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O3 Mining Inc.
Summary
| Project: | Central Cadillac | |
|---|---|---|
| Deposit: | Alpha | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/12/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-12-2019: O3 Mining Inc. announces an Exploration/Drilling Update report for its Alpha deposit at the Central Cadillac project. Drilling results incl. 6.0m @ 9.3g/t Au from 137.0m. Toronto, December 12, 2019 - O3 Mining Inc. (TSX.V: OIII) ("O3 Mining" o | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Sebastien Vigneau (Internal) | |
| ABSTRACT: | Toronto, December 12, 2019 - O3 Mining Inc. (TSX.V: OIII) ("O3 Mining" or the "Corporation") is pleased to provide new results from the ongoing drilling program on the Alpha property, located 5 kilometres (km) southeast of Val D’Or, Quebec. The area includes the claims under option from Golden Valley Mines Ltd. (Centremaque), of which O3 Mining has the option to acquire 80% interest. Current drilling is focused on the Cadillac Larder Lake Fault corridor, specifically Epsilon and Pontiac East zones, (Bulldog West Extension zone (Press Release October 21, 2019) is renamed Pontiac East zone) within the Alpha property. The Epsilon and Pontiac East zones are on each side of the sheared ultramafic volcanics of the Piche Group. Follow up drilling at Bulldog, located 1.5 km east, is pending freeze-up conditions to allow access. New analytical results include 9.3 g/t Au over 6.0 metres, including 25.7 g/t Au over 1.9 metres in CAX-19-016. O3 Mining President and Chief Executive Officer, Jose Vizquerra Benavides, commented: “The drilling campaign on the Alpha property has significantly expanded the Epsilon zone, now being traced over a 1.5 km strike and opened laterally, as well as continue to confirm mineralized intercepts within the Pontiac sediments. This new zone opens a possibility to a mineralized envelope of significant width.” | |
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