City Investors Circle
The Market Review for January 2024 has been published, featuring the severe drop in prices of Lithium and other battery metals and possible reasons why.
O3 Mining is the featured company, and there are significant news snippets from our watchlist companies. Continue reading
City Investors Circle
Tier 3 Watchlist now lists explorers that are have a reasonable resource defined, with the ability to raise further funds in the market.
Due to the market being difficult for early stage explorers, they have been moved to tier 3 to differentiate the risk. Continue reading
Mining Review 19th November 2023
The big news this week was the takeover of one of our watchlist companies, Marathon Gold, by Calibre Mining, who are diversifying their production from one country, Nicaragua, into safer jurisdictions.
This makes sense as although they are producing solid profits there, the constant threat of increased US sanctions makes diversification necessary really. Continue reading
O3 Mining Inc. (TSX.V: OIII)
Announced that it has received the results of the two inaugural drill holes completed over the prospective Volcanogenic Massive Sulphide belt within the Horizon Project, in Val-d’Or, Québec, Canada. Continue reading
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 (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
Mining Review 25th June
Gold Road Resources was the main talking point this week, losing 15% after issuing reduced guidance, and as a result, inreased AISC.
Gold fell back $30 over the week, after the suprise 0.5% hike in UK base rates. Continue reading
O3 Mining (TSX.V: OIII)
Announced the results of the maiden mineral resource estimate (“MRE”) on our-100% owned Malartic H gold deposit at Marban, Val-d’Or Quebec, Canada.
They are 342,000 ounces grading 1.04 grams per tonne of gold in the inferred mineral resource category. Continue reading
Mining Review 18th June 2023
A typical week in the summer market doldrums, companies are drilling now so a dearth of explorations news, and we are mainly receiving corporate and financing updates.
Wesdome Gold Mines and Cartier Resources announced positive drilling news. Continue reading
O3 Mining Inc.(TSX.V: OIII)
Announced a number of corporate updates.
The principal one being that exploration is restarting after the recent Quebec wildfires. Continue reading
O3 Mining Inc. (TSX.V: OIII)
Provided additional assay results from our winter drill program on our Marban Engineering Project in Val-d’Or, Québec, Canada.
The Corporation is reporting 22 significant intercepts in 13 drill holes from the Malartic H deposit drill program. Continue reading
O3 Mining (TSX.V: OIII)
Issued a new release as a result of a continuous disclosure review by the Ontario Securities Commission, to clarify its disclosure regarding certain statements made in an interview conducted at the Québec Mining Conference (2021).
Mining Review 27th November 2022
Precious metals trod water this week as the US dollar stood firm.
The first of the large London mining conferences seemed quieter than normal, maybe investor interest in the sector has fallen?
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
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
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
O3 Mining (TSX.V: OIII)
Provided a first maiden Mineral Resource Estimate for its 100% owned Bulldog gold deposit at Alpha, Val-d’Or Quebec, Canada.
Inferred resources of 318,000 oz Au at Bulldog and Kappa.
O3 Mining Inc. (TSX.V: OIII)
Announced that the TSX Venture Exchange has accepted the Corporation’s notice to implement a normal course issuer bid to purchase, for cancellation, up to 4,921,389 of its common shares representing approximately 10% of the Corporation’s public float. Continue reading
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.
O3 Mining Inc. (TSX.V: OIII)
Announced the completion of the Pre-Feasibility Study, prepared in accordance with the National Instrument 43-101 for its 100% owned Marban Engineering gold project, in the world-class mining region of Val-d’Or in Québec, Canada. Continue reading
