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Osisko Metals Signs Purchase Agreements to Acquire Strategic Claims Adjacent to the Mount Fronsac North Deposit
Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX VENTURE:OM)(FRANKFURT:0B5) is pleased to announce that it has signed a formal Purchase Agreement to acquire, from four vendors (The “Vendors”), a 100% interest in 4 claim groups (the “Properties”) in the Mount Fronsac North area in the Bathurst Mining Camp (“BMC”). The Properties are comprised of …
Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX VENTURE:OM)(FRANKFURT:0B5) is pleased to announce that it has signed a formal Purchase Agreement to acquire, from four vendors (The “Vendors”), a 100% interest in 4 claim groups (the “Properties”) in the Mount Fronsac North area in the Bathurst Mining Camp (“BMC”). The Properties are comprised of a total of 39 claim units that have an approximate surface area of 850 hectares. Three of these claim groups host the northern extension and downdip potential of the Mount Fronsac North Deposit that was acquired by Osisko Metals in July 2017 (see NR dated July 6, 2017).
As quoted in the press release:
Jeff Hussey, President and CEO of Osisko Metals, commented: “We are happy to announce another acquisition in the western half of the BMC. The Mount Fronsac North Deposit is a relatively large sulphide deposit that hosts high grade mineralization locally. The larger volume of sulphide mineralization is evidence of a significant volcanogenic system that we will evaluate and explore.”
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