Onyx Gold Corp. (ONYX)

Overview

Onyx Gold Corp. is a recently incorporated enterprise, having begun its operations in 2023, and is strategically headquartered in Vancouver, Canada. The company is primarily involved in the business of gold mining and exploration. Its activities are focused on identifying, exploring, and developing gold properties with promising reserves. Onyx Gold Corp.'s operational focus is notably centered in Timmins, Ontario, and the Selwyn Basin in western Yukon, highlighting its commitment to leveraging Canada's rich mineral resources for gold extraction and production. With a clear strategic direction towards exploring and mining gold, Onyx Gold Corp. seeks to position itself as a significant player in the gold mining industry.

Products and Services

• Munro-Croesus Gold Property - Located in Timmins, Ontario, this property is significant for Onyx Gold Corp. It represents an exploration and mining site with a historical reputation for high-grade gold findings. The company's interest in this property is geared towards tapping into the potential reserves for both exploration and potential extraction activities.
• Golden Mile - Another critical asset for Onyx Gold Corp., the Golden Mile property, also situated in Timmins, Ontario, forms a vital part of the company's exploration portfolio. The focus here extends to systematic exploration with the aim of delineating and developing gold resources that can be economically mined.
• Timmins South Properties - These properties further consolidate Onyx Gold Corp.'s foothold in the Timmins area, underscoring its strategic decision to exploit the rich gold veins within this historically gold-rich region. The exploration work in the Timmins South properties is aimed at identifying new gold deposits and extending the life of the existing mines.
• Properties in the Selwyn Basin - Located in western Yukon, these properties represent Onyx Gold Corp.'s interests outside Ontario. The Selwyn Basin is explored for its untapped and underexplored gold potential. This venture into the Yukon territory underscores the company's expansive approach towards exploration, venturing beyond the conventional areas to tap into new gold markets.