Mining Review Sunday 3rd September

Mining Review 3rd September 2023

Gold rallied strongly during the week, after disappointing US economic data suggested the FED may have to call a halt to further interest rate rises sooner than expected, bring recession fears to the fore and interest rate cuts sooner than expected, all positive for gold.

Eloro and O3 Mining both reported good drill results during the week, and Gold Road Resources reported record profits for H1 2023.  Continue reading

O3 Mining Reports Results from Upper Camflo

O3 Mining (TSX.V: OIII)

Announced that it has received the final results of its 1,806 metre drill program completed over the Upper Camflo area (North-West of the Kierens pit), within the Marban Alliance project, in Val-d’Or, Québec, Canada.

The program intersected 1.6 g/t Au over 1.5 metres in hole O3MA-23-503.  Continue reading

O3 Mining Takes A Major Permitting Step

O3 Mining Inc. (TSX.V: OIII)

Announced it has filed the Initial Project Description for the Marban Engineering project with the Impact Assessment Agency of Canada at the federal level, and the Project Notice with the Ministère de l’Environnement, de la Lutte contre les Changements Climatiques, de la Faune et des Parcs at the provincial level.  Continue reading

121 Mining Forum London – Day 1

121 Mining Forum London – Day 1

A new venue for this year’s 121 Mining Forum, in the far reaches of Houndsditch, greeted delegates at this year’s forum.

One or two companies caught my eye, including one situated next to the coffee machine where a casual comment by me about the name of the location of their project lead to a impromptu presentation, and I liked what I heard. Continue reading

Mining Review 20th November 2022

Mining Review 20th November 2022

Gold and silver had another poor week on the back of the US Administration and FED spokespeople continually advocating more rate rises for longer in response to market rumours that the pivot could be imminent.

Cyprium, i-80 Gold, Neometals, and O3 Mining all reported news this week.  Continue reading

Mining Review Sunday Update 11th Sep. 2022

Mining Review 11th Sep. 2022

The world mourned the loss of Queen Elizabeth 2, due to her sad death after 70 years of loyal service to the UK and Commonwealth of nations.

This was the week that the market finally accepted the September rate hike will be hawkish, took it in its stride, and gold, metals, bonds, crypto, and equities rode up whilst the dollar fell slightly.

Continue reading

Mining Review Sunday Update 24th April 2022

Mining Review Sunday Update 24th April 2022

Gold dropped 2% and led down the gold juniors, rolling back some of their gains over the last few weeks.

Companies commented on include; Cabral Gold, Newcore Gold, O3 Mining, Silver Tiger Metals, Uranium Energy Corp., and Wesdome Gold.   […]  Continue reading

O3 Mining Sell East Cadillac to Cartier Resources

O3 Mining (OIII.V) / Cartier Resources (ECR.V)

O3 Mining announced that they have entered into a definitive share purchase agreement with Cartier Resources pursuant to which O3 Mining has agreed to sell a 100% interest in its East Cadillac Project located in Val-d’Or, Québec, in exchange for 46,273,265 common shares of Cartier. Continue reading

O3 Mining Marban Drill Intersects 5.1 g/t Au Over 5m

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.  […] Continue reading