Home > News > O3 Mining Mobilizes Second...

O3 Mining Mobilizes Second Drill as Part of 150,000 metre Drill Program

Jun 8, 2020

O3 Mining Inc. (TSX.V:OIII) says crews are being mobilized for the resumption of drilling on its East Cadillac property situated in Val D’Or, Quebec. This is the second rig mobilized following the announcement of the expanded drill program from 50,000 to 150,000 metres. The first drill rig is currently on the Alpha property targeting the Orenada #4 zone at depth. This second drill rig will focus on the North Contact on the East Cadillac property.

“Our recent financing allows us to be aggressive in our exploration program as we tripled our drilling capacity from 50,000 to 150,000 metres at our Val D’Or properties,” said Jose Vizquerra, president and CEO, O3 Mining. “We remain focused on strategically investing in our drilling capacities at our properties as they reach different stages of development, resource development and advanced exploration.”

The North Contact Zone is located along the northern splay of the Cadillac Larder-Lake Fault (CLLF). The northern splay of the CLLF, traced over 6 km within the property, has been poorly tested and offers significant exploration potential. In January of this year, three holes were drilled to follow up on the historical intercept of 1.1 g/t Au over 23.5 m including 6.86 g/t Au over 2.0 m (See Press Release May 31, 2018). These three holes were drilled 100 metres apart, testing lateral and depth extensions of the historical hole. The North Contact zone was recognized in all three drill holes with positive results, and thus remains open in all directions, and is the focus of this drilling campaign. 

Highlights from last campaign at North Contact:

  • Best intercepts include 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, in drill hole O3EC-20-007.

Tags: Quebec / Exploration / Gold / All Articles