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Osisko Mining Inc.
Summary
| Project: | Windfall Lake | |
|---|---|---|
| Deposit: | Red Dog | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/19/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-9-2016: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Red Dog deposit at the Windfall Lake project. Drilling results incl. 3.1m @ 391g/t Au from 478.1m from Caribou Zone. (Montréal, September 19, 2016). Osisko Mining Inc. ( | |
| Resources: | (Resource): 2.762Mt @ 8.42g/t Au (Ind.) and 3.512Mt @ 7.62g/t Au (Inf.) | |
| CP/QP: | [Overall Report]: Jean-Philippe Desrochers (Internal) | |
| ABSTRACT: | (Montréal, September 19, 2016). Osisko Mining Inc. (OSK:TSX, "Osisko" or the "Corporation") is pleased to announce new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in Urban Township, Québec. The current drill program is being expanded to 150,000 metres, and combines definition drilling above the Red Dog intrusion ("Red Dog"), expansion drilling above and below Red Dog and exploration drilling on the greater deposit and overall property area. Six drills are currently on site, and an additional four drills will be added to the program in the coming months. A total of 5 new drill holes are reported in this release. The new results demonstrate the high potential for significant new mineralization near the known Windfall mineral inventory through continued definition and exploratory drilling, specifically in the eastern extension of the deposit and below the Red Dog intrusion. The main mineralized zones are hosted within three broad corridors of mineralization trending WSW - ENE. Moving south to north across the Windfall deposit these three corridors are: • the Caribou Corridor (includes the Caribou Zone, Wolf Zone and the new "Wolf 2" Zone); • the Zone 27 Corridor; and • the "Underdog" Corridor (newly renamed, previously known as the FW series corridor) hosting all zones below the Red Dog dike and includes the newly reported "FW0" Zone; FW1 Zone; FW2 Zone; FW3 Zone; and FW4 Zone). | |
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