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gold investing

Osisko Announces Drill Results at Lynx

Written by Nicole Rashotte
|
Apr. 30, 2018 05:44AM PST

Osisko Mining Inc. provided new results from the ongoing drill program at its 100 percent owned Windfall Lake gold project located in Québec.

Osisko Mining Inc. (OSK:TSX) provided new results from the ongoing drill program at its 100 percent owned Windfall Lake gold project located in Québec. The 800,000 metre drill program combines definition, expansion and exploration drilling in and around the main Windfall gold deposit and the adjacent Lynx deposit.

As quoted in the press release:

Significant new analytical results from 19 intercepts in 12 drill holes and 5 wedges focused on infill drilling in the Lynx deposit are presented below. Today’s infill drilling results will not be included in the pending mineral resource scheduled for release in May 2018.

Highlights are as follows:

  • OSK-W-17-928 intersected 68.8 g/t Au over 2.0 metres in Lynx HW. Mineralization contains trace disseminated pyrite within a moderate sericite and weak silica altered rhyolite.
  • OSK-W-17-986 intersected a crustiform vein returning 50.3 g/t Au 2.3 metres. Mineralization contains local visible gold, 2% pyrite stringers, 2% crustiform quartz-carbonate veins and pyrite-silica flooding within a silica, carbonate and fuchsite altered gabbro.
  • OSK-W-17-1166 intersected 72.8 g/t Au over 3.1 metres in Lynx 4. Mineralization contains local visible gold, 10% pyrite-silica flooding and 3% pyrite-tourmaline stringers within a porphyritic felsic dike.
  • OSK-W-17-1320 intersected 43.0 g/t Au over 2.6 metres in Lynx. Mineralization contains 1% disseminated pyrite and trace pyrite in quartz veins within in a strong chlorite, moderate silica and weak sericite altered porphyritic felsic dike.
  • OSK-W-17-1343-W1 intersected 58.7 g/t Au over 5.1 metres in Lynx HW. Mineralization contains 3% pyrite-silica flooding, 1% pyrite-tourmaline stringers and a 10 centimetres quartz vein within a strong silica and moderate sericite altered porphyritic felsic dike.
  • OSK-W-17-1363 intersected 115 g/t Au over 8.4 metres in Lynx 2. Mineralization contains local visible gold and electrum and up to 25% disseminated pyrite or pyrite-tourmaline stringers within strong pervasive silica flooding. The gabbro host is strongly fuchsite and silica altered.
  • OSK-W-17-1396 intersected 67.0 g/t Au over 2.0 metres in Lynx 4. Mineralization contains 1% pyrite in quartz-tourmaline veins and 3% disseminated pyrite within a moderate sericite, moderate fuchsite and weak silica altered rhyolite.
  • OSK-W-18-1169-W1 intersected 7.84 g/t Au over 2.1 metres in Lynx 2. Mineralization contains 2% pyrite disseminated or as stringers and 10% quartz-carbonate and tourmalines veins within a silica and fuchsite altered gabbro.
  • OSK-W-18-1169-W2 intersected three intervals in Lynx 4: 118 g/t Au over 2.5 metres, 4.09 g/t Au over 2.0 metres and 85.1 g/t Au over 2.0 metres. The first interval contains local visible gold, up to 15% pyrite-tourmaline stringers and 1% disseminated pyrite within strong pervasive silica alteration at the contact between a silicified and sericitized gabbro and a sericitized rhyolite. The second interval contains local visible gold and 10% pyrite in smoky-quartz veins within a sericite altered rhyolite. The third interval contains local visible gold and 5% pyrite-tourmaline stringers within a strong silica, moderate sericite, moderate ankerite and weak fuchsite altered rhyolite.
  • OSK-W-18-1367-W2 intersected 4.55 g/t Au over 4.0 meters in Lynx Corridor. Mineralization contains 1% pyrite clusters and trace pyrite-silica flooding within a moderate chlorite and weak silica altered rhyolite.

Click here to read the full Osisko Mining Inc. (OSK:TSX) press release.

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