EXPLORATION & DEVELOPMENT

Windfall intercepts more high grades

Osisko Mining intersects 6.2m at 301g/t gold

Staff reporter

This article is 8 years old. Images might not display.

Among the latest highlights, from 44 intercepts in 30 holes at the Lynx deposit, Osisko reported 6.2m at 301g/t Au from 912m; and 2.6m at 79.4g/t from 341.7m.

CEO John Burzynski recently described the ongoing 800,000m effort at Windfall and the adjacent Lynx deposits at Urban Township as the "shut up and drill, stupid" programme.

The company closed a C$92.4 million (US$72.5 million) bought deal private placement of common and flow-through shares last month to bolster its exploration kitty.

The project has a 1.6 million ounce indicated and inferred resource established by the previous owners in 2015 and Burzynski said he expected the new resource would be based on only a portion of infill drilling at Windfall and about the first 700m of Lynx.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.

editions

Project Pipeline Index 2025

View our 50 top mining projects, handpicked using a unique, objective selection process from an expanded database of 600+ global assets.

editions

Investor Sentiment Insights 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.