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Osisko Metals Inc.
Summary
| Project: | Pine Point | |
|---|---|---|
| Deposit: | X-65 | |
| Location: | Canada | |
| Commodities: | Lead-Zinc | |
| Date: | 5/1/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-5-2019: Osisko Metals Inc. announces an Exploration/Drilling Update report for its X-65 deposit at the Pine Point project. Drilling results incl. 32.24m @ 18.25% Zn, 1.31% Pb from 21.12m. MONTREAL , May 01, 2019 -- Osisko Metals Incorporated (the “Compa | |
| Resources: | (Resource, Inf.): 38.4Mt @ 4.58% Zn, 1.85% Pb | |
| CP/QP: | [Overall Report]: Stanley G. Clemmer (Internal) | |
| ABSTRACT: | MONTREAL , May 01, 2019 -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB51, OTCQX: OMZNF) is pleased to announce additional assay results from 100 drill holes completed in the X-65 area within the North Zone of the Pine Point Mining Camp (“PPMC”). Highlights include drill hole X65-19-PP-025 that intersected 18.25% zinc and 1.31% lead over 32.24 metres and hole X65-19-PP-062 that intersected 9.62% zinc and 1.15% lead over 14.48 metres. All intersections are hosted within a flat lying tabular-style deposit known as X-65. All intercepts, except for X65-19-PP010 described below, are located between 17 to 73 metre vertical depths. Highlights are listed below in Table 1 and all composite assays and collar information details are provided in Tables 2 & 3. (See 2018 Summer Drill Campaign North Zone - X-65 Pit Area). A significant mineralized intersection was also cut in hole X65-19-PP-010 that encountered 2.41% zinc + lead over 1.00 meter at a stratigraphic interval 93 metres below mineralization in the X-65 Tabular deposit. This intercept confirms the potential of this lower horizon (in the Pine Point Formation below X-65) since this deeper stratigraphy hosts the historical X-15 deposit (past production 17.5Mt at 8.2% zinc + lead) that is located 22 kilometers to the northeast. | |
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