O3 Mining Refocuses Strategy, Drops Mill Acquisition

O3 Mining Inc (TSE:OIII) has released an update.

O3 Mining Inc. has canceled their option to purchase the Aurbel Mill from Eldorado Gold, a deal originally established with QMX Gold Corporation. The move is part of a strategic shift to concentrate resources on advancing the Marban Alliance project, refining mining processes, and exploring cooperative opportunities in processing and tailings. O3 Mining, a gold explorer poised to develop its Quebec properties, remains committed to exploration and development in the region.

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