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Osisko Mining Inc.
Summary
| Project: | Windfall | |
|---|---|---|
| Deposit: | Fox | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/6/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-6-2019: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Fox deposit at the Windfall project. Drilling results incl. 2.8m @ 16.7g/t Au from 243.1m. (Toronto, June 6, 2019) Osisko Mining Inc. (OSK: TSX. "Osisko" or the "Corporat | |
| Resources: | (Resource): 2.874Mt @ 8.17g/t Au (Ind) and 10.352Mt @ 7.11g/t Au (Inf) at Windfall Lake | |
| CP/QP: | [Overall Report]: Pascal Simard (Internal) | |
| ABSTRACT: | (Toronto, June 6, 2019) Osisko Mining Inc. (OSK: TSX. "Osisko" or the "Corporation") is pleased to announce the discovery of a new gold bearing zone at its 100% owned Urban Barry gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. The new gold zone ("Fox West") is located two kilometres south-west of the Fox discovery (see Osisko news releases August 29, 2016 and November 23, 2016) and consists of pyrite stringers hosted in a sericite altered dacite/ felsic intrusion. Fox West is located in a six kilometre east-north-east corridor of altered porphyry dykes hosted in mafic volcanics containing a number of historic and recent gold occurrences. The Fox corridor is located approximately five kilometres northwest of the Windfall deposit. Gold mineralization in Fox West is associated with hematite altered felsic intrusions and occurs in both the hanging wall and footwall of the units. Mineralization in this new zone is similar to Windfall and the initial 2016 Fox discovery, occurring along intrusive porphyry contacts. Osisko President and Chief Executive Officer John Burzynski commented: “Renewed shallow exploration drilling at Fox has turned up significant new results two kilometres to the west of the initial Fox discovery holes. The similarities between the mineralization style at Fox and Windfall make for the exciting possibility of developing another deposit in parallel with our ongoing program at Windfall. Additional exploration holes between the initial discovery area and Fox West are planned.” | |
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