21 October 2019
Osisko Metals Incorporated is pleased to announce first drilling results from the Fall 2019 drill program at Pine Point. Twenty-six exploration drill holes were completed in the L-37 and N-38 areas within the East Mill Zone. Highlights include drill hole L37-19-PP-001 that intersected 8.68% zinc and 2.45% lead over 6.40 metres and drill hole L37-19-PP-011 intersected 6.43% zinc and 0.87% lead over 14 metres. All intersections are within flat-lying tabular-style deposits and are located between 7 to 36 metres vertical depth, adding more near-surface, high grade mineralization in proximity to the Company’s current Inferred Mineral Resource Estimate (MRE). Other highlighted intersections are noted in Table 1 below. (See East Mill L37 Surface Map).
The focus in this area of the East Mill Zone is to connect the mineralization between two existing tabular deposits. Drill hole composites and location details are provided in Tables 2 & 3 in the release.
Jeff Hussey, President & CEO of Osisko Metals, commented: “These early results from the start of our current exploration program are very encouraging. Unlike our previous infill drilling campaign, we are now focused on expanding mineralization and identifying new deposits, with a focus on vertical prismatic deposits. The program will be further adapted once processing and interpretation has been completed on the eagerly anticipated airborne gravity gradiometry data.”