Osisko Releases Second Quarter 2010 Results

Osisko Mining Corporation (TSX:OSK) reported its second quarter financial results for the period ended June 30, 2010.

The press release is quoted as saying:

Highlights are: Acquisition of 77% interest in Brett Resources Inc. and its Hammond Reef Project, Continued progress on the construction and development of the Canadian Malartic Project with outlays of $116.4 million, Near completion of relocation with the transfer of long-term care facility and acquisition of remaining homes, Continued extensive exploration and definition drilling activities to grow the reserve and resource base, Implementation of a Shareholder Rights Plan, Net loss of $8.4 million for the period and $7.1 million year-to-date.

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