Company Interviews

O3 Mining (OIII) - 250,000m Resource Expansion Drilling Funded


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O3 Mining Inc., an Osisko Group company, and is a gold explorer and mine developer ready to produce from its highly prospective gold camps in Québec, Canada. O3 Mining benefits from the support, previous mine-building success and expertise of the Osisko team as it grows towards being a gold producer with several multi-million ounce deposits in Québec.

The company has 2 very important projects in Quebec, Marban and Alpha. There is over 3.9Moz at the Val D’Or property, one of the best mining areas in the world. O3 is currently moving the Marban project towards production in 2026 and there is a lot of exploration potential which could increase the amount of resources for the company and increase the value for shareholders.

O3 is well funded and the company is being very systematic with the development of the Marben resource. Now that they have reached a 2.5Moz resource at Marban, they are focused on moving ahead towards production. They plan to invest $256M in capex, they have completed the PEA and are in the process of working towards the PFS now and then onto the Feasibility Study for the project.

As Marban moves towards production, O3 will continue to drill to continue to improve and modify the engineering of the project and this will increase the size and value of the resource. 
O3 has a systematic approach to looking for further discoveries and is drilling on the western side of Marban and also in 4 different areas at Alpha. They hope to execute the project at Marban to produce cash flow and at the same time add to the resource at Alpha with potentially a much bigger discovery in the future. 

O3 Mining owns a 100% interest in all its properties (137,000 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSX.V: OIII) and on OTC Markets (OTCQX: OIIIF). The company is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders.

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