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O3 MINING INC - OIIIF STOCK NEWS

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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. (TSXV: OIII) (OTCQX: OIIIF) announces the results of the inaugural drill holes at the Horizon Project in Val-d'Or, Quebec, revealing the discovery of significant Volcanogenic Massive Sulphide (VMS) deposits. Hole O3HR-23-001 intercepted a sulphide-rich siliceous tuff with anomalous base and precious metal values, indicating the potential for a significant find. The presence of multiple geophysical anomalies within the project area further enhances the prospect for VMS deposits.
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O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) has been awarded the 2023 Excellence in Sustainable Development prize by the Association d'Exploration Minière du Québec and will also receive the 2024 PDAC Sustainable Development Award. These awards recognize the company's commitment to ESG practices and its innovative approaches to sustainable development, including investments of over C$2.3 million in 2022 in ESG best practices and achieving full UL 2723 ECOLOGO® certification.
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O3 Mining announces final results of drill program in Upper Camflo area, Quebec
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O3 Mining publishes 2022 ESG report, highlighting achievements and commitment to sustainable development.
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O3 Mining announces positive drilling results from the Hygrade Fold area in Canada. Highlights include 33.3 g/t Au over 3.4m and 10.8 g/t Au over 2.2m. The results demonstrate the potential for high-grade shoots and expansion of the Orion 10 zone. The company aims to become a gold producer with multi-million-ounce deposits.
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O3 Mining announces maiden mineral resource estimate for Malartic H gold deposit, with 342,000 ounces of gold grading 1.04 g/t in the inferred category. The deposit shows significant exploration potential and remains open laterally and at depth.
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O3 Mining (TSXV: OIII, OTCQX: OIIIF) announced favorable results from gold recovery tests conducted at its Alpha Project in Val-d'Or, Québec. The tests revealed overall gold extraction rates of 94.5% at the Bulldog deposit and 92.0% at the Kappa deposit after 24 hours of cyanide leaching. Notably, Bulldog achieved a recovery of 93.3% in just six hours. The tests indicate efficient leach times and simple processing methods that align with existing techniques used in nearby gold mines.

The metallurgical testing included several methodologies such as comminution testing and cyanide leach testing. O3 Mining is optimistic that these results will enhance resource estimates, with inferred mineral resources at Bulldog and Kappa estimated at 0.32 million ounces of gold. Further tests are expected to complete in 2023.

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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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