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Osisko Development Intercepts 65 Grams Per Tonne Gold Over 4.57 Meters in Underground Drilling at Trixie, Tintic Project
MONTREAL, July 18, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce under
About this update from Osisko Development Corp
[{"type":"text","content":" MONTREAL, July 18, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (\"Osisko Development\" or the \"Company\") is pleased to announce underground infill and exploration diamond drilling (\"DD\") and chip sampling results from new development areas as part of its ongoing exploration program at its 100%-owned Trixie test mine (\"Trixie\"), within the Company's wider Tintic Project (\"Tintic\" or the \"Tintic Project\"), located in the historic East Tintic Mining District in central Utah, U.S.A. Chris Lodder, President of Osisko Development, commented, \"The new underground drill results at Trixie have identified several previously unknown mineralized structures that extend existing zones. This enables us to start to plan underground development in those areas for future resource delineation and category conversion. Underground face chip sample results continue to define mineralized zones, namely below the main 625 level, down to and below the 750 level, as well as further to the south of the deposit approaching the Sioux Ajax fault, within our current drill areas.\" DRILL ASSAY HIGHLIGHTS This news release includes assays from 14 DD holes (refer to Table 1). Select assay highlights include: 65.00 grams per tonne (\"g/t\") gold (\"Au\") and 344.39 g/t silver (\"Ag\") over 4.57 meters (\"m\") in TRXU-DD-23-026 (1.90 troy ounce per short ton (\"oz/t\") Au and 10.04 oz/t Ag over 15.00 feet (\"ft.\")) 5.09 g/t Au and 132.85 g/t Ag over 5.33 m in TRXU-DD-23-027 (0.15 oz/t Au and 3.87 oz/t Ag over 17.50 ft.) 15.91 g/t Au and 368.00 g/t Ag over 1.07 m in TRXU-DD-23-030 (0.46 oz/t Au and 10.73 oz/t Ag over 3.50 ft.) 18.91 g/t Au and 300.00 g/t Ag over 0.91 m in TRXU-DD-23-030 (0.55 oz/t Au and 8.75 oz/t Ag over 3.00 ft.) 19.01 g/t Au and 124.00 g/t Ag over 1.22 m in TRXU-DD-23-033 (0.55 oz/t Au and 3.62 oz/t Ag over 4.00 ft.) UNDERGROUND CHIP SAMPLE ASSAY HIGHLIGHTS This news release includes assays from 55 underground exploration face, back and rib chip samples from 20 chip strings in development at Trixie (refer to Table 2). Selected assay highlights include: 23.30 g/t Au and 54.38 g/t Ag over 1.65 m in CH01519 (0.68 oz/t Au and 1.59 oz/t Ag over 5.40 ft.) including 51.22 g/t Au and 79.81 g/t Ag over 0.64 m in CH01519 (1.49 oz/t Au and 2.33 oz/t Ag over 2.10 ft.) 30.17 g/t Au and 62.76 g/t Ag over 1.34 m in CH01...