EXPLORATION & DEVELOPMENT

Osisko reports best Windfall intercept

Osisko Mining has reported the highest-grade drill intercept yet at its Windfall gold project in Eeyou Istchee James Bay in Quebec, Canada.

Staff reporter
 High grade gold at Lynx on Osisko Mining's Windfall project in Quebec, Canada

High grade gold at Lynx on Osisko Mining's Windfall project in Quebec, Canada

Infill drilling at Lynx returned 2m grading 13,634 grams per tonne including 0.3m grading 90,700g/t.

"Today's spectacular result, certainly one the highest gold grades in terms of metal factor [grade-times-width) ever reported, continues to demonstrate the exceptional high-grade characteristics of Lynx. Our infill drilling program continues to show the strength of our deposit, and is confirming both the continuity and high-grade nature of Windfall," said Osisko Mining CEO John Burzynski.

Shares in Osisko Mining are trading at C$3.54, valuing the company at $1.2 billion.

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