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Osisko Metals Inc.
Summary
| Project: | Gilmour South | |
|---|---|---|
| Deposit: | Gilmour South | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Copper-Silver-Gold | |
| Date: | 1/30/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-1-2018: Osisko Metals Inc. announces an Exploration/Drilling Update report for its Gilmour South deposit at the Gilmour South project. Drilling results incl. 11.4m @ 7.74% Zn, 2.42% Pb, 0.48% Cu, 79.34g/t Ag, 0.24g/t Au from 622.6m. (Montreal – January | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robin Adair (Internal) | |
| ABSTRACT: | (Montreal – January 30, 2017) Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: 0B5) is pleased to announce new drill results from the Gilmour South project located 35 km south west of Bathurst, New Brunswick. Drill hole GS-17-02 intersected 7.74% Zn; 2.42% Pb; 0.48% Cu; 79.34g/t Ag and 0.24g/t Au over 11.40 metres in a previously unrecognized massive sulphide extension of the deposit. Diamond drill hole GS-17-05A intersected 7.11% Zn, 1.25% Pb, 0.36% Cu, 32.48g/t Ag and 0.25g/t Au over 8.50 metres within 22.9 metres of massive sulphides in an 88-metre step-out from hole GS-00-38 that intersected similar grade. Wedge cut GS-00-38W1 intersected 8.03% Zn, 1.20% Pb, 0.35% Cu, 0.03g/t Ag over 5.1m in proximity to the parent hole. These last two holes are located on the southern end of the deposit. These results are of particular importance as the goal of these planned drill targets is to link significant historical massive sulphide intercepts and other holes containing mineralization indicators that occur at both ends of the strike of a potential deposit. Widely-spaced historical intercepts were not previously interpreted as one continuous zone. Results reported here suggest that the thicker massive sulphide trend extends over a lateral strike length of 420 metres, between holes GS-00-38 and GS-99-22 with the potential to extend the deposit boundary further. Ongoing drilling and planned drill holes will continue to test these target areas. | |
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