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Osisko Mining (OSK:TSX, “Osisko” or the “Corporation”) is pleased to provide a mineral resource estimate for its 100 percent owned Osborne-Bell gold deposit, located 15 kilometres northwest of the town of Lebel-sur-Quévillon, Québec. This estimate is the result of 927 drill holes (279,925 metres) completed by previous operators on the project since 1994, including 50 …
Osisko Mining (OSK:TSX, “Osisko” or the “Corporation”) is pleased to provide a mineral resource estimate for its 100 percent owned Osborne-Bell gold deposit, located 15 kilometres northwest of the town of Lebel-sur-Quévillon, Québec. This estimate is the result of 927 drill holes (279,925 metres) completed by previous operators on the project since 1994, including 50 that were completed after their last resource estimate was published in 2012, and 4 new drill holes completed by Osisko in December 2017.
John Burzynski, President and Chief Executive Officer commented:
“We are very pleased with our initial resource estimate on Osborne-Bell, a project we acquired for approximately $1.5 million less than a year ago.
We had made no assumptions regarding resources during the bankruptcy acquisition of the deposit and surrounding properties in 2017; this first estimate points to a potentially significant deposit that is located very close to the possible site for a planned future Windfall-Lynx gold mill in Lebel-sur-Quévillon.”