For thousands of other reports visit RSC's Mineral Intellingence Map
Osisko Metals Inc.
Summary
| Project: | Pine Point | |
|---|---|---|
| Deposit: | Pine Point | |
| Location: | Canada | |
| Commodities: | Lead-Zinc | |
| Date: | 5/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-5-2019: Osisko Metals Inc. announces an Exploration/Drilling Update report for its Pine Point deposit at the Pine Point project. Drilling results incl. 27.00m @ 12.98% Zn, 2.71% Pb from 63.50m. Jeff Hussey, President & CEO of Osisko Metals, commented: “ | |
| Resources: | (Resource, Inf.): 38.4Mt @ 4.58% Zn, 1.85% Pb | |
| CP/QP: | [Overall Report]: Stanley G. Clemmer (Internal) | |
| ABSTRACT: | Jeff Hussey, President & CEO of Osisko Metals, commented: “Definition drill results continue to match or exceed what we were expecting in the known deposits. As we receive the remaining results, our team is updating the information used in the 2018 Mineral Resource Estimate. This will lead to an updated MRE in the second half of 2019. Currently we are focused on planning our 2019 exploration program in search of additional mineralization to add to the resource base, and particularly for higher-grade prismatic style deposits.” The objective of the 2018 – 2019 drill program was to convert the Cominco Ltd. unclassified near-surface historical resources into current mineral resources and to locally extend known zones of mineralization. An initial 2018 Inferred Mineral Resource of 38.4 Mt grading 4.58% zinc and 1.85% lead was calculated on historical drilling and 317 holes out of a total of 1031 holes drilled to date by Osisko Metals. These latest Central Zone drillholes were not included in this 2018 Inferred Mineral Resource Estimate. The mineralized areas within the Central Zone occur over an 11-kilometre strike length and the eastern end is located 4 kilometres to the west of the electrical substation along a main haulage road. Reported NI43-101 Inferred Mineral Resources for the Central Zone total 4.80 million tonnes of 5.84% zinc and 1.72% lead. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report