| Announcement Date: | 2023-04-05 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Osisko Mining Inc. |
| Project name: | Windfall |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 2.1m at 286g/t Au from 234m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | (Toronto, April 5, 2023) Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. The targeted feasibility study surface drilling campaign was completed at the end of September 2022. In the past 6 months, over 55,000 metres additional have been drilled by 9 underground rigs focused on expansion and infill work in the Lynx segment of the deposit. Significant new analytical results are presented below and include 81 intercepts from 45 drill holes and 3 wedges. The infill intercepts are all located inside the defined mineral resource estimate (“MRE”) blocks as described in Osisko’s feasibility study on Windfall (see FS Technical Report (as defined herein), a copy of which is available on SEDAR under Osisko’s issuer profile), and have targeted upgrading inferred mineral resources to measured or inferred mineral resources, as applicable. The expansion intercepts are all located outside the MRE blocks, and either expand resource wireframes or are located in a defined zone or corridor not yet correlated to a specific wireframe |
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