Onyx Gold Strengthens Munro-Croesus Land Position with Strategic Acquisition

Monday, 9 September 2024, 17:36

Onyx Gold Corp. (TSXV: ONYX) has significantly bolstered its presence in Timmins through a substantial acquisition of properties. This move is expected to increase its operational capacity and market influence. The acquisition enhances the Company’s long-term strategic agenda.
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Onyx Gold Strengthens Munro-Croesus Land Position with Strategic Acquisition

Onyx Gold Corp. Expands Munro-Croesus Land Position

Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) (Onyx or the Company) is excited to announce the completion of a major acquisition. This strategic move involves acquiring a portfolio of properties (the Property) from an arm’s length vendor in the Timmins area of Ontario.

Details of the Acquisition

  • The acquired properties cover significant mineral exploration potential.
  • This acquisition is aligned with Onyx's growth strategy in a key resource region.
  • Investors are optimistic about the implications of this deal on Onyx's future projects.

Implications for Future Growth

This acquisition not only enhances Onyx's land holdings but also strengthens its overall market position. The move is anticipated to attract greater investor interest and bolster operational synergies across its existing projects.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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