Canadian Mining Journal

News

GOLD: Osisko cuts 15.4 g/t to expand new Wolf zone at Windfall Lake



QUEBEC – Osisko Mining of Montreal has released more results from drilling at its Windfall Lake gold project 100 km east of Lebel-sur-Quevillon. The best intersections are coming from the recently discovered Wolf zone. The results have allowed the company to expand the new zone.

Hole OSK-W-16-708-W1 intersected 12.2 g/t Au over 4.0 metres in the hanging wall (765.5m – 769.5m), 12.5 g/t Au over 3.8 metres in the Wolf zone, and significant additional intercepts in the footwall including 4.79 g/t Au over 2.4 metres, and 15.4 g/t Au over 6.4 metres, all at depths between 765 and 845 metres. The new intercepts are located approximately 100 metres vertically below the previously describedWolf zone mineralization.

Nor were these the only high grade intercepts. Hole 718 returned 23.2 g/t over 3.0 metres that led Osisko to expand an unnamed zone for 95 metres up-dip. The Caribou S3 zone was expanded 95 metres down-dip thanks to 22.6 g/t over 3.0 metres in hole 715.

“These new intercepts demonstrate the high potential for significant new mineralization near the known Windfall mineral inventory through continued definition and exploratory drilling, more specifically in the eastern extension of the deposit,” Osisko said in a release.

Details of the results from recent holes are available in the Aug. 31, 2016, news release posted at www.OsiskoMining.com.