Projects

Where we Operate

O3 has a portfolio of assets in Quebec and Ontario, spanning more than 460,000 hectares. Our projects host resources of 2,066,154 gold ounces of measured and indicated resources at 1.40 g/t Au.

Chibougamau Matagami Timmins Val D'or

Alpha Property

Property Summary

The Alpha Property has been explored by various operators since the early 1930’s, with more than 2,400 drill holes completed since that time. Other work includes multi-property geophysical and geochemical programs, and trenching and mapping, all of which are being compiled into a single database. Discoveries in the region (Lapa and Goldex), at depths between 500m and 1,500m, show that the Cadillac Break Group of properties are highly under-explored, as most recent drilling has been in the upper 150m over the whole package, only locally testing down to 300m depth.

Project Description

Geology

Geologically, the dominant feature underlying the properties is the Cadillac Break; a regional fault zone that separates metasedimentary rocks of the Pontiac Group on the south side from predominantly volcanic rocks and associated intrusive rocks on the north. However, this large property package hosts a variety of geological environments favourable for gold mineralization, including those, which are known elsewhere to host large gold deposits, including:

  • Shear- Zone

  • Gold-rich massive sulphide

  • Porphyry gold-copper and skarn

  • Disseminated gold

  • Gold Mineralization

The most significant gold mineralization defined to date is currently known on the Alpha property. Gold mineralization in Orenada Zones 2 and 4, within the Alpha property group of claims, share many geological attributes with other vein-type gold deposits of the Val D’Or district in terms of host rock composition, mineralogy and hydrothermal alteration, also known as orogenic gold deposits. The gold mineralized “corridors” at Alpha have been interpreted based on drilling, historic showings and the style of mineralization identified in drill core and field observations (see Alpha Map). The main targets on the Alpha property include Bulldog, Epsilon, Pontiac East/West, Mid-Canada, and Akasaba.

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