TSXV:HIGH - Post Discussion
Post by
LowMoor on Nov 15, 2023 11:54am
HIGH Punishment for ONYX results
Onyx Gold Reports: Maiden Drill Program Confirms Widespread Gold Mineralization at King Tut Project, Yukon Territory
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2023) - Onyx Gold Corp. (TSXV: ONYX) ("Onyx" or the "Company") is pleased to announce the final assay and exploration results from its summer drilling and exploration program (the "Program") at the King Tut Property ("King Tut" or "Property") located in Yukon, Canada. (Figure 1). Previous fieldwork on the Project had identified large-scale undrilled gold-in-soil anomalies in a comparable geological setting situated 50 kilometers from Snowline Gold's Rogue/Valley Discovery, one of Canada's most significant new gold discoveries.
Results from the inaugural nine-hole drill program confirm widespread gold mineralization across the Main Tut and Golden Mask anomalies, validating the existence of potential bulk-tonnage reduced intrusion-related gold systems ("RIRGS") on the Property. In addition, new airborne magnetic surveying and soil sampling have also significantly expanded the size of the mapped intrusions at both targets.
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