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zinc investing

Osisko Metals Intersects 4.86 Percent Zinc-Lead Over 11.10 Metres at Pine Point

Written by Scott Tibballs
|
Jun. 12, 2018 10:01AM PST

Osisko Metals has announced assay results from an additional 35 shallow drill holes completed along the Central Zone trend in the L65 deposit and along the East Mill Zone trend in the L 35 and L36 deposits at its Pine point property in the Northwest Territories.

Osisko Metals (TSXV:OM) has announced assay results from an additional 35 shallow drill holes completed along the Central Zone trend in the L65 deposit and along the East Mill Zone trend in the L 35 and L36 deposits at its Pine point property in the Northwest Territories.

As quoted in the press release:

Drill hole L65-18-PP-004 intersected 4.29 percent zinc and 0.56 percent lead over 11.10 metres. Also worthy of mention is hole L65-18-PP-007 that intersected 11.20 percent zinc and 3.42 percent lead over 5.35 metres. All intersections are within near surface flat lying tabular-style deposits and all intercepts in the Central Zone are located above 102 metre depths. The intersections in the East Mill Zone trend are above 57 metre depths.

According to the company the objective of the 2018 drill program is to upgrade approximately 50 million tonnes of unclassified near-surface historical resources to NI43-101 indicated resources as quickly as possible in areas amenable to open-pit mining. The program consists of approximately 700 drill holes (129 now completed) within the central, 20-kilometre long, portion of the Pine Point Mining Camp that is located on the south shore of Great Slave Lake in the Northwest Territories, near infrastructure and paved highway access.

Click here to view the full Osisko Metals (TSXV:OM) press release.

tsxv:om pine point zinc investing northwest territories
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Osisko Metals Signs C$100 Million Investment Agreement With Appian Natural Resources Fund for a Joint Venture on Pine Point

Osisko Metals Signs C$100 Million Investment Agreement With Appian Natural Resources Fund for a Joint Venture on Pine Point

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