Canadian Mining Journal

News

GOLD: Osisko hits 59.3 metres of 1.12 g/t at Garrison



ONTARIO – Toronto-based Osisko Mining has drilled 59.4 metres of 1.12 g/t gold at its 100% owned Garrison gold project 40 km north of Kirkland Lake. The company said there were 12 new intercepts in the 22 drill holes reported in the Aug 22 release.

Typical surface mineralization at the Garrcon zone of the Garrison property. (Credit: Osisko Mining)

The most significant results follow:

  • HoleOSK-G17-381 returned 583 g/t gold over 1.0 metre (cut to 30 g/t over 1.0 metre), 12.9 g/t over 2.0 metres and 14.6 g/t over 2.0 metres;
  • Hole OSK-G17-378 returned 1.12 g/t gold over 59.3 metres;
  • Hole OSK-G17-386 assayed 1.2 g/t gold over 33.8 metres;
  • Hole OSK-G17-378 returned 7.82 g/t gold over 3.0 metres;
  • Hole OSK-G17-362 returned 1.04 g/t over 34.0 metres; and
  • Hole OSK-G17-398 returned 1.13 g/t over 22.0 metres.

Osisko says the new results continue to demonstrate that expansion of the known mineralization in the 903 and Garrcon zones is possible. Drilling continues in the 903, Garrcon and Jonpol zones.

The Garrison property already has measured and indicated resources of 30.1 million tonnes averaging 1.24 g/t gold (1.2 million oz.) and an inferred resource of 7.87 million tonnes at 3.19 g/t gold (810,000 oz.)

Complete results from recent drilling are available in the Aug. 22, 2017, news release posted at www.OsiskoMining.com.