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O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) is a gold explorer and mine developer in Québec, Canada. With a focus on becoming a gold producer, the company owns multiple multi-million-ounce deposits. President and CEO, Mr. José Vizquerra, leads a team of industry experts fostering growth and success. Recent achievements include an infill drilling campaign on the Norlartic Extension and Malartic H areas, showing high-grade intercepts and mineralization. O3 Mining's projects, like Horizon, Marban, and Norlartic Extension, exhibit significant exploration potential and positive results, ensuring a prosperous future.
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O3 Mining Inc. commences a 3,000-meter drill campaign at Ludovick Sector in the Horizon Project, aiming to explore historic auriferous drill intercepts along the Parfouru Fault corridor. President and CEO, Mr. José Vizquerra, anticipates promising results in the coming months.
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O3 Mining Inc. completes the sale of Louvem Property to Eldorado Gold, receiving C$80,000 and retaining a 0.5% NSR royalty. Eldorado Québec gains the right to repurchase 50% of the NSR for C$250,000. The Corporation acquired the Louvem Property from Monarch Gold Corporation in 2020.
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O3 Mining Inc. receives the prestigious 2024 PDAC Sustainable Development Award for its exceptional commitment to sustainable development in the mining industry. The award recognizes companies going beyond legal requirements to integrate sustainable practices, benefitting local communities, the environment, and industry advancement.
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O3 Mining reports positive results from its 2,886 metre infill drilling campaign in the Norlartic Extension area of the Marban Alliance project in Quebec. Key highlights include high-grade gold intercepts and successful tracing of mineralized corridors. The company plans to integrate these results into future feasibility studies.
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O3 Mining Inc. provides a review of 2023 and an outlook for 2024, focusing on de-risking the Marban Alliance project, potential strategic synergies, and feasibility study. The company highlights technical studies, engineering, permitting, community engagement, and exploration projects, emphasizing sustainable development. The PR also details 2023 highlights, including drilling campaigns, mineral resource estimates, VMS deposit discovery, acquisitions, and recognition for sustainable development practices.
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O3 Mining Inc. (TSX.V: OIII) (OTCQX: OIIIF) announces the successful closure of acquisitions from NewOrigin Gold Corp. and Globex Mining Enterprises Inc. The acquisitions will strengthen O3 Mining's presence in the Casa Berardi trend by consolidating the Kinebik project.
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O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) announces the issuance of 150,721 common shares at a price of C$1.66 per share to satisfy 50% of the interest due on the senior unsecured convertible debenture. The corporation has the right to elect to satisfy up to 50% of its interest obligation in respect of any interest period by the issuance of common shares, subject to certain conditions and approvals.
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O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) announced the closing of a non-brokered private placement, raising C$18,559,639 through the issuance of 11,394,487 common shares for eligible exploration expenses in Québec, with a portion allocated to working capital and general corporate purposes.
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O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) announces an upsized non-brokered private placement of up to 11,394,488 common shares for aggregate gross proceeds of up to approximately C$18,559,641. The Offering will consist of Hard Dollar Shares at C$1.44 per share, Tranche 1 Flow-Through Shares at C$1.63 per share, Tranche 2 Flow-Through Shares at C$1.80 per share, and Tranche 3 Flow-Through Shares at C$2.40 per share. The proceeds from the Flow-Through Shares will be used for eligible Canadian exploration expenses related to the Corporation's projects in Québec, while the net proceeds from the sale of the Hard Dollar Shares will be used for working capital and general corporate purposes.
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O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) announces a non-brokered private placement of common shares and flow-through shares, aiming to raise approximately C$9 million. The net proceeds will be used for working capital, general corporate purposes, and to incur eligible Canadian exploration expenses related to the Corporation's projects in Québec. The Offering is subject to regulatory and other approvals, including the conditional approval of the TSX Venture Exchange.
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FAQ
What is the current stock price of O3 MINING (OIIIF)?
The current stock price of O3 MINING (OIIIF) is $1.155 as of December 20, 2024.
What is the market cap of O3 MINING (OIIIF)?
The market cap of O3 MINING (OIIIF) is approximately 79.9M.
What is O3 Mining Inc. focused on?
O3 Mining Inc. is focused on becoming a gold producer by developing highly prospective gold camps in Québec, Canada.
Who leads O3 Mining Inc.?
Mr. José Vizquerra is the President and Chief Executive Officer of O3 Mining Inc., overseeing a team of industry leaders.
What recent achievements has O3 Mining Inc. made?
O3 Mining Inc. achieved high-grade intercepts and significant mineralization in recent infill drilling campaigns at the Norlartic Extension and Malartic H areas.
What projects does O3 Mining Inc. have?
O3 Mining Inc. has projects such as Horizon, Marban, and Norlartic Extension, which showcase substantial exploration potential and promising results.
Where is O3 Mining Inc. located?
O3 Mining Inc. operates in Québec, Canada, owning multiple multi-million-ounce deposits across the region.
What is the strategic focus of O3 Mining Inc.?
O3 Mining Inc. is strategically focused on optimizing resource allocation for the development of the Marban Alliance project, improving mining engineering and estimation parameters, and exploring potential synergies with industry peers.
How can investors benefit from O3 Mining Inc.?
Investors can benefit from O3 Mining Inc. by gaining exposure to a well-capitalized company with a strong focus on delivering superior returns and long-term benefits to shareholders.
What are the key areas of exploration for O3 Mining Inc.?
O3 Mining Inc. focuses on exploration efforts in the Casa Berardi district and brownfield targets at Marban Alliance, seeking to expand its resource base and capitalize on opportunities.
What recent decision did O3 Mining Inc. make?
O3 Mining Inc. recently terminated its option to acquire the Aurbel Mill from Eldorado Gold Corporation, aligning with its strategic focus on optimizing resource allocation and pursuing synergies with industry peers.
Who is the Qualified Person overseeing O3 Mining Inc.'s technical content?
Mr. Louis Gariepy, P.Eng (OIQ #107538), serves as the VP Exploration of O3 Mining Inc. and is the Qualified Person responsible for the scientific and technical content of the company's projects.
What quality assurance and quality control measures does O3 Mining Inc. implement?
O3 Mining Inc. follows a comprehensive QA/QC program, including the insertion of certified standard material and blanks, third-party assays, and adherence to NI 43-101 and industry best practices, to ensure the accuracy and reliability of its exploration results.
O3 MINING INC
OTC:OIIIF
OIIIF Rankings
OIIIF Stock Data
79.90M
49.91M
21.26%
20.52%
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Basic Materials
United States of America
Toronto