Marbán Province

O3 Mining Intersects 9.6 g/t Au over 6.2 Metres at Norlartic Extension, Marban Alliance

Retrieved on: 
Thursday, February 22, 2024

Located at the Norlartic Extension deposit, these results strengthen our confidence in expanding the Norlartic Extension satellite pits in our anticipated Feasibility Study.

Key Points: 
  • Located at the Norlartic Extension deposit, these results strengthen our confidence in expanding the Norlartic Extension satellite pits in our anticipated Feasibility Study.
  • We will continue to report on results from our winter drilling campaign in the Marban Alliance project as assays are received."
  • The 2023 drilling campaign on the Norlartic Extension focused on best intercepts of the 2022 drilling campaign (see news releases of O3 Mining dated (i) July 6, 2022 and entitled " O3 Mining Intersects 2.3 g/t Au Over 14.8 Metres Outside Resource Pit Shells at Marban Engineering ", and (ii) February 27, 2023 and entitled " O3 Mining Intersects 3.7 g/t Au over 11.0 Metres at Norlartic Extension, Marban Engineering ").
  • Only intercepts with metal factor above 5.0 (g/t Au x metres) are reported, cut-off 0.3 g/t Au and above 200 metres from surface.

O3 Mining Delivers Maiden Mineral Resource Estimate for Malartic H

Retrieved on: 
Tuesday, June 20, 2023

The "qualified person" (for purposes of NI 43-101) for this mineral resource estimate is James Purchase, P. Geo of G Mining.

Key Points: 
  • The "qualified person" (for purposes of NI 43-101) for this mineral resource estimate is James Purchase, P. Geo of G Mining.
  • The effective date of the mineral resource estimate is February 27, 2022.
  • The Marban and Kierens-Norlartic deposits have indicated mineral resources and inferred mineral resources, but no measured mineral resources have been estimated in respect of such deposits.
  • Please refer to the notes under the Table 1: Malartic H Deposit Mineral Resource Estimate for the Malartic H resources.

O3 Mining Initiates Drilling at Upper Camflo and Orion, Marban Project

Retrieved on: 
Thursday, March 23, 2023

TORONTO, March 23, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce the mobilization of two drills at Marban Engineering, which will be focusing on the Upper Camflo area and Orion deposit.

Key Points: 
  • TORONTO, March 23, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce the mobilization of two drills at Marban Engineering, which will be focusing on the Upper Camflo area and Orion deposit.
  • The drilling is part of a 24,800 metre exploration program on the Marban Project.
  • O3 Mining to drill 1,500 metres near surface on the Upper Camflo area along the up-dip extension of a gold-bearing structure identified during the compilation of historical exploration drilling completed by Barrick Gold on the former Camflo mine.
  • O3 Mining to drill 900 metres near surface around the former Orion mine to confirm possible ore material left above and below the historical mining stopes.

PROSPECT RIDGE RESOURCES ANNOUNCES APPOINTMENT OF NEW DIRECTORS

Retrieved on: 
Thursday, March 16, 2023

VANCOUVER, BC, March 16, 2023 /PRNewswire/ - Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce the appointment of Mr. Michael Michaud and Mr. Yan Ducharme as Directors.

Key Points: 
  • VANCOUVER, BC, March 16, 2023 /PRNewswire/ - Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce the appointment of Mr. Michael Michaud and Mr. Yan Ducharme as Directors.
  • In addition, the Company announces the resignation of Nick Luksha as a Director and as Vice President of Corporate Development.
  • of measured and indicated resources (32Mt at 1.48 g/t Au) and 600k oz of inferred resources (16.5Mt at 1.13 g/t Au; NI 43-101 August 15, 2013).
  • Prospect Ridge also announces that it has granted an aggregate of 75,000 stock options to a consultant of the Company, exercisable at $0.20 for a period of 5 years.

O3 Mining Intersects 3.7 g/t Au over 11.0 Metres at Norlartic Extension, Marban Engineering

Retrieved on: 
Monday, February 27, 2023

A total of 13,692 metres in 56 holes have been drilled during this program.

Key Points: 
  • A total of 13,692 metres in 56 holes have been drilled during this program.
  • "These new results from our 2022 exploration program at Marban Engineering continue to highlight the potential to increase near-surface resources.
  • The dyke swarm hosting the gold mineralization at Norlartic Extension is geologically identical to the one hosting the Norlartic and Kierens mineralization.
  • The PFS resource estimate generated three small pits using historical drill results along the Norlartic Extension trend immediately north of the Marban pit.

O3 Mining Intersects 1.5 g/t Au over 44.3 Metres at Kierens-Norlartic Infill Program, Marban Engineering

Retrieved on: 
Thursday, February 23, 2023

TORONTO, Feb. 23, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to provide an update on its continuing drilling program on its Marban Engineering Project in Val-d'Or, Quebec, Canada.

Key Points: 
  • TORONTO, Feb. 23, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to provide an update on its continuing drilling program on its Marban Engineering Project in Val-d'Or, Quebec, Canada.
  • The 2022 infill program totaled 64 drill holes completed in and around the Norlartic, North, North-North and Kierens pits, of which five holes have assays pending.
  • 1.5 g/t Au over 44.3 metres in hole O3MA-22-356 starting at 257.4 meters in the hole in the Norlartic PFS pit shell.
  • 1.6 g/t Au over 27.0 metres in hole O3MA-22-385 starting at 356.4 meters in the hole at the bottom of the Norlartic PFS pit shell.

O3 Mining Initiates Drilling at Marban Regional

Retrieved on: 
Thursday, January 19, 2023

TORONTO, Jan. 19, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce the commencement of the exploration drilling program at Marban Regional.

Key Points: 
  • TORONTO, Jan. 19, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce the commencement of the exploration drilling program at Marban Regional.
  • The drilling program will consist of 9,300 metres to test for gold targets in this underexplored part of the property covering approximately 5,000 hectares.
  • "After an extensive field season of compilation work, soil sampling, and geophysical surveys in 2022, we are very excited to have initiated drilling at Marban Regional.
  • This is a vast underexplored area, offering lots of potential for discovery, especially along the same shear structures that host the Marban and Norlartic deposits", said O3 Mining President and Chief Executive Officer, Mr. Jose Vizquerra.

O3 Mining Releases Outlook 2023

Retrieved on: 
Monday, January 16, 2023

TORONTO, Jan. 16, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to provide its outlook and catalysts for 2023 in addition to a review of 2022.

Key Points: 
  • TORONTO, Jan. 16, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to provide its outlook and catalysts for 2023 in addition to a review of 2022.
  • With a positive market outlook for 2023, we look forward to starting the Feasibility Study ("FS"), as well as unveiling Marban's growth potential by engaging in exploration activities over our 8,500-hectare property.
  • We will continue to deploy our participatory approach with the authorities and stakeholders in the development of the Marban Engineering Project to not only improve the project but to make it an even more responsible mining project", said O3 Mining President and Chief Executive Officer, Mr. Jose Vizquerra.
  • **Register for the O3 Mining Town Hall Forum: Outlook 2023, on Wednesday, January 25 at 11:00 a.m.

O3 Mining - Marban Continues To Show Growth Potential

Retrieved on: 
Thursday, December 22, 2022

"2023 will be an ambitious year for O3 Mining as we work towards completing the Marban Engineering Feasibility Study ("FS"), as well as engage in exploration activities to unveil Marban's growth potential over our 8,500 hectares property across the railroad from a world class deposit such as the Canadian Malartic Mine.

Key Points: 
  • "2023 will be an ambitious year for O3 Mining as we work towards completing the Marban Engineering Feasibility Study ("FS"), as well as engage in exploration activities to unveil Marban's growth potential over our 8,500 hectares property across the railroad from a world class deposit such as the Canadian Malartic Mine.
  • Marban Engineering is a robust standalone project that can add more value to its NPV of C$463 million by discovering new ounces to extend the LOM.
  • ", said O3 Mining President and Chief Executive Officer, Mr. Jose Vizquerra.
  • Marban Extension – the wide basalt unit hosting the Marban deposit is partially untested below 500 metres vertical before reaching the eastern property limit.

O3 Mining Takes A Major Step In Environmental Permitting Of Marban Engineering Project

Retrieved on: 
Tuesday, November 22, 2022

The Marban Engineering project will require approval by both levels of government through the Environmental and Social Impact Assessments ("ESIA") process stipulated by the local regulations.

Key Points: 
  • The Marban Engineering project will require approval by both levels of government through the Environmental and Social Impact Assessments ("ESIA") process stipulated by the local regulations.
  • The ESIA will determine the environmental, social, and economic impacts of the Marban Engineering project.
  • O3 Mining President and Chief Executive Officer, Mr. Jose Vizquerra commented, "We are very pleased to be achieving this important milestone in bringing Marban Engineering to production.
  • O3 Mining will continue progressing towards the social acceptability of its Marban Engineering project with its continued dialogue with stakeholders and interest groups.