Osisko Metals is pleased to announce the 2024 Mineral Resource Estimate Update for the Pine Point Project. The 2024 MRE was prepared by BBA Inc. and PLR Resources Inc. and will form the resource base for a Feasibility Study that is planned to officially start in Q3 2024. Cut-off grades are based on estimated long-term metal prices, mining costs, metal recoveries, concentrate transport, and smelter costs. The definition [...]
Osisko Metals is pleased to announce an updated Mineral Resource Estimate at Copper Mountain as part of the Gaspé Copper Project, located near Murdochville in the Gaspé Peninsula of Quebec. The updated MRE comprises an open-pit Indicated Resource of 495 million tonnes grading 0.37% CuEq, representing a 30% increase in copper-equivalent metal content over the previously reported copper-only Inferred Resource, as well as [...]
Osisko Metals Inc. is pleased to announce preliminary metallurgical and grindability testwork results from the Gaspé Copper Project located near Murdochville in the Gaspé peninsula in Québec. Testwork was performed on eighteen composite samples of mineralized drill core from selected intersections of the 2023 drill program at Copper Mountain, and employed a conventional copper-molybdenum flotation flowsheet and reagents [...]
Osisko Metals Inc. wishes to announce that the Company's Board of Directors have approved the grant of incentive stock options to directors, officers, employees and consultants to purchase up to an aggregate of 1,935,000 common shares in the capital stock of the Company. Grants are subject to a three-year vesting period and a five-year term at an exercise price of $0.155 per share. About Osisko Metals [...]
Osisko Metals Inc. is pleased to announce the creation of a technical consultation committee to assist in developing a plan for the dewatering of the Mount Copper open pit at Gaspé Copper, located close to Murdochville in the Gaspé region of Quebec. The committee is led by Osisko Metals' newly-hired VP Environment and Sustainable Development, Dr. Ann Lamontagne . Since closure and remediation of the former Gaspé Copper [...]
Osisko Metals Inc. is pleased to announce that it has sold an additional 5% ownership interest in Pine Point Mining Ltd. to a subsidiary of Appian Natural Resources Fund III LP , a fund advised by Appian Capital Advisory LLP, a London-based private equity group specializing in the acquisition and development of mining assets, for an expected payment of approximately C$8.33 million of which approximately C$6.66 million in [...]
Osisko Metals Inc. is pleased to announce the remaining results from the 2023 drilling program at the Pine Point Mining Ltd. Joint Venture Project, located in the Northwest Territories, Canada. The reported results are from the C2 Zone, N1 Zone, NE1 Zone, and the NE2 Zone. Results are all from near-surface, tabular-style deposits, and these will be incorporated into a new Mineral Resource Estimate that will be released in [...]
Osisko Metals Inc. is pleased to announce additional results from the 2023 drilling program at the Pine Point Mining Ltd. Joint Venture Project, located in the Northwest Territories, Canada. The reported results are from the J68 and K68 deposits in the C1 Area of the Central Zone. Results from the K68 deposit indicate a new extension of tabular-style mineralization towards the east of the known deposit boundaries with [...]
Osisko Metals Inc. is pleased to announce additional assay results from its 2023 drilling program at the Pine Point Project, located in the Northwest Territories, Canada. The reported results are from the M67, L65, and M62 deposits. The M67 deposit consists of local prismatic development within a tabular apron of mineralization, while L65 and M62 are both tabular-style deposits in the Central Zone . Drilling between M67 [...]
Osisko Metals Inc. is pleased to announce additional assay results from its 2023 drilling program at the Pine Point Project, located in the Northwest Territories, Canada. The reported results are from the P499 and O556 deposits, both prismatic-style deposits with associated tabular-style aprons in the West Zone . Results within the prismatic pipes defined by historical drilling were thick, high-grade intersections [...]
Osisko Metals Inc. today announces a change to management and the grant of options as outlined below: On April 6, 2023, the successful closing of the joint venture transaction between the Company and a subsidiary of Appian Natural Resources Fund III LP resulted in the formation of a joint venture for the advancement of Osisko Metals' Pine Point Project , called Pine Point Mining Ltd. . The Company confirms that as of [...]
Osisko Metals Inc. is pleased to announce initial assay results from its 2023 drilling program at Pine Point Project, located in the Northwest Territories, Canada. The reported results are from the X25 deposit, a prismatic-style deposit with a tabular-style apron in the West Zone. Drilling was conducted as part of the Pine Point Joint Venture's larger 2023 definition drilling program that is designed to achieve an average [...]
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