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.
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.
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 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.