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Osisko Metals Inc V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals Incorporated is a Canada-based exploration and development company. The Company is engaged in the exploration and evaluation of base metals properties with a focus on copper and zinc mineral assets located in Canada. The Company’s projects include the Gaspe Copper project, the Pine Point project, and Mount Copper Expansion project. Its Gaspe Copper project is located near Murdochville in the Gaspe peninsula of Quebec including the copper mountain expansion deposit that hosts a NI43-101 inferred resource of 456 Megaton (Mt) grading. The Company’s Pine Point project is located on the south shore of Great Slave Lake in Canada’s Northwest Territories. It is based on current mineral resource estimates, which is an open pit and shallow underground mining and consist of 12.9 Mt grading. Its Mount Copper Expansion project is a copper resource property, which is located in Eastern North America. The Company’s subsidiary is Pine Point Mining Limited.


TSXV:OM - Post by User

Bullboard Posts
Post by digitaldoroboon Feb 07, 2008 9:23am
386 Views
Post# 14331116

Osisko --151 Metres Averaging 2.10 g/t Au

Osisko --151 Metres Averaging 2.10 g/t Auhttps://www.marketwire.com/mw/release.do?id=818595 Osisko Intersects 151 Metres Averaging 2.10 g/t Au at Canadian Malartic MONTREAL, QUEBEC--(Marketwire - Feb. 7, 2008) - Osisko Exploration Ltd. (TSX VENTURE:OSK)(FRANKFURT:EWX) is pleased to announce new results from the 30m x 30m infill drilling program at its 100%-owned Canadian Malartic gold property. Highlights from holes CM07-1101 through to CM07-1250 are summarized below and include intersections that were either longer or better grade than expected from the resource model, as well as new mineralized intersections in areas where barren rock was anticipated. All other results from the infill program, including sterilization holes immediately outside the deposit, are in line with expectations and continue to confirm the integrity of the resource model for the deposit. Intercepts that produced better-than-anticipated results include 150.9 m averaging 2.10 g/t Au (CM07-1144) and 184.0 m averaging 1.27 g/t Au (CM07-1160). Details from seven selected holes are tabled below: Hole No. Section From (m) To (m) Length (m) Au g/t CM07-1109 3580E 216.5 278.5 62.0 1.48 And 302.5 468.5 166.0 0.66 CM07-1118 3580E 13.0 168.4 155.4 1.15 CM07-1125 4215E 164.5 323.4 158.9 0.97 CM07-1140 3610E 36.4 331.6 295.2 0.84 including 91.0 140.0 49.0 1.71 CM07-1144 3820E 136.1 287.5 150.9 2.10 including 243.5 279.0 35.5 4.66 CM07-1160 3610E 32.0 216.0 184.0 1.27 including 121.4 157.5 36.1 2.38 CM07-1161 3610E 47.0 69.5 22.5 3.52 including 65.1 69.5 4.4 10.9
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