• 35.1 g/t Au over 4.5 metres in hollow O3MA-24-678 at a vertical intensity of 72.9 metres, together with 102.0 g/t Au over 1.5 metres on Malartic H
• 3.0 g/t Au over 15.4 metres in hollow O3MA-24-655 at a vertical intensity of 52.7 metres on Malartic H
• 2.1 g/t Au over 19.3 metres in hollow O3MA-24-678 at a vertical intensity of 212.4 metres, together with 31.7 g/t Au over 0.7 metre on Malartic H

O3 Mining’s President and Well-known Govt Officer, Mr. José Vizquerra commented: “The results from our exploration program at Malartic H continue to yield excellent intercepts. These intercepts represent the second set of assay results following the announcement of our initial positive assay results on April 17, 2024. Malartic H is consistently showing attractive results that increase the potential for growth laterally and at depth. Our team is currently completing additional drilling at Malartic H and we remain hopeful that this additional drilling could help support the quality and potential growth of the deposit. We are proud of the work completed to date at Malartic H which supports our belief in the robustness of the Marban Alliance Project and the Malartic H’s role in the project.”

The target of the 2024 drilling marketing campaign at the Malartic H storage is the conversion of mineral sources which are these days labeled as inferred mineral sources within the Company’s flow mineral useful resource estimate to the indicated mineral useful resource division (see information drop of O3 Mining dated June 20, 2023 and entitled “O3 Mining Delivers Maiden Mineral Resource Estimate for Malartic H“). The wintry weather portion of the 2024 drilling marketing campaign totaled 121 drill holes of which assay effects for 42 drill holes are being reported lately (together with 8 holes with bias effects), the consequences for 56 drill holes had been prior to now reported (see information drop of O3 Mining dated April 17, 2024 and entitled “O3 Mining Intersects 119.1 g/t Au over 2.5 Metres at Malartic H, Marban Alliance“), and the consequences for 23 holes are nonetheless pending. Later a recreation all the way through the spring breakup duration, the drilling marketing campaign has resumed with a trim drilling program of five,700 metres had to whole the drill spacing of 40 metres vital for the division conversion. The Company will record the exceptional assay effects as they change into to be had.

Malartic H Reserve

The Malartic H storage has a identified accident dimension of 950 metres, 300 metres vast and all the way down to a vertical intensity of 500 metres. It’s situated inside of 5 kilometres of the proposed processing plant described within the pre-feasibility find out about revealed on Marban Alliance in 2022 and roughly one kilometre to the north of the Malartic Hygrade former mine, alike the hinge of a regional Z-shaped wrinkle. The mineralized device is in part evident laterally and entirely evident at intensity. Significantly, the Malartic H storage is located between the northwestern extensions of the Marbenite and Norbenite shears, which host many of the sources of the Marban Alliance Venture. At Malartic H, the 2 shears are northwest-trending and dipping round 70 levels to the northeast. The storage is hosted via an alternance of mafic and ultramafic volcanic order of the Jacola formation. Homogeneous to the Hygrade department, diverse intermediate to felsic dyke techniques are injected within the volcanic order. The mineralization happens as disseminated pyrite with native perceptible gold in quartz veins and veinlets and disseminated within the host rock. Zones are spatially correlated shears inside of mafic volcanic gadgets or with the intermediate to felsic dykes. All zones are more or less subparallel.

Figure 1: Photo of visible gold at 104.5 metres in hole O3MA-24-678 at Malartic H

Desk 1: Drill Hollow Intercepts at Malartic H. Handiest intercepts with steel issue above 5.0 (g/t Au x metres) are reported, cut-off 0.3 g/t Au and above 200 metres from floor. See Desk 2 underneath for complete technical parameters.

Figure 2: Marban Alliance Project Map 

Figure 3: Malartic H – Significant Intercepts Map

Desk 2: Technical parameters of holes of the 2024 marketing campaign at Malartic H that experience won assay effects

Certified Particular person

The clinical and technical content material of this information drop has been ready, reviewed, and licensed via Mrs. Élise Bourgault, Geo (OGQ #894), Exploration Supervisor of O3 Mining, who’s a “qualified person” inside the which means of Nationwide Device 43-101 – Requirements of Disclosure for Mineral Tasks (“NI 43-101“).

Attribute Word/Attribute Regulate

Intercepts happen inside of geological confines of main zones however have no longer been correlated to particular person vein domain names at this date. Part-core samples are shipped to Agat Laboratory situated in Val-d’Or, Québec, and Mississauga, Ontario, for assaying. The core is overwhelmed to 75% passing -2 mm (10 mesh), a 250 g break of this subject matter is pulverized to 85% passing 75 microns (200 mesh) and 50 g is analyzed via Hearth Assay (FA) with an Atomic Absorption Spectrometry (AAS) end. Samples assaying >10.0 g/t Au are re-analyzed with a gravimetric end the use of a 50 g rate.

Business qualified usual subject matter and blanks are systematically inserted via O3 Mining’s geologists into the pattern chain then each 18 core samples as a part of the constituent promise and constituent regulate (“QA/QC”) program. 3rd-party assays are submitted to alternative designated laboratories for five% of mineralized samples. Drill program design, QA/QC, and interpretation of effects are carried out via certified individuals using a QA/QC program in keeping with NI 43-101 and trade best possible practices.

About O3 Mining Inc.

O3 Mining Inc. is a gold explorer and mine developer at the highway to assemble from its extremely potential gold camps in Québec, Canada. O3 Mining advantages from the backup and experience of a crew of trade leaders because it grows against turning into a gold manufacturer with a number of multi-million-ounce deposits in Québec.

O3 Mining is well-capitalized and owns a 100% pastime in all its homes (107,000 hectares) in Québec. O3 Mining trades at the TSX Project Alternate (TSXV: OIII) and OTC Markets (OTCQX: OIIIF). The Company is fascinated with turning in great returns to its shareholders and long-term advantages to its stakeholders. Additional data will also be discovered on our web site at https://o3mining.com.

Cautionary Be aware Referring to Ahead-Having a look Data
This information drop comprises “forward-looking information” inside the which means of the acceptable Canadian securities law this is according to expectancies, estimates, projections, and interpretations as on the hour of this information drop. Ahead-looking statements together with, however don’t seem to be restricted to, statements with recognize to deliberate and ongoing drilling, the worth of drill effects, the power to proceed drilling, the affect of drilling at the definition of any useful resource, the power to include untouched drilling in an up to date technical record and useful resource modelling, the Company’s skill to develop the Malartic H storage and the power to transform inferred mineral sources to indicated mineral sources. Any commentary that comes to discussions with recognize to predictions, expectancies, interpretations, ideals, plans, projections, targets, guesses, day occasions or efficiency (ceaselessly however no longer at all times the use of words akin to “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or diversifications of such phrases and words or declaring that positive movements, occasions or effects “may” or “could”, “would”, “might” or “will” be taken to happen or be completed) don’t seem to be statements of historic truth and is also forward-looking data and are meant to spot forward-looking data. Excluding for statements of historic truth in terms of the Company, positive data contained herein constitutes forward-looking statements Ahead-looking data is according to estimates of control of the Company, on the date it was once made, comes to recognized and unknown dangers, uncertainties and alternative elements which would possibly motive the original effects, efficiency or achievements of the corporations to be materially other from any day effects, efficiency or achievements expressed or implied via such forward-looking data. Such elements come with, amongst others, dangers in terms of the drill effects at Malartic H; the worth of drill effects; the power of drill effects to appropriately are expecting mineralization; the power of any subject matter to be mined in a question this is financial. Even though the forward-looking data contained on this information drop is primarily based upon what control believes, or believed on the date, to be affordable guesses, the events can’t safeguard shareholders and potential shoppers of securities that original effects will probably be in keeping with such forward-looking data, as there is also alternative elements that motive effects to not be as expected, estimated or meant, and neither the Company nor any alternative individual assumes accountability for the accuracy and completeness of this kind of forward-looking data. The Company believes that this forward-looking data is according to affordable guesses, however disagree promise will also be for the reason that those expectancies will turn out to be right kind and such forward-looking statements incorporated on this press drop will have to no longer be unduly relied upon. The Company does no longer adopt, and assumes disagree legal responsibility, to replace or revise this kind of forward-looking statements or forward-looking data contained herein to replicate untouched occasions or cases, except for as is also required via regulation. Those statements discuss best as of the hour of this information drop.

Neither the TSX Project Alternate nor its Legislation Products and services Supplier (as that word is outlined within the insurance policies of the TSX Project Alternate) accepts accountability for the adequacy or accuracy of this information drop. Disagree reserve change, securities fee or alternative regulatory authority has licensed or disapproved the ideas contained herein. For additional data on O3 Mining, please touch:

José Vizquerra | CEO, President & Director
[email protected]

Alex Rodriguez | Vice President, Company Construction
[email protected]
Phone: +1 (647) 391-7724
Toll Sovereign: +1 (833) 979-3516

SOURCE O3 Mining Inc.

Additionally from this supply