Osisko Metals Inc.

Osisko Metals Inc. wishes to announce that continues to advance the Preliminary Economic Assessment for its wholly-owned Pine Point Project, slated for release in Q2 2020 in collaboration with BBA Inc., WSP, Tetra Tech and Golder Associates Inc. The Company is currently focused on project optimization including material sorting methodology trade-off studies. The Company is following the guidelines and advice of the Public [...]

Osisko Metals Inc. announces that the Board of Directors has appointed Mr. Robert Wares as Chief Executive Officer of the Company and Mr. Jeff Hussey as Chief Operating Officer. Mr. Wares will also maintain his role as Chairman and Mr. Hussey will continue to serve as President of the Company. Mr. Robert Wares commented: “The fine-tuning of these senior roles will improve efficiencies, allowing Mr. Hussey to [...]

Osisko Metals Inc. is pleased to announce a summary of 2019 highlights and a H1 2020 corporate plan and exploration outlook. Jeff Hussey, President and CEO, comments: “2019 was another banner year for Osisko Metals with the release of the updated 52 million tonne Mineral Resource Estimate for Pine Point, confirming Pine Point as the most exciting zinc project in North America. We also released a maiden MRE for our [...]

Osisko Metals Inc. announces that further to its news release dated November 13, 2019 announcing an update to the Inferred Mineral Resource Estimate for its 100% owned Pine Point project, located near Hay River, in the Northwest Territories of Canada, it has today filed the associated National Instrument 43-101 technical report. The report, entitled “Mineral Resource Estimate Update for the Pine Point Lead-Zinc [...]

Osisko Metals Inc. is pleased to announce that it has completed the acquisition of 100% interest in Karst Investments LLC , whose only asset prior to the completion of the acquisition by Osisko Metals was a 3% net smelter return royalty on the mineral claims and leases comprising the Pine Point zinc-lead project . The Pine Point Project is 100% owned by a wholly owned subsidiary of the Corporation. As announced [...]

Osisko Metals Inc. is pleased to announce the completion of the non-brokered private placement of 14,000,000 units of the Corporation at $0.50 per Unit for gross proceeds of up to C$7,000,000 which was previously announced in a news release dated December 3, 2019. Each Unit consists of one common share of the Corporation and one quarter of one Common Share purchase warrant . Each Warrant entitles its holder to acquire an [...]

Osisko Metals Inc. is pleased to announce new assay results from recently completed exploration drill holes in the East Mill Zone at its wholly owned Pine Point Mining Camp in the Northwest Territories. Highlights include drill hole L37-19-PP-028 that intersected 9.46% zinc and 0.79% lead over 11.85 metres and drill hole L37-19-PP-035 that intersected 14.83% zinc and 4.45% lead over 4.68 metres. Eight of the nine [...]

Osisko Metals Inc. is pleased to announce that it has entered into a binding term sheet with Osisko Gold Royalties Ltd. , pursuant to which Osisko Gold Royalties will acquire, subject to the closing by the Corporation of the previously announced purchase of the Karst Royalty , half of such Karst Royalty, representing a 1.5% net smelter return royalty on the Corporation’s 100%-owned Pine Point Project, in [...]

Osisko Metals Inc. is pleased to announce that drilling will begin to targeting sixty initial prismatic-style targets have been chosen based on processing and analyses of the 2019 airborne gravity gradiometry survey data in conjunction with LiDAR features and newly-interpreted structural controls on mineralization. These targets are specifically identified on criteria that are indicative of prismatic mineralization based [...]

Osisko Metals Inc. is pleased to announce the 2019 Mineral Resource Estimate Update for its 100% owned Pine Point Project , located near Hay River, in the Northwest Territories of Canada. The 2019 MRE was prepared by BBA Inc. . Cut-off grades are based on estimated long-term metal prices, mining costs, metal recoveries, concentrate transport, and smelter costs. Highlights: The Pine Point MRE now totals 52.4 Mt grading [...]