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O3 Mining’s leadership team are Quebec specialists, said president and CEO is Jose Vizquerra.
Vizquerra spoke to Kitco on Friday at the Deutsche Goldmesse show in Frankfurt, Germany.
Part of the company’s targets includes the Marban, which is just 12km from Canadian Malartic mine and 8km from Kiena mine.
O3 Mining (CVE:OIII) is an an Osisko Group company.
“We have the support of the technical team from Osisko, the group that actually built the Canadian Malartic mine,” said Vizquerra.
At Marban over 600,000m of drilling is completed with C$60 million invested in the ground.
A Marban preliminary economic assessment was completed in September last year showing an after-tax net present value of C$423 million with a low cost to build, a C$256 million capital expenditure.
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