O3 Mining
Financials:
Primary ticker: TSXV:OIII, OTCQX:OIIIF
Stage of development: Exploration, Development
Primary minerals: Gold
Project to promote: Marban
Project location: Val-d’Or, Quebec, Canada
Website: www.o3mining.com
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 (137,000 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.
Cash: CAD$41M
Debt: Nil
Major shareholders:
Osisko Mining – 23.3%
Franklin Templeton – 8.2%
Insiders – 6.8%
Merk Investments – 3.3%
Van Eck Associates – 3.0%
Management ownership – 6.8%
Management Profile
Jose Vizquerra – President, CEO & Director
Mr. Vizquerra is President and Chief Executive Officer, and a director of O3 Mining Inc. (“O3 Mining”). Prior to his appointment at O3 Mining, Mr. Vizquerra was Executive Vice President of Strategic Development for Osisko Mining Inc. (“Osisko Mining”). Mr. Vizquerra joined Osisko Mining from Oban Mining Corporation (“Oban”), where, as President and Chief Executive Officer, he played a leading role in the combination of Oban, Corona Gold Corporation, Eagle Hill Exploration Corporation, and Ryan Gold Corporation to form Osisko Mining. Through ambitious drilling and prudent capital raising, Osisko Mining has become the highly valued proponent of the world-class Windfall gold project. Before that, Mr. Vizquerra was Head of Business Development for Compañia de Minas Buenaventura. Previously, he was a production and exploration geologist at the Red Lake gold mine in Ontario.
Mr. Vizquerra currently serves as a director of Osisko Mining, Moneta Gold and Sierra Metals Inc., and as an advisor to the boards of Discovery Metals Corporation and Palamina Resources. The Young Mining Professionals recognized Mr. Vizquerra as one of their Young Mining Professionals of the year with the 2019 Peter Munk Award.
Mr. Vizquerra is an alumni of the General Management Program at the Wharton School of Business. He holds an MSc in Mineral Exploration from Queens University and a B.Sc in Civil Engineering from UPC Universidad Peruana de Ciencias Aplicadas. Mr. Vizquerra is a Qualified Person pursuant to National Instrument 43-101.
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Marban Update Resource Estimate
6 Months:
Marban Pre-Feasibility Study