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Osisko Metals Inc.
Summary
| Project: | Key Anacon | |
|---|---|---|
| Deposit: | Main Zone, Titan Zone | |
| Location: | Canada | |
| Commodities: | Lead-Zinc-Copper-Silver-Gold | |
| Date: | 8/8/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-8-2018: Osisko Metals Inc. announces an Exploration/Drilling Update report for its Main Zone, Titan Zone deposit at the Key Anacon project. Drilling results incl. 46.50m @ 8.94% Zn, 3.14% Pb, 0.1% Cu, 98.37g/t Ag, 0.48g/t Au from 254.0m. MONTREAL, Aug. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gary Woods (Internal) | |
| ABSTRACT: | MONTREAL, Aug. 08, 2018 -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB5) is pleased to announce results from on-going drilling at both the Main Zone and the Titan Zone on its wholly owned Key Anacon project, located 20 km south of Bathurst, New Brunswick. Drill hole KAMZ-18-03A intersected 46.5 metres grading 8.94% Zn, 3.14% Pb, 0.1% Cu, 98.4 g/t Ag, and 0.481 g/t Au, including 20.0m of 14.71% Zn, 5.71% Pb, 0.08% Cu, 183.00 g/t Ag and 0.46 g/t Au (see Table 1). Drill hole KAMZ-18-03A targeted the core of the historical Main Zone deposit. This hole crosscut several massive sulphide zones (see Tables 1 and 3 as well as Main Zone Longitudinal Section) prior to intersecting 46.50 metres of high grade massive sulphides. These results confirm the thickness (true thickness estimated at 26 metres) and grades from nearby historical (1950-1960’s) underground drilling. Drill hole KAMZ-18-03A is an important early confirmation of historical drill results (see Table 2) in preparation for a maiden NI43-101 Mineral Resource Estimate, slated to be released in late 2019. Jeff Hussey, President and CEO of Osisko Metals, commented: “We are very encouraged by the confirmation of the thickness and high grades of the core of the Main Zone Deposit. The Key Anacon project hosts two of the best targets across the entire Bathurst Mining Camp. Ongoing drilling at the Main Zone deposit is now targeting open or very sparsely drilled areas along strike and at depth. We are also seeing continued success at the nearby Titan Zone where drilling intersected significant thicknesses of Zn-Pb rich massive sulphides and new copper, silver and gold-rich zones”. | |
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