A Leader in Sustainable Mining Development In an industry where environmental responsibility is paramount, O3 Mining Inc. stands out as a beacon of sustainability and responsible mining practices. Recently, the company received significant accolades for its commitment to sustainable development. The Association d'Exploration Minière du Québec (AEMQ) honored O3 Mining with the 2023 Excellence in Sustainable Development prize. Further elevating its status, the Prospectors & Developers Association of Canada (PDAC) is set to award the 2024 PDAC Sustainable Development Award to O3 Mining. These awards underscore the corporation’s unwavering dedication to improving its practices and fostering sustainable growth in the mining sector.
Strategic Growth with a Sustainable Focus O3 Mining is strategically positioned as a gold explorer and developer in Québec, Canada. The company boasts full ownership of all its properties, spanning over 73,000 hectares, including the Marban Alliance project. This project, situated in the western part of Québec, is in the development stage, focusing on techno-economic and environmental studies. With an estimated mine life of 9.6 years and average annual production projected at 161,000 ounces, Marban Alliance is poised to be a significant player in the industry, holding an estimated 2.6 million ounces of gold resources.
ESG Practices at the Core of Operations O3 Mining's President and CEO, José Vizquerra, emphasizes the company's commitment to environmental, social, and governance (ESG) practices. These sustainable development awards from PDAC and AEMQ recognize O3 Mining's responsible project development and its role as an inspiring industry leader. In 2022, the company invested over C$2.3 million in ESG best practices, achieving the UL 2723 ECOLOGO certification, a first for a mining exploration company.
Collaborative Efforts and Future Commitments Myrzah Bello, Vice President of Sustainable Development and Human Resources at O3 Mining, highlights the collaborative efforts of employees, partners, and the Board of Directors in achieving these milestones. The company views these awards as both recognition and motivation to continue advancing its ESG initiatives. O3 Mining is committed to working with all stakeholders to forge a sustainable future while developing promising projects.
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