Mining Stock Daily How Onyx Gold's Argus North Prospect Continues the Timmins Legacy
Jul 30, 2025
Brock Colterjohn, CEO of Onyx Gold and former research analyst, discusses the latest thrilling drill results from the Argus North target at the Munro-Croesus Project in Ontario. He shares insights into the years of groundwork leading to this discovery and the essential role of technology in exploring the Timmins gold camp. The conversation also highlights the strategic balance between equity management and geological exploration amid market fluctuations, providing a promising outlook for future mining endeavors.
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Years to Land Consolidation Success
- Onyx Gold consolidated land around the historic, high-grade Cresis gold mine in Timmins over several years.
- The property grew from under 4 sq km to 109 sq km, inheriting many exploration targets.
Large System Indicated by Grades and Widths
- Broad, lower-grade intercepts can indicate a large-scale hydrothermal gold system.
- Argus North's grades and widths resemble those of profitable projects in Timmins, showing strong discovery potential.
De-risk with Systematic Drilling
- Use systematic drilling fences to test unworked ground and uncover hidden discoveries.
- Early strong intercepts justify raising capital for expanded drilling programs.