Osisko Metals Gaspé Copper Project Intersects 645 Metres Averaging 0.28% Cu

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new drill results from the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.

Osisko Metals Chief Executive Officer Robert Wares commented: " These new results underscore the overall large-scale potential of mineralization at Gaspé Copper, with drill hole 1082 cutting 853 metres of continuous mineralization, including the bottom 424 metres being located immediately below and outside the 2024 MRE model. Furthermore, drill hole 1088 intersected new mineralization 80 metres southwest of the 2024 MRE model, emphasizing the excellent potential for increasing the size of the known deposit at depth and to the south. "

Significant new analytical results are presented below (see Table 1) and include 35 mineralized intercepts from ten drill holes. Infill intercepts are all located inside the 2024 Mineral Resource Estimate model ("MRE", see November 14, 2024 news release ), and are focused on upgrading inferred mineral resources to measured or indicated categories, as applicable. Expansion intercepts are all located outside the 2024 MRE model and may potentially lead to additional resources that will be classified appropriately within the next MRE update. Some of the reported intercepts have contiguous shallower infill as well as deeper expansion (noted on Table 1 below as "Both**"). Maps showing hole locations are available at www.osiskometals.com .

Osisko Metals Gaspé Copper Drill Intercepts July 22, 2025

Osisko Metals New Gaspé Copper Drill Intercepts (plan view) July 22, 2025

Highlights:

Drill hole 30-1082
- 853.5 metres averaging 0.20% Cu (infill and expansion)
- 147.5 metres averaging 0.19% Cu (infill)
Drill hole 30-1089
- 645.0 metres averaging 0.28% Cu (infill and expansion)
- 91.5 metres averaging 0.21% Cu (infill)
Drill hole 30-1083
- 427.5 metres averaging 0.26% Cu (infill and expansion)
- 153 metres averaging 0.18% Cu (infill)
Drill hole 30-0974
- 351.0 metres averaging 0.20% Cu (expansion)
- 295.5 metres averaging 0.29% Cu (infill)
Drill hole 30-1087
- 334.5 metres averaging 0.23% Cu (infill)
- 74.5 metres averaging 0.62% Cu (expansion)
Drill hole 30-1094
- 227.5 metres averaging 0.26% Cu (infill)
- 49.9 metres averaging 0.24% Cu (expansion)
Drill hole 30-1088
- 122.7 metres averaging 0.24% Cu (expansion)
- 79.5 metres averaging 0.31% Cu (expansion)
Drill hole 30-1091
- 42.6 metres averaging 1.14% Cu (expansion)
- 210 metres averaging 0.21% Cu (infill)

Table 1: Infill and Expansion Drilling Results

DDH No.	From (m)	To (m)	Length (m)	Cu %	Ag g/t	Mo %	CuEq*	Type
30-0974	6.0	301.5	295.5	0.29	1.88		0.30	Infill
And	322.5	673.5	351.0	0.20	1.72	0.017	0.27	Expansion
And	733.5	781.5	48.0	0.32	2.00		0.33	Expansion
30-1082	21.0	69.0	48.0	0.19	1.46		0.20	Infill
And	112.0	259.5	147.5	0.19	1.86		0.20	Infill
And	286.5	1140.0	853.5	0.20	1.43	0.023	0.30	Both**
(including)	286.5	716.0	429.5	0.20	1.52	0.020	0.28	Infill
(including)	716.0	1140.0	424.0	0.21	1.33	0.026	0.32	Expansion
30-1083	65.0	101.0	36.0	0.22	1.78		0.23	Infill
And	138.0	174.0	36.0	0.15	1.66		0.16	Infill
And	202.5	355.5	153.0	0.18	1.56	0.011	0.31	Infill
And	388.5	816.0	427.5	0.26	1.54	0.021	0.35	Both**
(including)	388.5	488.0	99.5	0.31	1.90	0.025	0.42	Infill
(including)	488.0	816.0	328.0	0.24	1.43	0.020	0.32	Expansion
And	846.0	900.0	55.5	0.16	1.34	0.006	0.19	Expansion
30-1087	13.8	54.0	40.2	0.17	1.82		0.18	Infill
And	78.0	412.4	334.5	0.23	1.93	0.011	0.28	Infill
And	447.0	521.5	74.5	0.62	3.19	0.004	0.65	Expansion
And	550.2	598.5	48.3	0.36	2.83	0.013	0.43	Expansion
30-1088	69.0	111.0	42.0	0.32	2.20		0.33	Expansion
And	139.5	262.2	122.7	0.24	2.63		0.25	Expansion
And	445.0	524.3	79.5	0.31	2.19	0.005	0.34	Expansion
30-1089	5.2	96.0	91.5	0.21	1.54		0.22	Infill
And	211.5	235.5	25.5	0.13	1.54	0.006	0.14	Infill
And	268.5	294.0	27.0	0.16	1.54		0.14	Infill
And	319.5	964.5	645.0	0.28	1.46	0.023	0.37	Both**
(including)	319.5	567.8	248.3	0.26	1.65	0.023	0.36	Infill
(including)	567.8	964.5	396.7	0.30	1.34	0.023	0.40	Expansion
30-1091	5.5	28.5	23.0	0.50	6.62		0.54	Infill
And	109.5	135.0	25.5	0.13	1.35		0.14	Infill
And	169.5	379.5	210.0	0.21	2.10		0.22	Infill
And	408.0	446.0	38.0	0.22	1.50	0.013	0.28	Expansion
And	540.4	583.0	42.6	1.14	5.86	0.009	1.20	Expansion
30-1093	14.0	126.0	112.0	0.25	2.73		0.26	Infill
And	346.0	373.5	27.5	0.13	1.19		0.14	Expansion
And	576.5	643.5	67.0	0.20	2.13		0.21	Expansion
And	714.8	738.7	23.9	0.50	4.57		0.53	Expansion
And	811.5	834.4	22.9	0.48	5.40		0.51	Expansion
30-1094	8.0	235.5	227.5	0.26	2.11		0.27	Infill
And	268.5	325.5	57.0	0.13	1.33	0.020	0.21	Infill
And	388.5	414.5	26.0	0.49	3.00	0.008	0.54	Expansion
And	511.1	561.0	49.9	0.24	1.99		0.25	Expansion

* Please see explanatory notes below on copper equivalent values and Quality Assurance / Quality Control.
** "Both" indicates these drill holes have contiguous shallower infill as well as deeper expansion intercepts.

Discussion

Drill hole 30-0974 was an extension of a shallow (300 m) hole drilled in 2019, located near the southwestern margin of the 2024 MRE model. It returned 295.5 metres averaging 0.29% Cu and 1.88 g/t Ag (infill) followed by a second intercept of 351.2 metres averaging 0.20% Cu and 1.72 g/t Ag (expansion) and a third deeper intercept of 48.0 metres averaging 0.32% Cu and 2.00 g/t Ag (expansion), extending mineralization to a vertical depth of 780 metres.

Drill hole 30-1082, located on top of Copper Mountain near the central part of the 2024 MRE model, intersected 48.0 metres averaging 0.19% Cu and 1.46 g/t Ag (infill), followed by a second intercept of 147.5 metres averaging 0.19% Cu and 1.86 g/t Ag (infill), followed by a third deeper intercept of 853.5 metres averaging 0.20% Cu, 1.43 g/t Ag and 0.023% Mo. The latter incudes an expansion lower intercept, below the base of the 2024 MRE model, of 424.0 metres averaging 0.21% Cu, 1.33 g/t Ag and 0.026% Mo. This hole extends mineralization near the centre of the deposit to a vertical depth of 1140 metres.

Drill hole 30-1083, located in the south-central part of the 2024 MRE model, intersected two short 36 metre-long mineralized zones followed by 153.0 metres averaging 0.18% Cu and 1.56 g/t Ag (infill), followed by a deeper intercept of 427.5 metres averaging 0.26% Cu, 1.54 g/t Ag and 0.021% Mo. The latter incudes an expansion lower intercept, below the base of the 2024 MRE model, of 328.0 metres averaging 0.24% Cu, 1.43 g/t Ag and 0.020% Mo. This was followed by a final intercept of 55.5 metres averaging 0.16% Cu and 1.34 g/t Ag. This hole extends mineralization to a vertical depth of 900 metres.

Drill hole 30-1087, located in the south-central part of the 2024 MRE model, intersected a short 40 metre-long mineralized zone followed by 334.5 metres averaging 0.23% Cu, 1.93 g/t Ag and 0.011% Mo (infill). This was followed by 74.5 metres averaging 0.62% Cu and 3.19 g/t Ag and then by another 48.3 metres averaging 0.36% Cu and 2.83 g/t Ag (both expansion), extending mineralization to a vertical depth of 598 metres.

Drill hole 30-1088, located 80 metres outside the southwestern limit of the 2024 MRE model, intersected 42.0 metres averaging 0.32% Cu and 2.20 g/t Ag followed by 122.7 metres averaging 0.24% Cu and 2.63 g/t Ag. A third intersection at depth comprised 79.5 metres averaging 0.31% Cu and 2.19 g/t Ag (all expansion). Previously undocumented mineralization in this sector reached a vertical depth of 524 metres.

Drill hole 30-1089, located in the south-central part of the 2024 MRE model, intersected 91.5 metres averaging 0.21% Cu and 1.54 g/t Ag (infill), followed by two short 26 to 27 metre-long mineralized zones, followed by 645.0 metres averaging 0.28% Cu, 1.46 g/t Ag and 0.023% Mo. The latter incudes an expansion lower intercept, below the base of the 2024 MRE model, of 396.7 metres averaging 0.30% Cu, 1.34 g/t Ag and 0.023% Mo. This hole extends mineralization to a vertical depth of 965 metres.

Drill hole 30-1091, located in the southeastern part of the 2024 MRE model, intersected two short 23 to 26 metre-long mineralized zones, followed by 210.0 metres averaging 0.21% Cu and 2.10 g/t Ag (infill). This was followed by 38.0 metres averaging 0.22% Cu and 1.50 g/t Ag and then by another 42.6 metres averaging 1.14% Cu and 5.86 g/t Ag (both expansion), extending mineralization to a vertical depth of 583 metres where the hole was stopped in an open stope of historical E Zone mining operations.

Drill hole 30-1093, located near the southeastern margin of the 2024 MRE model, intersected 112.0 metres averaging 0.25% Cu and 2.73 g/t Ag (infill), followed by four short 23 to 67 metre-long mineralized zones (all expansion), which extended mineralization to a vertical depth of 834 metres.

Drill hole 30-1094, located near the southern limit of the 2024 MRE model, intersected 227.5 metres averaging 0.26% Cu and 2.11 g/t Ag (infill), followed by 57.0 metres averaging 0.13% Cu and 1.33 g/t Ag (infill), followed by two short 26 to 50 metre-long mineralized zones (both expansion), which extended mineralization to a vertical depth of 561 metres.

Mineralization occurs as disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite and minor bornite and molybdenite. At least five retrograde vein/stockwork mineralizing events have been recognized at Copper Mountain, which overprint earlier prograde skarn and porcellanite-hosted mineralization throughout the Gaspé Copper system. Porcellanite is a historical mining term used to describe bleached, pale green to white potassic-altered hornfels. Subvertical stockwork mineralization dominates at Copper Mountain whereas prograde bedded replacement mineralization, which is mostly stratigraphically controlled, dominates in the area of Needle Mountain, Needle East and Copper Brook. High molybdenum grades (up to 0.5% Mo) were locally obtained in both the C Zone and E Zone skarns away from Copper Mountain.

The 2022 to 2024 Osisko Metals drill programs were focused on defining open-pit resources within the Copper Mountain stockwork mineralization ( see May 6, 2024 MRE press release ). Extending the resource model south of Copper Mountain into the poorly-drilled prograde skarn/porcellanite portion of the system subsequently led to a significantly increased resource, mostly in the Inferred category ( see November 14, 2024 MRE press release ).

The current drill program is designed to convert of the November 2024 MRE to Measured and Indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively. The November 2024 MRE was limited at depth to the base of the L1 skarn horizon (C Zone), and all mineralized intersections below this horizon represent potential depth extensions to the deposit, to be included in the next scheduled MRE update in Q1 2026.

All holes are being drilled sub-vertically into the altered calcareous stratigraphy which dips 20 to 25 degrees to the north. The L1 (C Zone) and the L2 (E Zone) skarn/marble horizons were intersected in most holes, as well as intervening porcellanites that host the bulk of the disseminated copper mineralization.

Table 2: Drill hole locations

DDH No.	Azimuth (°)	Dip (°)	Length (m)	UTM E	UTM N	Elevation
30-0974	42	-88	501.0	316178.9	5425842.2	585.3
30-1082	0	-90	1161.0	316097.0	5426259.0	754.8
30-1083	0	-90	930.0	316300.0	5426004.9	642.3
30-1087	0	-90	770.5	316411.0	5425787.0	583.7
30-1088	0	-90	654.0	316100.0	5425613.0	570.6
30-1089	0	-90	1032.0	316273.8	5426098.5	686.9
30-1091	0	-90	583.0	316500.0	5425897.0	608.1
30-1093	0	-90	849.0	316687.0	5425707.0	577.5
30-1094	0	-90	720.0	316178.9	5425842.2	720.0

Explanatory note regarding copper-equivalent grades

Copper Equivalent grades are expressed for purposes of simplicity and are calculated taking into account: 1) metal grades; 2) estimated long-term prices of metals: US$4.25/lb copper, $20.00/lb molybdenum and US$24/oz silver; 3) estimated recoveries of 92%, 70% and 70% for Cu, Mo and Ag respectively; and 4) net smelter return value of metals as percentage of the price, estimated at 86.5%, 90.7% and 75.0% for Cu, Mo and Ag respectively.

Qualified Person

The scientific and technical content of this news release has been reviewed, prepared, and approved by Mr. Bernard-Olivier Martel, P. Geo. (OGQ 492), an independent "qualified person" as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").

Quality Assurance / Quality Control

Mineralized intervals reported herein are calculated using an average 0.12% CuEq lower cut-off over contiguous 20-metre intersections (shorter intervals as the case may be at the upper and lower limits of reported intervals). Intervals of 20 metres or less are reported unless indicating significantly higher grades . True widths are estimated at 90 – 92% of the reported core length intervals.

Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses, including insertion of blanks and standards in the sample stream. Drill core is drilled in HQ or NQ diameter and securely transported to its core processing facility on site, where it is logged, cut and sampled. Samples selected for assay are sealed and shipped to ALS Canada Ltd.'s preparation facility in Sudbury. Sample preparation details (code PREP-31DH) are available on the ALS Canada website. 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 Cu, Mo and Ag.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec ' s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals' November 14, 2024 news release entitled "Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé 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.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada ' s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals ' June 25, 2024 news release entitled "Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq". The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads.

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

Don Njegovan, President
Email: info@osiskometals.com
Phone: (416) 500-4129

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 (often, but not always, using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "potential", "feasibility", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company's trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.

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: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; 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 mining equipment and positive relations with local communities and 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.sedarplus.ca) 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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept 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.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/0b33977a-2c63-4bf2-9cdb-d5d703b082d3
https://www.globenewswire.com/NewsRoom/AttachmentNg/9434cd6c-7d6f-458a-9439-d1eb4e66a5a1

News Provided by GlobeNewswire via QuoteMedia

Osisko Metals OM:CA TSXV:OM Base Metals Investing

OM:CA

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 .

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

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.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

International Lithium Announces Private Placement

International Lithium Corp. (TSXV: ILC,OTC:ILHMF) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC") is pleased to announce a non-brokered private placement (the "Offering") of up to 66,666,667 common shares at CAD $0.015 per share to raise gross proceeds of up to $1,000,000. The Company may pay finders fees on a portion of the placement.

Proceeds of the private placement will be used partly to allow the Company to invest in growing its Southern African and Canadian operations and partly for general working capital purposes. Payments to persons conducting Investor Relations activities are expected not to exceed 10% of the proceeds.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Strong drilling targets identified next to high-grade gold-copper mine

HIGHLIGHTS:

Cygnus has identified numerous drilling targets near the historic high-grade Cedar Bay mine, which produced 400Koz Au and 61Kt Cu at an average of 4% CuEq, ² within the Chibougamau Project
Targets identified through ongoing review of historical data and drill logs using Cygnus' innovative custom-built AI solution
This highly successful approach has already delivered significant gold and copper results at Golden Eye, which will be included in the imminent resource update
Cedar Bay closed in 1990 when the price of copper was just US$1,150/t (US$0.52/lb) and gold was US$380/oz, and is located less than 3km from Cygnus' central processing plant
Cygnus aims to significantly increase the remaining unmined high-grade resource at Cedar Bay, which currently stands at 130kt at 8.9% CuEq Indicated and 230kt at 8.5% CuEq Inferred ¹
Mineralisation is open in numerous directions, with high-grade intersections outside of the current resource, including: ³
- 3.4m @ 16.8% CuEq (4.8% Cu, 15.2g/t Au & 23.3g/t Ag) (CB-27-9)
- 2.9m @ 9.6% CuEq (8.4% Cu, 1.0g/t Au & 43.0g/t Ag) (CB-27-6)
At Corner Bay, final infill results have been received and will feed into next month's resource update; These include:
- 3.5m @ 4.9% CuEq (4.2% Cu, 0.5g/t Au & 27.3g/t Ag) (CB-25-123)
- 1.8m @ 7.7% CuEq (6.3% Cu, 0.9g/t Au & 45.9g/t Ag) (CB-25-125)

Cygnus Executive Chairman David Southam said : "These latest targets, supported by historical drilling data, are located right next to a high-grade mine, making them compelling.

"Given their potential to help drive resource growth, we are mobilising another rig with the aim of drilling the targets ASAP.

"In the meantime, we are feeding the final results from Corner Bay into our updated resource model, which is set to be released next month. The resource update, combined with a pipeline of targets and multiple rigs turning, ensures we are maximising our ability to create significant shareholder value.

"Uncovering these new growth targets through our compilation strategy adds further weight to the work we are doing in the background which has already delivered success at Golden Eye in a mere six months of taking ownership. The Chibougamau camp has successfully produced a significant amount of high-grade gold and copper over a long history with multiple mines that have not been geologically or economically examined in over 35 years".

Cygnus Metals Limited (ASX: CY5; TSXV: CYG; OTCQB: CYGGF) ("Cygnus" or the "Company") is pleased to announce new promising targets next to an historic high-grade mine within its Chibougamau Copper-Gold Project in Quebec.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Vertex Minerals Limited Underground Production Commences at the Reward Gold Mine Project

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) (OTCMKTS:VTXXF) commences underground production at the Reward Gold Mine, moving to high grade gold production.

Operational Milestones

- First blasting of gold producing ore on the Lady Belmore Reef was undertaken over the weekend.

- The material will start complementing the low-grade gold stockpile feed to the Gravity Processing Plant, until all mining fronts are enabled.

- In forthcoming weeks, VTX remains firmly on track to commence processing of high-grade stope ore from the underground mine.

- The Reward Underground 11kva to 1000v Transformer Substation is installed and powered up. Cabling to the Primary Fan is completed.

- Access Drives to the two Starter Stopes are being cleaned, ready for the Production Rig to commence drilling the High-Grade Stopes.

- Decline 3 developed on the Mica Vein is fully dewatered, ready to be flatback mined for providing further gold feed to the Gravity Plant.

- Vertex aims to have developed at least 4 mining fronts and maintain continuous feed to the plant, which will involve various mining methods.

- Mining the Reward Gold Mine - Resource 225kozs at 16.7g/t

As previously announced, the startup mine schedule includes mining 2,075 tonnes at 17.8 g/t Au from a developed airleg stope block. The planned stope width is the same as the interpretation of the mineralisation. Refer to VTX ASX announcement 4th June 2025

Given the stope will take some time to extract, additionally, the Vertex Geology and Mining Team have brought forward a very high-grade long hole stope to commence mining in August 2025. The high-grade long hole stope isto be mined with a long hole stope method, using the Epiroc Production Rig.

*To view photographs, please visit:
https://abnnewswire.net/lnk/2U10401V

About Vertex Minerals Limited:

Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

Source:
Vertex Minerals Limited

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less

Prismo Metals Announces Closing of Oversubscribed Private Placement

(TheNewswire)

Vancouver, British Columbia, August 8th, 2025 TheNewswire Prismo Metals Inc. (" Prismo " or the " Company ") (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that further to its news releases dated July 3, 2025, July 18, 2025 and July 31, 2025, the Company has proceeded with an upsized closing of its previously announced non-brokered private placement (the "Private Placement" ) of units of the Company (" Units ") at an issue price of $0.06 per Unit (the " Third Closing "). The closing was increased from 6,000,000 Units to the issuance of 6,425,000 Units for gross proceeds of $385,500.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less

DDH No.	From (m)	To (m)	Width (m)	Cu %	Ag g/t	Mo %	CuEq*	Type
30-1077	129.0	201.0	72.0	0.22	2.71		0.24	Infill
And	291.0	313.5	22.5	0.23	2.62	0.009	0.28	Infill
And	384.0	399.0	15.0	0.52	3.73		0.55	Infill
And	428.5	450.7	22.2	0.30	2.33	0.006	0.34	Infill
And	481.5	553.5	72.0	0.19	1.41	0.013	0.25	Expansion
And	603.8	777.0	173.2	0.27	1.49	0.035	0.42	Expansion
30-1078	6.0	262.5	256.5	0.25	1.79	0.008	0.29	Infill
And	307.5	688.5	381.0	0.22	1.69	0.022	0.32	Expansion
30-1079	22.5	342.0	319.5	0.28	2.14	0.008	0.32	Infill
And	456.0	636.0	180.0	0.37	2.54	0.007	0.41	Expansion
*(Including)*	*480.7*	*481.8*	*1.1*	*8.66*	*35.2*		8.84	Expansion
30-1080	15.0	535.5	520.5	0.23	1.02	0.013	0.29	Infill
And	774.0	969.0	195.0	0.26	1.28	0.030	0.39	Expansion
30-1081	42.0	71.0	29.0	0.16	1.79		0.18	Infill
And	94.0	395.8	301.8	0.41	3.36	0.006	0.45	Infill
*(Including)*	*322.3*	*330.0*	*7.7*	*1.99*	*14.58*		2.08	Infill
And	445.5	490.0	44.5	0.23	1.32		0.28	Expansion
30-1084	5.6	477.0	471.4	0.25	1.95	0.009	0.30	Infill
And	522.6	578.0	55.4	0.33	2.64	0.041	0.51	Expansion
And	616.8	706.5	89.7	0.29	1.93	0.012	0.35	Expansion
30-1086	14.1	166.5	152.4	0.18	0.73		0.19	Infill
And	219.0	250.5	31.5	0.22	1.13		0.23	Infill
And	433.1	466.5	33.4	0.25	1.12		0.26	Infill
And	888.5	949.5	61.0	0.23	0.98	0.009	0.27	Expansion
30-1090	15.0	294.0	279.0	0.49	3.35		0.51	Expansion
*(Including)*	*66.0*	*72.0*	*6.0*	*3.34*	*14.42*	*0.019*	3.49	Expansion
*(Including)*	*164.0*	*172.7*	*8.7*	*2.24*	*9.78*		2.29	Expansion
And	331.5	357.0	25.5	0.24	1.96		0.26	Expansion
And	417.0	525.0	108.0	0.84	7.79		0.89	Expansion
*(Including)*	433.4	445.3	11.9	3.00	30.46		3.20	Expansion

DDH No.	Azimuth (°)	Dip (°)	Length (m)	UTM E	UTM N	Elevation
30-1077	0	-90	879	316400	5425987.8	637.7
30-1078	0	-90	837	316300	5425903	608.4
30-1079	0	-90	780	316298	5425814	584.3
30-1080	0	-90	976	315500	5426425	580.0
30-1081	0	-90	490	316505	5425800	584.9
30-1084	0	-90	816	316397	5425889	606.9
30-1086	0	-90	978	315500	5426320	580.0
30-1090	0	-90	675	316477	5425532	565.7

DDH No.	From (m)	To (m)	Width (m)	Cu %	Ag g/t	Mo %
30-1068	58.5	247.5	189.0	0.30	2.62
And	327.5	376.5	49.0	0.69	5.65
And	450.0	484.5	34.5	0.16	1.03
And	555.8	591.0	35.2	0.29	1.95
30-1070	45.0	205.5	160.5	0.16	1.92
And	345.9	369.0	23.1	0.25	2.09	0.005
And	412.7	535.5	122.8	0.62	4.86	0.011
(Including)	415.5	441.1	25.6	2.19	16.86	0.006
And	599.0	628.7	29.7	1.92	15.21
30-1071	7.0	61.0	54.0	0.51	5.21
30-1072	19.0	45.2	26.2	0.17	1.69
And	374.1	396.0	21.9	0.42	3.79	0.018
And	456.0	504.0	48.0	0.39	2.99	0.005
30-1074	127.0	176.5	49.5	0.22	2.51
And	304.5	327.0	22.5	0.27	1.66
And	369.0	396.0	27.0	0.21	1.79	0.047
And	435.0	553.5	118.5	0.26	1.92	0.017
And	629.9	797.1	167.2	0.22	1.60	0.007
30-1075	15.0	273.0	258.0	0.33	2.95
(Including)	236.4	252.0	15.6	1.47	8.48
And	354.7	399.0	44.3	0.23	2.00
And	433.5	529.5	96.0	0.54	3.34
30-1076	12.0	220.4	208.4	0.40	2.61
(Including)	193.0	205.0	12.0	1.91	9.61
And	244.2	315.0	70.8	0.25	2.15
And	396.0	420.0	24.0	0.26	1.86
And	498.6	547.5	48.9	0.34	2.78

DDH No.	From	To	Width	Cu	Ag	Mo
DDH No.	(m)	(m)	(m)	%	g/t	%
30-1061	12.0	184.5	172.5	0.18	1.52
And	228.0	274.5	46.5	0.35	2.05
And	327.0	358.5	31.5	0.25	1.93
And	497.0	712.5	215.5	0.31	2.67
30-1062	19.0	72.0	53.0	0.19	2.18
And	96.0	128.5	32.5	0.15	1.62
And	282.0	307.0	25.0	0.19	1.62
30-1064	36.0	200.7	164.7	0.26	1.94
And	235.5	376.5	141.0	0.26	2.20
And	497.7	505.3	7.6	1.04	9.29	0.133
And	546.9	618.0	71.1	0.37	2.58
30-1065*	12.0	335.0	323.0	0.43	3.18
(Including)	205.8	216.9	11.1	1.54	12.5
(Including)	260.0	273.3	13.3	2.50	17.8
And	520.5	555.0	34.5	0.35	2.61
30-1066	573.0	604.5	31.5	0.41	4.37
30-1067*	15.0	151.8	136.8	0.32	3.18

Name	Metal	Location	Stage	Area in Hectares	Current Ownership Percentage	Future Ownership % if options exercised and/or residual interest	Operator or JV Partner
Raleigh Lake	Lithium Rubidium	Ontario	Dec 2023 : PEA for Li completed Apr 2023 Maiden Resource Estimates for Li and Rb	32,900	100%	100%	ILC
Firesteel	Copper Cobalt	Ontario	Aeromagnetics and Drilling started mid 2024	6,600	90%	90%	ILC
Wolf Ridge	Lithium	Ontario	Pre-Drilling	5,700	0%	100%	ILC
Mavis Lake	Lithium	Ontario	May 2023 Maiden Resource Estimate	2,600	0%	0% (carries an extra earn-in payment of AUD$ 0.75 million if resource targets met)	Critical Resources Ltd
Avalonia	Lithium	Ireland	Drilling	29,200	0%	0% 2.0% Net Smelter Royalty	GFL Intl Co Ltd (owned by Ganfeng Lithium Group Co.Ltd)
Forgan/ Lucky Lakes	Lithium	Ontario	Drilling		0%	0% 1.5% Net Smelter Royalty	Power Minerals Ltd

This announcement has been authorised for release by the Board of Directors of Cygnus.

David Southam	Ernest Mast	Media:
Executive Chair	President & Managing Director	Paul Armstrong
T: +61 8 6118 1627	T: +1 647 921 0501	Read Corporate
E: info@cygnusmetals.com	E: info@cygnusmetals.com	T: +61 8 9388 1474

HOLEID	X	Y	Z	Azi	Dip	Depth	From (m)	To (m)	Interval (m)	Cu (%)	Au (g/t)	Ag (g/t)	CuEq (%)
CB-25-123	554619	5510023	394.0	96.5	-60	574.0	559.0	560.8	1.8	6.3	0.9	45.9	7.4
CB-25-124	554619	5510023	394.0	92.0	-66	679.0	667.1	669.8	2.6	1.5	0.1	6.8	1.6
CB-25-125	554619	5510023	394.0	84.0	-64	643.5	594.0	598.5	4.5	3.4	0.4	22.1	3.9
CB-25-127	555071	5509889	402.8	90.0	-60	300.0	267.1	269.4	2.3	2.7	0.5	10.4	3.2

Deposit	Category	Tonnes (k)	Cu Grade (%)	Au Grade (g/t)	Cu Metal (kt)	Au Metal (koz)	CuEq Grade (%)
Corner Bay (2022)	Indicated	2,700	2.7	0.3	71	22	2.9
Corner Bay (2022)	Inferred	5,900	3.4	0.3	201	51	3.6
Devlin (2022)	Measured	120	2.7	0.3	3	1	2.9
	Indicated	660	2.1	0.2	14	4	2.3
	Measured & Indicated	780	2.2	0.2	17	5	2.4
	Inferred	480	1.8	0.2	9	3	2.0
Joe Mann (2022)	Inferred	610	0.2	6.8	1	133	5.5
Cedar Bay (2018)	Indicated	130	1.6	9.4	2	39	8.9
Cedar Bay (2018)	Inferred	230	2.1	8.3	5	61	8.5
Total	Measured & Indicated	3,600	2.5	0.6	90	66	3.0
Total	Inferred	7,200	3.0	1.1	216	248	3.8

Criteria	JORC Code explanation	Commentary
Sampling techniques	Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.	All drilling conducted by Cygnus Metals at the Chibougamau Project was completed under the supervision of a registered professional geologist as a Qualified Person (QP) who is responsible and accountable for the planning, execution, and supervision of all exploration activity as well as the implementation of quality assurance programs and reporting. All Cygnus drilling reported is NQ size (47.8 mm diameter).
	Include reference to measures taken to ensure sample representativity and the appropriate calibration of any measurement tools or systems used.	All sample collection, core logging, and specific gravity determinations were completed by Cygnus Metals under the supervision of a professionally qualified registered geologist. NQ core was marked for splitting during logging and is sawn using a diamond core saw with a mounted jig to assure the core is cut lengthwise into equal halves. Half of the cut core is placed in clean individual plastic bags with the appropriate sample tag. QA/QC is done in-house by Cygnus Metals geologists with oversight from the Senior Geologist. The check samples (blanks and standards – 4% of total samples with another 2% of core duplicates taken on half split core) that were inserted into the sample batches are verified against their certified values and are deemed a pass if they are within 3 standard deviations of the certified value. The duplicates are evaluated against each other to determine mineralization distribution (nugget). If there are large discrepancies in the check samples, then the entire batch is requested to be re-assayed. The samples are then placed in bags for shipment to the offsite laboratory's facility. The remaining half of the core is retained and incorporated into Cygnus's secure, core library located on the property.
	Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard' work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.	Industry standard sampling practices were used with sample lengths ranging from 0.3 m to 1.0 m and respected geological contacts. Sample tags were placed at the beginning of each sample interval and the tag numbers were recorded in a centralised database. Sampling practice is considered to be appropriate to the geology and style of mineralisation.
Drilling techniques	Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).	Diamond core was drilled using surface diamond rigs with industry recognised contractors Miikan Drilling. Miikan is a joint venture between Chibougamau Diamond Drilling Ltd., the First Nations community of Ouje-Bougoumou and the First Nations community of Mistissini both located in the Eeyou Istchee territory. Drilling was conducted using NQ core size. Directional surveys have been taken at 50m intervals.
Drill sample recovery	Method of recording and assessing core and chip sample recoveries and results assessed. Measures taken to maximise sample recovery and ensure representative nature of the samples. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	Diamond core recovery was measured for each run and calculated as a percentage of the drilled interval. Overall, the core recoveries are excellent in the Chibougamau area. As a result, no bias exists.
Logging	Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.	All core was geologically and geotechnically logged. Lithology, veining, alteration and mineralisation are recorded in multiple tables of the drillhole database.
	Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.	Geological logging of core is qualitative and descriptive in nature.
	The total length and percentage of the relevant intersections logged.	100% of the core has been logged.
Sub- sampling techniques and sample preparation	If core, whether cut or sawn and whether quarter, half or all core taken. If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. For all sample types, the nature, quality and appropriateness of the sample preparation technique. Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. Whether sample sizes are appropriate to the grain size of the material being sampled.	The NQ diameter the core was sawn in half following a sample cutting line determined by geologists during logging and submitted for analysis on nominal 1m intervals or defined by geological boundaries determined by the logging geologist. Each core sample is assigned a tag with a unique identifying number. Sample lengths are typically one metre but can be depending on zone mineralogy and boundaries. This sampling technique is industry standard and deemed appropriate. Sample sizes are considered appropriate to grain size of the materials being sampled.
Quality of assay data and laboratory tests	The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.	Sample (NQ size half core) preparation and fire assay analysis were done at Bureau Veritas Commodities Canada Ltd ("BV") in Timmins, Ontario, and ICP-ES multi-elements analysis was done at BV in Vancouver, B.C. Samples were weighed, dried, crushed to 70% passing 2 mm, split to 250 g, and pulverized to 85% passing 75 µm. Samples are fire assayed for gold (Au) (50 g) and multi-acid digestion ICP-ES finish, for 23 elements (including key elements Ag, Cu, Mo). Samples with visible gold or likely to have gold grains are analysed with metallic screen fire assay. Samples assaying >10.0 g/t Au are re-analysed with a gravimetric finish using a 50 g charge. Samples assaying >10% Cu are re-analysed with a sodium peroxide fusion with ICP-ES analysis using a 0.25 g charge.
	For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.	None used.
	Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	At Bureau Veritas, laboratory QC procedures involve the use of internal certified reference material as assay standards, along with blanks, duplicates and replicates.
Verification of sampling and assaying	The verification of significant intersections by either independent or alternative company personnel.	Verification of sampling was made by Cygnus Metals and other professional consultant geologists.
	The use of twinned holes.	No hole is twinned.
	Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.	All logging data was completed, core marked up, logging and sampling data was entered directly into the database. The logged data is stored on the site server directly.
	Discuss any adjustment to assay data.	There was no adjustment to the assay data.
Location of data points	Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.	The location of the drill holes and the aiming points for the orientation of the drill holes were indicated on the ground using identified stakes. The stakes marking the location of the drillholes were set up and located with a Garmin GPS model "GPSmap 62s" (4m accuracy). Surveys are collected using a Reflex EZ-Shot® single-shot electronic instrument with readings collected at intervals of approximately every 30 m downhole plus a reading at the bottom of the hole.
	Specification of the grid system used.	The grid system used is UTM NAD83 (Zone 18).
	Quality and adequacy of topographic control.	A Digital Terrane Model (DTM) has been used to accurately plot the vertical position of the holes, which is considered to provide an adequate level of topographic control.
Data spacing and distribution	Data spacing for reporting of Exploration Results.	The drill spacing for recent drilling is considered appropriate for this type of exploration.
	Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.	No resource estimation is made.
	Whether sample compositing has been applied.	No sample compositing has been applied.
Orientation of data in relation to geological structure	Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.	Recent drilling is orientated approximately at right angles to the currently interpreted strike of the known interpreted mineralisation.
Orientation of data in relation to geological structure	If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	No bias is considered to have been introduced by the existing sampling orientation.
Sample security	The measures taken to ensure sample security.	Core was placed in wooden core boxes close to the drill rig by the drilling contractor. The core was collected daily by the drilling contractor and delivered to the secure core logging facility. Access to the core logging facility is limited to Cygnus employees or designates.
Audits or reviews	The results of any audits or reviews of sampling techniques and data.	No audits or reviews of sampling techniques or data have been undertaken, therefore information on audits or reviews is not yet available.

Presentation	Ticker(s)
Surge Copper. Corp	(OTCQB: SRGXF \| TSXV: SURG)
ReGen III Corp.	(OTCQB: ISRJF \| TSXV: GIII)
Silver47 Exploration Corp.	(OTCQB: AAGAF \| TSXV: AGA,OTC:AAGAF)
Nature's Miracle Holding Inc.	(OTCQB: NMHI)
Zero Candida Technologies Inc.	(OTCQB: ZCTFF \| TSXV: ZCT)
NextGen Digital Platforms Inc.	(OTCQB: NXTDF \| CSE: NXT)
Telo Genomics Corp.	(OTCQB: TDSGF \| TSXV: TELO)
Zomedica Corp.	(OTCQB: ZOMDF)
Metaguest.AI Incorporated	(OTCQB: MGSTF \| CSE: METG)
Waste Energy Corp.	(OTCQB: WAST)
CleanGo Innovations Inc.	(OTCQB: CLGOF \| CSE: CGII)
Sekur Private Data Ltd.	(OTCQB: SWISF \| CSE: SKUR)
CyberCatch Holdings, Inc.	(OTCQB: CYBHF \| TSXV: CYBE)

Osisko Metals Gaspé Copper Project Intersects 645 Metres Averaging 0.28% Cu

Osisko Metals Investor Kit

GET YOUR FREE INVESTOR KIT

Investor Insight

Overview

Company Highlights

Key Projects

Gaspé Copper Project

Project Highlights:

Pine Point Zinc-Lead Project

Project Highlights:

Management Team

Robert Wares – Chief Executive Officer

John Burzynski – Executive Chairman

Don Njegovan – President

Blair Zaritsky – Chief Financial Officer

Amanda Johnston – Vice-president, Finance

Alexandria Marcotte – Vice-president, Exploration

Lili Mance – Vice-president & Corporate Secretary

Ann Lamontagne – Vice-president, Environment & Sustainable Development

Killian Charles – Strategic Advisor

Luc Lessard – Technical Advisor

Latest News

Osisko Metals Investor Kit

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

TOP STOCKS