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Osisko Mining Inc.
Summary
| Project: | Windfall | |
|---|---|---|
| Deposit: | Windfall | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/19/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-2-2020: Osisko Mining Inc. announces a Resource Estimation report for its Windfall deposit at the Windfall project. Updated mineral resource estimate for the Windfall Project. (Toronto, February 19, 2020) Osisko Mining Inc. (OSK:TSX, "Osisko" or the "C | |
| Resources: | (Resources): 4.3Mt @ 9.31g/t Au (Ind.) and 14.5Mt @ 8.4g/t Au (Inf.) | |
| CP/QP: | [Resources]: Judith St-Laurent, Charley Murahwi (Internal;Micon International Ltd.) | |
| ABSTRACT: | (Toronto, February 19, 2020) Osisko Mining Inc. (OSK:TSX, "Osisko" or the "Corporation") is pleased to provide an updated mineral resource estimate for its 100% owned Windfall gold deposit, located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. John Burzynski, President and Chief Executive Officer of Osisko, commented: "We have been confident since Osisko discovered Lynx in 2016 that we had another world-class gold deposit developing at Windfall. The number of ounces and average grade at Lynx has continued to increase as we advance the resource - 2 - infill drilling. Recent Lynx bulk sample results (see Osisko news release of December 11, 2019) also showed reconciliation significantly exceeding predicted block model grades and returned higher than anticipated gold recovery. Strong potential for expansion remains in the known Lynx zones, the majority of which are open along strike to the northeast and down plunge below 1,200 metres. The Triple 8 discovery, at approximately 1,500 metres vertical depth, was not included in the current mineral resource estimate but hosts excellent potential to add significant ounces with additional drilling.” | |
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