EXPLORATION & DEVELOPMENT

Osisko gains on Underdog status

Windfall infill drilling continues to reveal rich mineralisation

Staff Reporter

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The results were not included in the recent Lynx resource update, and continued to demonstrate the richly mineralised nature of the deposit, the Toronto-based company said Wednesday.

The latest results from 13 drill holes returned 38 significant intercepts and four wedges focused on infill drilling.

Highlights include 161 grams per tonne gold over 4.3m and 74.4g/t gold over 2m in OSK-W-18-1768; 38.9g/t over 13.7m and 27.7g/t over 4.4m in OSK-W-18-1139-W1; 96.9g/t over 2.6m and 32g/t over 5.1m in OSK-W-18-1770; 16.9g/t over 8.5m in OSK-W-18-1760; 53g/t over 2.5m in OSK-W-18-1756 and 60.3g/t over 2m in OSK-W-18-1765.

The company noted the true widths were estimated at 65-80% of reported core length intervals.

Osisko gained 4.08% in Toronto on Wednesday to C$2.55, having last peaked at $3.77 in February.

 

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