Exploration / Development > Resource-definition

Osisko keeps delivering at Windfall

It’s hard to keep track of the high-grade hits at Osisko Mining’s (CN:OSK) Windfall Lake project in Quebec, Canada, so frequent have the drill assays been coming through.

Staff reporter

Exploration / Development > Resource-definition

Osisko keeps delivering at Windfall

It’s hard to keep track of the high-grade hits at Osisko Mining’s (CN:OSK) Windfall Lake project in Quebec, Canada, so frequent have the drill assays been coming through.

Staff reporter

Osisko keeps delivering at Windfall

Osisko Mining president and CEO John Burzynski shows off Windfall Lake highlights at the Canadian Mining Symposium in London earlier this year

Quebec UK Twitter

The latest announcement comes with a number of impressive intersections and the discovery of a new zone (Bobcat) that already has a 3.3m interval at 42.4g/t Au from 11m depth highlight to its name.

The standout drill holes this time came from the Underdog, Drake, Zone 27 and Caribou zones at Windfall Lake, with the most impressive being an 8.9m intercept from Underdog averaging 56.1g/t Au from 1,064.1m depth.

The 800,000m programme the assays come from combines definition, expansion and exploratory drilling in and around the main Windfall gold deposit and adjacent Lynx deposit.

Osisko plans to update the existing 1.6 million ounce grading 8g/t indicated and inferred resource at Windfall Lake twice this year.

The first update, based on 400,000m of drilling, is expected to come out early this year. This is likely to be followed up by another later in 2018 as the company builds towards an economic study showing the potential mining proportions of the project.

topics

loader