Onyx Gold Corp. (TSE:ONYX) has released an update.
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Onyx Gold Corp. has kicked off their 2024 Spring Drill Program at the high-potential Munro-Croesus Gold Project in Ontario, aiming to further explore the recently discovered high-grade GM Vein and the bulk-tonnage Argus Zone. With a budget of $800k, the company plans to complete 3,000 meters of diamond drilling in 20-25 holes over six weeks, leveraging the current positive momentum in the gold market. Onyx is well-prepared for the initiative, possessing over $4.2M in cash and securities to fund the exploration.
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