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O3 Mining Continues To Expand Simkar As It Intersects 413 0 g/t Au Over 1 2 Metres

TORONTO, Dec. 17, 2020 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) ( O3 Mining or the Corporation ) is pleased to provide additional encouraging drilling results from the Simkar zone within the Sector 3 of its Alpha property in Val-d Or, Québec, as part of a fully-funded 150,000 metre drilling program. Currently, the Corporation has seven drill rigs operating, four at Alpha and three at its Malartic properties. The press release is available on the Corporation s website at https://o3mining.com/news/. O3 Mining s CEO Jose Vizquerra joined Proactive Investors to share new drill results from Simkar in its Alpha Property Figure 1: Alpha Property Map (CNW Group/O3 Mining Inc.)

American Creek Resources Ltd : American Creek s JV Partner Tudor Gold Intersects 1 215 gpt AuEq over 354 0 Meters Within 1225 5 Meters of 0 702 gpt AuEq (Hole GS-20-94)

American Creek Resources Ltd.: American Creek s JV Partner Tudor Gold Intersects 1.215 gpt AuEq over 354.0 Meters Within 1225.5 Meters of 0.702 gpt AuEq (Hole GS-20-94) All assay values are uncut, and intervals reflect drilled intercept lengths. HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m intervals. The following metal prices were used to calculate the Au Eq metal content: Gold $1322/oz, Ag: $15.91/oz, Cu: $2.86/lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.012) + (Cu% x 1.4835). All metals are reported in USD and calculations do not consider metal recoveries. True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths.

Tudor Gold Intersects 1 215 gpt AuEq over 354 0 Meters Within 1225 5 Meters of 0 702 gpt AuEq (Hole GS-20-94) and 1 078 gpt AuEq over 345 0 Meters Within 921 0 Meters of 0 821 gpt AuEq (Hole GS-20-83) at the Goldstorm Zone, Treaty Creek, Northwest B C

Tudor Gold Intersects 1 215 gpt AuEq over 354 0 Meters Within 1225 5 Meters of 0 702 gpt AuEq (Hole GS-20-94) and 1 078 gpt AuEq over 345 0 Meters Within 921 0 Meters of 0 821 gpt AuEq (Hole GS-20-83) at the Goldstorm Zone, Treaty Creek, Northwest B C
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Tudor Gold Corp : Tudor Gold Intersects 1 215 gpt AuEq over 354 0 Meters Within 1225 5 Meters of 0 702 gpt AuEq (Hole GS-20-94) and 1 078 gpt AuEq over 345 0 Meters Within 921 0 Meters of 0 821 gpt AuEq (Hole GS-20-83) at the Goldstorm Zone, Treaty Creek,

Tudor Gold Corp.: Tudor Gold Intersects 1.215 gpt AuEq over 354.0 Meters Within 1225.5 Meters of 0.702 gpt AuEq (Hole GS-20-94) and 1.078 gpt AuEq over 345.0 Meters Within 921.0 Meters of 0.821 gpt AuEq (Hole GS-20-83) at the Goldstorm Zone, Treaty Creek, Company or Tudor Gold ) is pleased to present results for the fifth set of diamond drill holes for the Goldstorm Zone at their flagship property, Treaty Creek. The project is located in the heart of the Golden Triangle of northwestern British Columbia and is on-trend from Seabridge s KSM Project located five kilometers southwest of the Goldstorm Zone. Results from 12 diamond drill holes have recently been received from MSA Labs with final results from another 11 diamond drill holes pending. All drill holes have successfully intersected the Goldstorm System, expanding and defining the mineralization along the northeast and southeast axes, as well as to depth. The Goldstorm System 300 Horizon has now been traced for 1100 meters a

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