O3 Mining Receives Final Assay Results at Malartic H, Intersects 30.0 g/t Au over 3.0 Metres, Marban Alliance

TSXV:OIII | OTCQX:OIIIF - O3 Mining

TORONTO, Nov. 19, 2024 /CNW/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the third and final set of assay results from its 28,868 metre drilling campaign completed between January 2024 and August 2024 on the Malartic H deposit ("Malartic H") within the Marban Alliance project, in Val-d'Or, Québec, Canada (the "Marban Alliance Project").

Highlights:

• 30.0 g/t Au over 3.0 metres in hole O3MA-24-707 at a vertical depth of 241.4 metres, including 101 g/t Au over 0.7 metres on Malartic H
  
  
• 40.2 g/t Au over 1.9 metres in hole O3MA-24-701 at a vertical depth of 141.3 metres, including 151 g/t Au over 0.5 metres on Malartic H
  
  
• 1.8 g/t Au over 39.8 metres in hole O3MA-24-642 at a vertical depth of 55.6 metres

O3 Mining's President and Chief Executive Officer, Mr. José Vizquerra commented: "We are pleased to announce the receipt of the final assay results from our infill drilling campaign at Malartic H, completed earlier this year. These results mark the third and final set of assays, following the initial results on April 17, 2024, and the second set of results on July 18, 2024. With the completion of this campaign and the full compilation of assay data, we are now positioned to work on a mineral resource estimate as we focus on upgrading the current inferred resource to the measured and/or indicated categories. We are proud of the progress made at Malartic H, which continues to reinforce our confidence in the strength of the Marban Alliance project and the strategic value Malartic H brings to it."

The objective of the 2024 drilling campaign on the Malartic H deposit is to upgrade mineral resources that are currently classified as inferred mineral resources in the Corporation's current mineral resource estimate to the indicated mineral resource category (see news release of O3 Mining dated June 20, 2023 and entitled "O3 Mining Delivers Maiden Mineral Resource Estimate for Malartic H"). The 2024 drilling campaign totaled 143 drill holes of which assay results for 45 drill holes are being reported today (all results received). The results for 56 and then 42 drill holes were previously reported (see news release of O3 Mining dated April 17, 2024, entitled "O3 Mining Intersects 119.1 g7/t Au over 2.5 Metres at Malartic H, Marban Alliance and the news release of O3 Mining dated July 18, 2024, entitled "O3 Mining Intersects 102.0 g/t Au over 1.5 Metres at Malartic H, Marban Alliance").

Malartic H Deposit

The Malartic H deposit has a recognized strike length of 950 metres, 300 metres wide and down to a vertical depth of 500 metres. It is located within five kilometres of the proposed processing plant described in the pre-feasibility study published on the Marban Alliance Project in 2022 and approximately one kilometre to the north of the Malartic Hygrade former mine, near the hinge of a regional Z-shaped fold. The mineralized system is partially open laterally and completely open at depth. Notably, the Malartic H deposit is positioned between the northwestern extensions of the Marbenite and Norbenite shears, which host most of the resources of the Marban Alliance Project. At Malartic H, the two shears are northwest-trending and dipping around 70 degrees to the northeast. The deposit is hosted by an alternance of mafic and ultramafic volcanic sequence of the Jacola formation. Similar to the Hygrade area, numerous intermediate to felsic dyke systems are injected in the volcanic sequence. The mineralization occurs as disseminated pyrite with local visible gold in quartz veins and veinlets and disseminated in the host rock. Zones are spatially correlated shears within mafic volcanic units or with the intermediate to felsic dykes. All zones are roughly subparallel.

Figure 1: Photo of visible gold at 241.9 metres in hole O3MA-24-707 at Malartic H

Table 1: Drill Hole Intercepts at Malartic H. Only intercepts with metal factor above 5.0 (g/t Au x metres) are reported, cut-off 0.3 g/t Au and above 200 metres from surface. See Table 2 below for full technical parameters.

Hole	From (m)	To (m)	Vertical Depth (m)	Grade (g/t Au)	Core Length (m)	Metal Factor (g/t Au x m)
O3MA-24-578	24.4	32.9	19.3	0.9	8.5	7.7
O3MA-24-578	37.1	44.7	28	0.9	7.6	6.5
O3MA-24-593	85.5	105	65.4	0.6	19.5	11.5
O3MA-24-593	114.2	135.8	85.7	1.2	21.6	26.8
O3MA-24-605	130.7	132	92.3	5.2	1.3	6.8
O3MA-24-608	50	57.7	35.5	1.3	7.7	10.1
O3MA-24-610	4	18.1	6.5	1.8	14.1	26.0
O3MA-24-631A	153.4	156.7	130.4	1.7	3.3	5.6
O3MA-24-635	46.5	52.2	34	1.2	5.7	7.0
O3MA-24-638	51.6	57.1	38.2	0.9	5.5	5.2
O3MA-24-638	61.1	77	48.6	3.3	15.9	51.9
Including	70.5	71.5	50	33.6	1	33.6
O3MA-24-638	207.5	215.1	146.7	0.7	7.6	5.1
O3MA-24-639	46.4	52	33.7	1.2	5.6	6.6
O3MA-24-642	55.6	95.4	62.2	1.8	39.8	70.2
O3MA-24-644	46.2	57	34.4	3.2	10.8	35.0
Including	55	56	37	18.8	1	18.8
O3MA-24-646	160.7	162	108.5	4	1.3	5.2
O3MA-24-646	169.5	171	114.3	9.2	1.5	13.8
O3MA-24-646	179	184	121.7	1.5	5	7.6
O3MA-24-648	20.2	22.9	17.1	2.3	2.7	6.3
O3MA-24-648	39.6	49.7	36.3	0.9	10.1	9.2
O3MA-24-660A	134.7	142.9	120.7	2	8.2	16.5
Including	137.8	138.6	120	12.8	0.8	10.2
O3MA-24-660A	315	316	272.7	5.8	1	5.8
O3MA-24-697	69.4	70.5	52.4	5.5	1.1	6.1
O3MA-24-697	194	201	140	1.1	7	8.0
O3MA-24-699	208	210.2	159.3	3	2.2	6.5
O3MA-24-699	290.9	295.2	223.3	1.9	4.3	8.2
O3MA-24-699	298.3	301	228.3	2.8	2.7	7.6
O3MA-24-699	337.8	347	260.9	5.9	9.2	53.9
Including	338.8	339.5	258	14.1	0.7	9.9
Including	339.5	340	259	63.9	0.5	32.0
O3MA-24-699	352	358	270.4	2.2	6	13.5
O3MA-24-699	401.9	405	306.6	13.9	3.1	43.0
Including	402.5	403	306	43.7	0.5	21.8
Including	403	403.5	306	14.9	0.5	7.4
O3MA-24-700	396.7	400.8	278.1	2.2	4.1	8.9
O3MA-24-701	59	68.5	44.7	0.6	9.5	5.3
O3MA-24-701	104.7	109.2	74.8	1.9	4.5	8.6
O3MA-24-701	141.3	143.2	99.1	40.2	1.9	76.5
Including	141.3	141.8	99	151	0.5	75.5
O3MA-24-701	189.5	204	136.3	0.6	14.5	8.6
O3MA-24-702	73	77.2	54.3	1.2	4.2	5.0
O3MA-24-702	91	93.6	66.8	3.1	2.6	8.0
O3MA-24-702	113.7	118.6	84	1.4	4.9	6.8
O3MA-24-702	126.6	136.5	95	1.1	9.9	11.1
O3MA-24-702	181.8	198.9	136.8	1.7	17.1	29.1
O3MA-24-703	211.6	215	163.7	1.8	3.4	6.1
O3MA-24-703A	201	205.5	145.9	8.8	4.5	39.5
Including	203	204	146	30.9	1	30.9
O3MA-24-703A	325.5	330	231.7	5.1	4.5	23.0
O3MA-24-704	107.6	113	78	7.5	5.4	40.3
Including	110	111	78	17.8	1	17.8
O3MA-24-705	232.8	236.6	184.8	4.9	3.8	18.6
O3MA-24-705	288.5	293.5	228.3	1.7	5	8.6
O3MA-24-705	391.5	400	309.2	0.8	8.5	6.5
O3MA-24-706B	116	119.5	93.4	2.3	3.5	8.0
O3MA-24-706B	277.5	281.1	220.9	1.4	3.6	5.1
O3MA-24-706B	284.7	292.3	228.1	4	7.6	30.0
Including	286.6	287.3	227	14.5	0.7	10.2
O3MA-24-707	241.4	244.4	171.6	30	3	90.1
Including	242.5	243.2	172	101	0.7	70.7
O3MA-24-707	249.7	260	179.7	2.2	10.3	22.4
O3MA-24-708	150	151.5	102.4	7.3	1.5	10.9
O3MA-24-708	260.4	273.5	178.1	2.3	13.1	30.6
O3MA-24-710	218.7	228.5	181.9	2.7	9.8	26.4
Including	228	228.5	186	17.5	0.5	8.8
O3MA-24-710	233.5	235	190.4	18.7	1.5	28.0
Including	233.5	234	190	20.4	0.5	10.2
Including	234	234.5	190	34.2	0.5	17.1
O3MA-24-710	286.8	299.3	237	3.9	12.5	49.1
Including	288.8	289.7	234	13.1	0.9	11.8
O3MA-24-711	416.6	425	353.3	1.1	8.4	9.5
O3MA-24-711	497	504	417.6	1.3	7	9.0
O3MA-24-714	122.3	146	106.5	0.7	23.7	15.5
O3MA-24-714	213.5	217.7	170.1	1.3	4.2	5.4
O3MA-24-714	298.8	304	237.1	1.6	5.2	8.6

True width determination is currently unknown but is estimated at 65-80% of the reported core length interval for the zones. Assays are uncut except where indicated.

Figure 2: Marban Alliance Project Map 

Figure 3: Malartic H - Significant Intercepts Map

Table 2: Technical parameters of holes of the 2024 campaign at Malartic H that have received assay results

Hole	Azimuth  (°)	Dip  (°)	Start Depth  (m)	End depth (m)	Length	UTM Zone 18 Easting (m)	UTM Zone 18 Northing (m)	Assays Status
O3MA-24-549	224	-45	0	141.3	141.3	275488	5339570	All Received
O3MA-24-550A	224	-49	0	182.7	182.7	275596	5339618	All Received
O3MA-24-551A	215	-81	0	129.2	129.2	275488	5339570	All Received
O3MA-24-552	226	-50	0	183.1	183.1	275484	5339510	All Received
O3MA-24-553	224	-50	0	158.6	158.6	275625	5339582	All Received
O3MA-24-554A	224	-48	0	213.0	213.0	275521	5339495	All Received
O3MA-24-555	224	-45	0	126.0	126.0	275453	5339528	All Received
O3MA-24-556	224	-45	0	153.0	153.0	275410	5339496	All Received
O3MA-24-557	224	-50	0	189.0	189.0	275558	5339526	All Received
O3MA-24-558	224	-45	0	96.0	96.0	274904	5339951	All Received
O3MA-24-559	224	-55	0	225.0	225.0	275372	5339515	All Received
O3MA-24-560	224	-46	0	168.0	168.0	275593	5339450	All Received
O3MA-24-561	224	-45	0	96.0	96.0	274939	5339929	All Received
O3MA-24-562	224	-45	0	162.0	162.0	275565	5339478	All Received
O3MA-24-563	63	-85	0	108.0	108.0	275373	5339515	All Received
O3MA-24-564	225	-45	0	105.0	105.0	274985	5339922	All Received
O3MA-24-565	224	-55	0	180.0	180.0	275383	5339432	All Received
O3MA-24-566A	225	-60	0	107.9	107.9	275605	5339351	All Received
O3MA-24-567	224	-45	0	106.0	106.0	275028	5339904	All Received
O3MA-24-569	224	-45	0	189.1	189.1	275374	5339457	All Received
O3MA-24-570	224	-46	0	180.1	180.1	275570	5339372	All Received
O3MA-24-571	224	-45	0	105.0	105.0	275060	5339878	All Received
O3MA-24-572	225	-55	0	108.0	108.0	275553	5339412	All Received
O3MA-24-573	224	-45	0	141.1	141.1	275329	5339417	All Received
O3MA-24-574	224	-45	0	105.0	105.0	275562	5339317	All Received
O3MA-24-575	224	-45	0	147.0	147.0	275101	5339918	All Received
O3MA-24-576	224	-45	0	143.6	143.6	275531	5339336	All Received
O3MA-24-578	224	-45	0	168.0	168.0	275120	5339880	All Received
O3MA-24-579	224	-50	0	170.6	170.6	275307	5339451	All Received
O3MA-24-580	224	-45	0	144.0	144.0	275514	5339371	All Received
O3MA-24-581	224	-45	0	137.9	137.9	275079	5339843	All Received
O3MA-24-583	224	-45	0	147.0	147.0	275492	5339396	All Received
O3MA-24-584A	224	-45	0	123.0	123.0	275285	5339487	All Received
O3MA-24-585	224	-45	0	93.0	93.0	275017	5339842	All Received
O3MA-24-587	224	-45	0	90.0	90.0	275289	5339382	All Received
O3MA-24-588	224	-45	0	96.0	96.0	274987	5339864	All Received
O3MA-24-589	224	-50	0	174.0	174.0	275481	5339457	All Received
O3MA-24-590	224	-50	0	99.0	99.0	275270	5339416	All Received
O3MA-24-591	224	-45	0	96.0	96.0	274948	5339878	All Received
O3MA-24-592	224	-45	0	108.0	108.0	275184	5339503	All Received
O3MA-24-593	224	-45	0	216.0	216.0	275187	5339776	All Received
O3MA-24-594	224	-45	0	105.0	105.0	275222	5339483	All Received
O3MA-24-595	252	-45	0	188.0	188.0	275590	5339613	All Received
O3MA-24-597	224	-45	0	94.6	94.6	275243	5339449	All Received
O3MA-24-598	214	-63	0	231.0	231.0	275190	5339965	All Received
O3MA-24-599	225	-66	0	156.0	156.0	275020	5340267	All Received
O3MA-24-600	224	-45	0	102.0	102.0	275039	5339803	All Received
O3MA-24-602	224	-45	0	138.2	138.2	275081	5339786	All Received
O3MA-24-603	224	-45	0	213.2	213.2	275201	5339958	All Received
O3MA-24-604	224	-45	0	171.1	171.1	274987	5340286	All Received
O3MA-24-605	224	-45	0	147.0	147.0	275098	5339751	All Received
O3MA-24-606	234	-55	0	198.1	198.1	275099	5340231	All Received
O3MA-24-607	197	-65	0	261.0	261.0	275201	5339958	All Received
O3MA-24-608	224	-45	0	201.0	201.0	275138	5339789	All Received
O3MA-24-609	210	-52	0	162.2	162.2	275071	5340220	All Received
O3MA-24-610	224	-45	0	132.0	132.0	275106	5339700	All Received
O3MA-24-611	224	-45	0	189.0	189.0	275160	5339920	All Received
O3MA-24-612	224	-45	0	221.9	221.9	275207	5339749	All Received
O3MA-24-613	239	-65	0	186.0	186.0	275154	5339953	All Received
O3MA-24-614	224	-45	0	110.8	110.8	274989	5340199	All Received
O3MA-24-615	206	-45	0	291.2	291.2	275172	5340092	All Received
O3MA-24-617	239	-80	0	207.0	207.0	275154	5339953	All Received
O3MA-24-618	238	-59	0	369.0	369.0	275512	5339760	All Received
O3MA-24-619	224	-45	0	201.0	201.0	275141	5339956	All Received
O3MA-24-620	224	-56	0	165.0	165.0	275095	5340185	All Received
O3MA-24-621	223	-46	0	162.0	162.0	275326	5339526	All Received
O3MA-24-622A	216	-72	0	225.0	225.0	275119	5339999	All Received
O3MA-24-623	228	-46	0	216.0	216.0	275115	5340141	All Received
O3MA-24-624	224	-56	0	291.0	291.0	275512	5339760	All Received
O3MA-24-625	224	-67	0	177.0	177.0	275326	5339526	All Received
O3MA-24-626	238	-67	0	237.0	237.0	275115	5340141	All Received
O3MA-24-627	202	-51	0	226.0	226.0	275471	5339696	All Received
O3MA-24-628	224	-45	0	183.0	183.0	275110	5339983	All Received
O3MA-24-630	224	-45	0	198.0	198.0	275073	5340113	All Received
O3MA-24-631A	224	-56	0	285.0	285.0	275480	5339725	All Received
O3MA-24-632	224	-45	0	150.0	150.0	275071	5339944	All Received
O3MA-24-633	224	-45	0	132.1	132.1	275021	5340118	All Received
O3MA-24-634	228	-85	0	204.0	204.0	275326	5339526	All Received
O3MA-24-635	224	-45	0	180.0	180.0	275070	5339999	All Received
O3MA-24-636	224	-45	0	141.2	141.2	274989	5340144	All Received
O3MA-24-637	212	-64	0	312.0	312.0	275419	5339755	All Received
O3MA-24-638	224	-45	0	282.0	282.0	275216	5339862	All Received
O3MA-24-639	224	-45	0	117.0	117.0	274983	5339970	All Received
O3MA-24-641	224	-45	0	159.1	159.1	275028	5340011	All Received
O3MA-24-642	225	-58	0	279.0	279.0	275216	5339862	All Received
O3MA-24-643A	196	-47	0	318.0	318.0	275419	5339755	All Received
O3MA-24-644	224	-45	0	96.0	96.0	274947	5339991	All Received
O3MA-24-645	224	-45	0	200.7	200.7	275069	5340051	All Received
O3MA-24-646	224	-45	0	189.0	189.0	275031	5340073	All Received
O3MA-24-647	225	-70	0	165.0	165.0	275216	5339862	All Received
O3MA-24-648	224	-57	0	180.0	180.0	275263	5339576	All Received
O3MA-24-649	201	-51	0	309.0	309.0	275390	5339693	All Received
O3MA-24-651	224	-45	0	247.5	247.5	275275	5339698	All Received
O3MA-24-652	224	-45	0	174.0	174.0	274979	5340083	All Received
O3MA-24-654	224	-45	0	346.0	346.0	275298	5339941	All Received
O3MA-24-655	224	-45	0	178.1	178.1	275167	5339707	All Received
O3MA-24-656	224	-51	0	166.0	166.0	275292	5339546	All Received
O3MA-24-657	224	-45	0	87.1	87.1	275085	5339628	All Received
O3MA-24-659	224	-45	0	144.1	144.1	275221	5339538	All Received
O3MA-24-660A	216	-61	0	339.1	339.1	275379	5339707	All Received
O3MA-24-661	224	-45	0	144.0	144.0	275263	5339525	All Received
O3MA-24-662	224	-45	0	96.2	96.2	275027	5339736	All Received
O3MA-24-663	224	-45	0	106.0	106.0	275056	5339712	All Received
O3MA-24-665	224	-45	0	105.1	105.1	275063	5339663	All Received
O3MA-24-666	224	-50	0	348.0	348.0	275368	5339727	All Received
O3MA-24-668	224	-45	0	126.0	126.0	275184	5339558	All Received
O3MA-24-670	224	-45	0	96.0	96.0	275144	5339517	All Received
O3MA-24-671	224	-46	0	168.0	168.0	275481	5339614	All Received
O3MA-24-672	224	-45	0	180.0	180.0	275725	5339392	All Received
O3MA-24-673	224	-45	0	114.0	114.0	275150	5339580	All Received
O3MA-24-674	224	-60	0	273.0	273.0	275327	5339635	All Received
O3MA-24-675	224	-77	0	177.0	177.0	275481	5339614	All Received
O3MA-24-676	252	-47	0	246.0	246.0	275460	5339589	All Received
O3MA-24-677	224	-50	0	129.0	129.0	275113	5339603	All Received
O3MA-24-678	224	-45	0	405.0	405.0	275382	5339908	All Received
O3MA-24-679	226	-47	0	222.0	222.0	275460	5339589	All Received
O3MA-24-680	202	-50	0	235.0	235.0	275327	5339635	All Received
O3MA-24-681	245	-47	0	231.0	231.0	275598	5339669	All Received
O3MA-24-682	224	-45	0	201.0	201.0	275233	5339658	All Received
O3MA-24-684	224	-45	0	150.0	150.0	275670	5339384	All Received
O3MA-24-685	224	-50	0	240.1	240.1	275280	5339648	All Received
O3MA-24-691	224	-45	0	129.0	129.0	274948	5340158	All Received
O3MA-24-692	224	-45	0	105.0	105.0	274911	5340068	All Received
O3MA-24-693	224	-45	0	120.0	120.0	274949	5340106	All Received
O3MA-24-694	224	-45	0	141.0	141.0	274893	5340004	All Received
O3MA-24-695	224	-45	0	180.0	180.0	274936	5340043	All Received
O3MA-24-696	236	-48	0	402.0	402.0	275382	5339908	All Received
O3MA-24-697	206	-45	0	313.0	313.0	275133	5340126	All Received
O3MA-24-698	224	-45	0	297.0	297.0	275319	5339739	All Received
O3MA-24-699	224	-53	0	405.0	405.0	275397	5339875	All Received
O3MA-24-700	224	-46	0	441.0	441.0	275449	5339861	All Received
O3MA-24-701	224	-45	0	285.0	285.0	275285	5339762	All Received
O3MA-24-702	224	-45	0	276.0	276.0	27525q	5339785	All Received
O3MA-24-703A	224	-45	0	381.0	381.0	275407	5339822	All Received
O3MA-24-704	224	-45	0	279.2	279.2	275226	5339815	All Received
O3MA-24-705	223	-52	0	435.0	435.0	275456	5339814	All Received
O3MA-24-706B	241	-52	0	306.0	306.0	275294	5339825	All Received
O3MA-24-707	224	-45	0	327.0	327.0	275294	5339825	All Received
O3MA-24-708	224	-45	0	351.0	351.0	275363	5339780	All Received
O3MA-24-710	225	-55	0	308.9	308.9	275294	5339825	All Received
O3MA-24-711	224	-64	0	609.0	609.0	275382	5339908	All Received
O3MA-24-714	224	-50	0	348.0	348.0	275341	5339796	All Received

Qualified Person

The scientific and technical content of this news release has been reviewed and approved by Mrs. Fati Cor Seck, Geo (OGQ #1656), Senior Geologist of O3 Mining, who is a "qualified person" within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").

Quality Assurance/Quality Control

Intercepts occur within geological confines of major zones but have not been correlated to individual vein domains at this time. Half-core samples are shipped to Agat Laboratory located in Val-d'Or, Québec, and Mississauga, Ontario, for assaying. The core is crushed to 75% passing -2 mm (10 mesh), a 250 g split of this material is pulverized to 85% passing 75 microns (200 mesh) and 50 g is analyzed by Fire Assay (FA) with an Atomic Absorption Spectrometry (AAS) finish. Samples assaying >10.0 g/t Au are re-analyzed with a gravimetric finish using a 50 g charge.

Commercial certified standard material and blanks are systematically inserted by O3 Mining's geologists into the sample chain after every 18 core samples as part of the quality assurance and quality control ("QA/QC") program. Third-party assays are submitted to other designated laboratories for 5% of mineralized samples. Drill program design, QA/QC, and interpretation of results are performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices.

About O3 Mining Inc.

O3 Mining Inc. 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 and expertise of a team of industry leaders as it grows towards becoming 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 (127,100 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.

Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, the ability to incorporate new drilling in an updated technical report and resource modelling, the Corporation's ability to grow the Malartic H deposit and the ability to convert inferred mineral resources to indicated mineral resources. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "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 variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Corporation, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the drill results at Malartic H; the significance of drill results; the ability of drill results to accurately predict mineralization; the ability of any material to be mined in a matter that is economic. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Corporation nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Corporation believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Corporation does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. For further information on O3 Mining, please contact:

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SOURCE O3 Mining Inc.

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