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Osisko Mining Inc.

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Summary

Project:

Windfall

Deposit:Lynx
Location:Canada
Commodities:Gold
Date:12/18/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:18-12-2019: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Lynx deposit at the Windfall project. Drilling results incl. 3.0m @ 248g/t Au from 133.3m. (Toronto, December 18, 2019) Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Co
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, December 18, 2019) Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new drilling results from the ongoing definition and expansion drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. The program is currently focused on the Lynx deposit, exploration on the main mineralized zones, and deep exploration in the central areas of the mineralized intrusive system. Twenty-two drills are active at Lynx and Triple Lynx, with another two drills conducting infill and exploration drilling on other areas of the deposit. Osisko President and Chief Executive Officer John Burzynski commented: “Lynx and Triple Lynx continue to deliver strong results with infill drilling. We are seeing some wider intervals of high-grade material, which should have a very positive effect on the pending resource update.” Significant new analytical results from 85 intercepts in 22 surface drill holes, 23 wedges and 2 extension focused on Lynx infill and expansion drilling are presented below. Additionally, 23 intercepts from 14 underground infill drill holes are included in the table below. Intercepts from new results include: 248 g/t Au over 3.0 metres in OSK-19-1995; 337 g/t Au over 2.2 metres and 56.6 g/t Au over 4.2 metres in OSK-W-19-2120-W2; 174 g/t Au over 2.5 metres in OSKW-19-2107-W1; 33.5 g/t Au over 10.5 metres in OSK-W-19-1166-W5; 104 g/t Au over 3.0 metres in OSK-W-19-2171; 24.9 g/t Au over 9.0 metres in OSK-W-19-2123-W1; 56.9 g/t Au over 3.8 metres in OSK-W-19-2139-W1; 35.0 g/t Au over 5.6 metres in OSK-W-19-2067-W2; 21.2 g/t Au over 5.5 metres in OSK-W-19-2139 and 54.4 g/t Au over 2.0 metres in WST-19-0249. Maps showing hole locations and full analytical results are available at www.osiskomining.com.

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