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O3 Mining intersects 17.8 g/t Au over 1.1m - expands structure At East Cadillac

Jul 30, 2020

O3 Mining Inc. has released new drilling results from the East Cadillac Property in Val D’Or, Quebec, as part of its well-funded 150,000 metre drilling program.

Current drilling on the East Cadillac property is focused on the North Contact zone, which continues to show continuity laterally and at depth. The North Contact zone is located along the northern splay of the Cadillac Larder-Lake Fault (CLLF), which can be traced over 6 kilometres within the property. It consists of stacked mineralized lenses located at or near the sheared contact of small units of mafic volcanic rocks with the surrounding wacke. The summer campaign consists of follow-up holes at 100 metre spacing to expand the known mineralization at the North Contact. The company has completed 6,300 metres of drilling in fifteen drill holes on the North Contact, and three more holes remain to be completed.

Drilling Highlights:

  • 17.8 g/t Au over 1.1 metres in hole O3EC-20-032
  • 1.7 g/t Au over 10.3 metres in hole O3EC-20-030

These drill holes have been drilled 100 metres below and east of drill hole O3EC-20-007, which returned 3.1 g/t Au over 7.0 metres including 4.6 g/t Au over 2.9 metres, and including 5.3 g/t Au over 1.5 metres from the winter campaign this year (See Press Release April 9th, 2020). Assay results from eight drill holes are pending. All drill holes intersected the North Contact structure thus demonstrating its continuity over 700 meters laterally and 500 meters vertically. The zone remains open in all directions.
“The most recent drilling along the North Contact zone has exceeded our expectations and provide a solid foundation for our next winter campaign. Results from the North Contact demonstrate the strength and thickness of the mineralized envelope and potential for growth along with the 6 kilometre wide structure on our East Cadillac Property,” said Jose Vizquerra, President and CEO, O3 MiningThe company remains focused on strategically investing in its drilling capabilities at its properties as they reach different stages of development such as; mine development, resource development, and advanced exploration.

Drilling at the North Contact will resume in the winter following freezing conditions. The winter campaign will focus on the eastern extension of the North Contact zone with higher gold grades expected as a major NNW-SSE structure is approached to the east. The winter campaign will also target the extensions of the high-grade zones intersected during the winter 2020 campaign in holes O3EC-20-020 and O3EC-20-023 (See Press Release July 7th, 2020).  

Tags: Quebec / Exploration / Gold / All Articles