Osisko Metals Inc. is pleased to announce additional results from the 2022 definition drilling program at its Pine Point Project, located in the Northwest Territories, Canada. As the Company drives towards a feasibility study, this continuous drill program is designed to achieve an average drill spacing of approximately 30 metres within current mineral resources. This spacing is intended to upgrade resources presently [...]
Osisko Metals Inc. is pleased to announce results from the 2022 definition drilling program at its Pine Point Project, located in the Northwest Territories, Canada. This continuous drill program is designed to achieve an average drill spacing of approximately 30 metres within current mineral resources to upgrade resources presently classified as Inferred to the Indicated category so they can be included in the upcoming [...]
Osisko Metals Inc. is pleased to announce additional drilling results from the Mount Copper Project, located in the Gaspé Peninsula of Quebec. A total of 25,665 m of the 30,000m infill drilling program were completed at the Mount Copper deposit at the end of September. Results from ten holes are reported below: Four of the reported holes are within the immediate Mount Copper area that tested the grade and the oxide [...]
Osisko Metals Inc. and the Northwest Territories Power Corporation are pleased to announce that they have signed a Memorandum of Understanding that outlines the process of negotiating power connection to the Taltson hydroelectric grid and power purchase agreements. The MOU will allow both parties to explore, discuss and establish mutually agreeable arrangements through which NTPC can supply and sell hydroelectric power [...]
Osisko Metals Inc. wishes to announce that the Company's Board of Directors have approved the grant of incentive stock options to certain directors, officers, key employees and key consultants to purchase up to an aggregate of 2,680,000 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 $0.32 per share. About Osisko Metals [...]
Osisko Metals Inc. is pleased to announce that further to its news release dated July 13th "Osisko Metals Releases Positive Update for Pine Point PEA", it has filed by today the associated National Instrument 43-101 technical report for its wholly-owned Pine Point Project , located near the town of Hay River in the Northwest Territories, Canada. The report, entitled "Preliminary Economic Assessment for the Pine Point [...]
Osisko Metals is pleased to announce initial drilling results from the Gaspé Copper project. Infill drilling at the Mount Copper deposit has thus far demonstrated a limited extent of oxidation and significant mineralization beyond the currently modeled Inferred Mineral Resource Estimate. Results from sixteen holes are reported below, and all except DDH 30-0976 are from the Mount Copper area on the southeast side of the [...]
Osisko Metals is pleased to announce the results of the Updated Preliminary Economic Assessment for its wholly-owned Pine Point Project, located near the town of Hay River in the Northwest Territories, Canada. The PEA Update was prepared in collaboration with independent engineering firms BBA Inc., WSP Canada Inc., & Hydro-Resources Inc. The objective of the 2022 PEA Update was to integrate updated long-term prices for [...]
Osisko Metals is pleased to announce that Glencore Canada Corporation and the Company have entered into definitive documentation for the option granted to the Company to acquire the Gaspé Copper project, located near Murdochville in the Gaspé peninsula of Québec. In addition, the Company has given notice of its exercise of the Option. Completion of the acquisition of the Gaspé Copper project pursuant to the Option remains [...]
Osisko Metals is pleased to update that Glencore Canada Corporation and the Company have agreed to extend to July 8, 2022, the time for exercise of the Company's option to acquire the Gaspé Copper project. The Company's option to purchase from Glencore Canada, a 100% interest in the Gaspé Copper property, is more particularly described in the management's discussion and analysis of the Company for the three-month period [...]
Osisko Metals is pleased to announce that it has closed its previously-announced "bought deal" brokered private placement offering of an aggregate of (i) 4,600,000 common shares of the Corporation that will qualify as "flow-through shares" at an issue price of C$0.50 per Flow-Through Share, and (ii) 19,166,667 units of the Corporation at an issue price of C$0.54 per Flow-Through Unit, for aggregate gross proceeds of [...]
Osisko Metals is pleased to announce that it has filed a technical report in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects in connection with the initial inferred mineral resource estimate at Mount Copper as part of the Gaspé Copper project. The technical report entitled "NI 43-101 Technical Report on Gaspé Copper Project, Mineral Resource Estimate, Mount Copper Deposit, Québec [...]