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OBAN MINING CORPORATION OBNNF


Primary Symbol: T.OBM

"Oban Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration, & development of mineral deposits in the Americas. Its projects include the Marcahui, the Antamayo & the Chosicano."


TSX:OBM - Post by User

Bullboard Posts
Post by juneau103on Feb 19, 2020 5:43pm
272 Views
Post# 30710377

Windfall mineral resource estimate expanded to world-class!!

Windfall mineral resource estimate expanded to world-class!!"John Burzynski, President and Chief Executive Officer of Osisko, commented: "We have been confident since Osisko discovered Lynx in 2016 that we had another world-class gold deposit developing at Windfall. The number of ounces and average grade at Lynx has continued to increase as we advance the resource infill drilling. Recent Lynx bulk sample results (see Osisko news release of December 11, 2019) also showed reconciliation significantly exceeding predicted block model grades and returned higher than anticipated gold recovery. Strong potential for expansion remains in the known Lynx zones, the majority of which are open along strike to the northeast and down plunge below 1,200 metres. The Triple 8 discovery, at approximately 1,500 metres vertical depth, was not included in the current mineral resource estimate but hosts excellent potential to add significant ounces with additional drilling."


NOTHING LESSS THAN EXCELLENT! 

Highlights

 

  • Windfall mineral resource estimate expanded to world-class scale
  • Mineral resource estimate entirely above 1200 metres vertical depth
  • 2019 drilling increased indicated mineral resource estimate by 60% (added 452,000 ounces) and increased inferred mineral resource estimate by 66% (added 1,572,000 ounces)
  • Osisko's Lynx discovery hosts average grade of >10 g/t Au and the majority of indicated and inferred mineral resource estimate; significant high-grade zones (Lynx 4, Triple Lynx) remain open down plunge, 19 drills continue with infill and expansion drilling in 2020
J103 No point in copying and pasting the entire release, but this is EXCELLENT! Now in the voice of FOREST GUMP, " LIFE IS LIKE A BOX OF CHOCOLATES....." THE CONTINUATION OF 19 rigs turning 
and moving over to FOX is going to make 2020 amazing!  Well, they said end of FEB and they delieverd and all the geo's in the field get to keep their finger nails.....and last but not least, I hope you all took my heeded advice two weeks ago and bought TSK, becasue if you did,
today you can go buy Talisker, tonight, I crack my bottle, its a Talisker 1985 cheers to all those patient Bloke's
Bullboard Posts