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O3 Mining Inc.
Summary
| Project: | East Cadillac | |
|---|---|---|
| Deposit: | East Cadillac | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/9/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-4-2020: O3 Mining Inc. announces an Exploration/Drilling Update report for its East Cadillac deposit at the East Cadillac project. Drilling results incl. 1.8m @ 9.7g/t Au from 161m. Toronto, April 09, 2020 - O3 Mining Inc. (TSX.V:OIII) ("O3 Mining" or t | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Sebastian Vigneau (Internal) | |
| ABSTRACT: | Toronto, April 09, 2020 - O3 Mining Inc. (TSX.V:OIII) ("O3 Mining" or the "Corporation") is pleased to provide an update on Phase 1 drilling at its East Cadillac property, located 40 km East of Val D’Or, Quebec. The drilling is part of the companies 50,000 m drilling program on it’s Val D’Or properties. Drilling commenced on January 7th 2020, and to date 12,260 m (including 6,427 m within the Globex option) out of 15,000 m have been completed in 25 drill holes. Before the suspension due to COVID-19, two drill rigs were targeting the Simon West, Nordeau West, Nordeau East and North Contact targets on the East Cadillac Property. The focus of this first phase of drilling was to expand known mineralization at the different zones as well as fence drilling on both sides of the historic Chimo Mine, to gain a better understanding of the mineralization and underlying stratigraphy of the units. The East Cadillac property covers approximately 20 km of a prolific segment of the easternmost part of the Cadillac Larder Lake Fault (CLLF) corridor and surrounding the Chimo gold mine, with a historic production of 379,000 oz Au with an average grade of 4.0 g/t Au. | |
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