Welcome to our dedicated page for O3 Mng news (Ticker: OIIIF), a resource for investors and traders seeking the latest updates and insights on O3 Mng stock.
O3 Mining Inc (OIIIF) delivers comprehensive updates on gold exploration and development activities in Québec's Abitibi region. This news hub provides investors with verified operational updates, technical reports, and corporate announcements from the company's 100%-owned properties, including its flagship Marban Alliance project.
Access authoritative updates spanning drilling campaign results, mineral resource assessments, and strategic developments. All content reflects the company's adherence to NI 43-101 standards and rigorous QA/QC protocols, ensuring reliable information for investment analysis.
Key coverage areas include exploration program expansions, geochemical survey findings, infrastructure development milestones, and environmental stewardship initiatives. Our neutral reporting maintains focus on verifiable operational progress rather than speculative projections.
Bookmark this page for direct access to O3 Mining's latest technical disclosures and corporate communications. Monitor systematic resource conversion efforts and strategic positioning within Canada's premier gold district through primary-source updates.
O3 Mining has announced positive drilling results from its Malartic H deposit within the Marban Alliance project in Quebec, Canada. Key highlights include:
- 35.1 g/t Au over 4.5 metres, including 102.0 g/t Au over 1.5 metres
- 3.0 g/t Au over 15.4 metres
- 2.1 g/t Au over 19.3 metres, including 31.7 g/t Au over 0.7 metre
These results are part of a 24,505 metre drilling campaign aimed at converting inferred mineral resources to the indicated category. The Malartic H deposit shows potential for growth laterally and at depth. O3 Mining's CEO expressed optimism about the deposit's role in enhancing the Marban Alliance Project.
O3 Mining has sold a 100% interest in its Matachewan and Wydee properties to Alamos Gold for C$3,500,000. Additionally, O3 Mining retains a 1.0% net smelter returns royalty on metal production from these properties. The Matachewan and Wydee properties, close to Alamos Gold's Young-Davidson Mine, were acquired by O3 Mining in 2019 as part of its acquisition of Alexandria Minerals. This sale aligns with O3 Mining's strategy to focus resources on its flagship Marban Alliance project, which aims to deliver significant growth and value for shareholders. The transaction simplifies O3 Mining's asset portfolio and enhances its focus on Marban Alliance.
O3 Mining (TSXV: OIII, OTCQX: OIIIF) announced it will issue 215,517 common shares at $1.16 per share to satisfy $250,000 (50%) of its interest obligation under the senior unsecured convertible debenture issued on June 19, 2023. This partial interest payment is for the period ending June 19, 2024. The company has the option to cover up to 50% of future interest payments in shares, subject to TSX Venture Exchange approval. Terms require the share price to be the higher of the 10-day volume-weighted average price or the TSX minimum price.
O3 Mining has announced assay results from its 3,053-meter winter drill campaign at the Ludovick Sector of the Horizon Project. Key intercepts include 0.8 g/t Au over 9.1 meters, 4.6 g/t Au over 1.5 meters, and 4.5 g/t Au over 1.2 meters. The campaign focused on auriferous corridors along the Parfouru Fault corridor. CEO José Vizquerra emphasized the sector's exploration potential due to its proximity to established mining sites. The drill program identified two gold-bearing horizons, suggesting a correlation between gold grades and sulfide content, opening further exploration opportunities. The results align with historical data, highlighting significant exploration potential.
O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) has published its 2023 environmental, social, and governance (ESG) report, demonstrating the 's commitment to sustainable and responsible development. The report highlights awards received, gender equality achievements, greenhouse gas emissions reductions, water conservation efforts, community engagement initiatives, and charitable contributions. O3 Mining aims to lead the industry in positive change, emphasizing collaboration among industry stakeholders.
O3 Mining Inc. (TSXV: OIII) terminates its option to acquire the Aurbel Mill from Eldorado Gold , originally signed with QMX Gold The decision was made to focus on optimizing resource allocation towards the development of the Marban Alliance project and pursuing potential processing and tailings synergies with industry peers.
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