Onyx Gold Expands Munro-Croesus Drill Program to 110,000 Meters; Adds Fourth Drill Rig
Onyx Gold expanded its 2026 Munro‑Croesus drill program from 75,000 m to 110,000 m and added a fourth drill rig, accelerating delivery of results and increasing near‑term newsflow. The program is fully funded (treasury ~US$22M) with more than 50,000 m (135 holes) completed to April 22, 2026 and ~60,000 m remaining. Onyx highlights lateral and vertical continuity at its Argus Zones (over ~1,400 m strike and >500 m depth) and several high‑grade intercepts (e.g., 73.2 m @ 2.4 g/t Au including 12.0 m @ 5.7 g/t and 6.1 m @ 12.4 g/t). Management frames the expansion as a district‑scale exploration effort across 109 km² and 8 km of the Pipestone Fault corridor, signaling multiple catalysts ahead (drill batches, drone mag survey, webinar). Market impact: the move is a bullish operational milestone for gold exposure—supporting investor interest in Onyx and reinforcing attention on Timmins‑region exploration—but does not directly reference bullion price moves.