O3 Mining Inc. (TSX.V: OIII)
Provided drilling results from the Marban project on its Malartic Property, as part of its 250,000 metre drilling program, focusing on expanding mineralization outside of the proposed pit areas outlined in the PEA.
The highlight was 5.1 g/t Au over 5.1 metres including 13.1 g/t Au Over 0.5 metres, and 15.2 g/t Au over 0.7 metres, in hole O3MA-21-033-W1 at the North Shear zone. […]
|03 Mining||TSX.v : Olll|
|Market cap||C$155 m @ C$2.28|
O3 Mining Intersects 5.1 g/t Au Over 5.1 metres near Marban’s Norlartic Pit
Toronto, March 09, 2021 – O3 Mining Inc. (TSX.V: OIII; OTCQX: OIIIF)(“O3 Mining” or the “Corporation”) is pleased to provide new drilling results from the Marban project on its Malartic Property in the Val-d’Or region of Québec, Canada as part of its 250,000 metre drilling program.
Drilling at Marban focuses on expanding mineralization outside of the proposed pit areas outlined in the Preliminary Economic Assessment (“Marban PEA”) released on September 08, 2020, click here.
The 2021-2022 drilling program consists of 125,000 metres to test extensions of the deposits and zones outside the PEA pit areas. New drilling results from two drill holes include:
- 5.1 g/t Au over 5.1 metres including 13.1 g/t Au Over 0.5 metres, and 15.2 g/t Au over 0.7 metres, in hole O3MA-21-033-W1 at the North Shear zone
- 2.7 g/t Au over 10.6 metres including 26.9 g/t Au Over 0.5 metres in holeO3MA-21-033 near surface in new Triple North zone.
O3 Mining management comments
“The discovery of the new Triple North zone outside of the Norlartic pit shell continues to build our confidence in the potential to expand the mineable resources at Marban.
“With 125,000 metres of drilling planned for the Marban project, our drill program continues to grow, as does the potential for new discovery”
President and CEO José Vizquerra
For brevity, this summary has been abridged, to read the full news release, please click HERE
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