O3 Mining expands Marban mineralization
O3 Mining Inc. is updating its well-funded 250,000 metre drilling program at its Marban and Alpha properties in Val-d'Or, Québec, seeking to convert, expand, and discover new gold resources.
Marban Open-Pits
Drilling Highlights:
- 20.2 g/t Au over 1.5 metres in hole O3MA-20-021; located 25 metres below the Kierens proposed open pit
- 4.1 g/t Au over 13.4 metres including 23.0 g/t Au over 1.2 meters in hole O3MA-21-046; expansion of mineralization inside the Kierens proposed open pit
- 2.7 g/t Au over 3.3 metres in hole O3MA-21-045; expansion of Marban zone
- 7.3 g/t over 0.8 meters in hole O3MA-21-039; expansion of North zone
A 3D-model of the Marban project is available on the Company's website at: https://o3mining.com/presentations/drill-results
Multiple intercepts at Marban are all located near-surface, above a depth of 200 vertical metres that demonstrate the potential to grow mineral resources in and around the proposed open-pit areas outlined in the Preliminary Economic Assessment ("PEA") released on September 08, 2020.
"These results continue to demonstrate our ability to add value through our aggressive exploration program. We believe there is more gold we can bring into the resources at our flagship Marban property which will be extremely valuable to our planned mining operation, giving us the possibility to both extend the mine life and increase production", said O3 Mining's President and Chief Executive Officer, Mr. Jose Vizquerra.
Tags: Quebec / Exploration / Gold / All Articles