O3 Mining (OIII) – Technical Analysis & Due Diligence

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Merlin Marr-Johnson spoke with Jose Vizquerra, president and CEO, Louis Gariepy, VP of exploration, and Jean-Félix Lepage, director of operations, for O3 Mining (TSX-V:OIII) to have a technical discussion regarding the company’s projects.

Our previous interview: https://youtu.be/VBHKhtG3lOM

O3 Mining Inc. is a gold explorations and development company focused on its assets located in Québec, Canada. The company forms part of the Osisko group of companies, benefitting from its expertise in successful mine development and building.

The Marban project of the company is located 12 km away from the Canadian Malartic Mine, in the Archean Abitibi greenstone belt of Quebec. The company completed a preliminary economic assessment of the project in September 2021, which boasted a capital cost of CAD$ 256 million and an after-tax NPV5% of CAD$ 423 million. The project has seen 79,729 meters of exploration and in-fill drilling to date and is in the proximity of necessary infrastructure including railway, hydropower, technical services and access to an experienced local labour force. O3 Mining is currently underway with a pre-feasibility study of the Marban project. The company is focused on completing the fieldwork, economic trade-off studies, environmental impact studies and metallurgical-, geotechnical- and geomechanical test work needed to publish the PFS by Q3 of 2022.

The Alpha project of the company covers more than 7,754 ha and includes 20 km of the prolific Cadillac break. O3 Mining plans to conduct a 33,000 m exploration drilling program at the alpha project aimed at expanding its Kappa and Bulldog deposits as well as conducting an exploration of the project’s Omega sector.

O3 mining plans to publish a resource update of the Marban project in 2022 as well as complete its pre-feasibility study. The company aims to also complete expansion drilling at the Alpha project which will enable the publishing of a resource estimate in 2022.

00:00 – Company Overview
00:35 – Preliminary Economic Assessment & Canadian mine
02:55 – Engineering Project, Geological Maps & Gold-Bearing Quartz Veins
06:46 – Basaltic Unit, Statistical Comfort & PA Resource
12:18 – Overbooked Labs, Open Pits & Trade-Off Studies
17:23 – Trade-Off Evaluation, Standard Processing & Melodic High Grade
21:21 – Main Campflow Plug, Dramatic Shifts & Drill Test
25:20 – Immediate Questions, Asset Results & Discussing Infrastructures
29:17 – Expiration Drill Loads & Past Discoveries
33:16 – Odette Zone, Budgeting & Outside Drilling
36:44 – North Eat Areas, Engineering Studies & Target Resource
40:26 – Quick Outline, Indications & Intercepts
46:10 – High Grade Intercepts, Assuming Reasons & Mineralized Structures
51:04 – Outro

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