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Osisko Mining Inc.
Summary
| Project: | Black Dog | |
|---|---|---|
| Deposit: | Black Dog | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 12/6/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-12-2016: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Black Dog deposit at the Black Dog project. Drilling results incl. 32.1m @ 3.42g/t Au, 23.2g/t Ag, 0.65% Cu from 93.2m. (Montréal, December 6, 2016). Osisko Mining Inc. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jean-Philippe Desrochers (Internal) | |
| ABSTRACT: | (Montréal, December 6, 2016). Osisko Mining Inc. (OSK:TSX, "Osisko" or the "Corporation") is pleased to announce initial drill results from its 100% owned Black Dog gold project located in Barry Township, Québec. The project is situated 15 kilometres SW of its flagship Windfall Lake Gold Deposit. Drilling is targeting geophysical conductors identified with an airborne electromagnetic (EM) survey completed earlier in the year by Osisko that coincide with a 600 x 800 metre circular magnetic anomaly. The geophysical anomalies sit atop a zone of pervasive and/or brecciated quartz-tourmaline-sulfide alteration that has been the object of historical shallow drilling. DDH OSK-BD-16-002 was collared 150 metres to the east of an outcropping alteration zone (dubbed "Tourmaline Hill"). This new hole intersected 6.14 g/t Au and 34.1 g/t Ag over 14.4 metres, including 15.6 g/t Au and 93.5 g/t Ag over 2.8 metres in a mineralized tourmaline breccia containing 2-15% coarse pyrite and 10% chalcopyrite. This intersection is part of a wider intercept that averaged 3.42 g/t Au and 23.2 g/t Ag over the entire intersected length of 32.1 metres. Significant results from the two drill holes are presented in the table below. DDH OSK-BD-16-001 was collared 600 metres to the SW of OSK-BD-16-002 and intersected 5.76 g/t Au and 34.8 g/t Ag over 0.9 metres in a tourmaline breccia. Further drilling is currently in progress and is directed at determining the extent and continuity of the new mineralization discovered at Black Dog. | |
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