TSXV:OIII | OTCQX:OIIIF - O3 Mining
TORONTO, July 25,
2023 /CNW/ - O3 Mining Inc. (TSXV: OIII)
(OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is proud to
announce it has published its 2022 environmental, social and
governance ("ESG") report outlining the Corporation's sustainable
development framework and its performance and practices.
O3 Mining achieved many significant milestones this past year as
it continued to advance towards its goal of becoming a gold
producer in the Val-d'Or region of
Québec, Canada. The Corporation is
firmly committed to developing its projects responsibly. In the
2022 report, the Corporation's ESG results can be compared to the
2021 ESG performance indicators.
Highlights
- Considerable investment in ESG best practices in 2022
- Achieved full UL 2723 ECOLOGO® Certification, an
industry first among exploration companies
- Reduced year-over-year recordable incident frequency by 39%
compared to 2021
- Organized first health and safety week for employees and
contractors
- Reduced greenhouse gas (GHG) emissions
- Reduced of water usage
- Rehabilitated of an area of 85,000
m2
- Held more than 140 meetings with local community members, in
addition to specific consultations meetings, workshops and
information meetings with local communities and First Nations
communities
- Completed a total of 2,835 hours of employee training in the
areas of Environment, Exploration and Geology, Health and Safety,
Governance/Management and Human Resources (representing a
year-over-year increase of 12 % compared to 2021)
- Contributed C$143,000 in
charitable donations and sponsorships
"Our 2022 ESG report demonstrates our progress and
willingness to continue improving. I am very proud of what the team
has accomplished this past year as we work collaboratively to
create a more sustainable future while building tomorrow's
projects. We are more determined than ever to play our role as a
positive and inspiring leader for the industry and our
peers." said José Vizquerra,
President and Chief Executive Officer of O3 Mining.
Myrzah Bello, Vice President of Sustainable Development and
Human Resources of O3 Mining commented, "Our
accomplishments in 2022 demonstrate that we are developing our
activities responsibly. We are deeply convinced that our projects
can be positively integrated over time at the local and regional
levels in a sustainable manner."
The 2022 ESG report is the third annual ESG report published by
O3 Mining and is designed to provide stakeholders O3 Mining's
progress as it continues to work towards its ESG goals. The 2022
ESG report has been reviewed and approved by the Sustainable
Development Committee established by the Board of Directors of the
Corporation, as well as Senior Management and the Vice President,
Sustainable Development and Human Resources, of the
Corporation.
Click here to view O3 Mining's 2022 ESG report.
About O3 Mining Inc.
O3 Mining Inc. is a gold explorer and mine developer on the road
to produce from its highly prospective gold camps in Québec,
Canada. O3 Mining benefits from
the support and expertise of a team of industry leaders as it grows
towards becoming a gold producer with several multi-million-ounce
deposits in Québec.
O3 Mining is well-capitalized and owns a 100% interest in all
its properties (62,000 hectares) in Québec. O3 Mining trades on the
TSX Venture Exchange (TSXV: OIII) and OTC Markets (OTCQX: OIIIF).
The Corporation is focused on delivering superior returns to its
shareholders and long-term benefits to its stakeholders. Further
information can be found on our website at
https://o3mining.com.
Cautionary Note Regarding
Forward-Looking Information
This news release contains "forward-looking information" within
the meaning of the applicable Canadian securities legislation that
is based on expectations, estimates, projections, and
interpretations as at the date of this news release. In this news
release, such forward-looking information includes, but is not
limited to, statements regarding the development of the
Corporation's projects. Any statement that involves discussions
with respect to predictions, expectations, interpretations,
beliefs, plans, projections, objectives, assumptions, future events
or performance (often but not always using phrases such as
"expects", or "does not expect", "is expected", "interpreted",
"management's view", "anticipates" or "does not anticipate",
"plans", "budget", "scheduled", "forecasts", "estimates",
"believes" or "intends" or variations of such words and phrases or
stating that certain actions, events or results "may" or "could",
"would", "might" or "will" be taken to occur or be achieved) are
not statements of historical fact and may be "forward-looking
information" and are intended to identify forward-looking
information. Except for statements of historical fact relating to
the Corporation, certain information contained herein constitutes
forward-looking statements. Forward-looking information is based on
estimates of management of the Corporation, at the time it was
made, involves known and unknown risks, uncertainties and other
factors which may cause the actual results, performance, or
achievements of the companies to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking information. Such factors include, among
others, risks relating to the ability of exploration activities
(including drilling) to accurately predict mineralization; errors
in management's modelling; the ability of any material to be mined
in a matter that is economic; the Corporation's ability to obtain
any necessary permits, consents or authorizations required for its
planned activities; the Corporation's ability to raise the
necessary capital or to be fully able to implement its business
strategies; and the price of gold. Although the forward-looking
information contained in this news release is based upon what
management believes, or believed at the time, to be reasonable
assumptions, the parties cannot assure shareholders and prospective
purchasers of securities that actual results will be consistent
with such forward-looking information, as there may be other
factors that cause results not to be as anticipated, estimated or
intended, and neither the Corporation nor any other person assumes
responsibility for the accuracy and completeness of any such
forward-looking information. The Corporation believes that this
forward-looking information is based on reasonable assumptions, but
no assurance can be given that these expectations will prove to be
correct and such forward-looking statements included in this news
release should not be unduly relied upon. The Corporation does not
undertake, and assumes no obligation, to update or revise any such
forward-looking statements or forward-looking information contained
herein to reflect new events or circumstances, except as may be
required by law. These statements speak only as of the date of this
news release.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release. No stock exchange, securities
commission or other regulatory authority has approved or
disapproved the information contained herein.
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SOURCE O3 Mining Inc.