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O3 Mining Inc.

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Summary

Project:

Central Cadillac

Deposit:Alpha
Location:Canada
Commodities:Gold
Date:2/28/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:28-2-2020: O3 Mining Inc. announces an Exploration/Drilling Update report for its Alpha deposit at the Central Cadillac project. Drilling results incl. 13.5m @ 2.4g/t Au from 550.5m. Toronto, February 28, 2020 - O3 Mining Inc. (TSX.V: OIII) ("O3 Mining" o
Resources:x
CP/QP:[Overall Report]: Louis Gariepy (Internal)
ABSTRACT:Toronto, February 28, 2020 - O3 Mining Inc. (TSX.V: OIII) ("O3 Mining" or the "Corporation") is pleased to provide new results from the ongoing 50,000 metre drilling program on it’s Val D’Or, Quebec properties. Current drilling on the Alpha property continues to grow the Bulldog zone to the east and at depth, as well as grow the Skarn corridor. Two drill rigs continue to follow up on significant intercepts as part of the 25,000 m drilling program at Alpha. New analytical results from the Bulldog zone include 2.4 g/t Au over 13.5 m including 6.9 g/t Au over 1.5 m in hole O3AL-20-287, 1.6 g/t Au over 7.0 m including 7.6 g/t Au over 0.5 m in hole O3AL-20-288, and 5.7 g/t Au over 2.0 m in hole O3AL-20-289B. Intercepts in holes O3AL-20-288 and O3AL-20-289B are located 100 m to the east of those in holes O3AL-20-284 and O3AL-20-285A, reported on February 12 (See Press Release February 12, 2020) while the intercept in hole O3AL-20-287 is located 150 m below O3AL-20-285A. These new results support the eastward and depth extensions of the Bulldog zone. Additionally, drill hole O3AL-20-287 intersected 67.3 g/t Au over 0.9 m at the same stratigraphic position as the New Skarn zone approximately 130 m below the previously reported 3.1 g/t Au over 7.8 m intercepts in hole O3AL-19-273 (See Press Release December 20, 2019).

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