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Osisko Mining Inc.
Summary
| Project: | Windfall | |
|---|---|---|
| Deposit: | Windfall, Lynx | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-7-2018: Osisko Mining Inc. announces an Exploration/Drilling Update report for its Windfall, Lynx deposit at the Windfall project. Drilling results incl. 2.8m @ 494g/t Au from 218.2m. (Toronto, July 25, 2018) Osisko Mining Inc. (OSK:TSX. "Osisko" or th | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Louis Grenier (Internal) | |
| ABSTRACT: | (Toronto, July 25, 2018) Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new infill drilling results from the ongoing drill definition and expansion 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 commenced in late 2015. The program is now focussed on infill drilling within the main Windfall gold deposit and the adjacent Lynx deposit (located immediately NE of Windfall), and exploration and expansion drilling on main mineralized zones and with several deep holes in progress to investigate the down-plunge areas in and around the Underdog and Lynx zones. Today's results focus on infill drilling and include significant new analytical results from 70 intercepts from 33 drill holes and 5 wedges in the Lynx deposit and Underdog zone and include one wireframe extension intercept (Hole OSK-W-18-1593), one extension intercept in a zone not currently included in wireframes (OSK-W-18-1555), and one new intercept not related to any known mineralized zone (OSKW-18-1461). Osisko President & CEO John Burzynski noted: "Today’s infill numbers on Lynx and Underdog show very positive and encouraging results as we continue to add drill holes and move more of our mineral resource from inferred to indicated. This is the positive trend that we expected as we work towards completing the second half of our major drill program. In context with last week’s Preliminary Economic Assessment (see Osisko news release dated July 17, 2018), we are confident that the work that we are doing today will only improve on the strength of the deposit as we move Windfall towards our anticipated feasibility study in 2019.” | |
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