O3 Mining Inc (TSX-V:OIII, OTCQX:OIIIF), the Québec-focused gold firm, said it has bolstered its senior management with the promotion of two of its executives with effect from September 1, 2021.
The company said that its director of sustainable development at Ms Myrzah Tavares Bello has been promoted to vice-president of sustainable development and will be based in Montreal, Canada.
Meanwhile, director of corporate development Alex Rodriguez Tovalino becomes vice-president of corporate development. He will be based in Toronto, Canada.
READ: O3 Mining reveals new drill results extending mineralization at the Bulldog deposit on its Alpha property in Val-d'Or, Quebec
The company noted that Bello has over 20 years experience providing consulting services to mining, oil and gas and other sectors, while Rodriguez is an economist with over 10 years experience in the mining industry and capital markets, spanning both corporate development and equity research roles. For example, he led and supported a range of strategic and finance initiatives at Volcan Compania Minera - a subsidiary of Glencore PLC (LSE:GLEN) - as head of business development.
O3 Mining said that subject to regulatory approval, it has retained the services of brokerage company ITG to provide market-making services.
ITG will trade common shares of O3 on the TSX Venture Exchange and all other trading venues for the purposes of maintaining a reasonable and orderly market for, and improving the liquidity of, the common shares of 03.
Earlier in August, O3 Mining unveiled a new set of drill results from its Bulldog deposit in Val-d’Or, Quebec, which expanded the mineralization at the Alpha property. Drill results include 2.6 grams per ton (g/t) gold over 14.1 metres (m), including 5.5 g/t gold over 6.2m only 65m below surface on the deposit.
Other intercepts include 9.5 g/t gold over 4.8m at a vertical depth of 340m and 7.1 g/t gold over 5.6m, including 26.5 g/t gold over 1.3m at a vertical depth of 150m on the Kappa zone.
The company is hoping to increase resources within trucking distance of the 1,600 ton-per-day Aurbel Mill, which is located 10 kilometres from the Alpha property.
Contact the author at giles@proactiveinvestors.com