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O3 Mining Inc.
Summary
| Project: | Central Cadillac | |
|---|---|---|
| Deposit: | Alpha | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/7/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-4-2020: O3 Mining Inc. announces an Exploration/Drilling Update report for its Alpha deposit at the Central Cadillac project. Drilling results incl. 1.5m @ 13.4g/t Au from 593.8m. Toronto, April 07, 2020 - O3 Mining Inc. (TSX.V:OIII) ("O3 Mining" or the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Sebastien Vigneau (Internal) | |
| ABSTRACT: | Toronto, April 07, 2020 - O3 Mining Inc. (TSX.V:OIII) ("O3 Mining" or the "Corporation") is pleased to provide new drill results from its Alpha property located in 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. New analytical results include 13.4 g/t Au over 1.5 metres and 6.6 g/t Au over 2.0 metres in drill hole CAX-19-15EXT in the Pontiac East Zone located 1.5 km west of Bulldog, about 100 meters south of the Cadillac Larder Lake Fault within the Pontiac sediments. Intercept in hole CAX-19-15EXT is at -550 meters vertical, approximately 300 meters downdip from the nearest significant intercept of 5.3 g/t Au over 3.6 metres in hole CAX-18-006 (See Press Release February 12, 2019). The Pontiac zone corresponds to felsic albitized dykes with quartz veinlets associated with pytite, arsenopyrite and locally visible gold. O3 Mining President and CEO commented: “The new results from the Pontiac East zone supports mineralization for over 2 km in strike length. While the Government of Quebec has issued the temporary closing of non-essential businesses, O3 Mining would like to reassure our shareholders that we have adapted to the current situation. | |
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