O3 Mining
O3 Mining Inc., (TSXV: OIII) which forms part of the Osisko Group of companies, is a mine development and emerging consolidator of exploration properties in prospective gold camps in Canada, with a focus on projects in Quebec and Ontario, and a goal of becoming a multi-million ounce, high-growth company.
Strategy Quote
"O3 Mining increased to twelve rigs from January 2021 as part of our aggressive 150,000 meter drilling campaign. Drilling will also highlight the potential at O3’s other properties, including Alpha. We are becoming an increasingly interesting piece on the chessboard that is Val-d’Or."
Jose Vizquerra, President & CEO
Main Leadership
Jose Vizquerra, President & CEO • Prior to his appointment at O3 Mining, Mr. Vizquerra was Executive Vice President of Strategic Development for Osisko Mining Inc. • Mr. Vizquerra joined Osisko Mining from Oban Mining Corporation, where, as President and CEO, he played a leading role in the combination of Oban, Corona Gold Corporation, Eagle Hill Exploration Corporation, and Ryan Gold Corporation to form Osisko Mining. Blair Zaritsky, CFO • Mr. Zaritsky possesses over 10 years of Canadian public practice experience with exposure to various types of engagements and clients gained through managing audit engagements of publicly listed companies traded on the TSX, TSXV, and CSE. He has been the CFO of Osisko Mining Inc., since June 2011. Louis Gariepy, VP Exploration • A geological engineer with over 30 years of international mining experience, including substantial experience in Québec and Latin America. Mr. Gariepy most recently served as Exploration Manager of Anglo American plc in Peru.
Summary
O3 Mining is well-capitalized and holds a 100% interest in a number of properties in Quebec (435,000 hectares) and Ontario (25,000 hectares), controlling 61,000 hectares in Val D’Or and over 50 km of strike length of the Cadillac-Larder Lake Faut. O3 Mining also has a portfolio of assets in the James Bay and Chibougamau regions of Quebec.
Main Assets
O3 Mining has a portfolio of assets in Quebec and Ontario, spanning more than 460,000 hectares. O3 projects host 3.6 million gold ounces of M&I resources at 1.26 g/t Au, and 1.5 million gold ounces of Inferred resources at 2.14 g/t Au.
Quebec Val-d’Or – Cadillac Break Properties - Malartic Property, hosting the Marban project. Marban PEA September 2020, using a US$1,450/oz gold price, resulted in a NPV of C$423 million and an internal IRR of 25.2%. - Alpha Property – eight drill rigs present in February 2021 - East Cadillac Group – hosts numerous catalogued gold occurrences, several with historic resources.
VRIFY Cadillac Break Property Overview
Matagami – Kinebik Gold Property - The property is composed of one contiguous block of 333 claims, making up 18,200 hectares, covering more than 30 km of strike along the Casa Berardi Fault.
Chibougamau – Gwillim property - Consisting of 38 mining claims covering 1,715 hectares, the Gwillim property is underlain by massive and pillowed mafic to intermediate volcanics of the upper Gilman Formation
