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O3 MINING INC - OIIIF STOCK NEWS

Welcome to our dedicated page for O3 MINING news (Ticker: OIIIF), a resource for investors and traders seeking the latest updates and insights on O3 MINING stock.

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 announces the promotion of Myrzah Bello to Vice President of Sustainable Development and Alex Rodriguez to Vice President of Corporate Development, effective September 1, 2021. Myrzah Bello brings over 20 years of experience in sustainable development, while Alex Rodriguez has over a decade in mining and capital markets. The company has also engaged Independent Trading Group for market-making services to enhance liquidity and maintain an orderly market for its shares. Compensation for ITG is set at CAD$6,500 per month for an initial term of three months.

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O3 Mining (TSXV: OIII | OTCQX: OIIIF) has reported significant progress in its 250,000 metre drilling program at the Alpha property in Val-d'Or, Québec. The latest findings from 16 holes at the Bulldog deposit show an average gold grade of 5.3 g/t over 6.0 metres. Notable intercepts include 2.8 g/t Au over 14.1 metres and 9.5 g/t Au over 4.8 metres. The ongoing drilling aims to convert existing resources and discover new deposits, supported by a fully-funded program, enhancing the potential for future resource upgrades.

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O3 Mining Inc. (TSXV: OIII, OTCQX: OIIIF) has successfully acquired a 100% ownership interest in the Denain-Pershing property by completing the conditions of its option agreement with Renforth Resources Inc. The transaction, valued at CDN $125,000 plus 21,603 shares, enables O3 Mining to strengthen its position in the Quebec gold exploration sector. The acquisition is still pending final approval from the TSX Venture Exchange.

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O3 Mining (TSXV: OIII | OTCQX: OIIIF) has updated its investors regarding its ongoing 250,000 metre drilling program at the Marban and Alpha properties in Québec. The company reported significant drilling results, particularly from the Marban open-pittable deposits, with notable gold grades, including 3.4 g/t Au over 3.1 metres in hole O3MA-21-060. The project's potential is supported by a historical resource of 2.4 million ounces measured and indicated. O3 Mining continues its strategy to expand resources that align with its planned processing infrastructure.

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O3 Mining Inc. has updated its 250,000 metre drilling program at the Marban and Alpha properties in Val-d'Or, Québec, targeting gold resource expansion. Significant findings include multiple high-grade gold intercepts, such as 37.6 g/t Au over 1.2 metres in hole O3MA-21-042. The company aims to convert and expand its current resource of 2.4 million ounces measured and indicated. As part of a robust strategy, O3 Mining plans to advance the Marban project to production by 2026, continuing aggressive exploration efforts.

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O3 Mining Inc. (TSXV: OIII | OTCQX: OIIIF) held its annual and special shareholder meeting with 67.33% of common shares represented. All resolutions were approved, including the election of management nominees to the board, the appointment of PricewaterhouseCoopers LLP as auditors, and the continuation of the 10% rolling Stock Option Plan. Significant voting showed strong support for board members, with John Burzynski receiving 99.49% approval. O3 Mining continues to focus on gold exploration and production in its extensive properties across Québec, Canada.

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O3 Mining Inc. has provided an update on its extensive 250,000 metre drilling program at the Marban and Alpha properties in Val-d'Or, Québec, aimed at expanding gold resources. Recent drilling highlights include significant gold intercepts, such as 20.2 g/t Au over 1.5 metres at Marban. The ongoing program aims to convert inferred resources into measured and indicated resources, ultimately enhancing production and extending mine life. A Pre-Feasibility Study is expected in 2022 as O3 Mining plans to position itself as a leading gold producer by 2026.

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O3 Mining Inc. has announced the sale of its Kinebik Gold Project to Tri Origin Exploration Ltd. Located in northern Quebec, this transaction involves O3 Mining receiving 2,700,000 common shares of Tri Origin, subject to a four-month hold period. Following the sale, O3 Mining will hold 5,100,000 shares of Tri Origin, equivalent to approximately 9.87% of its issued shares. The company's president expressed satisfaction in partnering with Tri Origin and emphasized the ongoing strategy of enhancing shareholder value through divestment.

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O3 Mining (TSXV: OIII, OTCQX: OIIIF) announces the appointment of Mélissa Desrochers to its Board of Directors, enhancing its strategic communications and stakeholder engagement capabilities. Desrochers has significant experience in mining communications and government relations, previously serving as Director of Government Relations at Agnico Eagle Mines. Her expertise will strengthen O3 Mining's Environmental, Social, and Governance (ESG) efforts. The company remains focused on its gold exploration and production initiatives in Québec.

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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

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79.90M
49.91M
21.26%
20.52%
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