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Osisko Mining Inc.

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Summary

Project:

Windfall Lake

Deposit:Lynx
Location:Canada
Commodities:Gold
Date:1/23/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:23-1-2018: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Lynx deposit at the Windfall Lake project. Drilling results incl. 5.9m @ 415g/t Au from 1027m. (Toronto, January 23, 2018) 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, January 23, 2018) 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 the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, 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 23 intercepts in 17 drill holes focused on infill and expansion drilling in the Lynx deposit are presented below. Osisko continues to extend the known Lynx zones of mineralization through the application of the Windfall geological model and as the density of drilling increases. The new results appear to demonstrate that the Lynx 4 Zone is developing a high-grade core similar to the Lynx 1 discovery zone. Highlights from the new results include: 415 g/t Au over 5.9 metres and 19.9 g/t Au over 8.8 metres in OSK-W-17-1166-W1; 43.7 g/t Au over 4.8 metres in OSK-W-17-1128; 25.1 g/t Au over 4.5 metres in OSK-W-17-1386; 46.3 g/t Au over 2.4 metres in OSK-W-17-909-W4; 26.1 g/t Au over 4.2 metres in OSK-17-W-1156; 42.1 g/t Au over 2.0 metres in OSK-W-17-931; 17.4 g/t Au over 4.8 metres in OSKW-17-1166-W4; 11.8 g/t Au over 5.5 metres in OSK-W-17-958; and 23.4 g/t Au over 2.0 metres in OSK-W-17-1397. Maps showing hole locations and full analytical results are available at www.osiskomining.com.

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