Corporate Profile

Onyx Gold, a newly established spinout company from HighGold Mining (TSX-V: HIGH) in May 2023, holds 100% ownership of expansive exploration properties in two premier Canadian gold regions: Timmins, Ontario, and the Selwyn Basin in the eastern Yukon. While at an earlier stage of exploration than the Timmins properties, the Yukon properties are road-accessible, highly prospective claim blocks with rudimentary work done in 2011/2012 that identified high-grade gold in soil anomalies. The four claim blocks –King Tut, RGS, Canol, and Stan – are nearby, and have a similar geologic environment as the ‘Reduced Intrusive Related Gold’ discovery made by Snowline Gold Corp. in 2021 which renewed exploration interest in this area of the Yukon.

With a methodical exploration approach, Onyx aims to uncover significant gold mineralization, expand resources, and establish a strong presence in these highly prospective gold camps. Led by experienced management and technical teams, Onyx has a proven track record of discovering and advancing mineral resources and a well-established reputation for responsible management of shareholder funds. While operating independently, Onyx maintains a beneficial association with HighGold, leveraging synergies and efficiencies for continued value creation. HighGold remains a proud 20% shareholder in Onyx, ensuring shared success.