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Osisko Development Intersects 9.05 g/t Au Over 11.65 Meters Including 73.0 g/t Au Over 0.75 Meter at Lowhee
MONTREAL, March 30, 2022 (GLOBE NEWSWIRE) -- Osisko Development Corp. (“Osisko Development” or the “Company”) (TSX.V-ODV) is pleased to announce drilling result
About this update from Osisko Development Corp
[{"type":"text","content":" MONTREAL, March 30, 2022 (GLOBE NEWSWIRE) -- Osisko Development Corp. (“Osisko Development” or the “Company”) (TSX.V-ODV) is pleased to announce drilling results from the 2021 exploration and category conversion drill campaign at its Cariboo Gold Project (“Cariboo”) in central British Columbia. Summary A total of 29,450 meters were drilled in 94 holes at Lowhee Zone on Barkerville Mountain in 2021. Final assay results have now been received and this release include holes BM-21-081 to BM-21-094 (Figures 1 and 2). Drillhole BM-21-082 intersected multiple high-grade samples including 38.10 g/t Au over 0.50 meter, 70.00 g/t Au over 0.50 meter (visible gold noted here) and 72.70 g/t Au over 0.50 meter. Drillhole BM-21-086 intersected multiple mineralized vein corridors with intervals that assayed 8.00 g/t Au over 5.30 meters including a high-grade sample of 49.00 g/t Au. An interval further down hole assayed 9.05 g/t Au over 11.65 meters including higher grade samples of 73.00 g/t Au and 39.70 g/t Au. One drill is currently conducting infill and exploration on the Lowhee Deposit. Detailed drilling results and a drill hole location plan map are presented at the end of this release. Assay Highlights 38.10 g/t Au over 0.50 meter in hole BM-21-082 70.00 g/t Au over 0.50 meter in hole BM-21-082 72.70 g/t Au over 0.50 meter in hole BM-21-082 38.00 g/t Au over 0.50 meter in hole BM-21-083 8.00 g/t Au over 5.30 meters in hole BM-21-086 including 49.00 g/t Au over 0.65 meter 9.05 g/t Au over 11.65 meters in hole BM-21-086 including 73.00 g/t Au over 0.75 meter and 39.70 g/t Au over 1.20 meters 6.61 g/t Au over 4.50 meters in hole BM-21-093 4.95 g/t Au over 7.65 meters in hole BM-21-093 including 23.40 g/t Au over 1.15 meters Chris Lodder, President of Osisko Development commented, “As the Lowhee deposit is located immediately to the Southeast of the Cow Mountain deposit within the Cariboo Gold Project, these new results continue to highlight the extensive on strike and at depth mineralization potential yet to be defined along the Cariboo trend. Infill drilling is presently taking pace at Lowhee to better define an area for the fully permitted, 10,000 tonne bulk underground sample, of Cariboo style mineralization. This bulk sample will be accessed from the newly established Cow Mountain Portal located at Lowhee.” Vein corridors are defin...