Company Updates From Management – Mon 30 Sep, 2019

Osisko Metals – Comprehensive Update On Pine Point, The Bathurst Mining Camp, and Quebec Exploration

Jeff Hussey, President and CEO of Osisko Metals (TSX.V:OM & OTCQX:OMZNF) joins me for a complete update on the zinc market and the work that is ongoing. We answer some of the questions that came in starting with Pine Point, the Bathurst Mining Camp, and greenfield exploration in Quebec.

Please email me with your questions for Jeff and his team – Fleck@kereport.com.

Click here to visit the Osisko Metals website and recap the recent news.

Company Updates From Management – Tue 7 May, 2019

Osisko Metals – Updates On The Bathurst Exploration Program, High Grade Results From Pine Point, and OTCQX Listing

Osisko Metals (TSX.V:OM & OTCQX:OMZNF) is continuing with another busy year. Recent high grade drill results out of the Pine Point Project and an OTCQX listing are just the start of a lot of news around the corner.

Jeff Hussy, President and CEO of Osisko Metals joins me to update us on the points above as well as a lot of information on the greenfield drill program underway at the Bathurst Mining Camp. There were a few questions that came in on the back of the high grade Pine Point results that Jeff addresses.

Please keep in touch and email me with any additional questions you have for Jeff or I – Fleck@kereport.com.

Click here for a recap of the recent Osisko Metals news.

Weekend Show – Sat 9 Mar, 2019

Hour 1 – Post-PDAC Rumors, Themes, and Company Updates
Full First Hour

The first hour of this week’s show is focused on recapping the recent PDAC conference and a couple comprehensive company updates. While the metals market, in terms of the stocks, is still very selective there are some developing stories that still offer opportunities. Listen to the first two segments and you will hear some of the same names being mentioned.

Please email me with any company suggestions and/or questions and topics you would like for me to discuss – Fleck@kereport.com. I love hearing from all of you!

  • Segment 1 – Byron King recaps his PDAC and shares some of his thought on investing in a producer with exploration upside.
  • Segment 2 – David Erfle, Founder of The Junior Miner Junky has some insights on the rumors from PDAC how the gold market is “a tail of two markets”.
  • Segment 3 – Jeff Hussey, President and CEO of Osisko Metals provides a comprehensive update. We discuss the maiden resource at the Eastern Bathurst Mining Camp, exploration plans for this year, and answer your questions about potential water issues at Pine Point.
  • Segment 4 – Ivan Bebek, Executive Chairman of Auryn Resources answers your questions about a potential Company split, Peru exploration plans, and what is happening at Committee Bay.

Byron King
David Erfle
Jeff Hussey – Osisko Metals
Ivan Bebek – Auryn Resources

Industry News – Wed 6 Mar, 2019

Questions for Auryn Resource or Osisko Metals – Please Send Them In!

I will be chatting with Ivan Bebek, Executive Chairman at Auryn Resources and Jeff Hussey, President and CEO at Osisko Metals on Friday. Please send me your questions to Fleck@kereport.com.

Here are the recent Auryn news releases…

February 19, 2019 –New Targets Identified through Machine Learning at Auryn’s Committee Bay High-Grade Gold Project

February 15, 2019 –Auryn Appoints Jeffrey Mason to its Board of Directors

February 13, 2019 –Auryn Resumes Trenching at Sombrero Copper-Gold Project

January 30, 2019 –Auryn Applies Machine Learning for Targeting High-Grade Gold at Committee Bay

January 7, 2019 – Auryn Identifies Significant Copper Mineralization at New Prospect Near Sombrero

Here are the recent news releases for Osisko Metals…

March 3, 2019 – OSISKO METALS INTERSECTS 18.66% ZINC+LEAD OVER 20.73 METRES AT PINE POINT

February 20, 2019 –OSISKO METALS RELEASES MAIDEN MINERAL RESOURCE ESTIMATE FOR EASTERN BATHURST MINING CAMP PROJECT

February 12, 2019 –OSISKO METALS INTERSECTS 9.15% ZINC + LEAD AND 0.54% COPPER OVER 10.0 METRES AT TITAN ZONE, KEY ANACON

February 7, 2019 –OSISKO METALS INTERSECTS 12.64% ZINC + LEAD AND 0.19% COPPER OVER 20.70 METRES AT KEY ANACON – MINERAL RESOURCE ESTIMATE EXPECTED IN Q1

January 29, 2019 –OSISKO METALS INTERSECTS 14.87% ZINC+LEAD OVER 12.74 METRES AT PINE POINT AND GRANTS STOCK OPTIONS

Company Updates From Management – Wed 20 Feb, 2019

Fireweed Zinc – More Info On The Recently Closed $5million PP and Exploration Plans In 2019

Fireweed Zinc just closed a $5million private placement with Teck taking part and increasing its share of the Company to 9.9%. I am joined by The CEO Brandon McDonald to shed some more light on how the $5million will be used to advance the work planned for this year. Brandon outlines how this year will focused on some new exploration targets to expand the current resources and possibly find new deposits.

If you have any follow up questions for Brandon please email me at Fleck@kereport.com.

Click here to visit the Fireweed Zinc website for more information on the Company.

Company News – Thu 7 Feb, 2019

Osisko Metals – More High Grade Results From Key Anacon

The news below was released today from Osisko Metals. The drill results from the Key Anacon Project are more high grade zinc and lead intercepts over 20 meters. We also get an update that the resource is expected in Q1 of this year. Read below for the full news release.

Also if you have any questions for the team at Osisko Metals please email me at Fleck@kereport.com. I will be chatting with Jeff Hussey in the later afternoon tomorrow.

Click here to visit the Osisko Metals website for more information on the Company.

Here’s the news…

MONTREAL, Feb. 07, 2019 — Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB5) is pleased to announce assay results from 10 drill holes from the Main Zone of its wholly owned Key Anacon project, located 20 km south of the city of Bathurst, New Brunswick.

Two drill holes targeted the core of the Main Zone in order to confirm historical drill results. Drill hole KAMZ-18-27intersected 20.70 metres of massive sulphides grading 7.92% zinc, 4.72% lead, 0.19% copper and 185.39 g/t silver (see Main Zone Longitudinal map and Table 1).  Additionally, drill hole KAMZ-18-28 drilled 8.86 metres grading 9.13% zinc, 3.61% lead, 0.01% copper, and 132.87 g/t silver.

Table 1: Highlights of Significant Zinc-Lead and Copper intercepts; full details in Tables 2 and 3.

KEY ANACON MAIN ZONE – HIGHLIGHTS
Hole NameFromToWidthZnPbCuAgZn+Pb
(m)(m)(m)%%%g/t%
KAMZ-18-24483.00488.005.004.221.170.0448.985.39
KAMZ-18-27197.00202.65.601.300.171.7525.721.47
KAMZ-18-27204.10214.1010.004.220.830.4435.985.05
KAMZ-18-27253.40274.1020.707.924.720.19185.3912.64
KAMZ-18-28398.60407.468.869.133.610.01132.8712.74

Jeff Hussey, President and CEO of Osisko Metals, commented: “We are very pleased with the robust grade and continuity of the Main Zone. These drill results continue to demonstrate that the Key Anacon project is one of the best undeveloped assets in the Bathurst Camp. We are in the process of compiling the 22,000m of 2018 drill results in both the Main and Titan Zones. We look forward to releasing a NI43-101 Mineral Resource Estimate in the first quarter of 2019.”

About Key Anacon

The Key Anacon project is located approximately 20 km south of the town of Bathurst, New Brunswick and 16 km southeast of the former Brunswick No.12 mine. It is accessible by paved roads. The property contains two known Bathurst-type volcanogenic massive sulphide deposits containing zinc, lead, copper and silver. The Key Anacon Main Zone and Titan Zone deposits are situated at the same stratigraphic horizon that hosted the Brunswick No. 12 & No. 6 mines. The property covers approximately 12 kilometres of favorable Nepisiguit Falls stratigraphy that also extends onto the surrounding claims held 100% by Osisko Metals.

No mineral resource estimates have been calculated under NI43-101 guidelines. Except for exploration programs conducted in 1992-1993 and 2000, almost all of the drilling was completed in the 1950’s and 60’s, prior to currently required standards for quality assurance and quality control. The earlier drilling led to the establishment of a 460-metre-deep shaft, a ventilation raise, eight levels and three sub-levels at the Main Zone. The Government of New Brunswick, Department of Energy and Resource Development, Energy and Mines Division reports the Main Zone deposit as having a historical resource (Non-NI 43-101 compliant) of 1.87 million tonnes grading 6.93% Zn, 2.63% Pb, 0.16% Cu, and 84 g/t Ag (R. Irrinki, 1988, unpublished) in multiple folded lenses. The deposit is open at depth and along strike.

Exploration potential at Key Anacon and the Company’s adjacent properties is considered to be excellent on the basis of the presence of the Brunswick Horizon stratigraphy and the expansive zones of mineralization and alteration. Both the Titan Zone and Main Zone are open at depth and along strike. Exploration and development in the 1950’s and 1960’s were terminated due to the pullback of the zinc commodity price at that time. Since then, only two minor exploration programs were conducted by major mining companies.

Osisko Metals would like to thank the New Brunswick government for the financial grant awarded through the New Brunswick Junior Mining Assistance Program (NBJMAP). Through their continued support of the industry, Osisko Metals has used the grant for work at Key Anacon, to develop this premier asset in the Bathurst Mining Camp.

Table 2: Drill hole composite assay intervals.

Hole NameFromToDrilled 
Width
True 
Width
ZincLeadCopperSilverLead + 
Zinc
(metres)(metres)(metres)(metres)%%%g/t%
KAMZ-18-18155.00179.0024.004.170.750.240.012.340.99
KAMZ-18-20No significant assays
KAMZ-18-21287.60294.306.704.732.800.860.0340.383.66
KAMZ-18-22368.50377.008.504.882.920.790.0220.763.71
KAMZ-18-23723.10742.7019.6015.010.670.180.017.040.85
KAMZ-18-24483.00488.005.002.504.221.170.0448.985.39
KAMZ-18-25326.65330.603.952.271.510.330.0014.281.84
KAMZ-18-26266.15270.304.152.670.580.160.005.130.74
KAMZ-18-27197.00202.605.604.001.300.171.7525.721.47
KAMZ-18-27204.10214.1010.007.074.220.830.4435.985.05
KAMZ-18-27222.10228.106.004.244.161.450.0114.725.61
KAMZ-18-27253.40274.1020.7013.307.924.720.19185.3912.64
KAMZ-18-27284.10290.106.003.861.780.360.0413.032.13
KAMZ-18-28330.00335.005.002.872.390.610.039.683.00
KAMZ-18-28398.60407.468.865.709.133.610.01132.8712.74

Note: Estimated True Widths are based on local geometry of mineralization adjacent to each drill hole.

Table 3: Drill hole information and location in New Brunswick Double Stereographic Projection (NBS).

Hole NameEastingNorthingElevationAzimuthDipDepth 
(metres)
KAMZ-18-182,560,2877,604,66662245-70389
KAMZ-18-202,560,2677,604,70761246-58296
KAMZ-18-212,560,6607,603,8976451-58365
KAMZ-18-222,560,6607,603,8976453-66419
KAMZ-18-232,560,2457,603,9795753-55798
KAMZ-18-242,560,6597,603,8976456-74535
KAMZ-18-252,560,6317,603,9586447-66377
KAMZ-18-262,560,6317,603,9586447-58302
KAMZ-18-272,560,4037,604,2126341-54401
KAMZ-18-282,560,4977,604,1346257-65510

Note regarding historical resource and Qualified Person

The above-mentioned historical resources do not conform to National Instrument 43-101 standards. The Company is reporting the historical estimates for reference purposes only. Neither Osisko Metals nor its consultants have completed sufficient work to verify the historical estimates and these should not be relied upon for investment purposes. A Qualified Person has not done sufficient work to classify the historical estimates as NI43-101 compliant mineral resources and there is no guarantee that such work will allow conversion of such historical resources.

Mr. Charles Kodors is the Qualified Person responsible for the technical data reported in this news release. He is a Professional Geologist registered in New Brunswick and is the Exploration Manager for the Bathurst Mining Camp for Osisko Metals Incorporated.

Quality Assurance / Quality Control

Osisko Metals adheres to a strict Quality Assurance and Quality Control program with regard to core handling, sampling, transportation of samples and lab analyses. Drill core from Osisko Metals Bathurst Camp projects is securely transported to its core facility in Bathurst, NB where it is logged and sampled. Samples selected for assay were shipped via secure transportation to the Actlabs preparation facility in Fredericton, NB. Pulps were analyzed at Actlabs facility in Ancaster Ontario. Zinc, lead and copper were analyzed by assay grade peroxide fusion (total digestion) with ICP-AES finish. Silver was analyzed by gravimetric fire assay and gold by fire assay-atomic absorption.

About Osisko Metals

Osisko Metals is a Canadian exploration and development company creating value in the base metal space with a focus on zinc mineral assets. The Company controls Canada’s two premier zinc mining camps. The Company’s flagship, the Pine Point Mining Camp (“PPMC”), located in the Northwest Territories, has an Inferred Mineral Resource of 38.4 Mt grading 4.58% zinc and 1.85% lead, making it the largest high grade, pit constrained zinc deposit in Canada (please refer to the Amended Technical Report for further information). Within the Bathurst Mining Camp (“BMC”), located in northern New Brunswick, the Company is focused on drilling and developing the Key Anacon Project, which previously had only sporadic exploration work since the 1960’s. In 2019, the Company will continue to diligently develop and explore in order to confirm and grow both projects. In Québec, the Company owns 42,000 hectares that cover 12 grass-root zinc targets that will be selectively advanced through exploration.

For further information on Osisko Metals, visit www.osiskometals.com or contact:

Jeff Hussey
President & CEO
Osisko Metals Incorporated
(514) 861-4441
Email: info@osiskometals.com
www.osiskometals.com
Christina Lalli
Director, Investor Relations
Osisko Metals Incorporated
(438) 399-8665
Email: clalli@osiskometals.com
www.osiskometals.com

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, the use of proceeds of the Offering; the timing and ability of the Corporation, if at all, to obtain final approval of the Offering from the TSX Venture Exchange; an exemption being available under MI 61-101 and Policy 5.9 of the TSX Venture Exchange from the minority shareholder approval and valuation requirements for each related party transaction; objectives, goals or future plans; statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation’s public documents filed on SEDAR at www.sedar.com. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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

Company Updates From Management – Tue 22 Jan, 2019

Osisko Metals – Insights Into What’s In-store For 2019

Jeff Hussey, President and CEO of Osisko Metals joins me to outline the exploration plans for 2019. The Company completed around 100,000 meters of drilling in 2018 and has similar plans for 2019. With two major zinc camps, Pine Point and Bathurst, Jeff shares how they are looking to increase shareholder value through drilling. As well as some new exploration in Quebec.

Please email me with any additional questions you have regarding Osisko Metals – Fleck@kereport.com.

Osisko Metals 2019 Plans

Click here to visit the Osisko Metals website.

Here is the news on the 2019 outlook.

Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB5) is happy to announce a summary of 2018 highlights and a 2019 corporate and exploration outlook.

Jeff Hussey, President and CEO, comments: “2018 was a very successful year in which we acquired and advanced projects that have the potential to create shareholder value in a short and opportune time frame — while zinc metal inventories are at critically low levels and with mid-term mine supply forecasted to be less than global demand. The acquisition of the Pine Point Mining Camp (“PPMC”) was completed in February and the Company immediately initiated the largest active drill program in the Northwest Territories, allowing for the rapid definition of a 38 Mt Inferred Mineral Resource Estimate grading 4.58% zinc and 1.85% lead (6.43% Zn+Pb). Osisko Metals is now the only junior in the Americas with a resource of 5.5 billion pounds of zinc and lead that has excellent expansion potential.”

In the Bathurst Mining Camp (“BMC”), we increased our portfolio of projects centered on the Brunswick Belt and acquired the Key Anacon project, which had been privately owned since the 1950’s. Key Anacon has now developed into the most exciting base metal exploration and development project in the BMC following significant exploration success in 2018, and we will continue to build on this momentum in 2019.”

2018 Highlights:

PPMC: Completed 55 kilometres of predominantly resource definition drilling and published a Maiden NI43-101 Mineral Resource Estimate (“MRE”) on December 6th, only 9 months after the acquisition.

  • A NI43-101 near-surface, pit-constrained Inferred MRE of 38.4 million tonnes grading 4.58% zinc and 1.85% lead (6.43% Zn+Pb) that contains 3.9 billion pounds of zinc and 1.6 billion pounds of lead. (See December 6thpress release or listen to replay of Pine Point MRE conference call, here).
  • As of December 31st, 2018, 605 drill holes totalling 41,379 metres of in-fill drilling were completed, but not included in the MRE, as these results arrived after the September resource cut-off date. This will convert a significant portion of the Inferred Resources into the Indicated category that can then be used for future economic studies.
  • De-risking initiatives included metallurgical testing, mine planning, environmental baseline studies, including wildlife and archaeological studies, and ongoing negotiations with First Nations and Métis Nation groups. These initiatives will continue in 2019 and expand to include other areas of interest.

BMC (Key Anacon):  Completed 49 kilometres of predominantly resource step-out, and definition drilling. Key Anacon is now the flagship project in the BMC. Future drilling will focus on expanding Key Anacon’s high-grade mineralization at both the Main and Titan Zones as mineralization remains open along strike and at depth. There is also 1.5 kilometres of highly favorable and poorly tested stratigraphy between the Main and Titan Zones.

At the Titan Zone, drilling confirmed continuous zinc and lead-rich mineralization to a vertical depth of 400 metres with a 200 metre strike length. The deposit extends over a strike length of roughly 1.2 kilometres and 1,100 metres depth. (See Key Anacon Titan Zone Longitudinal)

  • Several massive sulphide intercepts, up to 85m in thickness, were drilled which included 22.2 metres of 6.07% Zn, 2.19% Pb, 0.92% Cu and 48.8 g/t Ag.
  • Several zinc and lead-rich zones also included significant copper, such as: 21.75 metres of 0.96% Cu, 3.67% Zn, 1.44% Pb, 46.32 g/t Ag; another intersection returned 26.6 metres of 0.93% Cu, 1.79% Zn, 0.88% Pb, 19.08 g/t Ag as well as a third intersection that cut 20.9 metres of 1.84% Cu, 1.92% Zn, 0.65% Pb, 23.73 g/t Ag.
  • A major high-grade Copper Zone is being outlined immediately adjacent to the north of the zinc+lead Titan Zone. It has a strike length of 1 kilometre and a dip extent of 400 to 800 metres, and offers excellent potential to become a significant copper resource. Highlight intersections in the central area include 3.6% Cu over 6.1 metres and another intersection at 2.71% Cu over 6.0 metres. (See Key Anacon Titan Zone Copper Longitudinal)

Main Zone drilling in 2018 intersected a new zone, located 30 metres below the historical resource boundary that consisted of 8.3 metres of massive sulphides grading 10.47% Zn, 3.47% Pb, and 92.0 g/t Ag. The Main Zone deposit remains open along strike and down dip. (see Key Anacon Main Zone Cross Section). In addition to several new intercepts along strike and at depth, drilling also cut 26 metres (true thickness) of 8.94% Zn, 3.14% Pb, and 98.4 g/t Ag in the Main Zone confirming the extremely high-grade core of the historical resources. This hole, along with two others (results pending), will all be used to validate the historical assays prior to a maiden MRE planned for H1 2019. This deposit has significant exploration upside potential.

Corporate Development:

  • To better reflect his involvement in Osisko Metals, Robert Wares was named Executive Chairman.
  • The management team and Board of Directors was reinforced by adding Anthony Glavac as Chief Financial Officer, Lili Mance as Corporate Secretary and Cathy Singer as an Independent Director.
  • The Company completed $17 million in financing above market price in less than favorable market conditions.

2019 Outlook:

PPMC: Definition drilling will continue and a separate brownfield exploration program will be initiated following the completion of a new site-wide digital compilation over the central portion of the project.

  • The Company plans to continue drilling to meet the objective of upgrading the Inferred Mineral Resource to the Indicated category and to follow up on high priority brownfield exploration targets that will be tested following a planned airborne gravity survey. These will complement the new site-wide digital compilation and geological re-interpretation of historical datasets. Incorporation of the 2018 LIDAR topographical high precision survey data will help to further define structural controls associated with the distribution of high-grade mineralization. This was never done in the PPMC that has only been tested to an average depth of 75 metres.  Favorable horizons within the flat lying stratigraphy exist to a depth of 300 metres and have been poorly tested. Such potential exists over more than 20 kilometres strike length.
  • The next Indicated and Inferred MRE is planned for 2019 and the resource base will be used for future economic studies following the brownfield exploration program.
  • The Company will also continue to work towards acquiring further historical resources in the PPMC.

BMC:  

  • Key Anacon exploration and definition drilling will help to define high grade mineralization with the objective of upgrading the non-compliant historical resource of 1.87 Mt grading 6.93% Zn, 2.63% Pb, 0.16% Cu and 84g/t Ag, into a NI43-101 MRE Indicated and Inferred MRE slated for release in H1 2019.
  • The Gilmour South deposit, including 2018 drill results, will be included in the upcoming Key Anacon MRE.
  • Grassroot exploration will focus on, but will not be limited to, a planned airborne gravity survey area between Key Anacon and Brunswick Belt areas. Re-interpretation of Key Anacon volcanic stratigraphy has outlined a 25-kilometre extension of relatively untested, highly prospective Brunswick Horizon located to the east of the past-producing Brunswick No.12 mine. The Company extensively staked this area in 2018 and now owns 100% of the extension.

Corporate Outlook:

The Company has filed applications for a TSX listing in Canada and an OTCQX listing on the US Exchange. Guidance for the completion of these listings is end of Q1 2019. Following successful listings, the Company expects a significant increase in trading liquidity on both exchanges.

Quebec Genex:

The Company raised $10 million dollars for Quebec base metal exploration slated for 2019. Currently established VMS base metal targets are being drill tested in the Lebel-sur-Quevillon area under the joint venture agreement with Osisko Mining.

A larger generative exploration effort in Quebec will follow this year on virgin target areas defined in 2018 based on a new exploration model developed for the Grenville geological province. The Company intends to issue a news release in the coming weeks detailing these plans as work advances and specific properties are acquired.

Qualified Person

Mr. Robin Adair, Vice President Exploration of Osisko Metals Incorporated is the Qualified Person responsible for the technical data reported in this news release. He is a Professional Geologist registered in New Brunswick.

About Osisko Metals

Osisko Metals is a Canadian exploration and development company creating value in the base metal space with a focus on zinc mineral assets. The Company controls Canada’s two premier zinc mining camps. The Company’s flagship, the Pine Point Mining Camp (“PPMC”), located in the Northwest Territories, has a near-surface, pit-constrained Inferred Mineral Resource of 38.4 Mt grading 4.58% zinc and 1.85% lead (6.43% Zn+Pb), making it one of the largest undeveloped zinc deposits in Canada. Within the Bathurst Mining Camp (“BMC”), located in northern New Brunswick, the Company is focused on drilling and developing the Key Anacon Project, which has a historical resource of 1.87Mt grading 6.93% Zn and 2.63% Pb (9.56% Zn+Pb) and which previously had only sporadic exploration work since the 1960’s. In 2019, the Company will continue to diligently develop and explore in order to confirm and grow both projects. In Québec, the Company owns 42,000 hectares that cover 12 grass-root zinc targets that will be selectively advanced through exploration.

The above-mentioned historical resources for the Key Anacon Project, obtained from the New Brunswick Ministry of Energy, Mines and Petroleum Mineral Occurrence Database, do not conform to National Instrument 43-101 standards. The Company is reporting the historical estimates for reference purposes only. Neither Osisko Metals nor its consultants have completed sufficient work to verify the historical estimates and a Qualified Person has not done sufficient work to classify the historical estimates as NI 43-101 compliant mineral resource. There is no guarantee that such work will allow conversion of such historical resources. The potential of the Key Anacon Project and the adjacent Osisko Metals claims are considered to be excellent based on the presence of this deposit hosted within the strike length of the favorable Brunswick Horizon, with alteration and folding typically associated in BMC deposits.

For further information on Osisko Metals, visit www.osiskometals.com or contact:
Jeff Hussey
President & CEO
Osisko Metals Incorporated
(514) 861-4441
Email: info@osiskometals.com
www.osiskometals.com
Christina Lalli
Director, Investor Relations
Osisko Metals Incorporated
(438) 399-8665
Email: clalli@osiskometals.com
www.osiskometals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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, the use of proceeds of the Offering; the timing and ability of the Corporation, if at all, to obtain final approval of the Offering from the TSX Venture Exchange; an exemption being available under MI 61-101 and Policy 5.9 of the TSX Venture Exchange from the minority shareholder approval and valuation requirements for each related party transaction; objectives, goals or future plans; statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation’s public documents filed on SEDAR at www.sedar.com. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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

Company Updates From Management – Thu 13 Dec, 2018

Osisko Metals – A closer Look At The Pine Point Resource Estimate

Jeff Hussey, Osisko Metals President and CEO joins me for a recap of the just announced Pine Point resource estimate and answer some questions that have come in. We get some insights on drilling to come and the amount of dill holes that were not included in the resource due to timing. Already a large resource of 38.4 million tones grading 6.58% ZnEq the goals for next year are to convert inferred into indicated and grow the resource with more drilling planned for next year.

Please email me with any follow up questions for Jeff. I can be reached at Fleck@kereport.com.

Download audio file (2018-12-13-Jeff-Hussey-Osisko-Metals.mp3)

Click here to listen to the conference call on the back of the resource announcement.

Click here to visit the Osisko Metals website.

Company News – Tue 11 Dec, 2018

Osisko Metals Pine Point Conference Call Recording

Below is a link to the recording of the Osisko Metals conference call outlining the Pine Point resource. The call provides a good overview of the resource but I found the question and answer period the most interesting.

I will be chatting with Jeff Hussey later this afternoon so if you have any questions please send those over to Fleck@kereport.com.

Click here to listen to the full conference call.