O2Gold Inc.
O2Gold Inc.
Sector: Mining
Description
O2Gold Inc. is a mining company that operates in the metal and mining industry. O2Gold is involved in the identification, evaluation, acquisition, exploration, and development of mineral properties, specifically gold projects in Colombia. In April 2012, O2Gold Inc was incorporated pursuant to the Canada Business Corporations Act with a head office in Toronto.
O2Gold Inc. is a public company listed in the Toronto Venture Stock Exchange, with its ordinary shares trading under the ticker symbol OTGO. The Ontario-based precious metal exploration company owns and operates the Otu Central Project situated within the Segovia/ Zaragoza region in Antioquia, Columbia.
The company’s mineral assets are located along the 80-kilometer-long Otu Fault. The Otu Central Project is contiguous to two operational mines within a perimeter of 20 kilometers:
• El Silencio Mine operated by Gran Colombia Gold
• El Limon Mine operated by Soma Gold
The Otu Central is the company’s flagship project encompassing a total land area of approximately 30,000 hectares and hosts four mineralized zones:
Aurora
Chispero
Amalfi
West Aurora
The Aurora Zone includes the primary brownfield targets – La Aurora mine, Quintanillo vein and La Aparecida vein. The company has conducted detailed surface mapping, sample collections and testing, a geophysical survey and diamond drilling. It also includes secondary brownfield targets – Botella and Amanzaguapos.
In August 2021, the company completed geophysical survey studies in the Aparecida Target. The survey resulted in the discovery of four distinct vein directions.
O2Gold Inc. is focused on exploration programs to identify and evaluate new mineral targets and exploit the upside mineral resources potential for the development and advancement of its project. The company understands the importance of environment management and follows an ESG approach to implement the best mining practices in the interest of all the stakeholders.
Peers
AMO
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OOR
Opus One Gold Corporation
BITF
Bitfarms Ltd.
PPTA
Perpetua Resources Corp
AGD
Antioquia Gold Inc.
DEF
Defiance Silver Corp.
ATY
Atico Mining Corporation
SOI
Sirios Resources Inc.
PGZ
Pan Global Resources Inc.
VG
Volcanic Gold Mines Inc.
MLY
American CuMo Mining Corporation
SIL
Saint Jean Carbon Inc.