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Project: | Central Cadillac | |
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Deposit: | Bulldog | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 10/21/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 21-10-2019: O3 Mining Inc. announces an Exploration/Drilling Update report for its Bulldog deposit at the Central Cadillac project. Drilling results incl. 1.3m @ 18.8g/t Au from 295.7m. Toronto, October 21, 2019 - O3 Mining Inc. (TSXV:OIII) ("O3 Mining" o | |
Resources: | x | |
CP/QP: | [Overall Report]: Philippe Berthelot (Not stated) | |
ABSTRACT: | Toronto, October 21, 2019 - O3 Mining Inc. (TSXV:OIII) ("O3 Mining" or the "Corporation") is pleased to provide new results from the ongoing drilling program on the Central Cadillac Group of properties, located east of Val D’Or, Québec. Current drilling is focused on claims under option from Golden Valley Mines Ltd. (Centremaque), of which O3 Mining has the option to acquire an 80% interest. The new drill intercepts confirm the extension of the Bulldog mineralized structure located 1,500 metres to the east and importantly, demonstrate the potential for gold-bearing structures in the Pontiac sediments. The Bulldog gold-bearing mineralized structure discovered in December 2018, demonstrates good continuity in gold grades over several metres and is over 500 metres in strike length (See Press Release December 2018). O3 Mining President and Chief Executive Officer, Jose Vizquerra Benavides, commented: "It is very encouraging that our first drilling program has turned up significant new results. These results confirm our theory and increases our confidence in the potential for gold mineralization in the Pontiac sediments south of the Cadillac Break. These excellent results will help focus our expansion drilling to the west of the Bulldog discovery”. | |
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