RE: 8.37-8.47 MilSean Roosen, President of Osisko, commented: "We are very pleased with the new resource estimate, which has increased the size of the inferred resource by almost 30 percent. The increase is due to the expansion of the deposit towards the east as well as reducing the lower cut-off to 0.4 g/t Au, justified by preliminary scoping study numbers, comparison to analogous deposits currently in production and the increasing quality of our data base. The deposit remains open to the west and to the southeast towards the Gouldie Zone. Excellent potential for additional mineralization also exists in the Barnat South Zone, the Norrie zone which we are currently drilling, as well as on the recently acquired East Amphi property. We wish to remind our shareholders that our current drill programs cover less than 5 percent of our property holdings in the Malartic area. We are highly encouraged by our progress on the Canadian Malartic project and we feel that Osisko shareholders can l ook forward to a very positive year as the Company continues to explore and develop this exceptional mineralized system".