Onyx Gold Corp. (TSE:ONYX) has released an update.
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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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