Osisko Metals Incorporated (TSX:OM, OTCQX:OMZNF, Frankfurt:OB51) announced new drill results from the Gaspé Copper Project in Eastern Quebec. New results include 26 mineralized intercepts from 6 new drill holes. Infill intercepts are from inside the 2024 MRE model and are focused on upgrading inferred mineral resources to either measured or indicated categories. Expansion intercepts are outside of the 2024 MRE model, and have the potential to lead to additional resources which would then be classified in the next MRE update.
Key highlights include:
- Drill hole 30-1110: 1091.5 metres averaging 0.20% Cu (infill and expansion)
- Drill hole 30-1109: 133.7 metres averaging 1.04% Cu (expansion)
- Drill hole 30-1106: 159.1 metres averaging 0.45% Cu (expansion)
- Drill hole 30-1103: 167.9 metres averaging 0.24% Cu (infill)
- Drill hole 30-1108: 134.8 metres averaging 0.22% Cu (infill and expansion)
- Drill hole 30-1111: 304.5 metres averaging 0.17% Cu (infill) and 206.3 metres averaging 0.33% Cu (expansion)
Robert Wares, CEO of Osisko Metals commented, “The growth potential of the Gaspé Copper deposit continues to be demonstrated with today’s new high-grade results. Holes 30-1106 and 30-1109 reveal the presence of a thick, higher grade tabular zone lying at depth around the E Zone horizon near the eastern margin of our 2024 MRE model. This tabular zone may extend significantly to the east if it correlates to historical drilling results. Our expansion drilling is exceeding expectations, hand-in-hand with the solid infill results on our main resource area.”
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