- Osisko Mining (OSK) has released more promising results from an ongoing drill program at its wholly owned Windfall Project in Québec
- Drilling is currently focused on the Lynx deposit, which hosts an indicated resource of 303,000 ounces of gold
- The company published 110 intercepts, including 391 grams per tonne of gold over 2.4 metres
- These results follow another set that was published on September 1, which also focused on the Lynx deposit, and included 115 grams per tonne of gold over 5.6 metres
- Osisko Mining (OSK) is currently up 1.75 per cent and is trading at C$3.48 per share
Osisko Mining (OSK) has released more promising results from an ongoing drill program at its wholly owned Windfall Project in Québec.
Located in the Abitibi Greenstone Belt roughly 200 kilometres northeast of Val-d’Or, the project covers 12,467 hectares and consist of 285 individual claims.
Drilling is currently focused on the Lynx deposit, which – according to a May 2018 estimate – hosts an indicated mineral resource of 1.25 million tonnes at a grade of 7.51 grams per tonne of gold, representing 300,000 ounces of gold.
Osisko published 110 intercepts from 43 drill holes and 24 wedges, with results including 391 grams per tonne of gold over 2.4 metres and 142 grams per tonne of gold over 2.3 metres.
John Burzynski, CEO of Osisko Mining, said the Windfall Project continues to grow in scale thanks to the continued flow of impressive results from the Lynx deposit.
“Today’s new intersections are all from outside the published resource area and include 15 intercepts with uncut average grades of over one ounce per tonne.
“The ongoing expansion drilling continues to show the incredible upside growth potential of our deposit,” he added.
The latest results follow a set of similarly positive intercepts, also from the Lynx deposit, that were published on September 1 this year.
This batch included 96 intercepts from 38 drill holes and 26 wedges, and included 115 grams per tonne of gold over 5.6 metres and 57.9 grams per tonne of gold over 3.6 metres.
Osisko Mining (OSK) is currently up 1.75 per cent and is trading at C$3.48 per share at 10:06am EDT.