March 01, 2023
Osisko Metals (TSXV:OM)) focuses on two base metal assets in Canada as the demand for base metals is expected to continue to increase. The company's Gaspé Copper and Pine Point projects target copper and zinc, both critical minerals necessary for the global transition to clean energy. Both company assets are past-producing, brownfield assets that provide significant potential for future production.
The Gaspé Copper project in Quebec has a rapid development plan to begin mining the inferred 456 million tonnes of ore at 0.31 percent sulfide copper. As the gap between available copper supply and growing demand widens, Osisko Metals is well-positioned to help create and strengthen a domestic supply chain for the North American market.
The Pine Point Zinc-Lead project in the Northwest Territories, on the other hand, contains a mineral resource estimate of 15.8 million tonnes at 4.2 percent zinc and 1.5 percent lead, in addition to significant inferred resources.
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