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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
Post by Hotstock1011on Jun 15, 2020 5:00pm
276 Views
Post# 31153029

Lets hear from Wares !

Lets hear from Wares !WHo has a net worth of over 100M, who owns over 25M shares here.. better to listen to him than gloryhole who doesn't have a dime to his name... Robert Wares, Executive Chairman & CEO, commented: I am very pleased with the PEA study showing an impressive after-tax IRR of 29.6% and after-tax NPV of C$500 M. The proposed mine plan would produce over 450Mlb of zinc in its peak year and an annual average of nearly 330Mlb of zinc and 145Mlb of lead over its estimated 10-year mine life. On a zinc-only basis, Pine Point could potentially, if it entered into production, become a low-cost zinc-lead producer ranking 4th largest in the Americas and 9th in the world, yielding an exceptionally clean and high-grade zinc concentrate. Robert Wares continued: Furthermore, the concurrent release of an updated 2020 MRE for Pine Point demonstrates that continued drilling will improve the classification of the resources and potentially yield further expansion of known deposits. With several deposits open, I am particularly excited to continue exploring and expanding the resource base across the Project. We strongly believe in the Pine Point Project and Osisko Metals will continue developing this asset within the context of improving global zinc markets. 3$+ !!!
Bullboard Posts