O3 Mining Inc. is pleased to announce that it has sold its Hemlo properties located in the Hemlo mining district of Ontario to Canadian Orebodies Inc. in exchange for 2,550,000 common shares of Orebodies , and a discovery bonus of CDN $1,000,000, payable in cash or shares at Orebodies' option, if ever, if in the future Orebodies publishes a [...]
O3 Mining Inc. is pleased to announce the appointment of Ausenco Engineering Canada Inc. , as the lead consultant, to prepare a Preliminary Economic Assessment in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects on its 100% owned Marban Project in Val D'Or, Qu?bec. The Marban Project is located in the [...]
O3 Mining Inc. is pleased to announce that it has sold its remaining 24 Tortigny claims, located approximately 125 kilometres North of Chibougamau, Qu?bec, to Kenorland Minerals Ltd. in exchange for cash consideration of CDN $900,00 payable to O3 Mining in four payments over three years, and a 2% net smelter returns royalty over the claims sold to [...]
O3 Mining Inc. is pleased to announce that it has sold a package of 627 claims forming part of the Tortigny property located approximately 125 kilometres North of Chibougamau, Qu?bec to Troilus Gold Corp. in exchange for 1,700,000 common shares of Troilus , and a 2% net smelter returns royalty over the package of claims sold to Troilus . The [...]
O3 Mining Inc. is pleased to announce that it has entered into an asset purchase agreement with Blue Thunder Mining Inc. to sell its Fancamp and Embry properties located in the Chibougamau mining district of Quebec to Blue Thunder in exchange for 4,514,436 common shares of Blue Thunder, and a 2% net smelter returns royalty over the Fancamp and [...]
O3 Mining Inc. 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 out of 15,000 m have been completed in [...]
O3 Mining Inc. 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. , 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 [...]
O3 Mining Inc. announced today that in response to the order of the Government of Quebec to close all non-essential businesses until April 13, 2020, it has suspended operations in Quebec. To date, O3 Mining has had no suspected or confirmed cases of COVID-19, and has put in place a COVID-19 protocol to protect its workforce. The health and safety [...]
O3 Mining Inc. is pleased to announce that it has completed the purchase of the Regcourt gold property and the Louvem property from Monarch Gold Corp. pursuant to an asset purchase agreement dated March 16, 2020. The Regcourt Property is located at the eastern end of the Val-d'Or gold mining camp, approximately 30 kilometres east of Val-d'Or and [...]
O3 Mining Inc. 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 show the continuity of the Bulldog zone at depth. New analytical results from the Bulldog zone include 6.4 g/t Au over 7.5 m in hole O3AL-20-290B. This [...]
O3 Mining Inc. 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 [...]
O3 Mining Inc. announces that today it has granted to certain officers, directors, employees and/or consultants of the Corporation an aggregate of 1,370,000 options to acquire common shares of the Corporation, and an aggregate of 150,000 restricted share units of the Corp. The Options have an exercise price of $2.50 per share, have a five-year term [...]
