# Onyx Gold Expands Munro-Croesus Drill Program to 110,000 Meters; Adds Fourth Drill Rig Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/onyx-gold-expands-munro-croesus-drill-program-to-110-000-meters-adds-fourth-dril--5651c8f4-411c-4513-89c3-b879cd5f096d Original source: https://money.tmx.com/en/quote/ONYX/news/6245994934170362/onyx-gold-expands-munro-croesus-drill-program-to-110-000-meters-adds-fourth-dril Publisher: tmx Original announcement: 2026-04-23T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Onyx Gold Corp. - Ticker: ONYX - Exchange: TSX - Region: Ontario - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-09-18 14:54:12 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Onyx Gold has expanded its 2026 Munro-Croesus drill program from 75,000m to 110,000m and added a fourth drill rig to accelerate exploration. The company reports strong continuity at the Argus Zones and is targeting high-grade vein opportunities and regional structural corridors. Reasoning: The company is aggressively expanding its exploration footprint with a massive drill program and additional hardware, supported by a strong cash position. - Positive factor: Significant expansion of drill program to 110,000m - Positive factor: Addition of a fourth drill rig to accelerate pace - Positive factor: Demonstrated continuity at Argus Zones - Positive factor: Strong treasury of ~$22M to fund program Facts used in scoring: 5 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Upcoming drilling at Argus North focuses on step-outs along strike and down-plunge. Evidence · text > Upcoming drilling will focus on step-outs along strike and down-plunge to further expand the zone. **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release includes sign-off by a Qualified Person \(Ian Cunningham-Dunlop, P.Eng.\). Evidence · text > Ian Cunningham-Dunlop, P.Eng., Executive Vice President for Onyx Gold Corp. and a qualified person \("QP"\) as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (5) ### MC25-213 [Link to this fact](https://atlas-extractions.minestarters.com/news/onyx-gold-expands-munro-croesus-drill-program-to-110-000-meters-adds-fourth-dril--5651c8f4-411c-4513-89c3-b879cd5f096d#fact-drill-facts-0) Munro-Croesus · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MC25-213 - Project: Munro-Croesus - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: ONYX #### Geometry - Grade: 2.1 - Grade Unit: g/t - Intercept: 21.2 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-03T00:00:00.000Z #### Dates - Event date: 2026-04-23T00:00:00.000Z Reasoning: Historical discovery hole for Argus West. Evidence · text > MC25-213: 21.2 m grading 2.1 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "77 drill holes reported to date, with a steady pipeline of results to be released in batches as received Strong treasury" ### MC20-43 [Link to this fact](https://atlas-extractions.minestarters.com/news/onyx-gold-expands-munro-croesus-drill-program-to-110-000-meters-adds-fourth-dril--5651c8f4-411c-4513-89c3-b879cd5f096d#fact-drill-facts-1) Munro-Croesus · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MC20-43 - Project: Munro-Croesus - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: ONYX #### Geometry - Grade: 190.5 - Grade Unit: g/t - Intercept: 0.5 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-01-01T00:00:00.000Z #### Dates - Event date: 2026-04-23T00:00:00.000Z Reasoning: Historical high-grade intercept from 2020. - Positive factor: Extremely high grade Evidence · text > intersected 0.5 m grading 190.5 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "77 drill holes reported to date, with a steady pipeline of results to be released in batches as received Strong treasury" ### MC20-43 [Link to this fact](https://atlas-extractions.minestarters.com/news/onyx-gold-expands-munro-croesus-drill-program-to-110-000-meters-adds-fourth-dril--5651c8f4-411c-4513-89c3-b879cd5f096d#fact-drill-facts-2) Munro-Croesus · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MC20-43 - Project: Munro-Croesus - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: ONYX #### Geometry - Grade: 311 - Grade Unit: g/t - Intercept: 0.3 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-01-01T00:00:00.000Z #### Dates - Event date: 2026-04-23T00:00:00.000Z Reasoning: Historical high-grade intercept from 2020. - Positive factor: Bonanza grade Evidence · text > including 0.3 m grading 311.0 g/t Au in MC20-43 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "77 drill holes reported to date, with a steady pipeline of results to be released in batches as received Strong treasury" ### MC23-132 [Link to this fact](https://atlas-extractions.minestarters.com/news/onyx-gold-expands-munro-croesus-drill-program-to-110-000-meters-adds-fourth-dril--5651c8f4-411c-4513-89c3-b879cd5f096d#fact-drill-facts-3) Munro-Croesus · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MC23-132 - Project: Munro-Croesus - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: ONYX #### Geometry - Grade: 121.8 - Grade Unit: g/t - Intercept: 0.9 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-12-06T00:00:00.000Z #### Dates - Event date: 2026-04-23T00:00:00.000Z Reasoning: Historical high-grade intercept from 2023. - Positive factor: High grade Evidence · text > 0.3 m grading 363.0 g/t Au within a broader zone of 0.9 m grading 121.8 g/t Au in MC23-132 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "77 drill holes reported to date, with a steady pipeline of results to be released in batches as received Strong treasury" ### MC23-132 [Link to this fact](https://atlas-extractions.minestarters.com/news/onyx-gold-expands-munro-croesus-drill-program-to-110-000-meters-adds-fourth-dril--5651c8f4-411c-4513-89c3-b879cd5f096d#fact-drill-facts-4) Munro-Croesus · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MC23-132 - Project: Munro-Croesus - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: ONYX #### Geometry - Grade: 363 - Grade Unit: g/t - Intercept: 0.3 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-12-06T00:00:00.000Z #### Dates - Event date: 2026-04-23T00:00:00.000Z Reasoning: Historical high-grade intercept from 2023. - Positive factor: Bonanza grade Evidence · text > 0.3 m grading 363.0 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "77 drill holes reported to date, with a steady pipeline of results to be released in batches as received Strong treasury" ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.