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Osisko Metals Inc.

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Summary

Project:

Pine Point

Deposit:Pine Point
Location:Canada
Commodities:Lead-Zinc
Date:6/12/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:12-6-2018: Osisko Metals Inc. announces an Exploration/Drilling Update report for its Pine Point deposit at the Pine Point project. Drilling results incl. 5.35m @ 11.20% Zn, 3.42% Pb from 60.0m. MONTREAL, June 12, 2018 -- Osisko Metals Incorporated (the “
Resources:x
CP/QP:[Overall Report]: Stanley Clemmer (Internal)
ABSTRACT:MONTREAL, June 12, 2018 -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V:OM) (FRANKFURT:0B51) is pleased to announce assay results from an additional 35 shallow drill holes completed along the Central Zone trend in the L65 deposit and along the East Mill Zone trend in the L 35 and L36 deposits. Drill hole L65-18-PP004 intersected 4.29% Zn & 0.56% Pb over 11.10 metres. Also worthy of mention is hole L65-18-PP-007 that intersected 11.20% Zn & 3.42% Pb over 5.35 metres. All intersections are within near surface flat lying tabular-style deposits and all intercepts in the Central Zone are located above 102 metre depths. The intersections in the East Mill Zone trend are above 57 metre depths. (See 2018 Winter Drill Campaign East Mill Zone Map B6). The Central Zone that trends over 7.5 kilometres hosts the L65 deposit and the mineralized trend currently measures 3.0 kilometres in length. Its eastern end is located 11 kilometres to the west of the electrical sub-station along the main haulage road. This zone hosts six deposits with historical resources reported by Cominco Limited including L65 (1.9Mt at and 4.2% Zn & 2.1% Pb) (See 2018 Winter Drill Campaign Central Zone Map B6). Geological evidence suggests that the Zinc and Lead mineralization may connect these deposits with a keel of higher grade mineralization. Near-surface mineralization was intersected at L65 above 103 metres vertical depth, with multiple mineralized intercepts reported in 6 drill holes. The East Mill Zone (see news releases May 1, May 15, and May 29th, 2018) is a 7.6-kilometre trend that extends towards the east from the electrical substation area. Near-surface mineralization was intersected above 46 metres vertical depth, with multiple mineralized intercepts reported in 4 drill holes. See Osisko Metals website for additional geological background on both the Central Zone and The East Mill Zone.

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