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Osisko Mining Inc.
Summary
| Project: | Windfall Lake | |
|---|---|---|
| Deposit: | Lynx | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/7/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-6-2017: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Lynx deposit at the Windfall Lake project. Drilling results incl. 8.5m @ 12.5g/t Au from 660.5m. (Toronto, June 7, 2017) Osisko Mining Inc. (OSK:TSX, "Osisko" or the "Co | |
| 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, June 7, 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 Windfall Lake gold project located in Urban Township, Québec. The current 400,000 metre drill program combines definition drilling above the Red Dog intrusion ("Red Dog"), expansion drilling above and below Red Dog, expansion drilling to the NE of the main deposit, and exploration drilling on the greater deposit and Urban-Barry Project area. Significant new assay results from fifteen intercepts in eleven drill holes focused on infill and expansion drilling in the high-grade Lynx discovery and the main Windfall deposit are reported in the table below. Mineralization is associated with 5 to 10% quartz-carbonate veins (locally crustiform) and consists of trace to 1% disseminated pyrite, trace to 1% pyrite within pyrite-tourmaline stringers, and trace to 1% pyrite associated with quartz-carbonate veins. Local visible gold was observed in quartz-carbonates veins with 5 to 20% pyrite (+/- tourmaline). The host rock is a sericitized and silicified rhyolite. | |
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