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Osisko Mining Inc.
Summary
| Project: | Windfall Lake | |
|---|---|---|
| Deposit: | Windfall, Lynx | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-1-2018: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Windfall, Lynx deposit at the Windfall Lake project. Drilling results incl. 8.9m @ 56.1g/t Au from 1064.1m. (Toronto, January 25, 2018) Osisko Mining Inc. (OSK:TSX. "Osi | |
| Resources: | (Resource): 2.762Mt @ 8.42g/t Au (Ind.) & 3.512Mt @ 7.62g/t Au (Inf.) at project | |
| CP/QP: | [Overall Report]: Louis Grenier (Internal) | |
| ABSTRACT: | (Toronto, January 25, 2018) 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 the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, 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). OSK-OBM-16-693 intersected 30.8 g/t Au over 9.9 metres in the Underdog Corridor. Mineralization is composed of up to 10% pyrite-silica flooding, up to 5% pyrite stringers, 3% disseminated pyrite, and local visible gold. The host rhyolite, in contact with a porphyritic felsic dike, is strongly silica and sericite altered. OSK-W-17-780-W1 intersected 83.5 g/t Au over 3.4 metres in FW3 HW. Mineralization is composed of 4% pyrite stringers and smoky quartz veins within a strongly silica altered porphyritic felsic dike. OSK-W-17-1020 intersected 72.8 g/t Au over 2.0 meters in the new Bobcat Zone. This zone is NE along strike and on top of the Caribou corridor. The two zones have parallel plunges to the North-East. Mineralization is composed of 1% disseminated pyrite and 2% of pyrite-silica flooding within a strongly sericitized rhyolite. | |
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