Osisko Intersects 86.7 g/t Au Over 4.3 Metres At Windfall

Mineralization Continues to be Confirmed in Caribou Extension

(Toronto, January 18, 2018)  Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. The 800,000 metre drill program combines definition, expansion and exploration drilling in and around the main Windfall gold deposit and the adjacent Lynx deposit (located immediately NE of Windfall).

Significant new analytical results from 148 intercepts in 84 drill holes and 5 wedges focused on infill and expansion drilling in the Main Windfall lake deposit are presented below.

  • New Underdog Zone discovered to SW
  • New mineralization discovered between the Mallard Zone and Zone 27.
  • New mineralization discovered near surface west of the main deposit.

Highlights from the new results include: 86.7 g/t Au over 4.3 metres in OSK-W-17-1345; 74.0 g/t Au over 2.5 metres and 29.6 g/t Au over 2.9 metres in OSK-W-17-1334; 48.6 g/t over 2.0 metres in OSK-OBM-15-565; 32.7 g/t Au over 2.8 metres in OSK-W-17-1233; 41.5 g/t Au over 2.0 metres and 24.8 g/t Au over 2.4 metres in OSK-OBM-16-678; 10.0 g/t Au over 8.1 metres in OSK-W-17-1317; 11.1 g/t Au over 6.9 metres in OSK-W-17-1125-W1; 29.2 g/t Au over 2.2 metres in OSK-W-17-1273; 11.6 g/t Au over 5.4 metres in OSK-W-17-1308; 25.2 g/t Au over 2.0 metres in OSK-W-17-1313;  and 20.5 g/t Au over 2.3 metres in OSK-W-17-1225. Maps showing hole locations and full analytical results are available at www.osiskomining.com.

Hole Number From (m) To (m) Interval (m) Au (g/t) uncut Au (g/t)
cut to
100 g/t
Zone Corridor
OSK-OBM-15-565 393.0 395.0 2.0 48.6   TBD Zone 27 –  Mallard
including 394.0 395.0 1.0 96.9  
OSK-OBM-16-678 256.0 258.4 2.4 24.8   Z27 Zone 27
including 257.5 258.4 0.9 65.4  
  318.0 320.0 2.0 41.5   Z27 Zone 27
including 319.0 320.0 1.0 82.8  
OSK-W-17-937-W1 786.4 788.6 2.2 3.21   Wolf 2 Caribou
OSK-W-17-937-W2 749.0 751.5 2.5 16.8   Wolf 2 HW Caribou
  811.0 813.0 2.0 9.01   Wolf 2 Caribou
including 811.3 811.8 0.5 25.2  
OSK-W-17-978 492.2 495.0 2.8 3.04   Caribou Ext. Caribou
OSK-W-17-989-W2 506.0 509.0 3.0 6.29   CS1 Caribou
including 506.0 507.0 1.0 16.0  
OSK-W-17-1002 284.0 286.0 2.0 5.07   Z27 Zone 27
including 284.6 285.0 0.4 16.5  
OSK-W-17-1014 176.6 180.0 3.4 6.27   Z27 Zone 27
including 178.4 179.0 0.6 30.0  
OSK-W-17-1051 51.0 53.4 2.4 3.94   VNCR F17
OSK-W-17-1052 721.0 723.3 2.3 3.81   Z27 Zone 27
including 721.8 722.1 0.3 21.9  
OSK-W-17-1053 74.7 79.8 5.1 5.06   Z27 Zone 27
including 79.2 79.8 0.6 38.2  
OSK-W-17-1073 97.2 101.4 4.2 3.11   VNCR  
OSK-W-17-1077 59.0 61.0 2.0 8.41   Z27 Zone 27
including 59.4 60.0 0.6 18.0  
OSK-W-17-1125-W1 368.0 370.1 2.1 4.01   CS3 Caribou
  445.0 447.0 2.0 7.57   Caribou FW Caribou
including 445.0 446.0 1.0 15.1  
  475.0 481.9 6.9 11.1   Wolf HW Caribou
including 479.0 481.0 2.0 26.5  
OSK-W-17-1125-W3 420.0 422.0 2.0 18.1   Caribou Caribou
including 421.0 422.0 1.0 36.1  
  501.0 503.0 2.0 10.2   Wolf Caribou
including 502.0 503.0 1.0 19.6  
OSK-W-17-1134 366.8 369.10 2.3 16.0   VNCR Mallard
including 366.8 367.5 0.7 50.6  
OSK-W-17-1135 115.0 117.4 2.4 3.33   Z27 Zone 27
OSK-W-17-1139 77.0 79.0 2.0 4.06   Shear Caribou
OSK-W-17-1140 326.0 328.4 2.4 3.94   Vein Caribou
including 328.1 328.4 0.3 29.7  
OSK-W-17-1141 87.0 91.1 4.1 4.00   Z27 Zone 27
OSK-W-17-1145 64.3 67.5 3.2 4.01   Z27 FW Zone 27
including 66.5 67.5 1.0 10.2  
OSK-W-17-1159 538.0 540.0 2.0 4.99   Caribou Ext. Caribou
OSK-W-17-1163 356.0 358.0 2.0 9.60   No Name TBD 
including 356.0 357.0 1.0 19.1  
OSK-W-17-1164 120.7 123.0 2.3 3.37   Z27 Zone 27
OSK-W-17-1184 50.0 52.0 2.0 4.21   Z27 HW Zone 27
including 50.5 51.0 0.5 16.8  
  164.9 167.5 2.6 4.64   Z27 Zone 27
including 166.6 167.5 0.9 13.0  
OSK-W-17-1186 407.5 410.5 3.0 12.3   CN2 Caribou
including 407.5 409.0 1.5 24.4  
  502.0 504.5 2.5 3.49   Z27 HW Zone 27
including 502.0 503.0 1.0 8.61  
OSK-W-17-1188 99.2 101.8 2.6 16.8   Z27 Zone 27
including 100.2 100.8 0.6 67.9  
OSK-W-17-1191 194.2 197.0 2.8 13.9   Z27 Zone 27
including 194.2 194.8 0.6 63.4  
  200.5 202.6 2.1 7.46   Z27 Zone 27
including 201.5 202.6 1.1 13.9  
OSK-W-17-1194 325.5 331.4 5.9 3.12   New Zone North of Mallard
including 325.5 326.1 0.6 23.8  
OSK-W-17-1196 185.0 187.0 2.0 15.7   Z27 FW Zone 27
including 186.6 187.0 0.4 72.5  
OSK-W-17-1198 186.9 194.4 7.5 3.47   Z27 Zone 27
including 186.9 188.1 1.2 12.6  
OSK-W-17-1200 245.1 248.0 2.9 3.00   New Zone Caribou
including 247.1 248.0 0.9 8.74  
OSK-W-17-1202 554.8 557.0 2.2 8.71   Caribou Ext. Caribou
including 554.8 555.6 0.8 23.2  
OSK-W-17-1203 269.0 272.0 3.0 6.76   Mallard Mallard
including 270.2 270.7 0.5 31.7  
OSK-W-17-1207 8.0 10.3 2.3 5.94   Drake Mallard
including 8.0 8.8 0.8 14.3  
  182.6 184.9 2.3 3.35   Mallard Mallard
OSK-W-17-1215 105.0 107.0 2.0 4.11   New Zone Underdog
OSK-W-17-1217 14.9 17.1 2.2 5.47   New Zone TBD 
including 15.6 16.4 0.8 14.4  
OSK-W-17-1225 9.0 12.3 3.3 5.77   New Zone TBD 
  201.3 203.6 2.3 9.58   Mallard HW Mallard
including 201.3 202.0 0.7 30.3  
  245.2 247.5 2.3 20.5   Mallard Mallard
including 245.2 246.4 1.2 39.1  
OSK-W-17-1227 926.0 929.4 3.4 6.56   Wolf Ext. Caribou
including 926.0 927.0 1.0 15.8  
  962.0 964.0 2.0 10.5   Wolf Ext. Caribou
  969.0 971.0 2.0 4.93   Wolf Ext. Caribou
OSK-W-17-1233 39.9 42.7 2.8 32.7   No Name  
including 40.5 41.6 1.1 81.3  
OSK-W-17-1239 226.0 228.0 2.0 4.11   Caribou Caribou
  255.2 258.0 2.8 10.4   Caribou Caribou
OSK-W-17-1247 326.0 329.0 3.0 3.00   New Zone Underdog
OSK-W-17-1256 315.0 317.2 2.2 3.11   Mallard Mallard
OSK-W-17-1264 71.1 74.5 3.4 6.33   Z27 HW Zone 27
including 71.4 71.9 0.5 41.4  
  166.5 169.0 2.5 6.88   Z27 Zone 27
including 167.4 167.7 0.3 54.0  
OSK-W-17-1265 738.7 741.0 2.3 5.34   Caribou Ext. Caribou
  940.8 942.8 2.0 13.0   Z27 Zone 27
including 941.2 942.2 1.0 25.7  
OSK-W-17-1267 101.6 104.0 2.4 3.04   Caribou Caribou
OSK-W-17-1268 83.0 85.0 2.0 5.51   New Zone Mallard
  161.0 163.0 2.0 9.39   Drake Mallard
  183.0 186.0 3.0 8.17   Z27 FW Zone 27
including 183.0 183.9 0.9 23.8  
  266.3 268.4 2.1 4.84   Z27 Zone 27
including 266.3 266.8 0.5 15.0  
OSK-W-17-1269 69.5 72.0 2.5 3.10   Z27 HW Zone 27
  117.5 122.0 4.5 3.69   Z27 HW Zone 27
including 117.5 118.0 0.5 8.01  
  134.5 137.5 3.0 3.09   Z27 Zone 27
  146.0 148.4 2.4 3.47   Z27 Zone 27
  175.3 178.0 2.7 3.33   Z27 Zone 27
including 176.0 177.0 1.0 7.47  
OSK-W-17-1270 918.2 926.0 7.8 3.07   Caribou Ext. Caribou
  950.1 953.0 2.9 7.14   Vein Caribou
OSK-W-17-1273 155.9 158.0 2.1 6.72   Z27 Zone 27
including 157.1 158.0 0.9 14.1  
  164.5 167.0 2.5 16.4   Z27 Zone 27
including 165.7 166.2 0.5 80.9  
  171.0 173.2 2.2 29.2   Z27 Zone 27
OSK-W-17-1275 295.7 298.3 2.6 12.4   Caribou Caribou
including 297.8 298.3 0.5 53.2  
OSK-W-17-1276 176.0 178.8 2.8 12.6   Mallard Mallard
including 177.9 178.8 0.9 38.6  
  195.6 197.6 2.0 13.3   Mallard Mallard
including 196.0 196.3 0.3 86.9  
OSK-W-17-1279 146.7 148.9 2.2 4.56   Z27 Zone 27
OSK-W-17-1281 264.0 266.2 2.2 3.24   Caribou Caribou
including 264.9 265.4 0.5 13.3  
  425.0 428.0 3.0 3.25   Z27 Zone 27
  447.9 451.9 4.0 3.37   Z27 Zone 27
OSK-W-17-1282 95.8 98.9 3.1 8.06   Z27 FW Zone 27
OSK-W-17-1288 613.3 615.9 2.6 3.44   Caribou Ext. Caribou
OSK-W-17-1289 39.6 42.2 2.6 5.76   Z27 FW Zone 27
including 41.3 41.8 0.5 23.4  
  314.1 316.7 2.6 5.05   Mallard Mallard
including 315.7 316.4 0.7 13.8  
  368.3 370.8 2.5 3.22   Mallard Mallard
OSK-W-17-1291 282.0 284.0 2.0 3.65   Caribou Ext. Caribou
  305.0 307.0 2.0 11.4   Caribou Ext. Caribou
including 306.0 307.0 1.0 22.6  
OSK-W-17-1292 682.9 686.0 3.1 7.91   Wolf Caribou
including 682.9 683.2 0.3 21.5  
OSK-W-17-1293 584.7 590.0 5.3 3.10   Caribou Ext. Caribou
  601.5 608.0 6.5 3.58   Caribou Ext. Caribou
  645.5 648.0 2.5 3.63   Caribou Ext. Caribou
including 646.4 647.0 0.6 10.2  
OSK-W-17-1296 125.6 128.0 2.4 5.82   Z27 Zone 27
including 125.6 126.0 0.4 23.5  
OSK-W-17-1303 211.0 213.3 2.3 3.74   Caribou Ext. Caribou
OSK-W-17-1305 376.0 378.5 2.5 7.65   Caribou Caribou
including 378.1 378.5 0.4 40.9  
OSK-W-17-1306 987.0 989.6 2.6 14.7   Caribou Ext. Caribou
including 988.2 988.9 0.7 54.2  
OSK-W-17-1308 884.0 889.4 5.4 11.6   Wolf Ext. Caribou
including 888.6 888.9 0.3 66.7  
OSK-W-17-1312 43.0 46.5 3.5 7.56   Z27 HW Zone 27
OSK-W-17-1313 90.9 93.0 2.1 3.34   Caribou Caribou
  122.0 125.0 3.0 5.29   Caribou Caribou
  211.0 213.0 2.0 11.3   Z27 HW Zone 27
  456.0 458.0 2.0 25.2 15.0 Vein  
including 456.5 456.8 0.3 168 100
OSK-W-17-1317 182.9 191.0 8.1 10.0   Z27 Zone 27
including 186.9 188.0 1.1 54.3  
OSK-W-17-1319 215.3 217.3 2.0 7.42   Z27 Zone 27
including 217.0 217.3 0.3 22.8  
OSK-W-17-1320 463.0 465.0 2.0 11.9   Caribou Ext. Caribou
including 463.0 464.0 1.0 23.8  
  472.1 477.3 5.2 5.16   Caribou Ext. Caribou
including 472.1 473.4 1.3 14.1  
  801.0 803.0 2.0 6.04   Caribou Ext. Caribou
including 802.0 803.0 1.0 11.8  
OSK-W-17-1323 433.0 435.2 2.2 5.48   Vein Caribou
OSK-W-17-1326 159.0 161.0 2.0 8.32   Z27 Zone 27
including 160.0 161.0 1.0 16.0  
  180.0 183.3 3.3 6.13   Z27 Zone 27
including 183.0 183.3 0.3 45.1  
OSK-W-17-1332 25.0 27.0 2.0 8.27   New zone TBD 
including 26.2 27.0 0.8 18.8  
OSK-W-17-1333 503.0 506.5 3.5 18.4   Caribou Ext. Caribou
including 504.0 505.0 1.0 53.8  
  593.6 596.0 2.4 4.85   Caribou Ext. Caribou
including 593.6 594.3 0.7 13.8  
  628.0 630.4 2.4 5.89   Caribou Ext. Caribou
including 628.0 628.8 0.8 15.3  
OSK-W-17-1334 338.2 340.7 2.5 3.31