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  • Pages
  • Editions
01 Cover
02 Welcome Letter / Sections
03 Article & Interview Directory
04 Section 1: Introduction
05 Introduction to Mining in Ontario
06 Government of Ontario Interview
07 Ontario Mining Association (OMA) Interview
08 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Interview
09 Navigating Uncertainty
10 Ormston List Frawley LLP Interview
11 PDAC Interview
12 Section 2: Production and Development in Ontario
13 Production in Ontario
14 Map of Ontario Mines
15 Newmont Interview
16 Barrick Gold Interview
17 Wesdome Gold Mines Interview
18 Alamos Gold Interview
19 Evolution Mining Interview
20 A New Wave of Ontario Gold Mines
21 Argonaut Gold Interview
22 Equinox Gold Interview
23 Industry Thoughts: Production and Development in Ontario
24 Section 3: Mining Finance
25 Mining Finance and Investment
26 Insights from the Toronto Stock Exchange
27 PearTree Securities Interview
28 Triple Flag Interview
29 Red Cloud Securities Interview
30 IBK Capital Interview
31 Stifel Interview
32 Roth Canada Interview
33 Industry Thoughts: Mining Finance Trends
34 Section 4: Toronto's Global Reach
35 Toronto’s Global Reach
36 Toronto's Global Reach Map
37 Rupert Resources Interview
38 Eloro Resources Interview
39 Industry Thoughts: Global Operations Based in Ontario
40 Eyes on Latin America
41 Torex Gold Resources Interview
42 Minera Alamos Interview
43 Sable Resources Interview
44 Section 5: Junior Exploration
45 Junior Exploration
46 Great Bear Resources Interview
47 Exploring Across Canada
48 O3 Mining Interview
49 Purepoint Uranium Group Interview
50 ALX Resources Interview
51 Industry Thoughts: Gold Juniors Have Their Say
52 Gold Juniors Replacing Depleting Resources
53 Moneta Gold Interview
54 Goldshore Resources Interview
55 Galleon Gold Interview
56 Element79 Gold Interview
57 Signature Resources Interview
58 Section 6: ESG and the Battery Materials Supply Chain
59 Transition Metals on the Rise
60 Conquest Resources Interview
61 Generation Mining Interview
62 Inventus Mining Interview
63 Noble Mineral Exploration Interview
64 The Move to Combat Climate Change Gathers Pace
65 Insights from Onyen Corporation
66 Thorn Associates Interview
67 Leading the Charge
68 Electra Battery Materials Interview
69 Frontier Lithium Interview
70 Industry Thoughts: Entering The Transition Economy
71 The Battery Material Supply Chain
72 ION Energy Interview
73 Clean Air Metals Interview
74 Section 7: Services, Technology and Innovation
75 Engineering, Construction & Consultancies
76 Ausenco Interview
77 Cementation Americas Interview
78 PCL Construction Interview
79 Redpath Mining Interview
80 Technological Advancements & Innovation
81 Industry Thoughts: Canadian Associations
82 EY Interview
83 Maestro Digital Mine Interview
84 Centric Mining Systems Interview
85 Industry Thoughts: OEMs Have Their Say
86 Drone Delivery Canada Interview
87 Sofvie Interview
88 Novamera Interview
89 Industry Thoughts: Paving the Way for ESG Reporting
90 Section 8: Company Profiles
91 Wesdome Company Profile
92 ION Energy Company Profile
93 PearTree Securities Company Profile
94 Ormston List Frawley Company Profile
95 Maestro Digital Mine Company Profile
96 Sofvie Company Profile
97 Credits

Jose Vizquerra, President and CEO,

O3 MINING INC.

"We are on track to become a gold producer and will continue working towards that goal."

O3 Mining recently reported the latest drill results from the 2021 program at Marban. What are the project’s next steps?

O3 Mining’s Marban project is located in Val-D’Or Québec, 12 kilometres from the Canadian Malartic mine, the largest operating gold mine in Canada. The Marban project already has resources in both measured and indicated categories which we intend to increase with the completion of our infill drilling program in 2021, and will be included in an updated resource by the end of Q1 2022. We are now moving from the previously completed PEA to the PFS, which we intend to finish this year to have more certainty as we continue to move towards production and to add greater fundamental value for our shareholders. We are on track to become a gold producer and will continue working towards that goal. We aim to have the Marban project in production by the end of 2026.

What is your long-term vision regarding potential depth expansion at Marban, and what is the relevance of having Canadian Malartic’s mill nearby?

Having projects on the prolific Cadillac-Larder Lake Fault zone (CLLFZ), at the boundary between the Abitibi Subprovince and the Pontiac Subprovince, means we are operating on a deep-seated structure. The fault hosts over six mines, with four in operation, including Goldex and Wesdome. These projects extend up to two kilometres and beyond at depth.

The open-pit operation at Canadian Malartic will run out of ore by 2028. Its Odyssey project, expected to produce approximately 545,400 oz, will start production in 2029 through 2039. The plant capacity was designed to support the open pit mine processing around 55,000 mt/d; with some days hitting up to 60,000 mt/d. As the mine transitions to underground, the mill will be processing significantly less ore. Given it is a single circuit plant that uses the same amount of power despite the amount of ore, we believe the opportunity to collaborate is open in the future

How will your relationship with Moneta evolve following the sale of the Garrison project?

Having a consolidated project facilitates drilling to expand the resource. For us, Garrison was not a sale, but rather the relocation of the asset into Moneta Gold. Many years ago, we bought Garrison knowing the property hosted 2.5 million oz. We also knew that the extension of the project was something worth monitoring resulting in the conversation with Moneta Gold for a strategic partnership combining the Garrison property and the Golden Highway property to create the Tower Gold project. I believe that Moneta Gold will be the next mine to be built in Ontario in the next five years. They hold potential for not only open-pit, but also underground mining scenarios.

How are the expansion drilling plans for Alpha evolving?

Alpha is a unique part of our land package in Val-d’Or, covering 20 km of the Cadillac Break, and located about three km south of Eldorado’s Lamaque mine. Our drilling at the Alpha project has been focused on the northern side of the project, where we have continued to produce very good drilling results from the Akasaba sector, Omega sector and the Bulldog-Kappa sector. This year, 33,000 m of drilling will focus on the expansion of the Kappa and Bulldog deposits, following up on significant Sigma type veins at the Omega sector to prove the existence of an auriferous system, and resource expansion of the Akasaba deposit.

How has the pandemic impacted your operations?

Being in the Abitibi-Témiscamingue region of Québec, we initially did not see many cases of Covid surrounding our projects and luckily, had zero cases with either our employees or our contractors. Through the implementation of added safety measures, we were able to continue with our activities, including the execution of our large-scale drill program. The primary effects we experienced were delays in getting assay results from the lab. The Omicron wave of the pandemic has been unavoidable and has directly impacted O3 Mining. To keep our employees and community safe we have implemented additional health and safety procedures to mitigate Covid transmission.

Next:

Interview: Purepoint Uranium Group