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Osisko Mining Inc.
Summary
| Project: | Garrison | |
|---|---|---|
| Deposit: | Jonpol, Garrcon, 903 zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/12/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-4-2017: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Jonpol, Garrcon, 903 zone deposit at the Garrison project. Drilling results incl. 2.4m @ 45.0g/t Au from 416.7m. (Montréal, April 12, 2017). Osisko Mining Inc. (OSK:TSX, | |
| Resources: | ||
| CP/QP: | [Overall Report]: Greg Matheson (Internal) | |
| ABSTRACT: | (Montréal, April 12, 2017). Osisko Mining Inc. (OSK:TSX, "Osisko" or the "Corporation") is pleased to announce new results from the ongoing drill program at its 100% owned Garrison gold project located in Garrison Township, Ontario. The current 35,000 metre drill program is designed to further test the known Garrcon, Jonpol and 903 zones. A total of eight new holes are reported in this release, with significant assay results presented in the table below. New results include: 45.0 g/t Au over 2.4 metres, 7.66 g/t Au over 2.8 metres, and 6.44 g/t Au over 2.0 metres in OSK-G17-346; 2.76 g/t Au over 5.6 metres and 1.69 g/t Au over 14.5 metres in OSKG17-341. The new results have demonstrated the potential to expand the extent of known mineralization in the 903 zone and beneath the Garrcon zone. The ongoing drill program for 2017 will continue to follow new extensions of the mineralized zones within the Garrcon, Jonpol and 903 zones. O SK-G17-339 targeted the central section of the 903 but did not reach target depth. The hole intercepted the 903 South Sediment Zone including 1.59 g/t Au over 10.0 metres extending the southern zone 100 metres east of previous drilling. OSK-G17-341 and OSK-G17-344 were drilled as shallow holes targeting the 903 Syenite Zone up-dip extension from the intercept in OSK-G17-326. Both holes were 50 metres west of previous intersections, returning 2.8 g/t Au over 5.6 metres and 1.7 g/t Au over 14.5 metres. The mineralized zones are hosted in porphyritic syenite and associated with coarse pyrite and hematite alteration. OSK-G17-346 was drilled west of the Garrcon Zone, 75 metres below previously reported OSK-G16-312 which intersected mineralization along the southern contact of the iron formation, below and west of the Garrcon resource area. | |
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