Osisko Gold Royalties - Chairman & CEO, Sean Roosen
Chairman & CEO, Sean Roosen
Source: The Globe and Mail
  • Osisko Mining (OSK) has released more triple-digit assays from its ongoing definition and expansion drill program at the Windfall project in Quebec
  • Recent drilling has focussed on the site’s Lynx deposit, the main mineralised  area, as well some down plunge exploration work
  • Notable results include 115 grams per tonne gold across 5.6 metres and 25.6 grams per tonne over five metres
  • These latest results follow strong assays released early last month, which included an impressive 202 grams per tonne of gold over 28 metres
  • Osisko Mining (OSK) is up 4.02 per cent and is trading at C$4.14 per share

Osisko Mining (OSK) has released more triple-digit assays from its ongoing definition and expansion drill program at the Windfall project in Quebec.

Recent drilling has focussed on the site’s Lynx deposit, the main mineralised  area, as well some down plunge exploration work, to hopefully further define and expand the resource. 

Notable results include 115 grams per tonne gold across 5.6 metres and 25.6 grams per tonne over five metres. Other results from the program include 57.9 gram per tonne gold over 3.6 metres, as well as 94.4 grams per tonne gold across two metres. 

These latest results follow strong assays released early last month, which included an impressive 202 grams per tonne of gold over 28 metres.

Osisko President and Chief Executive Officer John Burzynski commented on the recent chain of promising results from the site.

“We continue to be impressed with the strong results from Lynx, and are seeing good possibilities to extend the mineralization in the known zones.  While we are focused on completing the infill drilling, the deposit continues to grow in the process,” he said.

Osisko currently wholly-owns the project, which covers more than 12,000 hectares and 285 individual claims. In a mineral estimate completed in 2018, the company estimated the project contained 2.28 million ounces of gold across six mineral corridors. 

In this same estimate, the Lynx deposit was estimated to contain more around 543,000 gold ounces. Despite the impressive recent assays, the company has yet to announce how or if the new strikes will impact this previous estimate, or the site’s overall mineral logistics.

Osisko Mining (OSK) is up 4.02 per cent and is trading at C$4.14 per share at 1:46pm EDT.

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