17 July 2019
Osisko Metals Incorporated is pleased to announce that it will be flying an Airborne Gravity Gradiometry survey this month. The survey will be utilized to identify new “Prismatic Type” deposits in conjunction with a newly developed GIS compilation and drill hole database. The mineralization found at Pine Point is typically unresponsive to previously available airborne geophysical tools and the forthcoming AGG survey is a first for the property.
The AGG survey will be operated and processed by CGG Canada Services Ltd. using their Falcon system. The survey will be flown on a helicopter platform known as HeliFalcon. It will fly slower and lower compared to other fixed wing options providing exceptional resolution for detailed mapping. The survey will be flown over the Central, North and East Mill Zone (see Figure 1).
Jeffrey Hussey, President and CEO of Osisko Metals, comments: “With the tight line spacing of 50 metres and the ability to fly along the mineralized trends at Pine Point, we believe this survey offers a unique opportunity to make a new discovery in the camp. Previous operators simply did not have the tools we have today to generate targets at Pine Point. Combined with the scale of the trends, the potential to identify more Prismatic Type deposits is very compelling. Historically, Cominco Ltd. focused on the Prismatic type deposits as they were often easier to mine and higher grade relative to the “Tabular Type” deposit.”