O3 Mining: Market Has Ignored The Firms Low Valuation On February 25, O3 Mining announced encouraging drilling results in the Simkar sector of its Alpha property located in the well-known Val-d’Or mining region in Quebec. As part of its fully funded 100,000-meter drilling program at Alpha this year, the company intersected 1.2 grams of gold per tonne (g/t) of resources at Simkar over a 28.2 meter span, only 175-200 meters below the surface.