Month: December 2021
OSISKO ANNOUNCES TSX APPROVAL TO RENEW NORMAL COURSE ISSUER BID
(Toronto, December 30, 2021) Osisko Mining Inc. (TSX:OSK) (the “Corporation” or “Osisko“) today announces that the Toronto Stock Exchange (the “TSX”) has approved the Corporation’s notice of intention to make a normal course issuer bid (the “NCIB Program”). Under the terms of the NCIB Program, Osisko may acquire up to 28,678,891 of its common shares (“Common Shares”) from time to time in accordance with the normal course issuer bid procedures of the TSX.
The normal course issuer bid will be conducted through the facilities of the TSX or alternative trading systems, if eligible, and will conform to their regulations. Purchases under the normal course issuer bid will be made by means of open market transactions or such other means as a securities regulatory authority may permit, including pre-arranged crosses, exempt offers and private agreements under an issuer bid exemption order issued by a securities regulatory authority.
Repurchases under the NCIB Program may commence on January 2, 2022 and will terminate on January 1, 2023 or on such earlier date as the NCIB Program is complete. Daily purchases will be limited to 138,745 Common Shares, other than block purchase exemptions, representing 25% of the average daily trading volume of the Common Shares on the TSX for the six-month period ending November 30, 2021, being 554,981 Common Shares.
The price that the Corporation may pay for any Common Shares purchased in the open market under the NCIB Program will be the prevailing market price at the time of purchase (plus any brokerage fees) and any Common Shares purchased by the Corporation will be cancelled. In the event that the Corporation purchases Common Shares by pre-arranged crosses, exempt offers, block purchases or private agreements, the purchase price of the Common Shares may be, and will be in the case of purchases by private agreements, as may be permitted by the securities regulatory authority, at a discount to the market price of the Common Shares at the time of acquisition.
The board of directors of Osisko believes that the underlying value of the Corporation may not be reflected in the market price of the Common Shares from time to time and that, accordingly, the purchase of Common Shares will increase the proportionate interest in the Corporation of, and be advantageous to, all remaining shareholders of the Corporation.
As of December 20, 2021, there were 346,279,008 Common Shares issued and outstanding. The 28,678,891 Common Shares that may be repurchased under the NCIB Program represent approximately 10% of the public float of the Corporation as of December 20, 2021, being 286,788,917 Common Shares.
During the prior NCIB Program of the Corporation, which will end on January 1, 2022, the Corporation obtained approval to purchase 28,304,260 Common Shares, and actually purchased 12,892,600 Common Shares at a weighted average price of approximately $3.2076 per Common Share through the facilities of the TSX.
Osisko has appointed BMO Nesbitt Burns Inc. to make any purchases under the NCIB Program on its behalf.
About Osisko Mining Inc.
Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding the Urban Barry area and nearby Quévillon area (over 2,600 square kilometres).
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking statements. These forward-looking statements, by their nature, require the Corporation to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Words such as “may”, “will”, “would”, “could”, “expect”, “believe”, “plan”, “anticipate”, “intend”, “estimate”, “continue”, or the negative or comparable terminology, as well as terms usually used in the future and the conditional, are intended to identify forward-looking statements including the fact that the Corporation “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential”, “scheduled” and similar expressions or variations (including negative variations), or that events or conditions “will”, “would”, “may”, “could” or “should” occur including, without limitation, statements about the board of directors of Osisko’s belief that the NCIB Program is advantageous to shareholders and that underlying value of the Corporation may not be reflected in the market price of the Common Shares, the Corporation’s intentions regarding the NCIB Program and whether the Corporation will receive the requisite acceptance of the TSX in respect of the NCIB Program. Although Osisko believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements involve known and unknown risks, uncertainties and other factors and are not guarantees of future performance and actual results may accordingly differ materially from those in forward looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include, without limitation: fluctuations in the prices of the commodities; fluctuations in the value of the Canadian dollar relative to the U.S. dollar; regulatory changes by national and local government, including corporate law, permitting and licensing regimes and taxation policies; continued availability of capital and financing and general economic, market or business conditions; business opportunities that become available to, or are pursued by Osisko; other uninsured risks. The forward looking statements contained in this news release are based upon assumptions management believes to be reasonable, including, without limitation: the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management’s geological modelling; the ability of Osisko to complete further exploration activities, including drilling; property interests in the Windfall gold project; the ability of the Corporation to obtain required approvals and complete transactions on terms announced; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions. Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information, Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
For further information on Osisko please contact:
John Burzynski
Chairman & Chief Executive Officer
Telephone: (416) 363-8653
OSISKO RECAPS WINDFALL DRILL PROGRAM RESULTS WITH TOP 21 INTERCEPTS OF 2021
(Toronto, December 21, 2021) Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide a recap of the 2021 drill program and the top 21 intercepts of the year from its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
The 2021 drill program at Windfall included over 360,000 metres in over 900 drill holes from surface and underground. The drilling focused on infill and expansion of the mineralized zones defined in the February 2021 mineral resource estimate (see Osisko news release dated February 17, 2021) with the objectives of converting inferred resources into the measured and indicated categories in support of the upcoming feasibility study, expanding known zones, and defining new zones.
This year’s top intercepts demonstrate once again the high-grade nature of the Lynx zones, with some of the best intervals of the project. However, Caribou zone ranks first overall this year with 3,979 g/t Au over 2.3 metres. The table below presents the “Top 21 intercepts” from this year’s drill program based on metal factor (grade*length). Location map: Long Section EN top21_2021.pdf
WINDFALL 2021 TOP 21 INTERCEPTS BY METAL FACTOR
| Rank | Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) uncut | g*metres uncut | Zone |
| 1 | OSK-W-21-2565 | 535.8 | 538.1 | 2.3 | 3979 | 9153 | Caribou |
| 2 | OSK-W-21-2287-W1 | 1209.9 | 1212.4 | 2.5 | 2181 | 5452 | LX4_3449 |
| 3 | OSK-W-21-1432-W6 | 970.9 | 976.2 | 5.3 | 632 | 3347 | LX4_3430 |
| 4 | OSK-W-21-2287-W6 | 1259.2 | 1269.7 | 10.5 | 319 | 3346 | LX4_3449 |
| 5 | OSK-W-21-2549 | 421.1 | 423.8 | 2.7 | 1096 | 2960 | Caribou |
| 6 | WST-21-0668 | 36.5 | 38.7 | 2.2 | 877 | 1930 | Bobcat_2350 |
| 7 | WST-20-0613 | 237.8 | 240.3 | 2.5 | 696 | 1740 | TLX_3161 |
| 8 | OSK-W-21-2587 | 1098.4 | 1101.1 | 2.7 | 576 | 1554 | TLX_3170 |
| 9 | OSK-W-21-1432-W11 | 929.3 | 938.1 | 8.8 | 163 | 1438 | Lynx 4 |
| 10 | OSK-W-21-2369-W3 | 672.8 | 676.3 | 3.5 | 369 | 1293 | LXM_3304 |
| 11 | WST-21-0814 | 83.1 | 87.5 | 4.4 | 293 | 1291 | Z27_1101 |
| 12 | WST-21-0833 | 278.0 | 280.4 | 2.4 | 512 | 1229 | LHW_3201 |
| 13 | OSK-W-20-2256-W7 | 881.0 | 891.5 | 10.5 | 108 | 1133 | TLX_3161 |
| 14 | WST-20-0632 | 123.8 | 125.9 | 2.1 | 507 | 1066 | LXM_3334 |
| 15 | OSK-W-21-2287-W1 | 1215.0 | 1217.2 | 2.2 | 403 | 887 | LX4_3449 |
| 16 | OSK-W-20-2252-W7 | 900.0 | 909.7 | 9.7 | 90.5 | 878 | TLX_3161 |
| 17 | OSK-W-20-1432-W2 | 959.5 | 962.0 | 2.5 | 342 | 855 | Lynx_3437 |
| 18 | WST-21-0823 | 165.2 | 167.4 | 2.2 | 388 | 854 | LXM_3304 |
| 19 | WST-21-0828 | 520.0 | 526.3 | 6.3 | 135 | 849 | LX4_3440 |
| 20 | OSK-W-21-2492-W2 | 783.6 | 785.7 | 2.1 | 385 | 808 | LX4_3414 |
| 21 | OSK-W-20-2313-W2 | 645.8 | 648.0 | 2.2 | 344 | 756 | TLX_3196 |
Qualified Person
The scientific and technical content of this news release has been reviewed, prepared and approved by Mr. Louis Grenier, M.Sc.A., P.Geo. (OGQ 800), Director of Exploration for Osisko’s Windfall gold project, who is a “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
Quality Control and Reporting Protocols
True width determination is estimated at 55-80% of the reported core length interval for the zone. Assays are uncut except where indicated. Intercepts occur within geological confines of major zones but have not been correlated to individual vein domains at this time. Reported intervals include minimum weighted averages of 3.5 g/t Au diluted over core lengths of at least 2.0 metres. NQ core assays were obtained by either 1-kilogram screen fire assay or standard 50-gram fire-assaying-AA finish or gravimetric finish at (i) ALS Laboratories in Val d’Or, Québec, Vancouver, British Colombia, Lima, Peru or Vientiane, Laos (ii) Bureau Veritas in Timmins, Ontario. The 1-kilogram screen assay method is selected by the geologist when samples contain coarse gold or present a higher percentage of pyrite than surrounding intervals. Selected samples are also analyzed for multi-elements, including silver, using a Four Acid Digestion-ICP-MS method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control (“QA/QC”) and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples for QA/QC purposes by the Corporation as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assay.
About the Windfall Gold Deposit
The Windfall gold deposit is located between Val-d’Or and Chibougamau in the Abitibi region of Québec, Canada. The Mineral Resource Estimate (“MRE“) defined by Osisko, as disclosed in the news release dated February 17, 2021 is supported by the technical report entitled “Preliminary Economic Assessment Update for the Windfall Project” dated April 26, 2021 (that includes Windfall Mineral Resource Estimate with an effective date of November 30, 2020), and assuming a cut-off grade of 3.50 g/t Au, comprises 521,000 tonnes at 11.3 g/t Au (189,000 ounces) in the measured mineral resource category, 5,502,000 tonnes at 9.4 g/t Au (1,668,000 ounces) in the indicated mineral resource category and 16,401,000 tonnes at 8.0 g/t Au (4,244,000 ounces) in the inferred mineral resource category. The key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in the February 17, 2021 news release are further described in the full technical report prepared by BBA Inc. in accordance with NI 43-101 and is available on SEDAR (www.sedar.com) under the Corporation’s issuer profile. The Windfall gold deposit is currently one of the highest-grade resource-stage gold projects in Canada and has world-class scale. Mineralization occurs in three principal zones: Lynx, Main Zone, and Underdog. Mineralization is generally comprised of sub-vertical zones following intrusive porphyry contacts plunging to the northeast. The resources are defined from surface to a depth of 1,600 metres as it now includes the Triple 8 (T8) zone. The resources excluding T8 are defined from surface to a depth of 1,200 metres. The deposit remains open along strike and at depth. Mineralization has been identified at surface in some areas and as deep as 2,625 metres in others with significant potential to extend mineralization down-plunge and at depth.
About Osisko Mining Inc.
Osisko is a mineral exploration company focused on the acquisition, exploration, and development of gold resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry area and nearby Quévillon area (over 2,600 square kilometres).
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations 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 to 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 the forward-looking information pertaining to, among other things: the Windfall gold deposit being one of the highest-grade resource-stage gold projects in Canada and having world-class scale; the key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in this news release; the prospects, if any, of the Windfall gold deposit; timing and ability of Osisko to file a technical report for the mineral resource estimate disclosed in this news release; the timing and ability of Osisko, if at all, to publish a feasibility study for the Windfall gold deposit; the amount and type of drilling to be completed and the timing to complete such drilling; the focus of the remaining infill drilling; the trend of grade increase; the Lynx zone remaining open to expansion down plunge; upgrading a inferred mineral resource to a measured mineral resource or indicated mineral resource category; future drilling at the Windfall gold deposit; the significance of historic exploration activities and results. Such factors include, among others, risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management’s geological modelling; the ability of Osisko to complete further exploration activities, including (infill) drilling; property and royalty interests in the Windfall gold deposit; the ability of the Corporation to obtain required approvals; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
CONTACT INFORMATION:
John Burzynski
Chief Executive Officer
Telephone (416) 363-8653
EARLY WARNING REPORT FOR OSISKO MINING INC.
FORM 62-103F1
EARLY WARNING REPORT
This report updates information disclosed in a previous report filed by Osisko Mining Inc. (“Osisko”) on July 14, 2021.
Item 1 – Security and Reporting Issuer
1.1 State the designation of securities to which this report relates and the name and address of the head office of the issuer of the securities.
Issuer:
O3 Mining Inc. (“O3 Mining“)
155 University Avenue
Suite 1440
Toronto, Ontario M5H 3B7
Securities: This report relates to the disposition by Osisko of common shares of O3 Mining (“O3 Shares“).
O3 Mining is a corporation existing under the laws of the Province of Ontario and its common shares trade through the facilities of the TSX Venture Exchange under the trading symbol “OIII”.
1.2 State the name of the market in which the transaction or other occurrence that triggered the requirement to file this report took place.
The Disposition (as defined below) will be completed by way of a private agreement.
Item 2 – Identity of the Acquiror
2.1 State the name and address of the acquiror.
Acquiror:
Osisko Mining Inc. (“Osisko“)
155 University Avenue
Suite 1440
Toronto, Ontario M5H 3B7
Osisko is a corporation existing under the laws of the Province of Ontario and its common shares trade through the facilities of the Toronto Stock Exchange under the trading symbol “OSK”. Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada.
2.2 State the date of the transaction or other occurrence that triggered the requirement to file this report and briefly describe the transaction or other occurrence.
On December 15, 2021, Osisko entered into a purchase agreement with an arm’s length third party pursuant to which Osisko agreed to dispose of an aggregate of 2,500,000 O3 Shares at a price of $2.00 per O3 Share for aggregate consideration of $5,000,000 (the “Disposition”). The Disposition is expected to close prior to the end of December 2021. The Disposition triggered the requirement to file this report under National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 61-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
2.3 State the names of any joint actors.
None.
Item 3 – Interest in Securities of the Reporting Issuer
3.1 State the designation and number or principal amount of securities acquired or disposed of that triggered the requirement to file the report and the change in the acquiror’s securityholding percentage in the class of securities.
Immediately prior to giving effect to the Disposition, Osisko had beneficial ownership of, or control and direction over, 18,361,298 O3 Shares, representing approximately 26.9% of the number of issued and outstanding O3 Shares (being 68,160,439 common shares).
Immediately after giving effect to the Disposition, Osisko had beneficial ownership of, or control and direction over, 15,861,298 O3 Shares, representing approximately 23.3% of the issued and outstanding O3 Shares on a basic basis (based on there being 68,160,439 O3 Shares issued and outstanding as of the date hereof).
3.2 State whether the acquiror acquired or disposed ownership of, or acquired or ceased to have control over, the securities that triggered the requirement to file the report.
Osisko disposed of 2,500,000 O3 Shares referred to in this report.
3.3 If the transaction involved a securities lending arrangement, state that fact.
Not applicable.
3.4 State the designation and number or principal amount of securities and the acquiror’s securityholding percentage in the class of securities, immediately before and after the transaction or other occurrence that triggered the requirement to file this report.
See Item 3.1 above.
3.5 State the designation and number or principal amount of securities and the acquiror’s securityholding percentage in the class of securities referred to in Item 3.4 over which
(a) the acquiror, either alone or together with any joint actors, has ownership and control,
Osisko owns and controls the 15,861,298 O3 Shares referred to in Item 3.1, representing approximately 23.3% of the issued and outstanding O3 Shares.
(b) the acquiror, either alone or together with any joint actors, has ownership but control is held by persons or companies other than the acquiror or any joint actor, and
Not applicable.
(c) the acquiror, either alone or together with any joint actors, has exclusive or shared control but does not have ownership.
Not applicable.
3.6 If the acquiror or any of its joint actors has an interest in, or right or obligation associated with, a related financial instrument involving a security of the class of securities in respect of which disclosure is required under this item, describe the material terms of the related financial instrument and its impact on the acquiror’s securityholdings.
Not applicable.
3.7 If the acquiror or any of its joint actors is a party to a securities lending arrangement involving a security of the class of securities in respect of which disclosure is required under this item, describe the material terms of the arrangement including the duration of the arrangement, the number or principal amount of securities involved and any right to recall the securities or identical securities that have been transferred or lent under the arrangement.
Not applicable.
State if the securities lending arrangement is subject to the exception provided in section 5.7 of NI 62-104.
Not applicable.
3.8 If the acquiror or any of its joint actors is a party to an agreement, arrangement or understanding that has the effect of altering, directly or indirectly, the acquiror’s economic exposure to the security of the class of securities to which this report relates, describe the material terms of the agreement, arrangement or understanding.
Not applicable.
Item 4 – Consideration Paid
4.1 State the value, in Canadian dollars, of any consideration paid or received per security and in total.
See Item 2.2 above.
4.2 In the case of a transaction or other occurrence that did not take place on a stock exchange or other market that represents a published market for the securities, including an issuance from treasury, disclose the nature and value, in Canadian dollars, of the consideration paid or received by the acquiror.
See Item 2.2 above.
4.3 If the securities were acquired or disposed of other than by purchase or sale, describe the method of acquisition or disposition.
Not applicable.
Item 5 – Purpose of the Transaction
State the purpose or purposes of the acquiror and any joint actors for the acquisition or disposition of securities of the reporting issuer. Describe any plans or future intentions which the acquiror and any joint actors may have which relate to or would result in any of the following: (a) the acquisition of additional securities of the reporting issuer, or the disposition of securities of the reporting issuer; (b) a corporate transaction, such as a merger, reorganization or liquidation, involving the reporting issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of the assets of the reporting issuer or any of its subsidiaries;(d) a change in the board of directors or management of the reporting issuer, including any plans or intentions to change the number or term of directors or to fill any existing vacancy on the board; (e) a material change in the present capitalization or dividend policy of the reporting issuer; (f) a material change in the reporting issuer’s business or corporate structure; (g) a change in the reporting issuer’s charter, bylaws or similar instruments or another action which might impede the acquisition of control of the reporting issuer by any person or company; (h) a class of securities of the reporting issuer being delisted from, or ceasing to be authorized to be quoted on, a marketplace; (i) the issuer ceasing to be a reporting issuer in any jurisdiction of Canada; (j) a solicitation of proxies from securityholders; (k) an action similar to any of those enumerated above.
The O3 Shares were disposed of in order to monetize a portion of its investment in O3 Mining. Osisko intends to review, on a continuous basis, various factors related to its investment in O3 Mining, and may decide to purchase or dispose of additional securities of O3 Mining as future circumstances may dictate.
Item 6 – Agreements, Arrangements, Commitments or Understandings With Respect to Securities of the Reporting Issuer
Describe the material terms of any agreements, arrangements, commitments or understandings between the acquiror and a joint actor and among those persons and any person with respect to securities of the class of securities to which this report relates, including but not limited to the transfer or the voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Include such information for any of the securities that are pledged or otherwise subject to a contingency, the occurrence of which would give another person voting power or investment power over such securities, except that disclosure of standard default and similar provisions contained in loan agreements need not be included.
Not applicable.
Item 7 – Change in material fact
If applicable, describe any change in a material fact set out in a previous report filed by the acquiror under the early warning requirements or Part 4 in respect of the reporting issuer’s securities.
Not applicable.
Item 8 – Exemption
If the acquiror relies on an exemption from requirements in securities legislation applicable to formal bids for the transaction, state the exemption being relied on and describe the facts supporting that reliance.
Not applicable.
Item 9 – Certification
The acquiror must certify that the information is true and complete in every respect. In the case of an agent, the certification is based on the agent’s best knowledge, information and belief but the acquiror is still responsible for ensuring that the information filed by the agent is true and complete.
This report must be signed by each person on whose behalf the report is filed or his authorized representative.
It is an offence to submit information that, in a material respect and at the time and in the light of the circumstances in which it is submitted, is misleading or untrue.
Certificate
I, as the President and Chief Executive Officer of Osisko, certify on behalf of Osisko, to the best of my knowledge, information and belief, that the statements made in this report are true and complete in every respect.
Date: December 15, 2021
Signature: (signed) “John F. Burzynski”
Chief Executive Officer, Osisko
Name/Title: John F. Burzynski / Chief Executive Officer, Osisko
OSISKO MINING INC. FILES EARLY WARNING REPORT IN RESPECT OF O3 MINING INC.
Toronto, Ontario (December 15, 2021) – Osisko Mining Inc. (TSX:OSK) (the “Corporation“) announces that it has filed an early warning report in respect of its holdings in O3 Mining Inc. (“O3 Mining“). On December 15, 2021, the Corporation entered into a purchase agreement with an arm’s length third party pursuant to which the Corporation agreed to dispose of an aggregate of 2,500,000 common shares of O3 Mining (the “O3 Shares“) at a price of $2.00 per O3 Share for aggregate consideration of $5,000,000 (the “Disposition“). The Disposition is expected to close prior to the end of December 2021.
Immediately prior to giving effect to the Disposition, the Corporation had beneficial ownership of, or control and direction over, 18,361,298 O3 Shares, representing approximately 26.9% of the number of issued and outstanding O3 Shares (being 68,160,439 O3 Shares). Immediately after giving effect to the Disposition, the Corporation had beneficial ownership of, or control and direction over, 15,861,298 O3 Shares, representing approximately 23.3% of the issued and outstanding O3 Shares on a basic basis (based on there being 68,160,439 O3 Shares issued and outstanding as of the date hereof).
The Corporation disposed of such 2,500,000 O3 Shares in order to monetize a portion of its investment in O3 Mining. The Corporation intends to review, on a continuous basis, various factors related to its investment in O3 Mining, and may decide to purchase or dispose of additional securities of O3 Mining as future circumstances may dictate.
This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated December 15, 2021. The early warning report respecting the Disposition has been filed on SEDAR (www.sedar.com) under O3 Mining’s issuer profile. To obtain a copy of the early warning report filed by the Corporation, please contact John Burzynski at (416) 363-8653 or refer to SEDAR (www.sedar.com) under O3 Mining’s issuer profile.
For further information on the Corporation please contact:
John Burzynski
Chief Executive Officer
Telephone: (416) 363-8653
The Corporation’s head office is located at 155 University Avenue, Suite 1440, Toronto, Ontario M5H 3B7.
OSISKO WINDFALL DRILLING INTERSECTS MORE HIGH-GRADE
118 g/t Au Over 2.3 Metres in Triple Lynx
96.2 g/t Au Over 2.6 Metres in Lynx 4
(Toronto, December 15, 2021) Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
Significant new analytical results presented below include 35 intercepts in 14 drill holes (6 from surface, 8 from underground) and 9 wedges. The infill intercepts are located inside defined February 2021 mineral resource estimate (“MRE”) blocks (see Osisko news release dated February 17, 2021). The expansion intercepts are located outside the February 2021 MRE blocks and either expand resource wireframes or are in a defined zone or corridor but do not yet correlate to a specific wireframe.
Osisko Chief Executive Officer John Burzynski commented: “Windfall once again delivers high-grade intercepts with today’s results coming from across the deposit including from the Triple Lynx, Lynx 4, Caribou, Underdog, and F Zone areas. Targeted infill and expansion drilling will continue into 2022 to further define and expand our world-class gold deposit.”
Selected high-grade intercepts include 118 g/t Au over 2.3 metres in WST-21-0784; 96.2 g/t Au over 2.6 metres in OSK-W-21-2629; 108 g/t Au over 2.0 metres in OSK-W-21-2633; 83.5 g/t Au over 2.0 metres in WST-21-0855B; 37.8 g/t Au over 2.6 metres in OSK-W-21-2621. Maps showing hole locations and full analytical results are available at www.osiskomining.com. Maps:
Infill Drilling
| Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) uncut | Au (g/t) cut to 100 g/t | Zone | Corridor |
| OSK-W-21-1871-W1 | 963.0 | 965.8 | 2.8 | 12.7 | UDD_4511 | Underdog | |
| OSK-W-21-1963-W9 | 1208.0 | 1210.0 | 2.0 | 9.63 | LX4_3453 | Lynx 4 | |
| 1297.8 | 1299.9 | 2.1 | 10.8 | LX4_3449 | Lynx 4 | ||
| including | 1298.6 | 1299.1 | 0.5 | 38.5 | |||
| OSK-W-21-2531-W1 | 1098.0 | 1100.0 | 2.0 | 4.88 | UDD_4513 | Underdog | |
| OSK-W-21-2544-W4 | 794.0 | 796.0 | 2.0 | 5.76 | TLX_3184 | Triple Lynx | |
| OSK-W-21-2551-W4 | 926.0 | 928.0 | 2.0 | 10.9 | LX4_3417 | Lynx 4 | |
| including | 926.5 | 927.1 | 0.6 | 25.6 | |||
| OSK-W-21-2587-W2 | 1150.0 | 1152.0 | 2.0 | 8.39 | TLX_3172 | Triple Lynx | |
| including | 1150.3 | 1150.7 | 0.4 | 39.4 | |||
| OSK-W-21-2605 | 1284.4 | 1291.0 | 6.6 | 9.73 | LX4_3449 | Lynx 4 | |
| including | 1284.4 | 1286.4 | 2.0 | 22.1 | |||
| and | 1289.9 | 1290.2 | 0.3 | 15.6 | |||
| OSK-W-21-2621 | 651.1 | 653.5 | 2.4 | 16.6 | UDD_4100 | Underdog | |
| including | 652.0 | 653.0 | 1.0 | 39.3 | |||
| 948.0 | 950.0 | 2.0 | 9.59 | UDD_4514 | Underdog | ||
| 953.0 | 955.0 | 2.0 | 14.2 | UDD_4514 | Underdog | ||
| OSK-W-21-2625-W1 | 803.0 | 806.5 | 3.5 | 5.74 | LX4_3437 | Lynx 4 | |
| OSK-W-21-2629 | 930.6 | 933.2 | 2.6 | 96.2 | 50.0 | LX4_3437 | Lynx 4 |
| including | 932.2 | 933.2 | 1.0 | 220 | 100 | ||
| 944.0 | 946.1 | 2.1 | 32.2 | LX4_3437 | Lynx 4 | ||
| including | 944.3 | 945.1 | 0.8 | 84.0 | |||
| OSK-W-21-2633 | 146.6 | 148.6 | 2.0 | 108 | 57.4 | F11_6000 | F-11 |
| including | 147.0 | 148.0 | 1.0 | 202 | 100 | ||
| OSK-W-21-2636 | 357.0 | 359.3 | 2.3 | 33.6 | 22.3 | CA1_2551 | Caribou |
| including | 358.0 | 358.5 | 0.5 | 152 | 100 | ||
| WST-21-0649 | 704.2 | 706.8 | 2.6 | 3.89 | LX4_3427 | Lynx 4 | |
| including | 704.2 | 704.5 | 0.3 | 10.8 | |||
| 756.9 | 759.0 | 2.1 | 22.2 | LX4_3412 | Lynx 4 | ||
| WST-21-0784 | 259.8 | 262.1 | 2.3 | 118 | 57.4 | TLX_3161 | Triple Lynx |
| including | 260.2 | 261.4 | 1.2 | 216 | 100 | ||
| WST-21-0855B | 177.2 | 181.3 | 4.1 | 13.6 | LXM_3440 | Lynx | |
| including | 178.1 | 178.4 | 0.3 | 31.3 | |||
| 541.8 | 543.8 | 2.0 | 83.5 | 33.4 | LX4_3404 | Lynx 4 | |
| including | 543.2 | 543.8 | 0.6 | 267 | 100 | ||
| WST-21-0861 | 105.1 | 107.2 | 2.1 | 8.56 | LXM_3311 | Lynx | |
| WST-21-0873 | 255.0 | 257.3 | 2.3 | 4.01 | LSW_3500 | Lynx SW | |
| including | 256.0 | 256.3 | 0.3 | 17.5 | |||
| WST-21-0888 | 71.0 | 73.0 | 2.0 | 5.79 | LXM_3336 | Lynx | |
| WST-21-0893 | 43.6 | 45.8 | 2.2 | 4.91 | LXM_3303 | Lynx | |
| including | 44.0 | 44.7 | 0.7 | 15.4 |
Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below. CA1 = Caribou, LX4 = Lynx 4, LXM = Lynx Main, LSW = Lynx South West, TLX = Triple Lynx, UDD = Underdog, F11 = F Zones.
Expansion Drilling
| Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) uncut | Au (g/t) cut to 100 g/t | Zone | Corridor |
| OSK-W-21-1432-W12 | 861.0 | 863.0 | 2.0 | 5.30 | LX4 | Lynx 4 | |
| 927.0 | 930.0 | 3.0 | 19.6 | LX4 | Lynx 4 | ||
| 933.5 | 935.8 | 2.3 | 14.2 | LX4 | Lynx 4 | ||
| OSK-W-21-2522-W2 | 767.0 | 769.0 | 2.0 | 6.62 | LXM | Lynx | |
| OSK-W-21-2544-W4 | 813.9 | 816.2 | 2.3 | 18.8 | 13.5 | TLX | Triple Lynx |
| including | 815.4 | 815.7 | 0.3 | 141 | 100 | ||
| OSK-W-21-2587-W2 | 1077.0 | 1079.0 | 2.0 | 11.3 | TLX | Triple Lynx | |
| including | 1077.0 | 1077.8 | 0.8 | 27.1 | |||
| OSK-W-21-2597 | 704.0 | 706.0 | 2.0 | 15.0 | LX4 | Lynx 4 | |
| including | 704.5 | 705.0 | 0.5 | 34.7 | |||
| OSK-W-21-2621 | 722.0 | 724.6 | 2.6 | 37.8 | 18.0 | UDD | Underdog |
| including | 724.0 | 724.3 | 0.3 | 272 | 100 | ||
| WST-21-0873 | 300.0 | 302.0 | 2.0 | 8.00 | LSW | Lynx SW | |
| WST-21-0913 | 567.0 | 569.0 | 2.0 | 8.45 | LX4 | Lynx 4 | |
| including | 568.1 | 568.5 | 0.4 | 41.5 |
Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below. LSW = Lynx South West, LXM = Lynx Main, LX4 = Lynx 4, TLX = Triple Lynx, UDD = Underdog.
Drill hole location
| Hole Number | Azimuth (°) | Dip (°) | Length (m) | UTM E | UTM N | Elevation | Section |
| OSK-W-21-1432-W12 | 132 | -55 | 1113 | 453811 | 5435779 | 400 | 4300 |
| OSK-W-21-1871-W1 | 331 | -56 | 1119 | 452496 | 5434397 | 402 | 2475 |
| OSK-W-21-1963-W9 | 123 | -58 | 1388 | 453761 | 5435816 | 401 | 4275 |
| OSK-W-21-2522-W2 | 128 | -54 | 917 | 453450 | 5435592 | 411 | 3900 |
| OSK-W-21-2531-W1 | 344 | -62 | 1215 | 452566 | 5434415 | 403 | 2550 |
| OSK-W-21-2544-W4 | 128 | -50 | 858 | 452960 | 5435539 | 419 | 3425 |
| OSK-W-21-2551-W4 | 120 | -55 | 1026 | 453622 | 5435635 | 405 | 4050 |
| OSK-W-21-2587-W2 | 127 | -59 | 1167 | 453350 | 5435673 | 418 | 3850 |
| OSK-W-21-2597 | 13 | -75 | 861 | 454135 | 5435058 | 397 | 4225 |
| OSK-W-21-2605 | 112 | -55 | 1401 | 453552 | 5435669 | 408 | 4025 |
| OSK-W-21-2621 | 344 | -53 | 1001 | 452272 | 5434396 | 399 | 2275 |
| OSK-W-21-2625-W1 | 33 | -77 | 846 | 454135 | 5435058 | 396 | 4225 |
| OSK-W-21-2629 | 114 | -57 | 1011 | 453622 | 5435635 | 405 | 4050 |
| OSK-W-21-2633 | 157 | -47 | 189 | 452365 | 5435894 | 405 | 3100 |
| OSK-W-21-2636 | 337 | -52 | 801 | 452499 | 5434619 | 403 | 2575 |
| WST-21-0649 | 136 | -47 | 790 | 453258 | 5435211 | 98 | 3525 |
| WST-21-0784 | 132 | -66 | 361 | 453507 | 5435327 | -7 | 3800 |
| WST-21-0855B | 118 | -45 | 751 | 453507 | 5435333 | -48 | 3800 |
| WST-21-0861 | 139 | -64 | 307 | 453106 | 5435066 | 231 | 3325 |
| WST-21-0873 | 152 | -61 | 507 | 453105 | 5435065 | 231 | 3325 |
| WST-21-0888 | 140 | -34 | 111 | 453314 | 5435164 | 124 | 3550 |
| WST-21-0893 | 142 | -24 | 120 | 453314 | 5435164 | 124 | 3550 |
| WST-21-0913 | 138 | -49 | 594 | 453322 | 5435236 | 54 | 3600 |
Caribou Zone
Mineralization most commonly occurs in gold-bearing pyrite stockworks as well as semi-massive pyrite replacement zones associated with phyllic alteration (sericite-pyrite ± silica) with sulphides, pyrite dominated with minor chalcopyrite and sphalerite ranging from trace to up to 20%, and local visible gold. Mineralization is hosted in rhyolites or mafic-intermediate volcanics frequently at or near faults or the contact with felsic porphyritic intrusions.
F-Zones
Mineralization is hosted in sheared andesites with carbonate replacement or quartz veining and occurs as quartz ± ankerite veinlets or as replacement type in shear zones and is characterised by trace to 10% pyrite with local visible gold. Alteration is dominated by sericite-fuchsite-tourmaline-pyrite.
Lynx Zone
Mineralization occurs as grey to translucent quartz-carbonate-pyrite-tourmaline veins and pyrite replacement zones and stockworks. Vein-type mineralization is associated with haloes of pervasive sericite-pyrite ± silica alteration and contain sulphides (predominantly pyrite with minor amounts of chalcopyrite, sphalerite, galena, arsenopyrite, and pyrrhotite) and local visible gold. Replacement mineralization is associated with strong pervasive silica-sericite-ankerite ± tourmaline alteration and contains disseminated pyrite from trace to 80% with local visible gold. Pyrite stockworks can form envelopes that reach several tens of metres thick. Fuchsite alteration is common and is spatially constrained to near the gabbros. Mineralization occurs at or near geological contacts between felsic porphyritic or fragmental intrusions and the host rhyolites or gabbros and locally can be hosted along the gabbro-rhyolite contact.
Underdog
Mineralization most commonly occurs in gold-bearing quartz-pyrite (± tourmaline) veins and as disseminated, stringer, semi-massive to massive pyrite with minor sphalerite, chalcopyrite and molybdenite associated with strong sericite and silica alteration. Mineralization is hosted along the intrusive contacts of a three-phase composite felsic porphyritic unit which cross-cuts felsic and mafic volcanic sequences.
Qualified Person
The scientific and technical content of this news release has been reviewed, prepared and approved by Mr. Louis Grenier, M.Sc.A., P.Geo. (OGQ 800), Director of Exploration for Osisko’s Windfall gold project, who is a “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
Quality Control and Reporting Protocols
True width determination is estimated at 55-80% of the reported core length interval for the zone. Assays are uncut except where indicated. Intercepts occur within geological confines of major zones but have not been correlated to individual vein domains at this time. Reported intervals include minimum weighted averages of 3.5 g/t Au diluted over core lengths of at least 2.0 metres. NQ core assays were obtained by either 1-kilogram screen fire assay or standard 50-gram fire-assaying-AA finish or gravimetric finish at (i) ALS Laboratories in Val d’Or, Québec, Vancouver, British Colombia, Lima, Peru or Vientiane, Laos (ii) Bureau Veritas in Timmins, Ontario. The 1-kilogram screen assay method is selected by the geologist when samples contain coarse gold or present a higher percentage of pyrite than surrounding intervals. Selected samples are also analyzed for multi-elements, including silver, using a Four Acid Digestion-ICP-MS method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control (“QA/QC”) and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples for QA/QC purposes by the Corporation as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assay.
About the Windfall Gold Deposit
The Windfall gold deposit is located between Val-d’Or and Chibougamau in the Abitibi region of Québec, Canada. The Mineral Resource Estimate (“MRE“) defined by Osisko, as disclosed in the news release dated February 17, 2021 is supported by the technical report entitled “Preliminary Economic Assessment Update for the Windfall Project” dated April 26, 2021 (that includes Windfall Mineral Resource Estimate with an effective date of November 30, 2020), and assuming a cut-off grade of 3.50 g/t Au, comprises 521,000 tonnes at 11.3 g/t Au (189,000 ounces) in the measured mineral resource category, 5,502,000 tonnes at 9.4 g/t Au (1,668,000 ounces) in the indicated mineral resource category and 16,401,000 tonnes at 8.0 g/t Au (4,244,000 ounces) in the inferred mineral resource category. The key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in the February 17, 2021 news release are further described in the full technical report prepared by BBA Inc. in accordance with NI 43-101 and is available on SEDAR (www.sedar.com) under the Corporation’s issuer profile. The Windfall gold deposit is currently one of the highest-grade resource-stage gold projects in Canada and has world-class scale. Mineralization occurs in three principal zones: Lynx, Main Zone, and Underdog. Mineralization is generally comprised of sub-vertical zones following intrusive porphyry contacts plunging to the northeast. The resources are defined from surface to a depth of 1,600 metres as it now includes the Triple 8 (T8) zone. The resources excluding T8 are defined from surface to a depth of 1,200 metres. The deposit remains open along strike and at depth. Mineralization has been identified at surface in some areas and as deep as 2,625 metres in others with significant potential to extend mineralization down-plunge and at depth.
About Osisko Mining Inc.
Osisko is a mineral exploration company focused on the acquisition, exploration, and development of gold resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry area and nearby Quévillon area (over 2,600 square kilometres).
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations 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 to 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 the forward-looking information pertaining to, among other things: the Windfall gold deposit being one of the highest-grade resource-stage gold projects in Canada and having world-class scale; the key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in this news release; the prospects, if any, of the Windfall gold deposit; timing and ability of Osisko to file a technical report for the mineral resource estimate disclosed in this news release; the timing and ability of Osisko, if at all, to publish a feasibility study for the Windfall gold deposit; the amount and type of drilling to be completed and the timing to complete such drilling; the focus of the remaining infill drilling; the trend of grade increase; the Lynx zone remaining open to expansion down plunge; upgrading a inferred mineral resource to a measured mineral resource or indicated mineral resource category; future drilling at the Windfall gold deposit; the significance of historic exploration activities and results. Such factors include, among others, risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management’s geological modelling; the ability of Osisko to complete further exploration activities, including (infill) drilling; property and royalty interests in the Windfall gold deposit; the ability of the Corporation to obtain required approvals; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
CONTACT INFORMATION:
John Burzynski
Chief Executive Officer
Telephone (416) 363-8653
OSISKO MINING INC. ANNOUNCES SIX-MONTH EXTENSION OF WARRANTS ISSUED ON JUNE 23, 2020
Toronto, Ontario (December 13, 2021) – Osisko Mining Inc. (TSX:OSK) (the “Corporation“) is pleased to announce that it has received conditional approval of the Toronto Stock Exchange to extend the expiry date of the common share purchase warrants of the Corporation (the “Warrants“) originally issued pursuant to a private placement of units of the Corporation, which closed on June 23, 2020 (the “Offering“). The Warrants are exercisable for common shares of the Company (“Common Shares“) at a price of $5.25 per Common Share and are set to expire on December 23, 2021. The Company has extended the expiry date of such Warrants by an additional six months to June 23, 2022, with such extension being effective on December 29, 2021 (the “Effective Date“). All other terms of the Warrants, including the exercise price, will remain the same. No exercises of the Warrants will be accepted by the Corporation from the date hereof until the Effective Date. Under the Offering 24,250,000 Warrants were issued, but the extension applies only to 22,099,400 Warrants, as the extension does not apply to 2,150,600 Warrants issued to insiders of the Corporation.
About Osisko Mining Inc.
Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding the Urban Barry area and nearby Quévillon area (over 2,600 square kilometres).
Cautionary Note Regarding 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. 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. Forward-looking information in this news release includes, but is not limited to, statements with respect to the extension of the term of the Warrants. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, include the inability to obtain regulatory approvals required in relation to the extension of the term of the Warrants. Although Osisko 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. Osisko 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.
For further information on the Corporation please contact:
John Burzynski
Chairman & Chief Executive Officer
Telephone: (416) 363-8653
OSISKO WINDFALL DRILLING INTERCEPTS WIDE HIGH-GRADE IN EXPANSION HOLES
163 g/t Au over 8.8 metres in Lynx 4
32.4 g/t Au over 5.7 metres in Triple Lynx
(Toronto, December 8, 2021) Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
Significant new analytical results presented below include 97 intercepts in 31 drill holes (12 from surface, 19 from underground) and 22 wedges. The infill intercepts are located inside defined February 2021 mineral resource estimate (“MRE”) blocks (see Osisko news release dated February 17, 2021). The expansion intercepts are located outside the February 2021 MRE blocks and either expand resource wireframes or are in a defined zone or corridor but do not yet correlate to a specific wireframe.
Osisko Chief Executive Officer John Burzynski commented: “Today’s results underscore once again how much room there is to grow at Windfall with the headline holes located outside the resource released in February earlier this year. Targeted infill drilling also returned high-grade intercepts highlighting the robust grade of the deposit.”
Selected high-grade intercepts include: 163 g/t Au over 8.8 metres in OSK-W-21-1462-W11; 178 g/t Au over 2.9 metres in OSK-W-21-2551-W5; 135 g/t Au over 2.0 metres in OSK-W-21-1871-W1; 104 g/t Au over 2.4 metres in OSK-W-21-1949-W6; 95.2 g/t Au over 2.1 metres in OSK-W-21-2287-W7; 32.4 g/t Au over 5.7 metres in OSK-W-21-2540-W5, 49.4 g/t Au over 2.0 metres in WST-21-0903, 35.7 g/t Au over 2.4 metres in WST-21-0901, 21.5 g/t Au over 4.0 metres in OSK-W-21-2544-W2 and 42.7 g/t Au over 2.0 metres in WST-21-0879. Maps showing hole locations and full analytical results are available at www.osiskomining.com. Maps: Long Section In EN 20211208, Long Section Ex EN 20211208, PR_EN_20211208_Surface, PR_EN_20211208_UG.
Infill
| Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) uncut | Au (g/t) cut to 100 g/t | Zone | Corridor |
| OSK-W-21-1871-W1 | 888.6 | 891.0 | 2.4 | 12.5 | UDD_4106 | Underdog | |
| 1008.0 | 1010.0 | 2.0 | 135 | 50.1 | UDD_4501 | Underdog | |
| including | 1008.0 | 1009.0 | 1.0 | 270 | 100 | ||
| OSK-W-21-1871-W3 | 491.0 | 493.1 | 2.1 | 7.90 | CA2_2211 | Caribou | |
| including | 491.5 | 491.9 | 0.4 | 18.8 | |||
| 549.0 | 551.0 | 2.0 | 5.32 | CA2_2233 | Caribou | ||
| OSK-W-21-1949-W6 | 747.2 | 749.6 | 2.4 | 104 | 27.6 | LXM_3345 | Lynx |
| including | 748.1 | 748.6 | 0.5 | 466 | 100 | ||
| OSK-W-21-2287-W7 | 1213.9 | 1216.0 | 2.1 | 95.2 | LX4_3449 | Lynx 4 | |
| OSK-W-21-2407-W2 | 802.0 | 805.0 | 3.0 | 8.55 | UDD_4106 | Underdog | |
| including | 802.8 | 803.5 | 0.7 | 21.1 | |||
| OSK-W-21-2416-W7 | 1018.0 | 1020.0 | 2.0 | 41.3 | 15.8 | TLX_3162 | Triple Lynx |
| including | 1019.3 | 1019.6 | 0.3 | 270 | 100 | ||
| 1032.0 | 1034.0 | 2.0 | 36.8 | 23.9 | TLX_3162 | Triple Lynx | |
| including | 1032.9 | 1033.2 | 0.3 | 186 | 100 | ||
| OSK-W-21-2512-W2 | 433.0 | 435.0 | 2.0 | 7.24 | CA2_2211 | Caribou | |
| 687.6 | 690.0 | 2.4 | 28.2 | UDD_4100 | Underdog | ||
| including | 688.3 | 689.3 | 1.0 | 65.8 | |||
| 694.0 | 696.0 | 2.0 | 6.01 | UDD_4100 | Underdog | ||
| 715.0 | 720.0 | 5.0 | 5.04 | UDD_4102 | Underdog | ||
| 724.0 | 726.0 | 2.0 | 4.28 | UDD_4102 | Underdog | ||
| OSK-W-21-2531-W3 | 810.0 | 813.0 | 3.0 | 11.4 | UDD_4110 | Underdog | |
| 873.0 | 877.0 | 4.0 | 10.3 | UDD_4101 | Underdog | ||
| 913.0 | 916.4 | 3.4 | 10.2 | UDD_4100 | Underdog | ||
| OSK-W-21-2531-W4 | 845.3 | 847.3 | 2.0 | 6.79 | UDD_4101 | Underdog | |
| including | 845.3 | 845.6 | 0.3 | 35.3 | |||
| OSK-W-21-2532-W3 | 828.0 | 833.0 | 5.0 | 8.29 | UDD_4100 | Underdog | |
| including | 832.0 | 833.0 | 1.0 | 24.0 | |||
| 837.8 | 842.0 | 4.2 | 19.0 | 16.1 | UDD_4100 | Underdog | |
| including | 840.0 | 840.4 | 0.4 | 131 | 100 | ||
| OSK-W-21-2537-W3 | 938.0 | 940.0 | 2.0 | 12.6 | TLX_3183 | Triple Lynx | |
| OSK-W-21-2544-W2 | 774.9 | 777.0 | 2.1 | 4.22 | TLX_3171 | Triple Lynx | |
| 783.0 | 787.0 | 4.0 | 21.5 | TLX_3171 | Triple Lynx | ||
| including | 784.5 | 785.2 | 0.7 | 62.8 | |||
| 793.0 | 795.0 | 2.0 | 19.0 | TLX_3184 | Triple Lynx | ||
| including | 794.0 | 794.4 | 0.4 | 93.3 | |||
| 989.0 | 991.0 | 2.0 | 17.5 | TLX_3195 | Triple Lynx | ||
| including | 989.4 | 990.0 | 0.6 | 58.1 | |||
| OSK-W-21-2551-W5 | 941.3 | 943.5 | 2.2 | 17.3 | LX4_3430 | Lynx 4 | |
| including | 942.0 | 942.4 | 0.4 | 78.6 | |||
| 958.4 | 961.3 | 2.9 | 178 | 36.3 | LX4_3430 | Lynx 4 | |
| including | 958.8 | 959.7 | 0.9 | 556 | 100 | ||
| OSK-W-21-2578-W3 | 604.7 | 606.9 | 2.2 | 7.71 | UDD_4100 | Underdog | |
| including | 606.1 | 606.9 | 0.8 | 20.9 | |||
| OSK-W-21-2587-W1 | 1030.0 | 1032.0 | 2.0 | 20.5 | TLX_3163 | Triple Lynx | |
| 1038.0 | 1040.0 | 2.0 | 5.36 | TLX_3164 | Triple Lynx | ||
| including | 1038.7 | 1039.0 | 0.3 | 27.1 | |||
| 1046.0 | 1049.0 | 3.0 | 3.99 | TLX_3164 | Triple Lynx | ||
| 1089.0 | 1091.0 | 2.0 | 5.66 | TLX_3162 | Triple Lynx | ||
| including | 1089.0 | 1089.4 | 0.4 | 16.6 | |||
| 1105.6 | 1109.0 | 3.4 | 8.17 | TLX_3170 | Triple Lynx | ||
| OSK-W-21-2600 | 475.8 | 478.0 | 2.2 | 5.70 | Z27_1115 | Zone 27 | |
| OSK-W-21-2605 | 1312.0 | 1314.0 | 2.0 | 5.62 | LX4_3445 | Lynx 4 | |
| OSK-W-21-2612-W1 | 382.6 | 384.9 | 2.3 | 4.02 | Z27_1115 | Zone 27 | |
| including | 382.6 | 383.0 | 0.4 | 14.4 | |||
| OSK-W-21-2613 | 916.2 | 922.0 | 5.8 | 14.6 | TLX_3161 | Triple Lynx | |
| including | 916.2 | 916.6 | 0.4 | 38.1 | |||
| and | 918.7 | 919.3 | 0.6 | 41.0 | |||
| 967.9 | 970.0 | 2.1 | 19.8 | TLX_3163 | Triple Lynx | ||
| including | 967.9 | 968.3 | 0.4 | 60.9 | |||
| and | 968.9 | 969.3 | 0.4 | 42.5 | |||
| 994.0 | 996.0 | 2.0 | 3.77 | TLX_3164 | Triple Lynx | ||
| including | 994.4 | 995.0 | 0.6 | 8.21 | |||
| OSK-W-21-2621 | 628.0 | 630.0 | 2.0 | 18.6 | UDD_4101 | Underdog | |
| OSK-W-21-2625 | 814.9 | 817.3 | 2.4 | 10.9 | LX4_3437 | Lynx 4 | |
| including | 814.9 | 815.2 | 0.3 | 55.1 | |||
| OSK-W-21-2631 | 133.0 | 135.0 | 2.0 | 26.5 | F11_6001 | F-11 | |
| OSK-W-21-2632 | 103.0 | 105.0 | 2.0 | 3.66 | F11_6000 | F-11 | |
| 139.0 | 141.5 | 2.5 | 19.6 | F11_6009 | F-11 | ||
| including | 139.6 | 140.5 | 0.9 | 47.7 | |||
| OSK-W-21-2635 | 568.0 | 570.4 | 2.4 | 4.21 | CA2_2211 | Caribou | |
| including | 570.1 | 570.4 | 0.3 | 24.2 | |||
| OSK-W-21-2636 | 365.0 | 367.0 | 2.0 | 4.26 | CA1_2551 | Caribou | |
| including | 366.0 | 366.4 | 0.4 | 12.4 | |||
| 550.0 | 552.0 | 2.0 | 13.0 | Z27_1107 | Zone 27 | ||
| including | 551.0 | 551.7 | 0.7 | 35.6 | |||
| OSK-W-21-2641 | 118.4 | 124.0 | 5.6 | 4.04 | F11_6001 | F-11 | |
| WST-21-0649 | 456.0 | 458.0 | 2.0 | 6.23 | TLX_3165 | Triple Lynx | |
| WST-21-0875 | 510.0 | 512.7 | 2.7 | 20.7 | 18.8 | LX4_3450 | Lynx 4 |
| including | 512.2 | 512.7 | 0.5 | 111 | 100 | ||
| WST-21-0878 | 346.0 | 348.3 | 2.3 | 7.43 | TLX_3131 | Triple Lynx | |
| including | 348.0 | 348.3 | 0.3 | 37.7 | |||
| WST-21-0879 | 510.0 | 512.0 | 2.0 | 42.7 | 25.8 | LX4_3450 | Lynx 4 |
| including | 510.5 | 511.0 | 0.5 | 168 | 100 | ||
| 612.5 | 615.0 | 2.5 | 24.0 | LX4_3429 | Lynx 4 | ||
| including | 612.5 | 613.0 | 0.5 | 78.8 | |||
| WST-21-0900 | 272.9 | 275.4 | 2.5 | 5.33 | LHW_3215 | Lynx HW | |
| including | 275.0 | 275.4 | 0.4 | 22.2 | |||
| WST-21-0901 | 308.0 | 310.4 | 2.4 | 35.7 | 24.5 | LHW_3215 | Lynx HW |
| including | 309.6 | 309.9 | 0.3 | 189 | 100 | ||
| WST-21-0907 | 509.5 | 512.5 | 3.0 | 19.8 | LX4_3430 | Lynx 4 | |
| including | 509.5 | 511.0 | 1.5 | 39.5 | |||
| 644.0 | 646.1 | 2.1 | 38.8 | 35.1 | LX4_3448 | Lynx 4 | |
| including | 645.0 | 645.5 | 0.5 | 116 | 100 | ||
| WST-21-0912 | 603.0 | 605.1 | 2.1 | 38.6 | LX4_3429 | Lynx 4 | |
| including | 603.6 | 604.5 | 0.9 | 74.9 | |||
| WST-21-0920B | 301.1 | 303.2 | 2.1 | 4.08 | LHW_3215 | Lynx HW | |
| WST-21-0922 | 102.0 | 104.0 | 2.0 | 3.57 | LXM_3304 | Lynx |
Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below. CA1 and CA2 = Caribou, LX4 = Lynx 4, LHW = Lynx Hanging Wall, LXM = Lynx Main, TLX = Triple Lynx, UDD = Underdog, F11 = F-Zones, Z27 = Zone 27.
Expansion Drilling
| Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) uncut | Au (g/t) cut to 100 g/t | Zone | Corridor |
| OSK-W-21-1432-W11 | 929.3 | 938.1 | 8.8 | 163 | 26.0 | LX4 | Lynx |
| including | 929.3 | 931.0 | 1.7 | 811 | 100 | ||
| OSK-W-21-1871-W2 | 754.0 | 756.0 | 2.0 | 4.06 | UDD | Underdog | |
| OSK-W-21-2287-W7 | 1233.0 | 1235.0 | 2.0 | 24.2 | LX4 | Lynx 4 | |
| including | 1233.5 | 1234.4 | 0.9 | 49.0 | |||
| OSK-W-21-2407-W2 | 769.3 | 771.9 | 2.6 | 13.4 | UDD | Underdog | |
| including | 769.3 | 769.7 | 0.4 | 57.1 | |||
| OSK-W-21-2465-W4 | 765.6 | 767.7 | 2.1 | 23.0 | TLX | Triple Lynx | |
| including | 766.8 | 767.7 | 0.9 | 50.2 | |||
| OSK-W-21-2465-W6 | 938.0 | 940.0 | 2.0 | 4.61 | TLX | Triple Lynx | |
| OSK-W-21-2540-W5 | 948.0 | 953.7 | 5.7 | 32.4 | 26.1 | TLX | Triple Lynx |
| including | 951.7 | 952.7 | 1.0 | 136 | 100 | ||
| OSK-W-21-2540-W6 | 949.0 | 951.0 | 2.0 | 11.8 | TLX | Triple Lynx | |
| including | 949.0 | 950.0 | 1.0 | 23.3 | |||
| 955.0 | 957.0 | 2.0 | 29.0 | TLX | Triple Lynx | ||
| including | 955.6 | 956.4 | 0.8 | 71.1 | |||
| OSK-W-21-2544-W2 | 819.0 | 821.0 | 2.0 | 5.18 | TLX | Triple Lynx | |
| including | 819.9 | 820.2 | 0.3 | 29.7 | |||
| OSK-W-21-2578-W3 | 589.5 | 591.6 | 2.1 | 7.42 | UDD | Underdog | |
| including | 590.1 | 590.7 | 0.6 | 24.7 | |||
| OSK-W-21-2587-W1 | 967.0 | 969.0 | 2.0 | 4.01 | TLX | Triple Lynx | |
| including | 967.0 | 967.9 | 0.9 | 8.06 | |||
| OSK-W-21-2589 | 131.6 | 133.6 | 2.0 | 7.71 | LNX | Lynx | |
| including | 132.8 | 133.2 | 0.4 | 31.0 | |||
| OSK-W-21-2599 | 725.0 | 727.0 | 2.0 | 24.7 | CA2 | Caribou | |
| including | 725.0 | 726.0 | 1.0 | 49.3 | |||
| 730.0 | 732.0 | 2.0 | 5.92 | CA2 | Caribou | ||
| 745.4 | 748.3 | 2.9 | 5.42 | CA2_2220 | Caribou | ||
| OSK-W-21-2613 | 1015.0 | 1017.0 | 2.0 | 5.65 | TLX | Triple Lynx | |
| OSK-W-21-2635 | 597.3 | 600.0 | 2.7 | 12.0 | CA2 | Caribou | |
| including | 598.1 | 598.4 | 0.3 | 40.4 | |||
| WST-21-0649 | 606.0 | 608.0 | 2.0 | 5.94 | LX4 | Lynx | |
| including | 606.4 | 606.7 | 0.3 | 37.2 | |||
| WST-21-0793 | 74.0 | 76.0 | 2.0 | 3.72 | LNX | Lynx | |
| including | 74.3 | 75.1 | 0.8 | 8.11 | |||
| WST-21-0863 | 336.3 | 338.7 | 2.4 | 6.80 | TLX | Triple Lynx | |
| including | 338.3 | 338.7 | 0.4 | 29.1 | |||
| WST-21-0878 | 138.0 | 140.5 | 2.5 | 3.93 | TLX | Triple Lynx | |
| WST-21-0886 | 231.0 | 233.0 | 2.0 | 8.62 | LSW | Lynx SW | |
| including | 232.6 | 233.0 | 0.4 | 42.8 | |||
| 319.2 | 323.8 | 4.6 | 6.98 | LSW | Lynx SW | ||
| including | 319.2 | 319.5 | 0.3 | 35.7 | |||
| and | 320.1 | 320.4 | 0.3 | 30.9 | |||
| 362.4 | 364.4 | 2.0 | 4.74 | LSW_3502 | Lynx SW | ||
| including | 362.4 | 362.7 | 0.3 | 31.0 | |||
| WST-21-0894B | 101.0 | 103.0 | 2.0 | 4.94 | BCT | Bobcat | |
| including | 101.3 | 101.8 | 0.5 | 19.0 | |||
| WST-21-0898 | 239.5 | 241.8 | 2.3 | 10.3 | TLX | Triple Lynx | |
| including | 240.7 | 241.4 | 0.7 | 31.4 | |||
| WST-21-0903 | 274.1 | 276.1 | 2.0 | 49.4 | TLX | Triple Lynx | |
| WST-21-0907 | 567.0 | 569.0 | 2.0 | 7.94 | LX4 | Lynx | |
| including | 567.0 | 567.8 | 0.8 | 19.5 | |||
| 583.0 | 585.0 | 2.0 | 3.53 | LX4 | Lynx 4 | ||
| including | 583.5 | 584.0 | 0.5 | 13.5 | |||
| WST-21-0909 | 366.4 | 368.5 | 2.1 | 3.88 | TLX | Triple Lynx | |
| including | 367.8 | 368.1 | 0.3 | 11.3 | |||
| 384.0 | 386.4 | 2.4 | 5.94 | TLX | Triple Lynx | ||
| including | 385.1 | 385.5 | 0.4 | 32.1 | |||
| 409.0 | 411.5 | 2.5 | 4.92 | TLX | Triple Lynx | ||
| including | 411.1 | 411.5 | 0.4 | 15.3 | |||
| WST-21-0915B | 247.0 | 249.5 | 2.5 | 9.56 | TLX | Triple Lynx | |
| including | 247.0 | 247.5 | 0.5 | 45.0 | |||
| 358.6 | 361.2 | 2.6 | 22.2 | TLX | Triple Lynx | ||
| including | 359.6 | 360.3 | 0.7 | 63.7 | |||
| 368.2 | 370.5 | 2.3 | 4.01 | TLX | Triple Lynx | ||
| WST-21-0916A | 386.0 | 388.0 | 2.0 | 4.68 | TLX | Triple Lynx | |
| including | 387.2 | 387.5 | 0.3 | 10.6 |
Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below. BCT = Bobcat, CA2 = Caribou, LNX= Lynx, LSW = Lynx South West, LX4 = Lynx 4, TLX = Triple Lynx, UDD = Underdog.
Drill hole location
| Hole Number | Azimuth (°) | Dip (°) | Length (m) | UTM E | UTM N | Elevation | Section |
| OSK-W-21-1432-W11 | 132 | -55 | 1149 | 453811 | 5435779 | 400 | 4300 |
| OSK-W-21-1871-W1 | 331 | -56 | 1119 | 452496 | 5434397 | 402 | 2475 |
| OSK-W-21-1871-W2 | 331 | -56 | 915 | 452496 | 5434397 | 402 | 2475 |
| OSK-W-21-1871-W3 | 331 | -56 | 906 | 452496 | 5434397 | 402 | 2475 |
| OSK-W-21-1949-W6 | 105 | -57 | 1227 | 453440 | 5435479 | 401 | 3825 |
| OSK-W-21-2287-W7 | 116 | -53 | 1320 | 453607 | 5435714 | 404 | 4075 |
| OSK-W-21-2407-W2 | 347 | -55 | 843 | 452315 | 5434420 | 399 | 2325 |
| OSK-W-21-2416-W7 | 123 | -54 | 1104 | 453169 | 5435624 | 412 | 3650 |
| OSK-W-21-2465-W4 | 123 | -61 | 1053 | 453398 | 5435556 | 413 | 3825 |
| OSK-W-21-2465-W6 | 123 | -61 | 993 | 453398 | 5435556 | 413 | 3825 |
| OSK-W-21-2512-W2 | 331 | -54 | 834 | 452448 | 5434465 | 400 | 2475 |
| OSK-W-21-2531-W3 | 344 | -62 | 1329 | 452566 | 5434415 | 403 | 2550 |
| OSK-W-21-2531-W4 | 344 | -62 | 1203 | 452566 | 5434415 | 403 | 2550 |
| OSK-W-21-2532-W3 | 341 | -60 | 1191 | 452478 | 5434430 | 401 | 2475 |
| OSK-W-21-2537-W3 | 114 | -54 | 1024 | 452981 | 5435549 | 420 | 3450 |
| OSK-W-21-2540-W5 | 117 | -60 | 1311 | 453465 | 5435640 | 410 | 3925 |
| OSK-W-21-2540-W6 | 117 | -60 | 1541 | 453465 | 5435640 | 410 | 3925 |
| OSK-W-21-2544-W2 | 128 | -50 | 1044 | 452960 | 5435539 | 419 | 3425 |
| OSK-W-21-2551-W5 | 120 | -55 | 1023 | 453622 | 5435635 | 405 | 4050 |
| OSK-W-21-2578-W3 | 350 | -53 | 723 | 452178 | 5434397 | 399 | 2200 |
| OSK-W-21-2587-W1 | 127 | -59 | 1176 | 453350 | 5435673 | 418 | 3850 |
| OSK-W-21-2589 | 130 | -49 | 663 | 452960 | 5435539 | 420 | 3425 |
| OSK-W-21-2599 | 328 | -62 | 774 | 452787 | 5434526 | 397 | 2800 |
| OSK-W-21-2600 | 329 | -50 | 789 | 452470 | 5434626 | 403 | 2550 |
| OSK-W-21-2605 | 112 | -55 | 1401 | 453552 | 5435669 | 408 | 4025 |
| OSK-W-21-2612-W1 | 333 | -51 | 690 | 452391 | 5434638 | 402 | 2500 |
| OSK-W-21-2613 | 114 | -53 | 1092 | 452981 | 5435549 | 420 | 3450 |
| OSK-W-21-2621 | 344 | -53 | 1001 | 452272 | 5434396 | 399 | 2275 |
| OSK-W-21-2625 | 33 | -77 | 891 | 454135 | 5435058 | 396 | 4225 |
| OSK-W-21-2631 | 158 | -47 | 165 | 452336 | 5435850 | 406 | 3050 |
| OSK-W-21-2632 | 141 | -44 | 153 | 452363 | 5435857 | 406 | 3075 |
| OSK-W-21-2635 | 327 | -56 | 708 | 452684 | 5434475 | 402 | 2675 |
| OSK-W-21-2636 | 337 | -52 | 801 | 452499 | 5434619 | 403 | 2575 |
| OSK-W-21-2641 | 177 | -46 | 165 | 452436 | 5435884 | 407 | 3150 |
| WST-21-0649 | 136 | -47 | 790 | 453258 | 5435211 | 98 | 3525 |
| WST-21-0793 | 125 | -15 | 121 | 453463 | 5435327 | 32 | 3775 |
| WST-21-0863 | 135 | -64 | 403 | 453508 | 5435327 | -7 | 3800 |
| WST-21-0875 | 144 | -47 | 577 | 453322 | 5435235 | 54 | 3600 |
| WST-21-0878 | 128 | -40 | 711 | 453375 | 5435297 | -26 | 3675 |
| WST-21-0879 | 139 | -44 | 724 | 453258 | 5435209 | 96 | 3525 |
| WST-21-0886 | 128 | -51 | 375 | 452954 | 5435004 | 253 | 3175 |
| WST-21-0894B | 132 | -52 | 417 | 452955 | 5435004 | 253 | 3175 |
| WST-21-0898 | 141 | -61 | 402 | 453508 | 5435327 | -7 | 3800 |
| WST-21-0900 | 122 | -13 | 316 | 453462 | 5435326 | 33 | 3775 |
| WST-21-0901 | 116 | -18 | 340 | 453462 | 5435327 | 32 | 3775 |
| WST-21-0903 | 120 | -61 | 322 | 453509 | 5435328 | -7 | 3800 |
| WST-21-0907 | 130 | -40 | 701 | 453374 | 5435296 | -26 | 3675 |
| WST-21-0909 | 151 | -59 | 426 | 453507 | 5435328 | -7 | 3800 |
| WST-21-0912 | 141 | -41 | 640 | 453258 | 5435209 | 96 | 3525 |
| WST-21-0915B | 143 | -63 | 490 | 453507 | 5435328 | -7 | 3800 |
| WST-21-0916A | 146 | -52 | 586 | 453321 | 5435235 | 54 | 3600 |
| WST-21-0920B | 135 | -24 | 348 | 453462 | 5435326 | 32 | 3775 |
| WST-21-0922 | 146 | -35 | 114 | 453314 | 5435164 | 124 | 3550 |
Bobcat
Mineralization most commonly occurs in gold-bearing quartz-pyrite veins controlled by northeast trending faults and shears and to a lesser extent in minor crustiform quartz-tourmaline-ankerite-pyrite veins and pyrite replacement zones and stockwork. Mineralization is hosted in sheared mafic volcanics, rhyolites near faults, or at the contact with felsic porphyritic intrusions.
Caribou Zone
Mineralization most commonly occurs in gold-bearing pyrite stockworks as well as semi-massive pyrite replacement zones associated with phyllic alteration (sericite-pyrite ± silica) with sulphides, pyrite dominated with minor chalcopyrite and sphalerite ranging from trace to up to 20%, and local visible gold. Mineralization is hosted in rhyolites or mafic-intermediate volcanics frequently at or near faults or the contact with felsic porphyritic intrusions.
F-Zones
Mineralization is hosted in sheared andesites with carbonate replacement or quartz veining and occurs as quartz ± ankerite veinlets or as replacement type in shear zones and is characterised by trace to 10% pyrite with local visible gold. Alteration is dominated by sericite-fuchsite-tourmaline-pyrite.
Lynx Zone
Mineralization occurs as grey to translucent quartz-carbonate-pyrite-tourmaline veins and pyrite replacement zones and stockworks. Vein-type mineralization is associated with haloes of pervasive sericite-pyrite ± silica alteration and contain sulphides (predominantly pyrite with minor amounts of chalcopyrite, sphalerite, galena, arsenopyrite, and pyrrhotite) and local visible gold. Replacement mineralization is associated with strong pervasive silica-sericite-ankerite ± tourmaline alteration and contains disseminated pyrite from trace to 80% with local visible gold. Pyrite stockworks can form envelopes that reach several tens of metres thick. Fuchsite alteration is common and is spatially constrained to near the gabbros. Mineralization occurs at or near geological contacts between felsic porphyritic or fragmental intrusions and the host rhyolites or gabbros and locally can be hosted along the gabbro-rhyolite contact.
Underdog
Mineralization most commonly occurs in gold-bearing quartz-pyrite (± tourmaline) veins and as disseminated, stringer, semi-massive to massive pyrite with minor sphalerite, chalcopyrite and molybdenite associated with strong sericite and silica alteration. Mineralization is hosted along the intrusive contacts of a three-phase composite felsic porphyritic unit which cross-cuts felsic and mafic volcanic sequences.
Zone 27
Mineralization most commonly occurs as replacement-type characterized by 5% to 50% disseminated, stringer, semi-massive or stockwork pyrite, ptygmatic tourmaline veins, quartz-tourmaline crustiform veins, local quartz-carbonate veins, and local visible gold. Mineralization is associated with moderate to strong sericite, weak to strong silica, weak chlorite and carbonate and locally weak fuchsite and is hosted in strongly altered andesites, in or at the contact of the rhyolite, or along the contacts with felsic porphyritic intrusions.
Qualified Person
The scientific and technical content of this news release has been reviewed, prepared and approved by Mr. Louis Grenier, M.Sc.A., P.Geo. (OGQ 800), Director of Exploration for Osisko’s Windfall gold project, who is a “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
Quality Control and Reporting Protocols
True width determination is estimated at 55-80% of the reported core length interval for the zone. Assays are uncut except where indicated. Intercepts occur within geological confines of major zones but have not been correlated to individual vein domains at this time. Reported intervals include minimum weighted averages of 3.5 g/t Au diluted over core lengths of at least 2.0 metres. NQ core assays were obtained by either 1-kilogram screen fire assay or standard 50-gram fire-assaying-AA finish or gravimetric finish at (i) ALS Laboratories in Val d’Or, Québec, Vancouver, British Colombia, Lima, Peru or Vientiane, Laos (ii) Bureau Veritas in Timmins, Ontario. The 1-kilogram screen assay method is selected by the geologist when samples contain coarse gold or present a higher percentage of pyrite than surrounding intervals. Selected samples are also analyzed for multi-elements, including silver, using a Four Acid Digestion-ICP-MS method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control (“QA/QC”) and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples for QA/QC purposes by the Corporation as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assay.
About the Windfall Gold Deposit
The Windfall gold deposit is located between Val-d’Or and Chibougamau in the Abitibi region of Québec, Canada. The Mineral Resource Estimate (“MRE“) defined by Osisko, as disclosed in the news release dated February 17, 2021 is supported by the technical report entitled “Preliminary Economic Assessment Update for the Windfall Project” dated April 26, 2021 (that includes Windfall Mineral Resource Estimate with an effective date of November 30, 2020), and assuming a cut-off grade of 3.50 g/t Au, comprises 521,000 tonnes at 11.3 g/t Au (189,000 ounces) in the measured mineral resource category, 5,502,000 tonnes at 9.4 g/t Au (1,668,000 ounces) in the indicated mineral resource category and 16,401,000 tonnes at 8.0 g/t Au (4,244,000 ounces) in the inferred mineral resource category. The key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in the February 17, 2021 news release are further described in the full technical report prepared by BBA Inc. in accordance with NI 43-101 and is available on SEDAR (www.sedar.com) under the Corporation’s issuer profile. The Windfall gold deposit is currently one of the highest-grade resource-stage gold projects in Canada and has world-class scale. Mineralization occurs in three principal zones: Lynx, Main Zone, and Underdog. Mineralization is generally comprised of sub-vertical zones following intrusive porphyry contacts plunging to the northeast. The resources are defined from surface to a depth of 1,600 metres as it now includes the Triple 8 (T8) zone. The resources excluding T8 are defined from surface to a depth of 1,200 metres. The deposit remains open along strike and at depth. Mineralization has been identified at surface in some areas and as deep as 2,625 metres in others with significant potential to extend mineralization down-plunge and at depth.
About Osisko Mining Inc.
Osisko is a mineral exploration company focused on the acquisition, exploration, and development of gold resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry area and nearby Quévillon area (over 2,600 square kilometres).
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations 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 to 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 the forward-looking information pertaining to, among other things: the Windfall gold deposit being one of the highest-grade resource-stage gold projects in Canada and having world-class scale; the key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in this news release; the prospects, if any, of the Windfall gold deposit; timing and ability of Osisko to file a technical report for the mineral resource estimate disclosed in this news release; the timing and ability of Osisko, if at all, to publish a feasibility study for the Windfall gold deposit; the amount and type of drilling to be completed and the timing to complete such drilling; the focus of the remaining infill drilling; the trend of grade increase; the Lynx zone remaining open to expansion down plunge; upgrading a inferred mineral resource to a measured mineral resource or indicated mineral resource category; future drilling at the Windfall gold deposit; the significance of historic exploration activities and results. Such factors include, among others, risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management’s geological modelling; the ability of Osisko to complete further exploration activities, including (infill) drilling; property and royalty interests in the Windfall gold deposit; the ability of the Corporation to obtain required approvals; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
CONTACT INFORMATION:
John Burzynski
Chief Executive Officer
Telephone (416) 363-8653
OSISKO WINDFALL DRILLING CONTINUES TO INTERCEPT HIGH-GRADE ACROSS THE WINDFALL DEPOSIT
576 g/t Au over 2.7 metres in Triple Lynx
93.1 g/t Au over 3.0 metres in Caribou
22.3 g/t Au over 4.4 metres in Underdog
(Toronto, December 2, 2021) Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
Significant new analytical results presented below include 135 intercepts in 37 drill holes (18 from surface, 19 from underground) and 22 wedges. The infill intercepts are located inside defined February 2021 mineral resource estimate (“MRE”) blocks (see Osisko news release dated February 17, 2021). The expansion intercepts are located outside the February 2021 MRE blocks and either expand resource wireframes or are in a defined zone or corridor but do not yet correlate to a specific wireframe.
Osisko Chief Executive Officer John Burzynski commented: “Though the main infill drill campaign at Windfall has been successfully completed in support of the upcoming mineral resource estimate update, we continue with targeted infill and expansion drilling. Today’s results are part of this continuing program and clearly demonstrate Windfall’s growth upside, especially the expansion results”.
Selected high-grade intercepts include: 576 g/t Au over 2.7 metres, 17.6 g/t Au over 10.6 metres and 15.7 g/t Au over 8.1 metres in OSK-W-21-2587; 221 g/t Au over 2.0 metres in WST-21-0877; 127 g/t Au over 2.6 metres in OSK-W-21-2537-W3; 93.1 g/t Au over 3.0 metres in OSK-W-21-2606; 28.6 g/t Au over 4.9 metres in OSK-W-21-2540-W4; 34.7 g/t Au over 3.8 metres in OSK-W-21-1963-W8; 37.4 g/t Au over 3.0 metres in OSK-W-21-1963-W7, 15.4 g/t Au over 6.8 metres in WST-21-0857A and 22.3 g/t Au over 4.4 metres in OSK-W-21-2532-W3. Maps showing hole locations and full analytical results are available at www.osiskomining.com.
Infill Drilling
| Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) uncut | Au (g/t) cut to 100 g/t | Zone | Corridor |
| OSK-W-21-1949-W11 | 1047.2 | 1049.6 | 2.4 | 3.57 | LX4_3430 | Lynx 4 | |
| 1053.6 | 1059.0 | 5.4 | 5.31 | LX4_3434 | Lynx 4 | ||
| OSK-W-21-1963-W7 | 1331.6 | 1334.6 | 3.0 | 37.4 | LX4_3449 | Lynx 4 | |
| including | 1331.6 | 1332.3 | 0.7 | 99.1 | |||
| 1345.0 | 1347.0 | 2.0 | 4.96 | LX4_3445 | Lynx 4 | ||
| including | 1345.6 | 1346.2 | 0.6 | 13.1 | |||
| 1374.0 | 1376.0 | 2.0 | 19.8 | LX4_3445 | Lynx 4 | ||
| including | 1374.7 | 1375.4 | 0.7 | 38.8 | |||
| 1378.8 | 1382.5 | 3.7 | 6.39 | LX4_3445 | Lynx 4 | ||
| OSK-W-21-1963-W8 | 1340.7 | 1344.5 | 3.8 | 34.7 | 26.1 | LX4_3449 | Lynx 4 |
| including | 1341.6 | 1342.1 | 0.5 | 166 | 100 | ||
| OSK-W-21-2287-W7 | 1138.0 | 1140.2 | 2.2 | 4.78 | LX4_3453 | Lynx 4 | |
| including | 1139.6 | 1140.2 | 0.6 | 16.5 | |||
| 1219.8 | 1222.0 | 2.2 | 6.56 | LX4_3449 | Lynx 4 | ||
| including | 1220.3 | 1221.0 | 0.7 | 19.7 | |||
| OSK-W-21-2287-W9 | 1237.2 | 1239.4 | 2.2 | 6.50 | LX4_3449 | Lynx 4 | |
| OSK-W-21-2400-W1 | 672.0 | 674.0 | 2.0 | 3.63 | CA1 | Caribou | |
| including | 672.4 | 672.7 | 0.3 | 23.1 | |||
| 762.0 | 764.0 | 2.0 | 4.43 | CA2_2208 | Caribou | ||
| 820.0 | 822.3 | 2.3 | 4.03 | CA2_2218 | Caribou | ||
| OSK-W-21-2416-W7 | 939.9 | 944.0 | 4.1 | 9.01 | TLX_3161 | Triple Lynx | |
| including | 940.3 | 941.0 | 0.7 | 24.2 | |||
| 966.6 | 969.0 | 2.4 | 9.84 | TLX_3163 | Triple Lynx | ||
| 985.0 | 987.1 | 2.1 | 8.85 | TLX_3163 | Triple Lynx | ||
| including | 986.0 | 986.3 | 0.3 | 36.3 | |||
| 1006.0 | 1008.1 | 2.1 | 6.21 | TLX_3164 | Triple Lynx | ||
| including | 1007.8 | 1008.1 | 0.3 | 35.5 | |||
| 1051.5 | 1053.5 | 2.0 | 20.2 | TLX_3170 | Triple Lynx | ||
| 1086.0 | 1089.0 | 3.0 | 4.33 | TLX_3172 | Triple Lynx | ||
| 1096.0 | 1098.2 | 2.2 | 7.08 | TLX_3193 | Triple Lynx | ||
| including | 1097.1 | 1097.6 | 0.5 | 21.4 | |||
| OSK-W-21-2479-W10 | 464.0 | 466.0 | 2.0 | 4.52 | Z27_1203 | Zone 27 | |
| including | 464.7 | 465.2 | 0.5 | 13.2 | |||
| 694.1 | 696.4 | 2.3 | 6.32 | UDD_4100 | Underdog | ||
| OSK-W-21-2479-W11 | 709.7 | 712.0 | 2.3 | 9.08 | UDD_4102 | Underdog | |
| including | 709.7 | 710.0 | 0.3 | 22.5 | |||
| and | 710.3 | 710.7 | 0.4 | 33.3 | |||
| OSK-W-21-2531-W3 | 635.0 | 637.6 | 2.6 | 5.99 | CA2_2206 | Caribou | |
| including | 636.7 | 637.6 | 0.9 | 13.9 | |||
| OSK-W-21-2531-W4 | 870.6 | 872.6 | 2.0 | 4.42 | UDD_4100 | Underdog | |
| 1043.5 | 1045.7 | 2.2 | 3.56 | UDD_4915 | Underdog | ||
| 1075.7 | 1077.7 | 2.0 | 3.50 | UDD_4501 | Underdog | ||
| including | 1075.7 | 1076.0 | 0.3 | 16.1 | |||
| OSK-W-21-2532-W3 | 909.0 | 911.0 | 2.0 | 7.17 | UDD_4106 | Underdog | |
| 1036.0 | 1038.0 | 2.0 | 4.23 | UDD_4911 | Underdog | ||
| 1081.6 | 1086.0 | 4.4 | 22.3 | 20.6 | UDD_4513 | Underdog | |
| including | 1084.7 | 1085.4 | 0.7 | 111 | 100 | ||
| 1139.0 | 1141.0 | 2.0 | 6.04 | UDD_4512 | Underdog | ||
| OSK-W-21-2537-W3 | 908.0 | 910.6 | 2.6 | 127 | 61.2 | TLX_3161 | Triple Lynx |
| including | 909.1 | 910.0 | 0.9 | 276 | 100 | ||
| OSK-W-21-2551-W4 | 834.6 | 836.8 | 2.2 | 15.9 | LX4_3424 | Lynx 4 | |
| including | 836.3 | 836.8 | 0.5 | 67.7 | |||
| 887.6 | 889.9 | 2.3 | 28.9 | LX4_3414 | Lynx 4 | ||
| including | 889.4 | 889.9 | 0.5 | 90.1 | |||
| 900.0 | 902.0 | 2.0 | 3.75 | LX4_3437 | Lynx 4 | ||
| 911.0 | 913.0 | 2.0 | 7.13 | LX4_3437 | Lynx 4 | ||
| OSK-W-21-2578 | 156.0 | 158.0 | 2.0 | 14.6 | CA1_2505 | Caribou | |
| including | 157.0 | 158.0 | 1.0 | 28.8 | |||
| 165.9 | 168.0 | 2.1 | 9.77 | CA1_2505 | Caribou | ||
| 178.0 | 180.0 | 2.0 | 6.42 | CA1_2505 | Caribou | ||
| OSK-W-21-2578-W2 | 606.0 | 608.0 | 2.0 | 3.60 | UDD_4100 | Underdog | |
| OSK-W-21-2587 | 1042.5 | 1046.0 | 3.5 | 7.33 | TLX_3164 | Triple Lynx | |
| 1073.0 | 1077.0 | 4.0 | 21.3 | TLX_3162 | Triple Lynx | ||
| including | 1075.8 | 1077.0 | 1.2 | 42.9 | |||
| 1098.4 | 1101.1 | 2.7 | 576 | 20.0 | TLX_3170 | Triple Lynx | |
| including | 1100.7 | 1101.1 | 0.4 | 3850 | 100 | ||
| 1104.1 | 1112.2 | 8.1 | 15.7 | TLX_3170 | Triple Lynx | ||
| including | 1107.7 | 1108.1 | 0.4 | 63.1 | |||
| OSK-W-21-2589-W2 | 736.2 | 738.5 | 2.3 | 34.9 | TLX_3171 | Triple Lynx | |
| including | 737.1 | 738.0 | 0.9 | 88.1 | |||
| OSK-W-21-2600 | 650.3 | 652.5 | 2.2 | 6.14 | UDD_4914 | Underdog | |
| including | 650.3 | 650.6 | 0.3 | 14.2 | |||
| OSK-W-21-2606 | 699.0 | 702.0 | 3.0 | 93.1 | 63.0 | CA2_2208 | Caribou |
| including | 700.0 | 701.0 | 1.0 | 191 | 100 | ||
| OSK-W-21-2609 | 638.0 | 640.0 | 2.0 | 6.33 | CA2_2237 | Caribou | |
| including | 638.9 | 639.5 | 0.6 | 16.0 | |||
| OSK-W-21-2612 | 377.0 | 383.0 | 6.0 | 4.71 | Z27_1102 | Zone 27 | |
| OSK-W-21-2615 | 193.7 | 195.7 | 2.0 | 4.01 | WFN_7009 | Windfall North | |
| OSK-W-21-2618 | 207.0 | 209.0 | 2.0 | 5.86 | WFN_7009 | Windfall North | |
| OSK-W-21-2620 | 701.0 | 703.0 | 2.0 | 4.59 | CAE_2547 | Caribou | |
| OSK-W-21-2622 | 191.4 | 193.4 | 2.0 | 7.29 | WFN_7010 | Windfall North | |
| including | 192.8 | 193.4 | 0.6 | 24.1 | |||
| OSK-W-21-2627 | 57.0 | 59.0 | 2.0 | 20.6 | WFN_7003 | Windfall North | |
| including | 57.6 | 58.6 | 1.0 | 39.9 | |||
| WST-21-0649 | 541.0 | 543.0 | 2.0 | 21.8 | 16.7 | LX4_3450 | Lynx 4 |
| including | 541.7 | 542.0 | 0.3 | 134 | 100 | ||
| WST-21-0784 | 265.0 | 267.1 | 2.1 | 3.52 | TLX_3161 | Triple Lynx | |
| including | 266.3 | 266.8 | 0.5 | 14.0 | |||
| WST-21-0855B | 562.7 | 566.6 | 3.9 | 14.0 | LX4_3440 | Lynx 4 | |
| including | 566.3 | 566.6 | 0.3 | 58.7 | |||
| WST-21-0859 | 277.3 | 280.2 | 2.9 | 17.5 | LSW_3508 | Lynx SW | |
| including | 278.3 | 278.7 | 0.4 | 66.7 | |||
| 347.0 | 349.0 | 2.0 | 29.6 | 19.5 | TLX_3166 | Triple Lynx | |
| including | 347.9 | 348.2 | 0.3 | 167 | 100 | ||
| WST-21-0868A | 196.0 | 198.1 | 2.1 | 44.6 | TLX_3161 | Triple Lynx | |
| 302.0 | 305.0 | 3.0 | 6.14 | TLX_3182 | Triple Lynx | ||
| 336.0 | 338.0 | 2.0 | 5.50 | TLX_3131 | Triple Lynx | ||
| WST-21-0877 | 79.6 | 81.6 | 2.0 | 4.51 | LXM_3339 | Lynx | |
| including | 80.9 | 81.6 | 0.7 | 12.6 | |||
| WST-21-0879 | 669.5 | 671.5 | 2.0 | 19.6 | LX4_3412 | Lynx 4 | |
| including | 669.5 | 670.5 | 1.0 | 39.1 | |||
| WST-21-0899C | 213.1 | 215.3 | 2.2 | 5.80 | LSW_3507 | Lynx SW | |
| 313.1 | 315.4 | 2.3 | 6.04 | LSW_3556 | Lynx SW | ||
| WST-21-0901 | 313.0 | 315.0 | 2.0 | 7.51 | LHW_3215 | Lynx HW | |
| WST-21-0906A | 357.5 | 359.7 | 2.2 | 4.42 | LSW_3556 | Lynx SW | |
| WST-21-0910A | 396.3 | 399.0 | 2.7 | 11.1 | LSW_3556 | Lynx SW | |
| including | 397.9 | 398.6 | 0.7 | 30.1 |
Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below. CA1 and CA2 = Caribou, LX4 = Lynx 4, LHW = Lynx Hanging Wall, LXM = Lynx Main, LSW = Lynx Southwest, TLX = Triple Lynx, UDD = Underdog, WNF = Windfall North and Z27 = Zone 27.
Expansion Drilling
| Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) uncut | Au (g/t) cut to 100 g/t | Zone | Corridor |
| OSK-W-21-1871-W1 | 844.0 | 846.0 | 2.0 | 5.55 | UDD | Underdog | |
| OSK-W-21-1949-W11 | 1028.1 | 1030.2 | 2.1 | 17.6 | LX4 | Lynx 4 | |
| including | 1029.2 | 1029.6 | 0.4 | 72.0 | |||
| 1068.0 | 1071.4 | 3.4 | 3.66 | LX4 | Lynx 4 | ||
| 1101.7 | 1103.8 | 2.1 | 4.73 | LX4 | Lynx 4 | ||
| including | 1102.4 | 1102.7 | 0.3 | 22.9 | |||
| OSK-W-21-2287-W9 | 943.6 | 945.6 | 2.0 | 4.57 | LX4 | Lynx 4 | |
| including | 943.6 | 944.1 | 0.5 | 18.2 | |||
| OSK-W-21-2416-W6 | 986.0 | 988.3 | 2.3 | 9.75 | TLX | Triple Lynx | |
| OSK-W-21-2479-W11 | 470.7 | 472.8 | 2.1 | 8.28 | Z27 | Zone 27 | |
| including | 470.7 | 471.1 | 0.4 | 27.5 | |||
| 773.0 | 775.2 | 2.2 | 5.95 | UDD | Underdog | ||
| 879.7 | 882.0 | 2.3 | 6.37 | UDD | Underdog | ||
| including | 879.7 | 880.4 | 0.7 | 20.5 | |||
| OSK-W-21-2522-W4 | 754.0 | 756.2 | 2.2 | 6.14 | Lynx | Lynx | |
| OSK-W-21-2532-W3 | 691.9 | 694.0 | 2.1 | 12.6 | UDD | Underdog | |
| including | 691.9 | 692.8 | 0.9 | 28.7 | |||
| 1089.0 | 1091.0 | 2.0 | 15.0 | UDD | Underdog | ||
| including | 1089.4 | 1090.0 | 0.6 | 37.7 | |||
| OSK-W-21-2540-W4 | 978.7 | 983.6 | 4.9 | 28.6 | TLX | Triple Lynx | |
| including | 983.0 | 983.6 | 0.6 | 74.9 | |||
| OSK-W-21-2540-W5 | 936.0 | 940.8 | 4.8 | 11.0 | TLX | Triple Lynx | |
| OSK-W-21-2540-W6 | 931.0 | 933.2 | 2.2 | 9.62 | TLX | Triple Lynx | |
| OSK-W-21-2548 | 235.5 | 238.5 | 3.0 | 3.70 | BCT | Bobcat | |
| 252.3 | 254.5 | 2.2 | 3.64 | BCT | Bobcat | ||
| 358.0 | 360.1 | 2.1 | 4.19 | BCT | Bobcat | ||
| OSK-W-21-2578 | 376.8 | 380.3 | 3.5 | 10.6 | Z27 | Zone 27 | |
| 691.1 | 693.2 | 2.1 | 10.8 | UDD | Underdog | ||
| including | 692.6 | 692.9 | 0.3 | 67.0 | |||
| OSK-W-21-2578-W2 | 590.0 | 592.0 | 2.0 | 7.84 | UDD | Underdog | |
| including | 590.0 | 590.8 | 0.8 | 19.0 | |||
| 706.0 | 709.2 | 3.2 | 6.00 | UDD | Underdog | ||
| 917.9 | 920.1 | 2.2 | 4.10 | UDD | Underdog | ||
| including | 919.3 | 919.6 | 0.3 | 27.8 | |||
| OSK-W-21-2587 | 978.4 | 989.0 | 10.6 | 17.6 | 17.6 | TLX | Triple Lynx |
| including | 982.3 | 983.0 | 0.7 | 101 | 100 | ||
| and | 983.0 | 983.7 | 0.7 | 77.2 | |||
| 1054.0 | 1056.0 | 2.0 | 5.53 | TLX | Triple Lynx | ||
| 1060.0 | 1062.0 | 2.0 | 9.86 | TLX | Triple Lynx | ||
| including | 1061.0 | 1062.0 | 1.0 | 18.3 | |||
| OSK-W-21-2593 | 696.4 | 698.5 | 2.1 | 7.44 | LX4 | Lynx 4 | |
| including | 696.4 | 697.0 | 0.6 | 17.9 | |||
| OSK-W-21-2595 | 343.7 | 346.3 | 2.6 | 12.0 | CAE | Caribou | |
| including | 345.9 | 346.3 | 0.4 | 52.1 | |||
| 456.0 | 458.0 | 2.0 | 5.39 | CAE | Caribou | ||
| including | 457.2 | 457.6 | 0.4 | 26.4 | |||
| 527.7 | 530.1 | 2.4 | 8.50 | CAE | Caribou | ||
| including | 528.1 | 528.7 | 0.6 | 24.9 | |||
| 559.0 | 561.0 | 2.0 | 5.68 | CAE | Caribou | ||
| including | 559.3 | 559.9 | 0.6 | 16.2 | |||
| 568.8 | 571.3 | 2.5 | 7.32 | CAE | Caribou | ||
| including | 570.9 | 571.3 | 0.4 | 17.5 | |||
| 646.5 | 648.5 | 2.0 | 9.53 | CAE | Caribou | ||
| including | 646.5 | 647.0 | 0.5 | 36.0 | |||
| 651.0 | 653.2 | 2.2 | 24.7 | CAE | Caribou | ||
| including | 652.7 | 653.2 | 0.5 | 98.5 | |||
| OSK-W-21-2606 | 581.0 | 583.7 | 2.7 | 5.99 | CAE | Caribou | |
| including | 583.1 | 583.7 | 0.6 | 26.8 | |||
| OSK-W-21-2609 | 646.3 | 648.4 | 2.1 | 25.6 | CA2 | Caribou | |
| including | 646.8 | 647.4 | 0.6 | 84.3 | |||
| OSK-W-21-2610 | 534.7 | 536.7 | 2.0 | 4.57 | CAE | Caribou | |
| OSK-W-21-2612 | 301.7 | 303.8 | 2.1 | 13.2 | Z27 | Zone 27 | |
| 309.0 | 311.0 | 2.0 | 7.35 | Z27 | Zone 27 | ||
| OSK-W-21-2616 | 208.3 | 210.3 | 2.0 | 4.01 | WFN | Windfall North | |
| OSK-W-21-2623 | 170.0 | 172.0 | 2.0 | 5.36 | WFN | Windfall North | |
| 195.0 | 197.5 | 2.5 | 4.86 | WFN | Windfall North | ||
| including | 196.7 | 197.5 | 0.8 | 13.8 | |||
| OSK-W-21-2624 | 18.0 | 20.0 | 2.0 | 10.8 | WFN | Windfall North | |
| WST-21-0771C | 285.2 | 287.6 | 2.4 | 4.46 | LSW | Lynx SW | |
| WST-21-0855B | 505.5 | 507.8 | 2.3 | 13.0 | LX4 | Lynx 4 | |
| including | 505.5 | 506.2 | 0.7 | 30.8 | |||
| WST-21-0857A | 38.0 | 40.4 | 2.4 | 18.4 | LXM | Lynx | |
| including | 39.4 | 40.0 | 0.6 | 66.3 | |||
| 363.2 | 370.0 | 6.8 | 15.4 | 14.8 | TLX | Triple Lynx | |
| including | 363.9 | 364.6 | 0.7 | 106 | 100 | ||
| 463.2 | 465.3 | 2.1 | 4.46 | TLX | Triple Lynx | ||
| including | 464.4 | 465.3 | 0.9 | 8.32 | |||
| WST-21-0860 | 245.9 | 248.1 | 2.2 | 5.87 | TLX | Triple Lynx | |
| including | 246.5 | 247.0 | 0.5 | 24.4 | |||
| WST-21-0863 | 388.0 | 390.0 | 2.0 | 8.66 | TLX | Triple Lynx | |
| WST-21-0868A | 228.0 | 231.0 | 3.0 | 4.31 | TLX | Triple Lynx | |
| 234.0 | 236.5 | 2.5 | 5.34 | TLX | Triple Lynx | ||
| 241.5 | 243.5 | 2.0 | 5.85 | TLX | Triple Lynx | ||
| 373.6 | 375.9 | 2.3 | 5.88 | TLX | Triple Lynx | ||
| 559.2 | 561.5 | 2.3 | 7.11 | LX4 | Lynx 4 | ||
| WST-21-0877 | 307.7 | 309.7 | 2.0 | 221 | 15.1 | LSW | Lynx SW |
| including | 309.1 | 309.4 | 0.3 | 1475 | 100 | ||
| WST-21-0885B | 148.5 | 150.5 | 2.0 | 6.49 | LSW | Lynx SW | |
| including | 149.5 | 150.5 | 1.0 | 13.0 | |||
| 296.5 | 300.5 | 4.0 | 12.8 | LSW | Lynx SW | ||
| WST-21-0886 | 100.6 | 102.7 | 2.1 | 11.8 | BCT | Bobcat | |
| including | 101.7 | 102.4 | 0.7 | 30.5 | |||
| WST-21-0898 | 391.7 | 394.7 | 3.0 | 28.2 | TLX | Triple Lynx | |
| including | 392.8 | 394.0 | 1.2 | 61.9 | |||
| WST-21-0899B | 164.9 | 167.0 | 2.1 | 6.35 | LSW | Lynx SW | |
| 220.2 | 225.3 | 5.1 | 10.2 | LSW | Lynx SW | ||
| including | 220.2 | 221.0 | 0.8 | 25.8 | |||
| WST-21-0899C | 372.0 | 374.0 | 2.0 | 8.81 | LSW | Lynx SW | |
| including | 373.2 | 373.6 | 0.4 | 43.7 | |||
| WST-21-0910A | 97.2 | 99.3 | 2.1 | 4.04 | BCT | Bobcat | |
| including | 98.1 | 98.7 | 0.6 | 13.9 | |||
| 169.5 | 171.5 | 2.0 | 10.3 | LSW | Lynx SW | ||
| including | 171.0 | 171.5 | 0.5 | 39.0 | |||
| 290.0 | 292.0 | 2.0 | 21.2 | LSW | Lynx SW | ||
| including | 290.3 | 291.0 | 0.7 | 55.9 |
Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below. BCT = Bobcat, CAE and CA2 = Caribou, LSW = Lynx Southwest, LXM = Lynx Main, LX4 = Lynx 4, TLX = Triple Lynx, UDD = Underdog, WFN = Windfall North and Z27 = Zone 27.
Drill hole location
| Hole Number | Azimuth (°) | Dip
(°) |
Length
(m) |
UTM E | UTM N | Elevation | Section |
| OSK-W-21-1871-W1 | 331 | -56 | 1119 | 452496 | 5434397 | 402 | 2475 |
| OSK-W-21-1949-W11 | 105 | -57 | 1314 | 453440 | 5435479 | 401 | 3825 |
| OSK-W-21-1963-W7 | 123 | -58 | 1431 | 453761 | 5435816 | 401 | 4275 |
| OSK-W-21-1963-W8 | 123 | -58 | 1452 | 453761 | 5435816 | 401 | 4275 |
| OSK-W-21-2287-W7 | 116 | -53 | 1320 | 453607 | 5435714 | 404 | 4075 |
| OSK-W-21-2287-W9 | 116 | -53 | 1329 | 453607 | 5435714 | 404 | 4075 |
| OSK-W-21-2400-W1 | 336 | -53 | 861 | 452878 | 5434419 | 401 | 2825 |
| OSK-W-21-2416-W6 | 123 | -54 | 990 | 453169 | 5435624 | 412 | 3650 |
| OSK-W-21-2416-W7 | 123 | -54 | 1104 | 453169 | 5435624 | 412 | 3650 |
| OSK-W-21-2479-W10 | 344 | -55 | 807 | 452315 | 5434420 | 399 | 2325 |
| OSK-W-21-2479-W11 | 344 | -55 | 1005 | 452315 | 5434420 | 399 | 2325 |
| OSK-W-21-2522-W4 | 128 | -54 | 1208 | 453450 | 5435592 | 411 | 3900 |
| OSK-W-21-2531-W3 | 344 | -62 | 1329 | 452566 | 5434415 | 403 | 2550 |
| OSK-W-21-2531-W4 | 344 | -62 | 1203 | 452566 | 5434415 | 403 | 2550 |
| OSK-W-21-2532-W3 | 341 | -60 | 1191 | 452478 | 5434430 | 401 | 2475 |
| OSK-W-21-2537-W3 | 114 | -54 | 1024 | 452981 | 5435549 | 420 | 3450 |
| OSK-W-21-2540-W4 | 117 | -60 | 1297 | 453465 | 5435640 | 410 | 3925 |
| OSK-W-21-2540-W5 | 117 | -60 | 1311 | 453465 | 5435640 | 410 | 3925 |
| OSK-W-21-2540-W6 | 117 | -60 | 1541 | 453465 | 5435640 | 410 | 3925 |
| OSK-W-21-2548 | 331 | -57 | 774 | 452832 | 5434545 | 398 | 2850 |
| OSK-W-21-2551-W4 | 120 | -55 | 1026 | 453622 | 5435635 | 405 | 4050 |
| OSK-W-21-2578 | 350 | -53 | 942 | 452178 | 5434397 | 399 | 2200 |
| OSK-W-21-2578-W2 | 350 | -53 | 924 | 452178 | 5434397 | 399 | 2200 |
| OSK-W-21-2587 | 127 | -59 | 1278 | 453350 | 5435673 | 418 | 3850 |
| OSK-W-21-2589-W2 | 130 | -49 | 969 | 452960 | 5435539 | 420 | 3425 |
| OSK-W-21-2593 | 18 | -76 | 833 | 454135 | 5435058 | 397 | 4225 |
| OSK-W-21-2595 | 150 | -60 | 742 | 452830 | 5435324 | 414 | 3225 |
| OSK-W-21-2600 | 329 | -50 | 789 | 452470 | 5434626 | 403 | 2550 |
| OSK-W-21-2606 | 325 | -61 | 774 | 452786 | 5434526 | 398 | 2800 |
| OSK-W-21-2609 | 338 | -62 | 711 | 452683 | 5434351 | 402 | 2625 |
| OSK-W-21-2610 | 153 | -62 | 684 | 452831 | 5435324 | 414 | 3225 |
| OSK-W-21-2612 | 333 | -51 | 717 | 452391 | 5434638 | 402 | 2500 |
| OSK-W-21-2615 | 338 | -60 | 258 | 452248 | 5435150 | 412 | 2625 |
| OSK-W-21-2616 | 341 | -56 | 264 | 452279 | 5435163 | 411 | 2650 |
| OSK-W-21-2618 | 330 | -56 | 248 | 452279 | 5435162 | 411 | 2650 |
| OSK-W-21-2620 | 145 | -59 | 723 | 452769 | 5435312 | 406 | 3150 |
| OSK-W-21-2622 | 328 | -63 | 249 | 452247 | 5435150 | 412 | 2625 |
| OSK-W-21-2623 | 336 | -50 | 279 | 452278 | 5435162 | 411 | 2650 |
| OSK-W-21-2624 | 351 | -47 | 93 | 452186 | 5435122 | 405 | 2550 |
| OSK-W-21-2627 | 155 | -45 | 105 | 452196 | 5435179 | 405 | 2600 |
| WST-21-0649 | 136 | -47 | 790 | 453258 | 5435211 | 98 | 3525 |
| WST-21-0771C | 127 | -52 | 357 | 452954 | 5435003 | 252 | 3175 |
| WST-21-0784 | 132 | -66 | 361 | 453507 | 5435327 | -7 | 3800 |
| WST-21-0855B | 118 | -45 | 751 | 453507 | 5435333 | -48 | 3800 |
| WST-21-0857A | 141 | -51 | 592 | 453322 | 5435236 | 54 | 3600 |
| WST-21-0859 | 133 | -66 | 499 | 453105 | 5435067 | 231 | 3325 |
| WST-21-0860 | 126 | -60 | 304 | 453508 | 5435328 | -7 | 3800 |
| WST-21-0863 | 135 | -64 | 403 | 453508 | 5435327 | -7 | 3800 |
| WST-21-0868A | 130 | -44 | 922 | 453374 | 5435296 | -26 | 3675 |
| WST-21-0877 | 158 | -60 | 490 | 453105 | 5435065 | 231 | 3325 |
| WST-21-0879 | 139 | -44 | 724 | 453258 | 5435209 | 96 | 3525 |
| WST-21-0885B | 145 | -53 | 377 | 452954 | 5435003 | 253 | 3175 |
| WST-21-0886 | 128 | -51 | 375 | 452954 | 5435004 | 253 | 3175 |
| WST-21-0898 | 141 | -61 | 402 | 453508 | 5435327 | -7 | 3800 |
| WST-21-0899B | 134 | -60 | 287 | 452955 | 5435004 | 253 | 3175 |
| WST-21-0899C | 139 | -58 | 434 | 452955 | 5435004 | 252 | 3175 |
| WST-21-0901 | 116 | -18 | 340 | 453462 | 5435327 | 32 | 3775 |
| WST-21-0906A | 133 | -58 | 381 | 453105 | 5435066 | 231 | 3325 |
| WST-21-0910A | 143 | -63 | 438 | 452954 | 5435004 | 252 | 3175 |
Bobcat
Mineralization most commonly occurs in gold-bearing quartz-pyrite veins controlled by northeast trending faults and shears and to a lesser extent in minor crustiform quartz-tourmaline-ankerite-pyrite veins and pyrite replacement zones and stockwork. Mineralization is hosted in sheared mafic volcanics, rhyolites near faults, or at the contact with felsic porphyritic intrusions.
Caribou Zone
Mineralization most commonly occurs in gold-bearing pyrite stockworks as well as semi-massive pyrite replacement zones associated with phyllic alteration (sericite-pyrite ± silica) with sulphides, pyrite dominated with minor chalcopyrite and sphalerite ranging from trace to up to 20%, and local visible gold. Mineralization is hosted in rhyolites or mafic-intermediate volcanics frequently at or near faults or the contact with felsic porphyritic intrusions.
Lynx Zone
Mineralization occurs as grey to translucent quartz-carbonate-pyrite-tourmaline veins and pyrite replacement zones and stockworks. Vein-type mineralization is associated with haloes of pervasive sericite-pyrite ± silica alteration and contain sulphides (predominantly pyrite with minor amounts of chalcopyrite, sphalerite, galena, arsenopyrite, and pyrrhotite) and local visible gold. Replacement mineralization is associated with strong pervasive silica-sericite-ankerite ± tourmaline alteration and contains disseminated pyrite from trace to 80% with local visible gold. Pyrite stockworks can form envelopes that reach several tens of metres thick. Fuchsite alteration is common and is spatially constrained to near the gabbros. Mineralization occurs at or near geological contacts between felsic porphyritic or fragmental intrusions and the host rhyolites or gabbros and locally can be hosted along the gabbro-rhyolite contact.
Underdog
Mineralization most commonly occurs in gold-bearing quartz-pyrite (± tourmaline) veins and as disseminated, stringer, semi-massive to massive pyrite with minor sphalerite, chalcopyrite and molybdenite associated with strong sericite and silica alteration. Mineralization is hosted along the intrusive contacts of a three-phase composite felsic porphyritic unit which cross-cuts felsic and mafic volcanic sequences.
Zone 27
Mineralization most commonly occurs as replacement-type characterized by 5% to 50% disseminated, stringer, semi-massive or stockwork pyrite, ptygmatic tourmaline veins, quartz-tourmaline crustiform veins, local quartz-carbonate veins, and local visible gold. Mineralization is associated with moderate to strong sericite, weak to strong silica, weak chlorite and carbonate and locally weak fuchsite and is hosted in strongly altered andesites, in or at the contact of the rhyolite, or along the contacts with felsic porphyritic intrusions.
Windfall North
Mineralization is hosted in sheared andesites and most commonly occurs in gold-bearing quartz veins with trace to 10% pyrite, traces of sphalerite and chalcopyrite, and local visible gold. Mineralization is hosted in a silica-carbonate-sericite alteration envelope and is constrained within shear zones with pervasive sericite-carbonate ± fuchsite ± silica alteration.
Qualified Person
The scientific and technical content of this news release has been reviewed, prepared and approved by Mr. Louis Grenier, M.Sc.A., P.Geo. (OGQ 800), Director of Exploration for Osisko’s Windfall gold project, who is a “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
Quality Control and Reporting Protocols
True width determination is estimated at 55-80% of the reported core length interval for the zone. Assays are uncut except where indicated. Intercepts occur within geological confines of major zones but have not been correlated to individual vein domains at this time. Reported intervals include minimum weighted averages of 3.5 g/t Au diluted over core lengths of at least 2.0 metres. NQ core assays were obtained by either 1-kilogram screen fire assay or standard 50-gram fire-assaying-AA finish or gravimetric finish at (i) ALS Laboratories in Val d’Or, Québec, Vancouver, British Colombia, Lima, Peru or Vientiane, Laos (ii) Bureau Veritas in Timmins, Ontario. The 1-kilogram screen assay method is selected by the geologist when samples contain coarse gold or present a higher percentage of pyrite than surrounding intervals. Selected samples are also analyzed for multi-elements, including silver, using a Four Acid Digestion-ICP-MS method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control (“QA/QC”) and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples for QA/QC purposes by the Corporation as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assay.
About the Windfall Gold Deposit
The Windfall gold deposit is located between Val-d’Or and Chibougamau in the Abitibi region of Québec, Canada. The Mineral Resource Estimate (“MRE“) defined by Osisko, as disclosed in the news release dated February 17, 2021 is supported by the technical report entitled “Preliminary Economic Assessment Update for the Windfall Project” dated April 26, 2021 (that includes Windfall Mineral Resource Estimate with an effective date of November 30, 2020), and assuming a cut-off grade of 3.50 g/t Au, comprises 521,000 tonnes at 11.3 g/t Au (189,000 ounces) in the measured mineral resource category, 5,502,000 tonnes at 9.4 g/t Au (1,668,000 ounces) in the indicated mineral resource category and 16,401,000 tonnes at 8.0 g/t Au (4,244,000 ounces) in the inferred mineral resource category. The key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in the February 17, 2021 news release are further described in the full technical report prepared by BBA Inc. in accordance with NI 43-101 and is available on SEDAR (www.sedar.com) under the Corporation’s issuer profile. The Windfall gold deposit is currently one of the highest-grade resource-stage gold projects in Canada and has world-class scale. Mineralization occurs in three principal zones: Lynx, Main Zone, and Underdog. Mineralization is generally comprised of sub-vertical zones following intrusive porphyry contacts plunging to the northeast. The resources are defined from surface to a depth of 1,600 metres as it now includes the Triple 8 (T8) zone. The resources excluding T8 are defined from surface to a depth of 1,200 metres. The deposit remains open along strike and at depth. Mineralization has been identified at surface in some areas and as deep as 2,625 metres in others with significant potential to extend mineralization down-plunge and at depth.
About Osisko Mining Inc.
Osisko is a mineral exploration company focused on the acquisition, exploration, and development of gold resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry area and nearby Quévillon area (over 2,700 square kilometres).
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations 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 to 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 the forward-looking information pertaining to, among other things: the Windfall gold deposit being one of the highest-grade resource-stage gold projects in Canada and having world-class scale; the key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in this news release; the prospects, if any, of the Windfall gold deposit; timing and ability of Osisko to file a technical report for the mineral resource estimate disclosed in this news release; the timing and ability of Osisko, if at all, to publish a feasibility study for the Windfall gold deposit; the amount and type of drilling to be completed and the timing to complete such drilling; the focus of the remaining infill drilling; the trend of grade increase; the Lynx zone remaining open to expansion down plunge; upgrading a inferred mineral resource to a measured mineral resource or indicated mineral resource category; future drilling at the Windfall gold deposit; the significance of historic exploration activities and results. Such factors include, among others, risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management’s geological modelling; the ability of Osisko to complete further exploration activities, including (infill) drilling; property and royalty interests in the Windfall gold deposit; the ability of the Corporation to obtain required approvals; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
CONTACT INFORMATION:
John Burzynski
Chief Executive Officer
Telephone (416) 363-8653
Long Section infill EN 20211202
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