O3 Mining Inc. is pleased to announce the start of a 3,000 metre drill campaign at the Ludovick Sector in the Horizon Project, located seven kilometres west of the Marban and Norlartic deposits and four kilometres north-east of the Canadian Malartic open-pit owned by Agnico Eagles Mines Limited. The Corporation will be mobilizing two drill rigs to [...]
O3 Mining is pleased to announce that it has completed the sale of its Louvem Property to Eldorado Gold. O3 Mining has agreed to sell to Eldorado Québec a 100% interest in its Louvem Property, in exchange for cash consideration of C$80,000 and the retention by O3 Mining of a 0.5% Net Smelter Return royalty payable to the Corporation on all metal [...]
O3 Mining is proud to announce that it has been honored with the 2024 PDAC Sustainable Development Award. This award, given by the Prospectors & Developers Association of Canada, recognizes companies demonstrating an exceptional commitment to sustainable development in the mining industry. The PDAC Award for Sustainable Development is one of the [...]
O3 Mining Inc. announces that it has filed a closeout early warning report in respect of its holdings of common shares of NewOrigin Gold Corp. On March 5, 2024, O3 Mining by way of a series of trades through the facilities of the TSX Venture Exchange, disposed of an aggregate of 6,600,000 NewOrigin Shares, representing approximately 11.6% of the [...]
O3 Mining Inc. is pleased to announce that it has received initial results from its 2,886 metre infill drilling campaign completed between November 2023 and January 2024 on the Norlartic Extension area within the Marban Alliance project. Highlights: 9.6 g/t Au over 6.2 metres in hole O3MA-23-539 at a vertical depth of 36 metres, including 104 g/t [...]
O3 Mining announced the resignation of Mélissa Desrochers as a Director of O3 Mining to pursue other endeavours. Ms. Desrochers has been a Director of O3 Mining since April 8, 2021. In her resignation, Ms. Desrochers expressed her privilege of working with dedicated and talented people, and particularly her pride in the Sustainability Committee and [...]
O3 Mining announced the resignation of Murray John as a Director of O3 Mining to pursue other endeavours. Mr. John has been the Lead Director of O3 Mining since its formation in 2019. In his resignation, Mr. John expressed his great pleasure of serving as a Director of O3 Mining and wished O3 Mining and its management team every success in the [...]
O3 Mining is pleased to provide a review of 2023 and an outline of the outlook for 2024 focusing on essential catalysts of de-risking the Marban Alliance project, progressing potential strategic synergies, and kicking off the feasibility study. The Corporation is excited to enter a new phase of development in 2024 while maintaining its dedication [...]
O3 Mining Inc. announces that, effective March 31, 2023 and December 31, 2023, it granted to certain directors of the Corporation deferred share units of the Corporation in satisfaction of certain director fees that have been settled in DSUs in lieu of cash for the second and third quarters of 2023, respectively. To that end, directors of the [...]
O3 Mining Inc. is pleased to announce the closing of two transactions - with each of NewOrigin Gold Corp. and Globex Mining Enterprises Inc. - which will strengthen O3 Mining's presence in the Casa Berardi trend by consolidating the Kinebik project, as described below. O3 Mining's President and Chief Executive Officer, Mr. José Vizquerra commented [...]
O3 Mining Inc. announces that in accordance with the terms of the senior unsecured convertible debenture issued on June 19, 2023, it has elected to issue 150,721 common shares at a price of C$1.66 per Common Share as payment for, and for the satisfaction of, C$250,000, representing 50% of the total interest due and payable by the Corporation in [...]
O3 Mining Inc. is pleased to announce that effective December 15, 2023, it granted to certain officers, directors and/or employees of the Corporation an aggregate of 910,000 restricted share units of the Corporation , and an aggregate of 330,000 deferred share units of the Corporation. The RSUs are subject to a three-year cliff vesting period from [...]