O3 Mining Drills 5.7 G/T Gold Over 14.5 Metres At Marban Project

O3 Mining Inc. (TSXV: OIII) this morning provided an update on its ongoing drill program at its Marban property in Val-d’Or, Québec. The results highlight an intersect of 5.7 g/t gold over 14.5 metres.

The results come from 11 holes drilled in and around the “open-pittable deposits” at the property.

Highlights from the drill results include:

  • O3MA-21-144: 5.7 g/t gold over 14.5 metres
    • including 61.9 g/t gold over 1.1 metres
  • O3MA-21-130A: 4.2 g/t gold over 7.8 metres
  • O3MA-21-135: 3.3 g/t gold over 10.9 metres

The mining firm has so far drilled 97,728 metres on its Val-d’Or properties. On the other hand, drilling at the Marban project has so far completed 54,382 metres out of the planned 80,000-metre drill program aimed to convert resources to be part of the property’s maiden mineral reserve.

O3 Mining Inc. last traded at $1.99 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Gold’s Wild Bull Run: Are Markets About to Break? | Mike McGlone

First Majestic Silver: The Santa Elena Mine

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

New Found Gold Hits 70.65 g/t Gold Over 5.25 Metres At Golden Joint

New Found Gold (TSXV: NFG) this morning released further drill results from its ongoing exploration...

Thursday, January 6, 2022, 08:48:33 AM

Barrick Gold Disputes Human Rights Allegations At North Mara

Barrick Gold Corp (TSX: ABX) said on Tuesday that it believes the law firm Leigh...

Tuesday, December 13, 2022, 09:25:14 AM

Orefinders Resources Sees Kirkland Lake Gold Take 9.9% Stake In Company

Orefinders Resources Inc (TSXV: ORX) has seen Kirkland Lake Gold (TSX: KL) acquire a 9.9%...

Wednesday, April 21, 2021, 07:20:36 AM

Alamos Gold Makes US$1.0 Billion Claim Against Turkey, Takes $215 Million Impairment Charge

Alamos Gold (TSX: AGI) this morning announced that it is making a US$1.0 billion investment...

Tuesday, April 20, 2021, 09:07:06 AM

Eclipse Gold Mining: A Potentially Shareholder Unfriendly M&A Transaction

On December 7, Northern Vertex Mining Corp. (TSXV: NEE) announced it would be acquiring Eclipse...

Wednesday, December 16, 2020, 02:57:00 PM