Onyx Gold Corp. (TSE:ONYX) has released an update.
Onyx Gold Corp. has expanded its mining operations by acquiring additional mineral property in the Timmins Camp area, east of Timmins, Ontario, integrating the new assets with its existing Munro-Croesus project. The purchase includes one mining lease and four unpatented mining claims for a cost of $20,000 in cash and 120,000 common shares, pending regulatory approval. This strategic acquisition enhances the company’s position in a region known for high-grade mineralization and demonstrates Onyx Gold’s commitment to growth in Canadian mining jurisdictions.
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