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Osisko Mining Inc.
Summary
| Project: | Windfall | |
|---|---|---|
| Deposit: | Windfall | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/7/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-8-2018: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Windfall deposit at the Windfall project. Drilling results incl. 3.4m @ 22.4g/t Au from 1985.1m. (Toronto, August 7, 2018) Osisko Mining Inc. (OSK:TSX. "Osisko" or the "C | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Louis Grenier (Internal) | |
| ABSTRACT: | (Toronto, August 7, 2018) Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new results from the ongoing deep-hole exploration program at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. In May 2018 Osisko commenced two deep exploration drill holes ("Deep Underdog" and "Deep Lynx") to investigate the potential for depth extensions of the Lynx and Underdog mineralized zones, as well as to further test the intrusion-related geological model for the Windfall deposit at depths of approximately 2500 metres from surface. Drilling on the Deep Lynx hole is still in progress, and wedge holes for both Deep Lynx and Deep Underdog are planned. Following the discovery of Triple 8 Zone in the "Deep Underdog" hole (as disclosed in Osisko's news release dated July 11, 2018), the down-plunge projection of the gold mineralized structure was interpreted to lie in the path of the "Deep Lynx" hole, OSK-W-18-1616-W1, at target depth of approximately 1950 meters downhole. Alteration and mineralization related to the new intersection occurs in the Deep Lynx hole between 1985.1 metres and 1991.5 metres downhole (approximately 1900 metres vertical depth from surface), including two intervals containing visible gold. Maps and sections showing the location of the Deep Lynx drill hole and the new mineralized zone are provided on the Corporation's website. | |
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