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Osisko Metals Inc V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company owns a 100% interest in the past-producing Gaspe Copper mine. The Gaspe Copper mine is located near Murdochville in Quebec's Gaspe Peninsula. In addition to the Gaspe Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance the past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure. Its Mount Copper Expansion Project hosts the undeveloped copper resource in Eastern North America. The Company also owns a group of 199 claims adjacent to its Gaspe Copper Project. The claims cover additional ground near the Gaspe Copper project.


TSXV:OM - Post by User

Bullboard Posts
Comment by jsnfernleyon Aug 05, 2016 3:22pm
253 Views
Post# 25115197

RE:RE:Osisko

RE:RE:OsiskoThere is frequently a low grade zone surrounding the high grade.

On the good side, if the high grade is largely intact, now you can add the crown pillars and any ore next to development tunnels, shafts, etc., to the resources since you no longer need to leave these in place as the pit progresses.

For the open pit, what grades, length of intercepts, metallurgy, etc.?  In other words, what tonnage and grade for the open pit, how continuous is the mineralization, strip ratio, etc.?  What does it add to the project NPV by having profitable lower grade ore and what capital and operating expense savings are achieved by less underground development work?
Bullboard Posts