Press Release

O3 Mining Reaffirms Commitment to Responsible Mining Practices

May 27, 2024
Share

 

TSXV:OIII | OTCQX:OIIIF – O3 Mining

TORONTO, May 27, 2024 /CNW/ – O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining” or the “Corporation”) is pleased to reaffirm its commitment to harmonious and responsible mining practices.

To that end, O3 Mining wishes to announce in respect of its non-core Harricana project in Val-d’Or, Québec that it has made a firm commitment not to engage in exploration activities on any of its claims held on the local golf course, the Recreational Forest and category 1 groundwater catchment areas.

Building on a strategic reflection begun more than a year ago, notably by contributing to the government’s participatory approach to the harmonious development of mining activity, the Corporation has initiated discussions with local organizations to identify sustainable solutions to limit or even exclude mining exploration activities in these areas.

Rather than abandoning these claims, which would allow other mining companies or any other acquirer to pursue their development, O3 Mining will instead retain them while it explores alternative potential future uses and avenues for reconciliation.

This new approach for a mining company revolves around a vision of openness, transparency and authenticity and is in line with O3 Mining’s key commitment to implement concrete solutions to promote responsible mine development.

O3 Mining’s determination to promote harmonious and responsible mine development has been recognized both in Québec and Canada by receiving the 2023 Excellence in Sustainability award from Québec’s Mineral and Exploration Association and the 2024 Sustainability Award from The Prospectors and Developers Association.

In parallel, O3 Mining continues to focus its efforts on the development of its flagship project Marban Alliance located in the Dubuisson district of Val-d’Or and the city of Malartic.

About O3 Mining Inc.

O3 Mining Inc. is a gold explorer and mine developer on the road to produce from its highly prospective gold camps in Québec, Canada. O3 Mining benefits from the support and expertise of a team of industry leaders as it grows towards becoming a gold producer with several multi-million-ounce deposits in Québec.

O3 Mining is well-capitalized and owns a 100% interest in all its properties (107,000 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSXV: OIII) and OTC Markets (OTCQX: OIIIF). The Corporation is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders. Further information can be found on our website at https://o3mining.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

SOURCE O3 Mining Inc.

For further information: For further information on O3 Mining, please contact: José Vizquerra, CEO, President & Director, info@o3mining.com; Myrzah Bello, Vice President, Sustainable Development and Human Resources, mtavaresbello@o3mining.com, Telephone: +1 (647) 526-3151

Recent posts

Communication to the community – Community Relations Office opens in Dubuisson

Val d’Or, June 12, 2024 The O3 Mining team is proud to announce the opening of its brand-new community relations office for the Marban […]

View the post June 12, 2024

O3 Mining Publishes 2023 ESG Report

The 2023 ESG report is O3 Mining’s fourth report outlining the assessment of ESG performance throughout the years. We are aware that the practice of sustainable and responsible development in our business is constantly evolving, requiring ongoing commitment and reflection. We continue to work with our stakeholders to create a sustainable future while building the projects of tomorrow.

View the post May 9, 2024

O3 Mining Intersects 119.1 g/t Au over 2.5 Metres at Malartic H, Marban Alliance

TORONTO, April 17, 2024 /CNW/ – O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining” or the “Corporation”) is pleased to announce that it has received partial assay results from its 24,505 metre drilling campaign completed between January and March 2024 on the Malartic H area within the Marban Alliance project, in Val-d’Or, Québec, Canada.

View the post April 17, 2024

O3 Mining Received 2024 PDAC Sustainable Development Award

TORONTO, March 6, 2024 /CNW/ – O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining” or the “Corporation”) is proud to announce that it has been honored with the 2024 PDAC Sustainable Development Award. This award, given by the Prospectors & Developers Association of Canada (PDAC), recognizes companies demonstrating an exceptional commitment to sustainable development in the mining industry.

View the post March 6, 2024

Stay tuned

To always be up to date with the latest news related to the Marban Alliance project, subscribe to our newsletter below.