Osisko Metals intersects 79 metres grading 9.87% zinc + lead at Pine Point

30 March 2021

Osisko Metals Incorporated is pleased to announce additional results from the current drilling program at its Pine Point Project, located in the NWT.
Infill drilling results reported herein are from the P499 and O556 deposits, located in the West Zone of the project that hosts higher-grade, vertical Prismatic deposits (See Map and Table 1):
•Drill hole P499-21-PP-001 intersected 79.00 metres grading 6.26% Zn and 3.61% Pb (9.87% Zn+Pb), including 26.4 metres grading 17.03% Zn+Pb, near the center of the P499 Prismatic deposit. This infill hole confirms historical data and will allow expansion of the current block model to a depth 20 meters deeper within the center of the deposit.
•Drill hole O556-21-PP-001intersected 46.50 metres grading 4.36% Zn and 4.86% Pb (9.23% Zn+Pb), near the center of the O556 Prismatic deposit. This hole met expectations regarding the grade and thickness of this deposit.
Both the P499 and O556 deposits remain open along strike, to the NE and to the SW, as the mineralization transitions laterally from Prismatic-type to horizontal Tabular-type.