Osisko Metals Announces Additional Drill Results From Pine Point With Up to 13.00 Metres Grading 11.11% Zinc and 1.44% Lead

Osisko Metals Announces Additional Drill Results From Pine Point With Up to 13.00 Metres Grading 11.11% Zinc and 1.44% Lead

 

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce additional assay results from its 2023 drilling program at the Pine Point Project, located in the Northwest Territories, Canada. The reported results are from the M67, L65, and M62 deposits. The M67 deposit consists of local prismatic development within a tabular apron of mineralization, while L65 and M62 are both tabular-style deposits in the Central Zone (C1). Drilling between M67 and L65 connected the tabular-style mineralization between these deposits over a strike length of 200 metres in an area that was not included in the 2022 PEA Mineral Resource Estimation (MRE).

 

Drilling was conducted as part of the Pine Point Mining Limited ("PPML") Joint Venture's larger 2023 definition drilling program designed to achieve an average drill spacing of approximately 30 metres within the currently modelled mineral resources reported in the 2022 PEA. This spacing is intended to upgrade the resources presently classified as Inferred to the Indicated category.

 

  Drill Hole Assay Composite Highlights:  

 
  • L65-23-PP-051: 11.00 metres, grading 3.64% Zn and 2.44% Pb (6.07% Zn+Pb)  
  •  
  • M62-23-PP-015: 8.00 metres, grading 7.44% Zn and 0.01% Pb (7.46% Zn+Pb)  
  •  
  • M67-23-PP-002: 10.00 metres, grading 8.78% Zn and 1.18% Pb (9.96% Zn+Pb)  
  •  
  • M67-23-PP-004: 7.00 metres, grading 14.25% Zn and 3.37% Pb (17.62% Zn+Pb)  
  •  
  • M67-23-PP-013 : 13.00 metres, grading 11.11% Zn and 1.44% Pb (12.55% Zn+Pb)  
  •  
  • M67-23-PP-015: 12.00 metres, grading 11.92% Zn and 4.91% Pb (16.83% Zn+Pb)  
  •  
  • M67-23-PP-027: 8.00 metres, grading 9.16% Zn and 3.92% Pb (13.08% Zn+Pb)  
  •  

All mineralization occurs near surface between 51.00 and 87.00 metres vertical depth from surface and occurs as tabular-style semi-massive to massive colloform sphalerite and galena associated with intensely altered hydrothermal dolomite and limestone.

 

Robert Wares, CEO and Chairman of the Board, commented: "These drill results have met expectations when compared to previous drilling and the continuity between the M67 and L65 deposits has been confirmed and is welcomed news. This new data will be incorporated into the mineral resource update planned for later this year. We also look forward to launching the feasibility study in the new year."

 

  Table 1: Drill Hole Assay Composites.

 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
  Hole Name  

  Zone  

  Deposit  

  From    To    Drill  
Width  
  True  
Width  
  Zn    Pb    Zn+Pb  
  (m)    (m)    (m)    (m)    %    %    %  
L65-23-PP-001 C1 L65 65.00 68.00 3.00 3.00 5.63 3.52 9.14
L65-23-PP-002 C1 L65 66.00 68.00 2.00 2.00 1.81 1.62 3.43
L65-23-PP-003A C1 L65 60.00 72.00 12.00 11.97 5.31 1.23 6.54
L65-23-PP-004 C1 L65 66.00 68.00 2.00 2.00 5.49 0.33 5.82
L65-23-PP-005 C1 L65 63.00 64.00 1.00 1.00 6.61 5.15 11.76
L65-23-PP-006 C1 L65 66.00 66.70 0.70 0.70 8.06 0.06 8.12
L65-23-PP-008 C1 L65 57.00 58.00 1.00 1.00 2.47 0.86 3.33
L65-23-PP-009 C1 L65 59.00 65.00 6.00 5.99 2.23 0.24 2.46
L65-23-PP-010 C1 L65 67.00 68.00 1.00 1.00 1.86 0.47 2.32
L65-23-PP-011 C1 L65 65.00 67.00 2.00 1.99 3.73 2.34 6.08
L65-23-PP-012 C1 L65 55.00 57.00 2.00 2.00 2.74 0.56 3.29
L65-23-PP-013 C1 L65 58.00 59.00 1.00 1.00 1.59 1.08 2.67
and C1 L65 63.00 65.00 2.00 2.00 17.39 3.19 20.58
L65-23-PP-014 C1 L65 55.00 56.00 1.00 1.00 2.58 2.31 4.89
L65-23-PP-015 C1 L65 51.00 52.00 1.00 1.00 8.06 0.01 8.07
L65-23-PP-016 C1 L65 62.00 65.00 3.00 2.99 5.65 1.87 7.52
and C1 L65 67.00 68.00 1.00 1.00 0.25 2.39 2.64
L65-23-PP-017 C1 L65 66.00 69.00 3.00 3.00 6.94 0.74 7.68
L65-23-PP-019 C1 L65 62.00 63.00 1.00 1.00 0.63 1.44 2.06
and C1 L65 65.00 67.00 2.00 2.00 2.25 3.23 5.48
L65-23-PP-020 C1 L65 64.00 68.00 4.00 3.99 3.38 2.07 5.45
L65-23-PP-021 C1 L65 64.00 67.00 3.00 3.00 2.50 2.16 4.65
and C1 L65 69.00 73.00 4.00 3.99 3.60 0.98 4.58
L65-23-PP-022 C1 L65 68.00 74.00 6.00 5.99 8.73 1.57 10.30
L65-23-PP-023 C1 L65 64.00 65.00 1.00 1.00 2.30 1.17 3.47
and C1 L65 68.00 69.00 1.00 1.00 3.02 2.41 5.43
L65-23-PP-024 C1 L65 59.00 65.00 6.00 5.99 4.36 1.24 5.61
L65-23-PP-025 C1 L65 59.00 62.00 3.00 2.99 6.00 15.25 21.25
L65-23-PP-027 C1 L65 58.00 63.00 5.00 4.99 1.77 0.78 2.56
L65-23-PP-029 C1 L65 58.80 59.50 0.70 0.70 3.56 7.74 11.30
L65-23-PP-030 C1 L65 63.00 64.00 1.00 1.00 6.58 0.16 6.74
L65-23-PP-032 C1 L65 52.00 54.00 2.00 2.00 3.94 0.05 3.99
and C1 L65 59.00 62.00 3.00 2.99 3.02 1.64 4.66
L65-23-PP-033 C1 L65 62.00 66.00 4.00 3.99 5.78 1.70 7.48
L65-23-PP-034 C1 L65 67.00 70.00 3.00 3.00 3.30 1.47 4.77
and C1 L65 72.00 73.00 1.00 1.00 8.26 3.77 12.03
L65-23-PP-035 C1 L65 63.00 67.00 4.00 3.99 1.87 2.10 3.97
L65-23-PP-036 C1 L65 59.00 60.00 1.00 1.00 4.77 0.08 4.85
and C1 L65 62.00 66.00 4.00 3.99 7.70 2.07 9.77
and C1 L65 70.00 72.00 2.00 2.00 5.85 1.52 7.37
L65-23-PP-037 C1 L65 61.00 63.00 2.00 1.99 11.31 2.51 13.82
and C1 L65 65.00 66.00 1.00 1.00 7.99 0.08 8.07
L65-23-PP-038 C1 L65 57.00 59.00 2.00 2.00 11.54 2.75 14.29
L65-23-PP-041 C1 L65 62.00 67.00 5.00 4.99 5.83 2.82 8.64
and C1 L65 72.00 73.00 1.00 1.00 2.26 0.07 2.33
L65-23-PP-042 C1 L65 76.00 80.00 4.00 3.99 5.90 1.04 6.94
and C1 L65 82.00 84.00 2.00 1.99 0.83 1.79 2.62
L65-23-PP-049 C1 L65 81.00 82.00 1.00 1.00 3.12 0.46 3.58
L65-23-PP-050 C1 L65 74.00 77.00 3.00 3.00 6.49 2.38 8.87
and C1 L65 81.00 87.00 6.00 5.99 9.52 1.46 10.99
L65-23-PP-051 C1 L65 67.00 78.00 11.00 10.96 3.64 2.44 6.07
and C1 L65 82.00 83.00 1.00 1.00 0.18 3.16 3.34
  L65-23-PP-052    C1    L65    66.00    67.50    1.50    1.50    28.06    4.24    32.30  
and C1 L65 70.00 71.00 1.00 1.00 3.77 0.09 3.86
L65-23-PP-053 C1 L65 68.00 71.00 3.00 3.00 4.26 0.86 5.11
L65-23-PP-056 C1 L65 68.00 69.00 1.00 1.00 3.53 0.76 4.29
L65-23-PP-057 C1 L65 64.50 68.00 3.50 3.50 3.75 3.45 7.20
and C1 L65 71.00 75.00 4.00 4.00 6.32 0.69 7.01
L65-23-PP-058 C1 L65 65.00 67.00 2.00 2.00 1.75 0.58 2.33
L65-23-PP-059 C1 L65 55.00 56.00 1.00 1.00 2.38 1.50 3.88
L65-23-PP-060 C1 L65 56.00 57.00 1.00 1.00 1.40 0.63 2.02
L65-23-PP-062 C1 L65 52.00 56.00 4.00 4.00 10.10 7.00 17.10
L65-23-PP-063 C1 L65 67.00 68.00 1.00 1.00 6.36 1.79 8.15
and C1 L65 70.00 72.00 2.00 2.00 2.85 2.91 5.76
M62-23-PP-001 C1 M62 63.00 65.00 2.00 2.00 9.66 4.68 14.34
M62-23-PP-003 C1 M62 53.60 54.60 1.00 1.00 21.70 12.90 34.60
and C1 M62 57.00 58.00 1.00 1.00 3.61 0.13 3.74
M62-23-PP-004 C1 M62 53.00 54.00 1.00 1.00 10.65 26.13 36.78
M62-23-PP-006B C1 M62 56.00 58.00 2.00 2.00 2.55 0.71 3.26
and C1 M62 61.00 62.00 1.00 1.00 4.57 0.42 4.99
M62-23-PP-007B C1 M62 57.00 58.00 1.00 1.00 5.22 0.61 5.83
M62-23-PP-008B C1 M62 57.00 58.00 1.00 1.00 12.85 0.94 13.79
M62-23-PP-009 C1 M62 59.00 61.00 2.00 2.00 6.68 1.97 8.65
M62-23-PP-010 C1 M62 59.00 60.00 1.00 1.00 5.28 0.01 5.29
M62-23-PP-011 C1 M62 58.00 62.00 4.00 3.99 7.00 1.82 8.81
and C1 M62 65.00 67.00 2.00 2.00 4.35 0.30 4.65
M62-23-PP-012 C1 M62 59.50 65.00 5.50 5.50 9.52 2.89 12.40
M62-23-PP-013 C1 M62 65.00 72.00 7.00 6.99 4.23 0.06 4.29
M62-23-PP-014B C1 M62 75.00 77.00 2.00 2.00 6.29 0.75 7.04
M62-23-PP-015 C1 M62 60.00 67.00 7.00 6.99 5.76 0.62 6.38
  and    C1    M62    69.00    77.00    8.00    7.99    7.44    0.01    7.46  
M62-23-PP-016 C1 M62 65.00 68.00 3.00 3.00 9.79 0.02 9.81
M62-23-PP-017 C1 M62 63.00 67.00 4.00 3.99 18.72 0.19 18.91
M62-23-PP-018 C1 M62 63.00 67.00 4.00 3.99 24.06 5.40 29.46
and C1 M62 81.00 84.00 3.00 3.00 8.99 1.17 10.17
M62-23-PP-020 C1 M62 60.00 63.00 3.00 3.00 5.95 0.45 6.40
M67-23-PP-001 C1 M67 53.00 57.50 4.50 4.50 3.42 0.01 3.42
and C1 M67 62.00 63.00 1.00 1.00 3.78 1.16 4.93
M67-23-PP-002 C1 M67 52.75 55.00 2.25 2.25 3.46 0.00 3.47
  and    C1    M67    61.00    71.00    10.00    9.98    8.78    1.18    9.96  
M67-23-PP-003 C1 M67 64.00 67.00 3.00 2.99 3.11 1.68 4.79
and C1 M67 70.00 71.40 1.40 1.40 0.91 1.16 2.07
and C1 M67 73.00 74.00 1.00 1.00 4.03 0.15 4.18
  M67-23-PP-004    C1   M67   61.00    68.00    7.00    6.98    14.25    3.37    17.62  
M67-23-PP-005 C1 M67 63.00 64.00 1.00 1.00 7.19 1.83 9.02
and C1 M67 75.00 76.00 1.00 1.00 3.66 0.58 4.24
M67-23-PP-007 C1 M67 63.00 67.00 4.00 3.99 2.90 1.27 4.16
and C1 M67 70.80 72.00 1.20 1.20 15.25 2.52 17.77
M67-23-PP-008 C1 M67 74.00 75.00 1.00 1.00 1.91 0.22 2.13
M67-23-PP-011 C1 M67 69.00 71.00 2.00 2.00 6.18 0.33 6.51
  M67-23-PP-013    C1   M67   60.00    73.00    13.00    12.96    11.11    1.44    12.55  
M67-23-PP-014 C1 M67 69.00 72.00 3.00 3.00 6.76 4.00 10.76
  M67-23-PP-015    C1   M67   63.00    75.00    12.00    11.97    11.92    4.91    16.83  
M67-23-PP-017 C1 M67 70.00 73.00 3.00 3.00 4.18 5.66 9.84
M67-23-PP-018 C1 M67 72.00 74.00 2.00 2.00 8.21 0.30 8.51
M67-23-PP-019 C1 M67 72.00 76.00 4.00 4.00 1.40 1.22 2.62
M67-23-PP-020 C1 M67 71.00 74.00 3.00 2.99 4.18 1.00 5.18
M67-23-PP-021 C1 M67 69.00 73.00 4.00 4.00 7.53 3.53 11.06
and C1 M67 78.00 82.00 4.00 4.00 8.07 15.55 23.62
M67-23-PP-022 C1 M67 69.00 74.35 5.35 5.33 4.83 0.89 5.72
and C1 M67 76.00 77.00 1.00 1.00 13.95 10.70 24.65
M67-23-PP-023 C1 M67 67.00 73.00 6.00 5.98 8.31 0.56 8.87
M67-23-PP-024 C1 M67 65.30 70.00 4.70 4.70 20.53 1.25 21.78
M67-23-PP-025 C1 M67 71.00 72.00 1.00 1.00 0.15 1.96 2.10
M67-23-PP-026 C1 M67 75.00 76.00 1.00 1.00 1.95 0.58 2.53
M67-23-PP-027 C1 M67 55.00 58.00 3.00 2.99 2.81 0.03 2.84
  and    C1   M67   61.00    69.00    8.00    7.96    9.16    3.92    13.08  
M67-23-PP-028 C1 M67 59.00 60.00 1.00 1.00 1.25 0.77 2.02
and C1 M67 63.00 66.00 3.00 3.00 4.28 0.21 4.49
M67-23-PP-029 C1 M67 63.00 66.00 3.00 2.99 2.10 1.32 3.41
M67-23-PP-030 C1 M67 61.00 66.00 5.00 4.99 5.20 4.48 9.68
 

Drill holes not reported in this table with a collar location tabulated in Table 2 contained no significant assay results.

 

  Qualified Person  

 

Mr. Robin Adair is the Qualified Person and the Senior Technical Advisor for Pine Point Mining Limited. He is responsible for the technical data reported in this news release and is a Professional Geologist registered in the Northwest Territories.

 

  Quality Assurance / Quality Control  

 

 Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation, and analyses. Drill core samples from the Pine Point project area are securely transported to its core facility on-site, where they are logged and sampled. Samples selected for assay are shipped to ALS Canada Ltd.'s preparation facility in Yellowknife. Pulps are analyzed at the ALS Canada Ltd. facility in North Vancouver, BC. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for a multi-element suite with a 1% upper detection limit for base metals. Samples reporting over 1% for Zn and 1% for Pb are analyzed by assay grade, four acid digestion, and ICP-AES analysis with an upper detection limit of 30% and 20%, respectively. Samples with Zn >30% and or Pb >20% are analyzed by traditional titration.

 

  Table 2: Drill Hole Collar Locations (NAD83 (CSRS) Zone 11).

 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
  Hole Name    Zone    Deposit    Easting    Northing    Elev. (m)    Azm.    Dip    Length (m)  
L65-23-PP-001 C1 L65 628205.5 6743688.9 214.7 0 -90 78
L65-23-PP-002 C1 L65 628247.0 6743666.4 214.9 0 -90 90
L65-23-PP-003 C1 L65 628235.7 6743691.6 214.8 0 -90 18
L65-23-PP-003A C1 L65 628235.7 6743691.6 214.8 0 -90 75
L65-23-PP-004 C1 L65 628226.7 6743709.4 214.7 0 -90 69
L65-23-PP-005 C1 L65 628197.6 6743719.3 214.4 0 -90 75
L65-23-PP-006 C1 L65 628157.9 6743717.7 214.2 0 -90 90
L65-23-PP-007 C1 L65 628146.3 6743742.1 214.1 0 -90 90
L65-23-PP-008 C1 L65 628165.1 6743772.4 213.9 0 -90 90
L65-23-PP-009 C1 L65 628175.3 6743750.2 214.1 0 -90 90
L65-23-PP-010 C1 L65 628184.3 6743730.9 214.3 0 -90 90
L65-23-PP-011 C1 L65 628214.6 6743738.0 214.4 0 -90 90
L65-23-PP-012 C1 L65 628203.5 6743762.0 214.2 0 -90 78
L65-23-PP-013 C1 L65 628193.0 6743785.6 214.1 0 -90 90
L65-23-PP-014 C1 L65 628224.5 6743784.5 214.3 0 -90 90
L65-23-PP-015 C1 L65 628238.0 6743759.5 214.5 0 -90 66
L65-23-PP-016 C1 L65 628248.4 6743737.6 214.8 0 -90 90
L65-23-PP-017 C1 L65 628256.9 6743718.6 214.9 0 -90 72
L65-23-PP-018 C1 L65 628276.0 6743677.3 215.0 0 -90 90
L65-23-PP-019 C1 L65 628304.6 6743683.5 215.1 0 -90 92
L65-23-PP-020 C1 L65 628332.0 6743697.8 215.2 0 -90 92
L65-23-PP-021 C1 L65 628294.8 6743707.6 215.0 0 -90 92
L65-23-PP-022 C1 L65 628324.0 6743718.7 215.3 0 -90 92
L65-23-PP-023 C1 L65 628284.9 6743730.5 215.0 0 -90 92
L65-23-PP-024 C1 L65 628274.1 6743752.0 214.8 0 -90 92
L65-23-PP-025 C1 L65 628264.7 6743772.6 214.6 0 -90 95
L65-23-PP-026 C1 L65 628255.6 6743793.2 214.5 0 -90 92
L65-23-PP-027 C1 L65 628279.3 6743811.6 214.9 0 -90 90
L65-23-PP-028 C1 L65 628307.4 6743822.1 215.1 0 -90 92
L65-23-PP-029 C1 L65 628290.7 6743785.8 214.8 0 -90 92
L65-23-PP-030 C1 L65 628302.6 6743764.2 214.6 0 -90 71
L65-23-PP-031 C1 L65 628319.9 6743795.5 215.2 0 -90 90
L65-23-PP-032 C1 L65 628329.7 6743774.9 215.0 0 -90 92
L65-23-PP-033 C1 L65 628313.4 6743738.4 215.1 0 -90 92
L65-23-PP-034 C1 L65 628350.1 6743731.1 215.3 0 -90 91
L65-23-PP-035 C1 L65 628339.6 6743752.3 215.0 0 -90 76
L65-23-PP-036 C1 L65 628358.5 6743784.1 215.3 0 -90 75
L65-23-PP-037 C1 L65 628385.0 6743781.7 215.6 0 -90 73
L65-23-PP-038 C1 L65 628352.1 6743813.4 215.4 0 -90 69
L65-23-PP-039 C1 L65 628335.3 6743833.5 215.3 0 -90 41
L65-23-PP-039B C1 L65 628335.3 6743833.5 215.3 0 -90 71
L65-23-PP-040 C1 L65 628356.6 6743847.2 215.2 0 -90 74
L65-23-PP-041 C1 L65 628398.8 6743841.4 215.8 0 -90 76
L65-23-PP-042 C1 L65 628390.8 6743861.0 215.5 0 -90 87
L65-23-PP-043 C1 L65 628368.8 6743867.5 215.1 0 -90 82
L65-23-PP-044 C1 L65 628390.8 6743877.7 215.5 0 -90 91
L65-23-PP-045 C1 L65 628338.0 6743898.5 214.4 0 -90 82
L65-23-PP-046 C1 L65 628363.5 6743911.5 214.4 0 -90 85
L65-23-PP-047 C1 L65 628374.5 6743935.3 214.4 0 -90 82
L65-23-PP-048 C1 L65 628390.8 6743917.8 214.8 0 -90 88
L65-23-PP-049 C1 L65 628412.7 6743935.2 214.8 0 -90 85
L65-23-PP-050 C1 L65 628406.3 6743895.4 215.5 0 -90 97
L65-23-PP-051 C1 L65 628445.5 6743869.9 216.3 0 -90 91
L65-23-PP-052 C1 L65 628527.1 6743955.2 216.2 0 -90 79
L65-23-PP-053 C1 L65 628519.5 6743982.6 215.3 0 -90 79
L65-23-PP-054 C1 L65 628546.5 6744003.0 215.2 0 -90 79
L65-23-PP-055 C1 L65 628567.3 6743990.6 215.8 0 -90 64
L65-23-PP-056 C1 L65 628594.6 6743973.7 217.1 0 -90 79
L65-23-PP-057 C1 L65 628820.4 6743999.3 217.4 0 -90 83
L65-23-PP-058 C1 L65 628846.3 6744003.4 217.1 0 -90 77
L65-23-PP-059 C1 L65 628681.7 6744175.6 213.6 0 -90 65
L65-23-PP-060 C1 L65 628710.2 6744206.1 213.5 0 -90 74
L65-23-PP-061 C1 L65 628695.1 6744229.2 213.4 0 -90 71.1
L65-23-PP-062 C1 L65 628665.0 6744219.1 213.4 0 -90 68
L65-23-PP-063 C1 L65 628229.3 6743658.0 214.6 0 -90 78
M62-23-PP-001 C1 M62 630064.7 6744825.8 216.2 0 -90 88
M62-23-PP-002 C1 M62 630066.4 6744800.9 216.6 0 -90 58
M62-23-PP-003 C1 M62 630002.5 6744774.6 216.1 0 -90 67
M62-23-PP-004 C1 M62 629975.6 6744791.7 216.1 0 -90 61
M62-23-PP-005* C1 M62 629867.6 6744775.4 215.5 0 -90 57
M62-23-PP-006 C1 M62 629844.0 6744758.1 215.7 0 -90 23
M62-23-PP-006B C1 M62 629844.0 6744758.1 215.7 0 -90 63
M62-23-PP-007 C1 M62 629815.6 6744759.7 215.7 0 -90 54
M62-23-PP-007B C1 M62 629815.6 6744759.7 215.7 0 -90 65
M62-23-PP-008 C1 M62 630126.2 6744498.4 219.7 0 -90 23
M62-23-PP-008B C1 M62 630126.2 6744498.4 219.7 0 -90 62
M62-23-PP-009 C1 M62 630093.1 6744466.3 219.6 0 -90 67
M62-23-PP-010 C1 M62 630082.9 6744493.1 219.7 0 -90 73
M62-23-PP-011 C1 M62 630063.6 6744478.9 219.7 0 -90 69
M62-23-PP-012 C1 M62 630051.4 6744439.2 219.4 0 -90 71
M62-23-PP-013 C1 M62 629811.4 6744581.8 219.1 0 -90 84
M62-23-PP-014 C1 M62 629761.1 6744584.9 218.4 0 -90 36
M62-23-PP-014B C1 M62 629761.1 6744584.9 218.4 0 -90 87
M62-23-PP-015 C1 M62 629791.9 6744546.9 220.0 0 -90 87
M62-23-PP-016 C1 M62 629778.3 6744519.1 221.8 0 -90 90
M62-23-PP-017 C1 M62 629785.4 6744486.7 224.0 0 -90 90
M62-23-PP-018 C1 M62 629748.2 6744482.9 223.3 0 -90 90
M62-23-PP-019 C1 M62 629718.6 6744482.4 222.2 0 -90 90
M62-23-PP-020 C1 M62 629749.6 6744452.2 223.2 0 -90 90
M67-23-PP-001* C1 M67 627896.3 6743459.1 214.2 0 -90 72
M67-23-PP-002 C1 M67 627888.2 6743480.0 214.1 0 -90 75
M67-23-PP-003 C1 M67 627961.0 6743512.7 214.0 0 -90 75
M67-23-PP-004 C1 M67 627987.7 6743495.5 214.2 0 -90 75
M67-23-PP-005 C1 M67 628004.1 6743513.8 214.2 0 -90 78
M67-23-PP-006 C1 M67 628012.4 6743480.1 214.5 0 -90 72
M67-23-PP-007 C1 M67 628025.1 6743503.2 214.3 0 -90 75
M67-23-PP-008 C1 M67 628042.1 6743477.5 214.4 0 -90 75
M67-23-PP-009 C1 M67 628057.3 6743511.8 214.2 0 -90 81
M67-23-PP-010 C1 M67 628067.7 6743490.2 214.3 0 -90 72
M67-23-PP-011 C1 M67 628080.4 6743517.9 214.3 0 -90 78
M67-23-PP-012 C1 M67 628108.4 6743517.0 214.5 0 -90 75
M67-23-PP-013 C1 M67 628124.7 6743539.0 214.4 0 -90 81
M67-23-PP-014 C1 M67 628130.9 6743564.4 214.3 0 -90 81
M67-23-PP-015 C1 M67 628038.9 6743570.0 214.2 0 -90 81
M67-23-PP-016 C1 M67 628029.5 6743587.9 214.2 0 -90 81
M67-23-PP-017 C1 M67 628039.1 6743621.9 214.1 0 -90 81
M67-23-PP-018 C1 M67 628064.8 6743667.5 214.1 0 -90 81
M67-23-PP-019 C1 M67 628103.3 6743662.0 214.0 0 -90 81
M67-23-PP-020 C1 M67 628100.7 6743635.3 214.1 0 -90 84
M67-23-PP-021 C1 M67 628140.0 6743621.7 214.3 0 -90 84
M67-23-PP-022 C1 M67 628137.8 6743643.1 214.3 0 -90 84
M67-23-PP-023 C1 M67 628125.1 6743683.0 214.1 0 -90 75
M67-23-PP-024 C1 M67 628156.6 6743686.5 214.3 0 -90 78
M67-23-PP-025 C1 M67 628174.8 6743675.2 214.5 0 -90 78
M67-23-PP-026 C1 M67 628195.2 6743674.4 214.6 0 -90 78
M67-23-PP-027 C1 M67 627958.2 6743481.2 214.1 0 -90 69
M67-23-PP-028 C1 M67 627930.8 6743513.2 214.0 0 -90 69
M67-23-PP-029 C1 M67 627908.7 6743497.5 214.0 0 -90 66
M67-23-PP-030 C1 M67 627923.7 6743471.2 214.2 0 -90 69
 

*Hydrogeological drill holes

 

  About Osisko Metals  

 

 Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals space, more specifically copper and zinc. The Company is a joint venture partner with Appian Capital Advisory LLP for the advancement of one of Canada's premier past-producing zinc mining camps, the Pine Point Project, located in the Northwest Territories, for which the 2022 PEA (as defined herein) has indicated an after-tax NPV of C$602 million and an IRR of 25%, based on long-term zinc price of US$1.37/lb and the current mineral resource estimates that are amenable to open pit and shallow underground mining. The current mineral resource estimate in the 2022 PEA consists of 15.7Mt grading 5.55% ZnEq of Indicated Mineral Resources and 47.2Mt grading 5.94% ZnEq of Inferred Mineral Resources . Please refer to the technical report entitled "Preliminary Economic Assessment, Pine Point Project, Hay River, Northwest Territories, Canada" dated August 26, 2022 (with an effective date of July 30, 2022), which was prepared for Osisko Metals and PPML by representatives of BBA Engineering Inc., HydroRessources Inc., PLR Resources Inc. and WSP Canada Inc. (the " 2022 PEA "). Please refer to the full text of the 2022 PEA, a copy of which is available on SEDAR (   www.sedar.com   ) under the Osisko Metals' issuer profile, for the assumptions, methodologies, qualifications and limitations described therein. The Pine Point Project is located on the south shore of Great Slave Lake in the Northwest Territories, near infrastructure, with paved highway access, an electrical substation, as well as 100 kilometres of viable haulage roads.

 

In addition, the Company also acquired in July 2023, from Glencore Canada Corporation, a 100% interest in the past-producing Gaspé Copper Mine, located near Murdochville in the Gaspé peninsula of Québec. The Company is currently focused on resource evaluation of the Mount Copper Expansion Project that hosts an Inferred Mineral Resource (in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ) of 456Mt grading 0.31% Cu (see April 28, 2022 news release of Osisko Metals entitled "Osisko Metals Announces Maiden Resource at Gaspé Copper – Inferred Resource of 456Mt Grading 0.31% Copper" ). Gaspé Copper hosts the largest undeveloped copper resource in Eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

 

  About Appian  

 

Appian Capital Advisory LLP is a London-headquartered investment advisor to long-term value-focused private capital funds that invest solely in mining and mining-related companies.

 

Appian is a leading investment advisor in the metals and mining industry, with global experience across South America, North America, Europe, Australia and Africa and a successful track record of supporting companies to achieve their development targets, with a global operating portfolio overseeing nearly 6,300 employees. Appian has a global team of 65 experienced professionals with presences in London, Toronto, Vancouver, Montreal, New York, Lima, Belo Horizonte, Perth, Mexico City and Dubai. The Appian team, through its private capital funds, has a long history of successfully bringing mines through development and into production, having completed 9 mine builds in the last 6 years.

 

For more information, please visit   www.appiancapitaladvisory.com   , or find us on LinkedIn, Instagram and Twitter.

 

  For further information on this news release, visit   www.osiskometals.com   or contact:  

 

Robert Wares, Chairman & CEO of Osisko Metals Incorporated 

 

Email:   info@osiskometals.com   
  www.osiskometals.com   

 

  Cautionary Statement on Forward-Looking Information  

 

  This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance are not statements of historical fact and constitute forward-looking information. This news release may contain forward-looking information pertaining to the closing of the Gaspe Copper Project Definitive Agreement or the Pine Point Project. For Pine Point, statements including, among other things, the results of the 2022 PEA and the IRR, NPV and estimated costs, production, production rate and mine life; the expectation that the Project will be a robust operation and profitable at a variety of prices and assumptions; the ability to identify additional resources and reserves (if any) and exploit such resources and reserves on an economic basis; the expected high quality of the Pine Point concentrates; the potential impact of the Pine Point Project in the Northwest Territories, including but not limited to the potential generation of tax revenue and contribution of jobs; the Pine Point Project having the potential for mineral resource expansion and new discoveries; the timing and ability for the Pine Point Project to reach construction decision (if at all); the estimated costs to take the Pine Point Project to construction decision (if at all); the ability of the Company to realize the anticipated benefits of the Transaction; and the impact to the Company of the disposition of ownership interest and control in the Pine Point Project, which is a material property of the Company. There can be no certainty on the timing, costs and ability for the joint venture parties to take the Pine Point Project to reach a construction decision or pursue planned exploration and development as presently contemplated.  

 

  Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management's experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: favourable equity and debt capital markets; the ability and timing for the parties to fund cash calls to advance the development of the Pine Point Project and pursue planned exploration and development; future prices of zinc and lead; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; operating conditions being favourable; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of equipment; the economic viability of the Pine Point Project; and positive relations with local groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company's public disclosure record on SEDAR (www.sedar.com) under Osisko Metals' issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.  

 

  Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.  

 

 

 

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Developing high-grade base metal assets in Canada to meet future demand

Osisko Metals Announces Completion of Continuance to Ontario

Osisko Metals Announces Completion of Continuance to Ontario

 

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: OB51) announces that, effective June 13, 2025, the Company has been continued from British Columbia ( Business Corporations Act (British Columbia) to Ontario ( Business Corporations Act (Ontario)) (the " Continuance ").

 

The Company adopted new articles and by-laws as part of the Continuance, which replaced the prior articles and by-laws of the Company. The Continuance and the new articles and by-laws of the Company were each approved by shareholders at the Company's annual and special meeting of shareholders held on May 29, 2025. Copies of the certificate of continuance and the new articles and by-laws of the Company will be available on SEDAR+ ( www.sedarplus.ca ) under the Company's issuer profile and on the Company's website at www.osiskometals.com .

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Osisko Metals Intersects 0.33% Cu Over 258 Metres at Gaspé

Osisko Metals Intersects 0.33% Cu Over 258 Metres at Gaspé

 

   Includes 15.6 Metres Averaging 1.47% Cu and 8.5 g/t Ag   

 

   E Zone Skarn Returns 29.7 Metres Averaging 1.92% Cu and 15.2 g/t Ag   

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Osisko Metals Announces Voting Results of Annual and Special Meeting of Shareholders

Osisko Metals Announces Voting Results of Annual and Special Meeting of Shareholders

 

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: OB51) announces the results of its annual and special meeting of shareholders of the Company (the " Meeting ") held earlier today.

 

A total of 290,548,699 common shares of the Company (" Common Shares ") were represented, in person or by proxy, at the Meeting, representing approximately 47.67% of the total issued and outstanding Common Shares as of the record date of the Meeting.

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Osisko Metals Intersects 323 Metres Averaging 0.43% Cu at Gaspé Project

Osisko Metals Intersects 323 Metres Averaging 0.43% Cu at Gaspé Project

Osisko Metals Incorporated (the " Company or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drilling results from the 2025 drilling program at the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. Results for six new holes are reported below, located at the southern end of the deposit defined in the 2024 Mineral Resource Estimate ("MRE", see attached map and November 14, 2024 news release).

 OM Gaspé Copper Project (May 5, 2025) Location of Drill Holes

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Osisko Metals Intersects 300 Metres Averaging 0.39% Copper at Gaspé Copper Project

Osisko Metals Intersects 300 Metres Averaging 0.39% Copper at Gaspé Copper Project

 

Osisko Metals Incorporated (the " Company or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce initial drilling results from the 2025 drilling program at the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec. Results for five holes are reported below, collared at the southern margin of the mineralized deposit as defined in the 2024 Mineral Resource Estimate (MRE, see attached map and November 14, 2024 news release ).

 

  Highlights (see Table 1 below):  

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[VIDEO ENHANCED] Prismo Metals Options Two High-Grade Silver-Gold Mines in the Arizona Copper Belt - Immediate Exploration Planned

[VIDEO ENHANCED] Prismo Metals Options Two High-Grade Silver-Gold Mines in the Arizona Copper Belt - Immediate Exploration Planned

 

(TheNewswire)

 
       
  Prismo Metals Inc. 
                
 

Vancouver, British Columbia, July 3rd, 2025 TheNewswire - Prismo Metals Inc. (the " Company ") (CSE: PRIZ) (OTCQB: PMOMF) is pleased to announce that it has signed option agreements to acquire 100% interest in two historic high-grade precious and base metal mines — the Silver King and Ripsey mines — both located in Arizona's prolific Copper Belt near its flagship Hot Breccia project.

 

Additional information on the Silver King and Ripsey mines as well as Prismo's other projects (Hot Breccia and Palos Verdes) is available on Prismo's Youtube channel at:   

  

 

  Exceptional Grades and Untapped Potential  

 

Discovered in 1875, the Silver King mine is one of Arizona's most important historic producers, yielding nearly 6 million ounces of silver at grades of up to 61 oz/t. Remarkably, selected samples from small-scale production in the late 1990s returned grades as high as 644 oz/t silver (18,250 g/t) and 0.53 oz/t gold (15 g/t), indicating that high-grade mineralization remains. Additionally, the presence of freibergite (AgCuSbS) suggests a potential for antimony, a critical mineral with growing strategic demand.

 

The Ripsey mine, located 20 km west of Hot Breccia, is also an historic gold-silver-copper producer with significant upside. Historic sampling has returned up to 15.85 g/t gold and 276 g/t silver, yet no modern exploration has been conducted.

 

  Strategic Location — World-Class Neighbors  

 

The Silver King mine sits only 3 km from the main shaft of the Resolution Copper project — a joint venture between Rio Tinto and BHP and one of the world's largest unmined copper deposits with an estimated copper resource of 1.787 billion metric tonnes at an average grade of 1.5% copper (1) . This unique land position is fully surrounded by Resolution Copper's claim block, offering strategic upside.

 

"The Silver King and Ripsey mine projects are exciting additions to our Arizona portfolio. We see an opportunity to create near term value through immediate exploration on a historic high-grade silver producer with antimony potential that has seen limited modern exploration by drilling both laterally and at depth into a prospective source formation, said Gordon Aldcorn, President of Prismo. "We look forward to getting our exploration team back in the field, advancing our exciting projects and revitalizing investor interest in the Company."

 

The Silver King mine was discovered in 1875 and produced ore with as much as 10,000 ounces per ton silver in near surface workings (2) . Underground production through 1889 is estimated at almost 6 million ounces of silver at grades of between 61 and 21 ounces per ton. During a second period of production from 1918 to 1928, 230,000 ounces were produced at a grade of 18.7 ounces per ton.  No significant production has occurred after 1928.

 

The orebody at Silver King is a steeply west-dipping pipelike stockwork and breccia zone that was mined on eight levels to about 300 meters depth below a glory hole at the surface. The pipe is described as a dense stockwork with local breccia zones and a quartz core (3) .  Records indicate that due to variations in mineralogy, much of the upper portion of the body was evidently not mined. The current owners (the " Optionor ") rehabilitated the main shaft in the late 1990s, opened the upper levels of the mine and produced a small tonnage. Assay certificates from this period show selected samples with 400 to 600 ounces per ton silver with 0.2-0.5 oz/t gold and some base metals. Virtually no modern exploration has been carried out at the mine providing significant exploration upside and multiple drill targets.

 

The Ripsey mine is a historic gold-silver-copper producer located about 20 km west of the Hot Breccia project. Historic mine workings consisting of tunnels and shafts on several levels were developed along a vein over about 400 meters of strike length and 160 meters vertically. A small tonnage of mineral was produced by the Optionor in the late 1990's. Sampling by Dr. Craig Gibson from the mine workings has yielded 15.9 g/t gold and 275 g/t silver over 0.75 meters and 8.7 g/t gold, 181 g/t silver, 3% copper and 9% zinc over 1 meter. No modern exploration has been carried out at the project, providing significant exploration upside and multiple drill targets.

 

The Company plans to conduct a detailed mapping and sampling program at both projects at surface exposures and in accessible workings.  A drill program is planned for Silver King, with about 1,000 meters initially. The Silver King drill program is designed to test the mineralized body at four elevations as well as lateral to the pipelike body. De-watering of the Silver King shaft to gain access to the upper levels may also be undertaken as submersible pumps are in place.

 

"This is a fabulous opportunity for the Company. Both projects are high-grade and are easily accessible and may be associated with porphyry copper mineralization. We also look forward to evaluating the potential for antimony at Silver King. We're excited to begin exploration immediately to test the Silver King's pipelike mineralized body at multiple depths and laterally," said Dr. Craig Gibson , Chief Exploration Officer. "This region is world-class for porphyry systems and base and precious metals, and we believe these mines have significant untapped potential."

 

    
Click Image To View Full Size
 

 

Location of the Company's projects withing the Arizona Copper Belt

 

    
Click Image To View Full Size
 

 

Land map of the Silver King mine.

 

    
Click Image To View Full Size
 

 

Drone view of the Silver King mine.

 

     

 

The Silver King mine in the late 1800's.

 

    
Click Image To View Full Size
    
Click Image To View Full Size
 

 

Small scale mining in the upper levels of the Silver King mine in the late 1990's.

 

  Deal description  

 

Prismo has the option to acquire a 100% interest in both the Silver King and Ripsey mines. Prismo can earn a 100% interest in the Ripsey mine by issuing one million shares to the Optionor, paying the Optionor US $10,000 within six months of the signing of the option agreement (the " Effective Date "), US $10,000 on each anniversary of the Effective Date and US $1 million to the Optionor within five years of the Effective Date. Prismo does not have minimum work commitments as part of the Ripsey option agreement.

 

Regarding the Silver King mine, Prismo can acquire a 100% interest in three stages. Prismo must issue one million shares to the Optionor, pay the Optionor US $10,000 within six months of the Effective Date, and US $10,000 on each anniversary of the Effective Date. To earn a first 50% interest, Prismo must incur no less than US $500,000 in expenditures on or before the first anniversary of the Effective Date, incur no less than an additional US $2.5 million expenditures on or before the third anniversary of the Effective Date and issue to the Optionor two million shares. Prismo can acquire an additional 30% interest by incurring no less than an additional US $3 million in expenditures, paying the Optionor US $1 million and issuing to the Optionor two million shares before the fifth anniversary of the Effective Date. Prismo can elect to form a joint venture at anytime after earning it initial 50% interest. The option agreement and joint venture agreement terms and conditions contain standard buyout and dilution terms regarding the final 20% interest.

 

  Private Placement  

 

Prismo is also pleased to announce a non-brokered private placement (the " Private Placement ") of five million units of the Company (" Units ") at an issue price of $0.05 per Unit for minimum gross proceeds of $250,000. Each Unit will consist of one common share in the capital of the Company (a " Share ") and one-half of one common share purchase warrant of the Company (each whole warrant, a " Warrant "). Each Warrant will entitle the holder to purchase one Share for a period of twenty-four (24) months from the date of issue at an exercise price of $0.10.

 

The Private Placement will also be made available to existing shareholders of the Company who, as of the close of business on July 1st, 2025, held Shares (and who continue to hold such Shares as of the closing date of the Private Placement), pursuant to the existing securityholder exemption set out in BC Instrument 45-534 – Exemption From Prospectus Requirement for Certain Trades to Existing Security Holders (the " Existing Securityholder Exemption "). The Existing Securityholder Exemption limits a shareholder to a maximum investment of CAD$15,000 in a 12-month period unless the shareholder has obtained advice regarding the suitability of the investment and, if the shareholder is resident in a jurisdiction of Canada, that advice has been obtained from a person that is registered as an investment dealer in the jurisdiction. If the Company receives subscriptions from investors relying on the Existing Securityholder Exemption exceeding the maximum amount of the Private Placement, the Company intends to adjust the subscriptions received on a pro-rata basis.

 

The Units issued pursuant to the Private Placement and the Existing Securityholder Exemption will be subject to a four-month hold period from the closing date of the Private Placement under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.  

 

  The Company intends to use the net proceeds of the Private Placement for general corporate purposes. The Company may pay finder's fees to eligible finders in connection with the Private   Placement, subject to compliance with applicable securities laws and Canadian Securities Exchange policies.  

 

  The securities being offered have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States, or to, or for the account or benefit of, U.S. persons or persons in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.  

 

  Debt Settlements  

 

  Prismo also announces that it has entered into debt settlement agreements (the "   Settlement Agreements   ") with certain creditors of the Company (the "   Creditors   ") pursuant to which the Company agreed to issue to the Creditors, and the Creditors agreed to accept, an aggregate of 160,000  shares of the Company (each, a "   Share   ") in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of $11,000 (the "   Debt Settlement   ").   All securities issued pursuant to the Debt Settlement will be subject to a statutory hold period of four months from the date of issuance, in accordance with applicable policies of the Canadian Securities Exchange.  

 

  Share and Warrants Issuance  

 

  A private company dealing at arms' length with Prismo, its officers and directors, had certain rights into the Silver King and Ripsey mines ("   PrivateCo   "). In consideration for PrivateCo relinquishing its rights in the Silver King and Ripsey mines in favor of the Company, Prismo has agreed, subject to regulatory approval, to issue PrivateCo five million units (the "   Units   "). Each Unit is comprised of one common share (a "   Share   ") and one share purchase warrant (a "   Warrant   "). The Shares will become free trading as to 25% every six months from the Effective Date. Two million of the Warrants will be exercisable at $0.10 ("   First Tranche   ") and three million Warrants will be exercisable at $0.15 ("   Second Tranche   "), all for a period of three years. The shares from the exercise of the Warrants will become free trading as to 25% every six months from the Effective Date. In addition, the exercise of the First Tranche is conditional on Prismo having raised $1.5 million from parties introduced to Prismo by the principals of PrivateCo and the exercise of the Second Tranche is conditional on Prismo having raised $3.0 million from parties introduced to Prismo by the principals of PrivateCo.  

 

  Qualified Person  

 

   Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release. Other than the sampling conducted by Dr. Craig Gibson as indicated herein, the data presented in this press release was obtained from public sources, should be considered incomplete and is not qualified under NI 43-101, but is believed to be accurate. The Company has not verified the historical data presented and it cannot be relied upon, and it is being used solely to aid in exploration plans.   

 

  1)     https://resolutioncopper.com/about-us/    

 

  2)   Galbraith, F, 1935, Geology of the Silver King area, Superior, Arizona, Univ. of Arizona thesis, 153p plus plates.  

 

  3)   Blake, W.P., 1883, Description of the Silver King Mine, Arizona, New Haven, 48p plus plates.  

 

  About Prismo Metals Inc.  

 

  Prismo (CSE: PRIZ) is a mining exploration company focused on advancing its Hot Breccia copper project in Arizona and its Palos Verdes silver project in Mexico.  

 

  Please follow @PrismoMetals on   ,   ,   ,    Instagram    , and  

 

  Prismo Metals Inc. ,   1100 - 1111 Melville St., Vancouver, British Columbia V6E 3V6  

 

  Contact:  

 

  Alain Lambert, Chief Executive Officer    alain.lambert@prismometals.com   

 

  Gordon Aldcorn, President    gordon.aldcorn@prismometals.com   

 

  Cautionary Note Regarding Forward-Looking Information  

 

  This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Hot Breccia.  

 

  These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain appropriate funding to finance the exploration program at Silver King and Ripsey. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the ability to raise capital to fund exploration and the timing of such exploration.  

 

  Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-   looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.  

 

  NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES
 

 

Copyright (c) 2025 TheNewswire - All rights reserved.

 

 

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Bold Ventures Provides Update on Field Work at Burchell Property

Bold Ventures Provides Update on Field Work at Burchell Property

 

Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") is pleased to provide an update on the progress of field work at its Burchell Gold and Copper Property, located approximately 100 km west of Thunder Bay.

 

Prospecting, outcrop mapping and soil sampling were carried out during the months of May and June on a 1 km by 800 m flagged grid centered on the recently discovered 111 Zone, where grab samples returned between 10 ppb gold and 68 g/t gold last December (see news releases dated December 12, 2024 and January 9, 2025). More than 600 rock and soil samples have been submitted for analysis from this first phase of field work, with final results pending.

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Juggernaut Announces Financing Of $1,000,000 From One Strategic Investor

Juggernaut Announces Financing Of $1,000,000 From One Strategic Investor

 

(TheNewswire)

 
        
  Juggernaut Exploration Ltd. 
                   
 

Vancouver, British Columbia July 3 rd 2025 TheNewswire - Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), is pleased to announce a $1,000,000 hard dollar financing from one strategic investor, further confirming the support and excitement of the newly discovered 11 km Highway of Gold surrounding the Eldorado porphyry system on the Big One property. The discovery is in an area of glacial and snowpack abatement next door to the gold-rich porphyry systems at Newmont Mining's Galore Creek. The Big One Property is a discovery previously announced Jan 20 th (Click Link) with assays up to 79.01 gt gold (2.54 ozt gold) and 3157.89 gt silver (101.5 ozt silver) from over 200 gold-silver-copper rich polymetallic veins up to 8 m wide and striking for up to 500 m that all remain open at surface. The Big One Project covers 33,693 hectares in a globally ranked tier 1 jurisdiction with tremendous additional discovery potential in the heart of the Golden Triangle, British Columbia.

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Anteros Returns High-Grade Lead-Zinc-Silver in Surface Samples from the MMZ at its Havens Steady VMS Property, Newfoundland

Anteros Returns High-Grade Lead-Zinc-Silver in Surface Samples from the MMZ at its Havens Steady VMS Property, Newfoundland

 

Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to announce assay results from six grab samples collected at the Main Mineralized Zone ("MMZ") of its wholly-owned, road-accessible Havens Steady VMS Property ("Havens Steady" or the "Property") in central Newfoundland. These samples confirm high-grade lead-zinc-silver mineralization at surface and show associated gold and copper enrichment consistent with a polymetallic volcanogenic massive sulphide ("VMS") system.

 

The grab samples were collected during a recent field visit, focused on confirming the tenor and extent of exposed mineralization within the MMZ. All samples were collected from bedrock outcroppings of gossanous surface material. Surface grab sample highlights are given in Table 1, below.

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