Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Onyx Gold Confirms Western Expansion at Argus North with 2.3 g/t Gold Over 70.3 Meters, Including 28.6 Meters of 4.7 g/t Gold

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

By The Northwire Desk — AI Analysis Feb 24, 2026 · 07:01 ONYX · 1.61 Onyx Gold Corp.
Executive Summary

The most recent news (February 24, 2026) confirms a significant western expansion of the Argus North Zone at the Munro-Croesus Project. Drill hole MC25-242EXT returned 70.3 meters grading 2.3 g/t Au, which includes a high-grade core of 28.6 meters at 4.7 g/t Au. This result is critical because it demonstrates vertical continuity to over 400 meters depth and strike continuity over 225 meters. The mineralization remains open in all directions, specifically down-plunge to the west-northwest.

Material Impact

This news is Material - Positive. - System Continuity: The results confirm that Argus North is not a localized "pocket" but a continuous, predictable system. Intersecting 70 meters of >2 g/t gold is an exceptional result for the Timmins camp, where many modern discoveries are narrower. - Grade Consistency: The inclusion of 28.6m of 4.7 g/t Au suggests a robust high-grade core that could significantly impact the economics of a future resource estimate. - Validation of Model: The success of the "Western Extension" drilling validates management’s geological thesis that the system plunges and strengthens to the west. - Scale: Combined with the February 18 news of 59.7m of 1.0 g/t Au at Argus Main, the company is successfully proving two parallel styles of mineralization: high-grade (North) and bulk-tonnage (Main).

ONYX · Price
Company Overview

Onyx Gold is a Canadian explorer focused on the Abitibi Greenstone Belt (Ontario) and the Selwyn Basin (Yukon). - Flagship Project: The Munro-Croesus Project (109 sq km) located 75km east of Timmins. It hosts the historic high-grade Croesus Mine. - Key Discovery: The Argus Zone, located 3km west of the historic mine, which has evolved into two distinct zones (North and Main) along the regional Pipestone Fault.

Read the original news release →

More from Onyx Gold Corp.

Oct 26, 2026 · 06:31

Onyx reports 166 m at 0.7 g/t at Argus Main, while new intersections at Big Break and JM remain lean.

Drill Results Oct 05, 2026 · 06:31

Onyx confirms gold at Flipper three kilometres south, though the 0.7 g/t grade represents optionality rather than defined tonnage.

Drill Results Sep 17, 2026 · 06:31

Onyx secures Argus land and access rights, though no new assay results were released to impact the project's economic outlook.

Drill Results Aug 19, 2026 · 06:31

Onyx’s Argus Main intersection returned visible gold but lacks the width and grade to be considered a mine-making discovery.

Drill Results Jul 16, 2026 · 07:02

Onyx’s Argus North depth extension reveals a deeper, lower-grade core within the system, with grades and widths remaining undisclosed.

Drill Results 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