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Osisko Metals Inc.
Summary
| Project: | Key Anacon | |
|---|---|---|
| Deposit: | Main Zone | |
| Location: | Canada | |
| Commodities: | Lead-Zinc-Copper-Silver-Gold | |
| Date: | 10/29/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-10-2018: Osisko Metals Inc. announces an Exploration/Drilling Update report for its Main Zone deposit at the Key Anacon project. Drilling results incl. 8.30m @ 10.47% Zn, 3.47% Pb, 0.03% Cu, 92.0g/t Ag from 634.95m. MONTREAL, Oct. 29, 2018 -- Osisko Me | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gary Woods (Internal) | |
| ABSTRACT: | MONTREAL, Oct. 29, 2018 -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB5) is pleased to announce results from recent step-out drilling consisting of 15 holes at the Main Zone on its wholly owned Key Anacon project located in Bathurst, New Brunswick. Drill hole KAMZ-18-10, a step-out drill hole 30 metres below the Main Zone deposit, intersected 8.30 metres grading 10.47% Zinc, 3.47% Lead, 0.03% Copper, and 92.0 g/t Silver. This new hole indicates that the high-grade Main Zone continues at depth and remains open (See Tables 1, 2, Main Zone Longitudinal Section and Cross Section and KAMZ-18-10 Reference section). Step-out hole, KAMZ-18-15, drilled 100 meters to the northwest of the Main Zone deposit, intersected 5.30 metres grading 14.87% Zinc, 5.71% Lead, 0.01% Copper and 294.92 g/t Silver and 7.0 metres of 9.85% Zinc, 3.82% Lead and 126.14 g/t Silver. This drill hole tested an open area on the Main Zone Longitudinal Section measuring 200 by 200 metres. At this time, it is unknown if the intercepts in KAMZ-18-15 represent a new subzone parallel to the Main Zone or a broadening of the Main Zone. On a more local scale, it is felt that the two intercepts are fold repeated which is a common occurrence within the Main Zone deposit boundaries. Hole KAMZ-18-07, drilled 100 metres below KAMZ-18-15, intersected 3 metres of 5.62% Zinc, 1.87% Lead, 0.1% Copper and 28.04% g/t Silver. The location of other holes reported herein are referenced in Tables 1, 2 and are plotted on the Main Zone Longitudinal Section. | |
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