Osisko Metals extends L37 deposit at Pine Point with 10.24% Zn+Pb over 11.85 metres
9 December 2019
Osisko Metals Incorporated is pleased to announce new assay results from recently completed exploration drill holes in the East Mill Zone (L37 deposit) at its wholly owned Pine Point Mining Camp in the Northwest Territories. Highlights include drill hole L37-19-PP-028 that intersected 9.46% zinc and 0.79% lead over 11.85 metres and drill hole L37-19-PP-035 that intersected 14.83% zinc and 4.45% lead over 4.68 metres. Eight of the nine intersections reported below (Table 1 and L37 Surface Map) were drilled outside the current mineral resource boundary at L37. All intersections are located between 16 to 45 metres vertical depth.
Jeff Hussey, President & CEO of Osisko Metals, commented: “A substantial portion of our newly published 52.4Mt Inferred Mineral Resource Estimate (“MRE”) was dependent on Cominco Ltd.’s drilling. As Cominco Ltd. had different exploration objectives, many of the deposits outlined in our MRE remain open in all directions. These results demonstrate the upside potential of Pine Point, not just in identifying new exploration targets but also in expanding known mineralization across the Project area. With the forthcoming transition toward drilling untested gravity targets on the property over the coming days, we believe the best yet to come for Pine Point.”