Releases Outlook 2022 TORONTO, Jan. 18, 2022 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to provide its outlook and catalysts for 2022 in addition to a review of 2021.
"2021 was a very successful year for O3 Mining. At Marban, we successfully completed an infill drilling program to convert inferred resources within the Preliminary Economic Assessment ("PEA") pits, and we also aggressively drilled to expand mineralization outside the proposed PEA pits. This will be included in an updated resource in the coming months. In 2022, our focus is to complete the Pre-feasibility study ("PFS") at Marban all while continuing to drill at the Camflo extension at depth testing for Potential Economic Material ("PEM") with the aim to grow the potential mining operation. At the Alpha project, our focuses are to convert PEM to the Inferred resource category in the Akasaba sector, expand the resource for both the Kappa and Bulldog deposits while also focusing on exploration of the Omega sector. The Alpha project has a purchase option agreed on the Aurbel mill at which we will be conducting a scoping study for the mill and its tailings. We are excited for what is to come in 2022 and look forward to accomplishing many more milestones." commented Jos Vizquerra, President and CEO of O3 Mining.