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Osisko Mining Inc.
Summary
| Project: | Black Dog | |
|---|---|---|
| Deposit: | Black Dog | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 1/18/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-1-2017: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Black Dog deposit at the Black Dog project. Drilling results incl. 6.3m @ 3.90g/t Au, 7.54g/t Ag, 0.09% Cu from 359.9m. Osisko Mining Inc. (OSK:TSX, "Osisko" or the "Cor | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jean-Philippe Desrochers (Internal) | |
| ABSTRACT: | Osisko Mining Inc. (OSK:TSX, "Osisko" or the "Corporation") is pleased to announce new drill results from its 100% owned Black Dog gold-silver-copper discovery located in Barry Township, Québec, 15 kilometres southwest of Osisko’s flagship Windfall Lake gold deposit. Drilling is targeting extensions of the Black Dog discovery and nearby anomalies identified by an airborne geophysical survey conducted by Osisko in 2016. The discovery coincides with magnetic and electromagnetic anomalies that are associated with breccia-hosted quartz-tourmaline mineralization and alteration, with disseminated to semi-massive Au-Ag-Cu bearing sulfides. Further drilling is currently in progress and is directed at determining the extent, continuity and geometry of the new polymetallic gold mineralization discovered at Black Dog. Further downhole electromagnetic(EM) surveys are planned to assist in targeting, and a second drill rig will be assigned to the project in the coming month. Three zones have been defined by historical work on the property including the Nubar Zone (with estimated resources of 564,000 tonnes at 6.2 g/t Au, based on historical estimates that have not been prepared in accordance with NI 43-101, the Tourmaline Hill Zone, and the Barry-Souart Zone. These three zones are located along a 5 kilometre length of the same geological structure. See below under the heading "Disclosure of Historical Estimates" | |
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