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Osisko Metals Intersects 19.57% Zinc+Lead Over 32.24 Metres at Pine Point
MONTREAL , May 01, 2019 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB51, OTCQX: OMZNF) is pleased
About this update from Osisko Metals Incorporated
[{"type":"text","content":" MONTREAL , May 01, 2019 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB51, OTCQX: OMZNF) is pleased to announce additional assay results from 100 drill holes completed in the X-65 area within the North Zone of the Pine Point Mining Camp (“PPMC”). Highlights include drill hole X65-19-PP-025 that intersected 18.25% zinc and 1.31% lead over 32.24 metres and hole X65-19-PP-062 that intersected 9.62% zinc and 1.15% lead over 14.48 metres. All intersections are hosted within a flat lying tabular-style deposit known as X-65. All intercepts, except for X65-19-PP010 described below, are located between 17 to 73 metre vertical depths. Highlights are listed below in Table 1 and all composite assays and collar information details are provided in Tables 2 & 3. (See 2018 Summer Drill Campaign North Zone - X-65 Pit Area). A significant mineralized intersection was also cut in hole X65-19-PP-010 that encountered 2.41% zinc + lead over 1.00 meter at a stratigraphic interval 93 metres below mineralization in the X-65 Tabular deposit. This intercept confirms the potential of this lower horizon (in the Pine Point Formation below X-65) since this deeper stratigraphy hosts the historical X-15 deposit (past production 17.5Mt at 8.2% zinc + lead) that is located 22 kilometers to the northeast. Table 1: Selected Drill Highlights Hole Name Zone Area From To Width Zinc Lead Lead + Zinc (metres) (metres) (metres) % % % X65-18-PP-029 North Zone X-65 46.02 51.50 5.48 5.87 1.14 7.02 X65-19-PP-014B North Zone X-65m 40.63 46.00 5.37 12.58 14.43 27.02 X65-19-PP-025 North Zone X-65 21.12 53.36 32.24 18.25 1.31 19.57 X65-19-PP-027 North Zone X-65 37.40 44.00 6.60 8.88 1.78 10.66 X65-19-PP-060 North Zone X-65 21.45 27.45 6.00 10.29 2.61 12.90 X65-19-PP-062 North Zone X-65 23.23 37.71 14.48 9.62 1.15 10.77 Jeff Hussey, President & CEO of Osisko Metals, commented: “The exploration potential at Pine Point is enormous and the deeper intercept in X65-19-PP-10 reaffirms this potential. Cominco Ltd. largely focused their drilling on the upper third of the stratigraphic units which host mineralization at Pine Point. Some of the larger deposits, such as X-15 and N-204, are found in these lower units which remain poorly tested along the 65km of strike length. We are encouraged by this drilling and strongly ...