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Osisko Mining Inc.
Summary
| Project: | Windfall | |
|---|---|---|
| Deposit: | Discovery 1 | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/29/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-1-2020: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Discovery 1 deposit at the Windfall project. Drilling results incl. 96.0m @ 1.05g/t Au from 3139.0m. (Toronto, January 29, 2020) Osisko Mining Inc. (OSK:TSX. "Osisko" or | |
| Resources: | (Resource): 2.87Mt @ 8.17g/t Au (Ind.) and 10.35Mt @ 7.11g/t Au (Inf.) at Lynx | |
| CP/QP: | [Overall Report]: Louis Grenier (Internal) | |
| ABSTRACT: | (Toronto, January 29, 2020) Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide a summary on the Discovery 1 (OSK-W-19-1970) drill hole. Discovery 1 was a planned 3000 metre to 3500 metre deep drill hole, designed to target two down plunge extensions of known gold zones and investigate the projected source area of the Windfall deposit at depth. The working model for the Windfall deposit interprets an outer shell and centre of a possible porphyry intrusion feeding the Windfall-Lynx gold system. The final length of Discovery 1 was 3467 metres, becoming the longest diamond drill hole in Canada, and achieving a vertical depth of 2700 metres from surface. Analytical results from the final 200 metres are at the laboratory, results are pending. The hole was drilled from surface to 3149 metres with NQ rods and finished with BQ rods. New results are presented in the table below. The high value results are similar to those intersected in the Windfall and Lynx deposits, hosted in volcanics and felsic intrusions. The last three high value intervals are hosted in a wide anomalous gold zone. Discovery 1 ended in biotite and chlorite altered mafic volcanics with felsic porphyritic intrusions. | |
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