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O3 Mining Inc.
Summary
| Project: | Central Cadillac | |
|---|---|---|
| Deposit: | Alpha | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/7/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-1-2020: O3 Mining Inc. announces an Exploration/Drilling Update report for its Alpha deposit at the Central Cadillac project. Drilling results incl. 10.4m @ 1.6g/t Au from 366.0m. Toronto, January 7, 2020 - O3 Mining Inc. (TSX.V: OIII) ("O3 Mining" or t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Sebastien Vigneau (Internal) | |
| ABSTRACT: | Toronto, January 7, 2020 - 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. Drilling on the Alpha property continues to focus on the Cadillac Larder Lake Fault corridor, specifically the Bulldog, Epsilon and Pontiac East zones (Figure 1). New analytical results at Bulldog include 12.2 g/t Au over 1.0 metre in O3AL-19-271, and 3.1 g/t Au over 2.1 metres and 1.6 g/t Au over 10.4 metres including 9.2 g/t Au over 0.5 metre in O3AL-19-273. These two holes intersected the Bulldog zone respectively about 100 metres below and west of the historical intersect of 10.9 g/t Au over 4.5 metres in OAX-18-245 (See Press Release December 11, 2018). O3AL-19- 273 cut the zone at about 300 metres vertical depth and represents the deepest hole to date on this zone. These initial drill holes around OAX-18-245 suggest continuity within the Bulldog zone, which remains open laterally and at depth (Figure 2). The 2020 drilling program consist of a minimum of 10,000 metres to explore extensions of the Bulldog zone laterally and to 500 metres depth. O3 Mining President and Chief Executive Officer, Jose Vizquerra Benavides, commented: “Our drilling campaign continues to demonstrate gold mineralization at the Alpha property. With the continued potential to expand the Cadillac corridor our focus remains on this exciting property.” | |
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