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Osisko Metals Inc.
Summary
| Project: | Pine Point | |
|---|---|---|
| Deposit: | N204 Zone | |
| Location: | Canada | |
| Commodities: | Lead-Zinc | |
| Date: | 10/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-10-2019: Osisko Metals Inc. announces an Exploration/Drilling Update report for its N204 Zone deposit at the Pine Point project. Drilling results incl. 9.00m @ 5.78% Zn, 2.08% Pb from 33.00m. MONTREAL, Oct. 28, 2019 -- Osisko Metals Incorporated (the “ | |
| Resources: | (Resource, Inf.): 38.4Mt @ 4.58% Zn, 1.85% Pb | |
| CP/QP: | [Overall Report]: Robin Adair (Internal) | |
| ABSTRACT: | MONTREAL, Oct. 28, 2019 -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce assay results from 8 recently completed drill holes in the N204 Zone, the easternmost deposit in the portfolio, at its wholly owned Pine Point Mining Camp (“PPMC”) in the Northwest Territory. Drill hole N204-19-PP-008 intersected 5.78% zinc and 2.08% lead over 9.00 metres and hole N204-19-PP-001 intersected 6.73% zinc and 1.57% lead over 3.00 metres (see N204 Surface Map). Additionally, the results of re-assaying and re-logging 22 historical holes from the Cominco Limited era between 1964 and 1988 are reported. Of significance are four holes with unsampled mineralization including historical drill hole N204-240 that intersected 4.08% zinc and 1.13% lead over 9.15 metres that is located approximately 100 meters outside of previously modelled resources. Other highlighted intersections are noted in Table 1 below. All intersections are hosted within laterally continuous, stratabound layers within tabular mineralization of the N204 Zone located between 8 to 50 metres vertical depth. The focus of the program in this area is to confirm and expand historical resources, reduce drill spacing, and collect samples for metallurgical tests. Drill hole composites and location details are provided in Tables 2 & 3. | |
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