The update included information on three developments across the company’s Quevec-focused portfolio of projects.
Osisko Metals (TSXV:OM,OTCQX:OMZNF) has announced an update on its Quebec greenfield base metals exploration program, which includes the launching of an 8,000 metre drill program on the 100-percent owned Ascension project, the signing of an option agreement with O3 Mining (TSXV: OIII) to earn a 50-percent interest in the Ashuanipi project and the continuation of its exploration program on the previously announced Quévillon base metals earn-in with Osisko Mining.
As quoted in the press release, executive chairman of Osisko Robert Wares said:
“Our Quebec Genex program has identified several promising targets that will be drilled this fall, including potential Broken Hill style mineralization in the Grenville and VMS-type targets in the Abitibi and Ashuanipi geological provinces. Our fall program also includes the launching of a new copper-nickel-PGE project in the Quévillon area. Adding to this the recently announced Pine Point and Bathurst drill programs in NWT and New Brunswick respectively, we are looking forward to a full house of exploration activity over the next six months.”