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Osisko Mining Inc.

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Summary

Project:

Windfall Lake

Deposit:Underdog, Caribou, Mallard
Location:Canada
Commodities:Gold
Date:10/18/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:18-10-2017: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Underdog, Caribou, Mallard deposit at the Windfall Lake project. Drilling results incl. 2m @ 250g/t Au from 668.5m. (Toronto, October 18, 2017) Osisko Mining Inc. (OSK:
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, October 18, 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 36 intercepts in 24 drill holes focused on infill and expansion drilling in the Underdog, Caribou, and Mallard corridors of the Windfall deposit are presented below. Highlights from the new results include: 250 g/t Au over 2.0 metres and 73.6 g/t over 2.0 metres in OSK-W-17-903 in the Underdog corridor; 108 g/t Au over 2.3 metres in OSK-W-17-1179; 31.4 g/t Au over 6.0 metres in OSK-W-17-820 in the Caribou corridor; and 36.6 g/t Au over 3.4 metres in OSK-W- 17-867 in the Wolf Zone footwall. The Windfall Lake gold deposit is located between Val-d'Or and Chibougamau in the Abitibi region of Québec, Canada. The mineral resource defined by the previous operator comprises 2,762,000 tonnes at 8.42 g/t Au (748.000 ounces) in the indicated category and 3,512,000 tonnes at 7.62 g/t Au (860,000 ounces) in the inferred category (sourced from a technical report dated June 10, 2015 entitled "Preliminary Economic Assessment of the Windfall Lake Gold Property, Québec, Canada" with an effective date of April 28, 2015, prepared in accordance with NI 43-101). The Windfall Lake gold deposit is currently one of the highest grade resource-stage gold projects in Canada.

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