‘We have a target that’s very much a look-alike’ — Onyx Gold's Darwin Green on the King Tut project скачать в хорошем качестве

‘We have a target that’s very much a look-alike’ — Onyx Gold's Darwin Green on the King Tut project

Darwin Green, executive chairman of Onyx Gold, spoke to Kitco mid-July in Dawson City at Invest Yukon’s Yukon Mining Property Tours & Investment Conference 2023. The conversation took place just prior to Onyx Gold’s July 24 trading debut on the TSX Venture Exchange. Onyx Gold (TSX-V: ONYX) was spun out from HighGold Mining, which has a gold-zinc-copper project in Alaska. HighGold’s former Canadian assets, now owned by Onyx Gold, include three projects in the world-famous Timmins, Ontario gold camp; and four properties within an emerging Yukon gold district, where Snowline Gold made a compelling discovery. Green says the $8.36 million raised through the spinout will be put into drilling, starting with the Yukon projects this summer and moving onto the Timmins properties in the fall. Onyx’s Yukon focus is the King Tut property, which Green says is comparable to Snowline Gold’s nearby Valley discovery: “We have a target that’s very much a look-alike in terms of intrusion-related, very strong and large gold soil anomaly.” Field crews are currently mapping the target areas, taking samples and conducting geophysics. The plan is for a 2,500-meter drill program starting in August, aimed at two targets — Golden Mask and Main Tut. [EDITOR'S NOTE: Travel and accommodation expenses were paid for by Invest Yukon.] 0:43 - Onyx Gold spinout 2:00 - $8 million for drilling 2:36 - Yukon properties 3:23 - King Tut project 4:50 - Drill program 6:25 - Tombstone gold belt 7:25 - Six to 12 months __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us Twitter -   / kitcomining   Instagram -   / kitcomining   LinkedIn -   / kitco-mining   Facebook -   / kitcomining   Connect with the Kitco Mining anchors Michael McCrae -   / michaelmccrae   Paul Harris -   / paulharrisgold   For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.