O3 Mining Inc. has recently stated that it has commenced a 50,000-meter drill program on its Val d’Or properties.
The financings represent an important milestone. We are initiating work on the Bulldog/Centremaque properties in the Val d’ Or area of the prolific Abitibi gold district. Our plan is to commence an aggressive exploration program to confirm, upgrade and expand the current resources with a 50,000-meter drill program. O3 Mining is excited to initiate work in a World Class district that has historically produced over 30 million ounces of gold.
José Vizquerra Benavides, President and CEO, O3 Mining Inc.
Drilling has begun in the Centremaque area with an aim to extend the present mineralization. Two more drill rigs will be organized in the coming weeks on the recently discovered Bulldog zone which has, of late, yielded vital gold (Au) values including 10.87 g/ton Au over 4.5 m in hole OAX-18-245.
Discovered at the end of 2018, the Bulldog zone has not seen any development. Mineralization at this zone is hosted in strongly sheared and altered porphyry intrusions that are potentially similar to Canadian Malartic. The Bulldog zone remains exposed in all directions.