, 2026, to provide an update on its Munro-Croesus drill program.
  • The presentation will cover recent drilling results and geological developments from the ongoing 110,000-meter exploration campaign.
  • Approximately 50% of the fully funded drill program is scheduled for completion by year-end 2026.
  • Key discussion topics include expansion drilling at the Argus discovery area and priority targets along the Pipestone Fault corridor.
  • This follows the April 23, 2026 announcement where the company expanded its 2026 exploration program from 75,000 meters to 110,000 meters and added a fourth drill rig.
  • The company maintains a strong treasury of approximately $22 million as of late April 2026, fully funding the expansion.
Material Impact
  • The news is classified as Routine - Positive because it confirms the continuation of an already announced and funded exploration program rather than introducing new material discoveries or financing events.
  • The webinar serves to maintain investor confidence following a significant price correction from July 2025 highs, but does not alter the fundamental valuation immediately.
  • The underlying fundamentals remain strong with high-grade intercepts reported in recent months (e.g., Argus Main and North zones) and full funding secured through 2026.
  • No new dilution or financing is required for the immediate program, preserving shareholder value relative to previous capital raises.
  • The strategic backing from Windfall Mining Group (Gold Fields subsidiary) remains intact at approximately 9-10% ownership, providing a floor of confidence.
ONYX · Price
Company Overview
  • Onyx Gold Corp. is a discovery-focused explorer operating in Canada's premier gold jurisdictions (Timmins Camp, Ontario and Eastern Tombstone Gold Belt, Yukon).
  • Flagship Project: Munro-Croesus Project, 100%-owned, located 75 km east of Timmins, Ontario.
  • The project includes the historic Croesus Mine and newly discovered Argus North, Argus Main, and Argus West zones.
  • Land package consolidated to approximately 109 km² (10,921 ha) following recent acquisitions including Munro and Hewitt properties.
  • King Tut Property in Yukon serves as a secondary exploration target with high-grade surface sampling results.
Read the original news release →

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Jun 04, 2026 · 06:54

Onyx Gold extends the Argus system with broad intercepts as its 110km drill program accelerates in the Timmins camp.

Drill Results May 14, 2026 · 07:01

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Drill Results Apr 23, 2026 · 07:01

Onyx Gold Doubles Down on Timmins Drilling as Share Price Lags Discovery Pace

Production / Operations Mar 31, 2026 · 07:01

High-Grade Discoveries and Strategic Consolidation Drive Rapid Valuation Growth in the Timmins Gold Camp

Drill Results Feb 24, 2026 · 07:01

Onyx Gold transforms from junior explorer to district-scale contender as Argus North delivers consistent high-grade widths in the Timmins Camp.

Drill Results Feb 18, 2026 · 07:01

High-Grade Intercepts and Massive Treasury Fail to Shield Onyx Gold from Market Sell-Off Below Recent Financing Levels

Drill Results