Discovery could be a ‘gamechanger’ - Haywood In a research note, Haywood Securities mining analyst Kerry Smith said the discovery could be a “gamechanger” for the company, and added that Osisko is waiting for results from several other drill holes at Golden Bear.
“This is a very significant discovery, and we suspect Osisko is encouraged by both the logging of the seven un-assayed holes along with the assays from this first hole, highlighting the exploration upside on Osisko’s land package,” Smith wrote.
“This target had limited drilling in the past, which was mostly focused along a north-south trending fault which was later recognized as post mineralization. The mineralization at Windfall is associated with the north-east trending Bank fault, and a newly interpreted east-west trending fault at Golden Bear appears to be an important structure which may be related to the Bank fault.”
Mining.com article - June 2021