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Be the first with the news that moves the market- Osisko Mining (OSK) has posted the latest results from its drilling program on its Windfall project in James Bay, Quebec
- The company has released results from 20 holes and 12 wedges, showing 64 intercepts on the site’s Lynx deposit
- Notably, the company intersected 202 grams per tonne of gold over 28 metres
- Other results include 171 gram per tonne gold over 2.5 metes and 173 grams per tonne over two metres
- Osisko Mining (OSK) is down 0.9 per cent and is trading at C$4.05 per share
Osisko Mining (OSK) has posted the latest results from its drilling program at the Windfall project in James Bay, Quebec.
Notable amoung the 64 strikes released from a 20-hole, 12-wedge drilling program, Osisko hit a monster intercept averaging 202 grams per tonne gold over 28 metres from the property’s Lynx exploration zone.
The intercept was a lower than usual core angle and Osisko have interpreted the true length of the strike at around nine metres long.
Other significant results from the exploration program include 171 gram per tonne gold over 2.5 metres, 173 grams per tonne over two metres, 21 grams per tonne over 13 metres and 52.7 metres over 2.2 metres.
The Osisko President and CEO, John Byrzyanski said the target had delivered some very impressive results and one of the highest grade drilling results to-date.
“Our infill drill program continues to highlight the high-grade continuity within the resource area, which remains open down plunge and importantly towards surface,” he said.
The Windfall project has a mineral resource estimate of 4,127,000 tonnes of gold grading at 9.1 grams per tonne gold, which the company first estimated last year.
Windfall is one of the highest grade gold deposits in Canada, and has three principal mineral zones in the Lynx, Main Zone and Underdog.
Osisko Mining (OSK) is down 0.9 per cent and is trading at C$4.05 per share at 10:00 am EDT.
