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Osisko Mining Inc.
Summary
| Project: | Windfall Lake | |
|---|---|---|
| Deposit: | Lynx | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-11-2017: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Lynx deposit at the Windfall Lake project. Drilling results incl. 6.2m @ 301g/t Au from 912m. (Toronto, November 14, 2017) Osisko Mining Inc. (OSK:TSX "Osisko" or the " | |
| Resources: | (Resource): 2.762Mt @8.42g/t Au (Ind.) & 3.51Mt @ 7.62g/t Au (Inf.) at project | |
| CP/QP: | [Overall Report]: Louis Grenier (Internal) | |
| ABSTRACT: | (Toronto, November 14, 2017) Osisko Mining Inc. (OSK:TSX "Osisko" or the "Corporation") is pleased to provide new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in Urban Township, Abitibi, Québec. The 800,000 metre drill program combines definition, expansion and exploration drilling in and around the main Windfall gold deposit and the adjacent Lynx deposit (located immediately NE of Windfall). Significant new analytical results from 44 intercepts in 30 drill holes focused on infill and expansion drilling in the Lynx deposit are presented below. Highlights from the new results include: 301 g/t Au over 6.2 metres, in OSK-W-17-909; 79.4 g/t Au over 2.6 metres in OSK-W-17-928; and 19.0 g/t Au over 6.8 metres in OSK-W-17-1111. Maps showing hole locations and full analytical results are available at www.osiskomining.com. OSK-W-17-895 intersected 24.3 g/t Au over 2.2 metres in Lynx 1 and 17.5 g/t Au over 2.0 metres in Lynx 2. Mineralization consists of up to 15% disseminated pyrite, pyrite stringers and local visible gold in quartz veins and strongly silica altered felsic intrusions with porphyritic and fragmental textures. OSK-W-17-902 intersected two intervals: 3.95 g/t Au over 2.5 metres and 4.56 g/t Au over 2.0 metres. Mineralization is composed of up to 5% disseminated pyrite and local pyrite stringers associated with quartz veins in the Lynx hanging wall and Lynx 1. OSK-W-17-909 returned three proximal intervals in Lynx 1: 301 g/t Au over 6.2 metres, 10.7 g/t Au over 6.0 metres and 4.97 g/t Au over 2.0 metres. Mineralization is composed of up to 15% pyrite stringers, up to 5% pyrite clusters, 1% galena and local visible gold. The intervals are at the contact between a gabbro and rhyolite and characterized by strong silica, sericite and fuchsite alteration, in an area known as the “Northern Lights”. | |
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