Press Release

O3 Mining’s Marban Alliance Project – Participatory Approach

May 25, 2022
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Val-d’Or, May 25, 2022 – O3 Mining Inc. (TSXV: OIII; OTCQX: OIIIF) (“O3 Mining” or the “Corporation”) is working to implement a participatory approach in conjunction with citizens and other stakeholders pertinent to its Marban Alliance project. To achieve this, the company is meeting the citizens located in the project’s proximity. The objective is to obtain feedback from the residents of the sector and determine the most suitable and effective mechanism to exchange through the continuation of discussions.

Vice-President, Sustainable Development and Human Resources, Myrzah Bello, explains, “When we met with citizens last September, we committed to keeping them informed on the progression of the project. We are and will always be attentive to the concerns and questions of our host community. I sincerely believe that together we can build an innovative and beneficial approach for all stakeholders involved”.

As part of these meetings, the Company also consulted citizens on the deviation of Chemin Gervais, which will be necessary if the project materializes.

O3 Mining is also aiming to define collaboratively a fair and transparent framework with the residents and businesses that will be affected by the acquisition of their property if the project materializes and those who will live nearby the mine. It is essential for O3 Mining to jointly establish an acquisition protocol with the residents, all while taking their concerns into account.

The Company, which is at the pre-feasibility stage, is currently working on the technical and economic viability of the Marban Alliance project. Several steps remain to be crossed, but O3 Mining is confident in the project’s viability.

About O3 Mining Inc.

O3 Mining Inc., an Osisko Group company, 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, previous mine-building success, and expertise of the Osisko team as it grows towards being 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 (66,000 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.

For further information, please contact:

Arianne Bilas
Spécialiste des communications
Minière O3
1 416-559-1229
abilas@o3mining.com

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