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Osisko Metals Inc.
Summary
| Project: | Pine Point | |
|---|---|---|
| Deposit: | Pine Point | |
| Location: | Canada | |
| Commodities: | Lead-Zinc | |
| Date: | 9/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-9-2018: Osisko Metals Inc. announces an Exploration/Drilling Update report for its Pine Point deposit at the Pine Point project. Drilling results incl. 6m @ 7.0% Zn, 18.0% Pb from 12.65m. MONTREAL, Sept. 10, 2018 -- Osisko Metals Incorporated (the “Com | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stanley Clemmer (Internal) | |
| ABSTRACT: | MONTREAL, Sept. 10, 2018 -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB51) is pleased to announce assay results from 18 drill holes completed in the East Mill Zone at the Pine Point Mining Camp (“PPMC”). Drill hole EM-18-PP-112 intersected 6.42% Zinc and 1.81% Lead over 10.50 metres and hole EM-18-PP123 intersected 11.13% Zinc and 3.27% Lead over 6.52 metres. A high-grade lead intersection was also intersected in Hole EM-18-PP-113 that graded 7.00% Zinc and 18.00% Lead over 6.00 metres. While mineralization at Pine Point is predominantly rich in Zinc, similar anomalous high-grade lead intersections can occur locally and represent further upside to our infill drill campaign. All intersections are within a flat lying tabular-style deposit known as K-32 and all intercepts are located above 42 metre depths. (See 2018 Summer Drill Campaign Central Zone K-32). The historical K-32 deposit currently measures 410 metres in strike length and occurs within the East Mill Zone. The East Mill Zone hosts eight deposits containing unclassified historical resources reported by Cominco Ltd. (1988). This deposit is located 3.9 kilometres to the east of the existing electrical sub-station and former mill site along the main haulage road. The East Mill Zone extends 7.6 kilometres to the east of the substation and is adjacent to the main haul road along its entire length. Additional highlights are listed below in Table 1 and details are provided in Tables 2 & 3. | |
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