Company News – Wed 11 Apr, 2018

By Cory Osisko Metals Announces 17.15 % Zinc+Lead Over 11.0 Metres at Gilmour South

Here are the latest drill results from Osisko Metals. This Company has going for it in terms of a 100,000 meter drill program on a couple large land packages in the Bathurst area and in the NW Territories. I recommend listening to the most recent interview (linked below) to get a better understanding of the overall Company.

Click here to listen to my recent interview with the President and CEO Jeff Hussey.

…Here’s the news…

MONTREAL, April 11, 2018 — Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V:OM) (FRANKFURT:OB51) is pleased to announce additional results from its drill program on the Gilmour South Project located 40 kilometres southwest of Bathurst, New Brunswick. Drill hole GS-18-19 intersected 13.76% Zn, 3.39% Pb, 0.23% Cu and 50.81g/t Ag over 11.00 metres within the targeted massive sulphide trend that now clearly links previous and historical intercepts not previously interpreted as a continuous zone. Additional results reported here suggest that the thicker massive sulphide portion of the trend extends over a lateral strike length of 420 metres as one continuous zone. See longitudinal map here.

Table 1: Drill hole assay results

Hole No.
From (m)
To (m)
Drill width(m)*
Zn (%)
Pb (%)
Cu (%)
Ag (g/t)
Au (g/t)

GS-17-07A
626.65
633.30
6.65
3.48
0.51
0.37
18.77
0.28

GS-17-09
607.35
609.60
2.25
4.85
1.42
0.25
0.02
0.37

GS-18-11
668.33
672.70
4.37
5.35
1.93
0.28
16.87
0.29

GS-18-12A
629.00
630.00
1.00
0.15
0.01
0.16
0.00
0.01

GS-18-14
559.30
560.30
1.00
0.01
0.00
0.00
1.10
0.00

GS-18-15
790.73
791.30
0.57
0.49
0.06
0.84
1.20
0.00

GS-18-16
907.50
908.00
0.50
0.03
0.00
0.76
1.80
13.00

GS-18-17
584.00
591.00
7.00
0.95
0.15
0.03
2.77
0.03

GS-18-19
674.80
685.80
11.00
13.76
3.39
0.23
50.81
0.23

* True width is approximately 87% of core width unless otherwise noted

Jeff Hussey, President and CEO of Osisko Metals, commented: “The Gilmour South drill program has developed nicely since the start in Q3 2017. Previously interpreted as 3 lenses of mineralization, the exploration team has re-interpreted them into one larger zone that extends over 1.4 kilometres. Drill hole GS-18-19 opens up potential to expand the central thicker portion of the deposit boundary, that is mentioned above, further southward. As drilling continues, this target area will be a high priority. We are continuing the compilation of recent results and planning of the extended drill program at Gilmour South.”

Qualified Person

Mr. Robin Adair is the Qualified Person responsible for the technical data reported in this nee ws release. He is a Professional Geologist registered in New Brunswick and is Vice President Exploration of 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 samples from Osisko Metals were securely transported to its core facility in Bathurst, New Brunswick where they were logged and sampled. Samples selected for assay were shipped via secure transportation to Activation Laboratories preparation facility in Fredericton. Pulps were analyzed at Activation Laboratories 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 Gilmour South

The Gilmour South project hosts the “Brunswick Horizon” and is located 20km south of the former Brunswick No. 12 mine and 7 km south of the former Brunswick …read more

Source:: The Korelin Economics Report

The post Company News – Wed 11 Apr, 2018 appeared first on Junior Mining Analyst.