The Marban Alliance contains 2.55 million oz. of gold in measured and indicated resources at a grade of 1.70 g/t, and 510,000 oz. in inferred resources at 1.64 g/t. This project is currently progressing through exploration and development. The adjacent Alpha project covers a large area with several gold targets and is central to O3’s strategy to expand its resource base.
Overall, the company’s eight projects host 2.9 million oz. of measured and indicated gold resources at 1.18 g/t and 770,000 oz. of inferred resources at 3.04 g/t. Recent exploration and drilling activities aim to further define and increase these resources, aligning with broader industry trends supporting growth in the mining sector.
The offering was managed by Canaccord Genuity as the lead underwriter and sole bookrunner, supported by a syndicate including CIBC World Markets, Cormark Securities, Eight Capital, National Bank Financial, SCP Resource Finance LP…
