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Osisko Mining Inc.
Summary
| Project: | Windfall | |
|---|---|---|
| Deposit: | Lynx | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-6-2019: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Lynx deposit at the Windfall project. Drilling results incl. 3.7m @ 33.4g/t Au from 1505.8m. (Toronto, June 3, 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 Lynx | |
| CP/QP: | [Overall Report]: Louis Grenier (Internal) | |
| ABSTRACT: | (Toronto, June 3, 2019) Osisko Mining Inc. (OSK:TSX "Osisko" or the "Corporation") is pleased to provide new results from the ongoing exploration program at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. Exploration drilling on the Lynx deposit has intercepted a high-grade mineralized extension 400 metres down-plunge from the nearest resource wireframe (see Osisko news release dated November 27th, 2018), and 300 metres down plunge from recent high-grade intercepts including 322 g/t Au over 4.3 metres in OSK-W-19-1857 (see Osisko news release dated April 16, 2019). Drill hole OSK-W-19-991- W2 intersected 33.4 g/t Au over 3.7 metres at approximately 1200 metres vertical depth within a strong silica and sericite alteration zone containing sulfides with local visible gold. Osisko President and Chief Executive Officer John Burzynski commented: “Deeper drilling at Windfall continues to pay off. The new extension of Lynx brings great potential for adding significant new highgrade ounces to the deposit. This step-out clearly demonstrates that strong mineralization continues at depth. Infill drilling up-plunge and further step-out drilling down-plunge is in progress.” Mineralization in hole OSK-W-19-991-W2 is hosted in a strongly silicified and brecciated felsic dike at the contact with an andesitic unit. The mineralized interval contains up to 25% fine-grained pyrite-tourmaline, trace chalcopyrite, local visible gold as stringers and fracture filing within quartz-carbonate veins, quartztourmaline veinlets with local visible gold, and 5% stringer or stockwork pyrite. | |
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