Core Insights - Osisko Metals Incorporated announced new drill results from the Gaspé Copper Project, highlighting the large-scale potential of mineralization at the site [1][2] - Significant new analytical results include 35 mineralized intercepts from ten drill holes, with infill intercepts aimed at upgrading inferred mineral resources and expansion intercepts potentially leading to additional resources [2][3] Drill Results Summary - Drill hole 30-1082 intersected 853.5 metres of continuous mineralization averaging 0.20% Cu, with a significant lower intercept of 424.0 metres averaging 0.21% Cu, extending mineralization to a depth of 1140 metres [6][10] - Drill hole 30-1089 reported 645.0 metres averaging 0.28% Cu, including an expansion lower intercept of 396.7 metres averaging 0.30% Cu, extending mineralization to a depth of 965 metres [14][15] - Drill hole 30-1083 showed 427.5 metres averaging 0.26% Cu, with a deeper intercept of 328.0 metres averaging 0.24% Cu, extending mineralization to a depth of 900 metres [11][12] - Drill hole 30-1087 reported 334.5 metres averaging 0.23% Cu and a deeper intercept of 74.5 metres averaging 0.62% Cu, extending mineralization to a depth of 598 metres [12] - Drill hole 30-1088, located outside the 2024 MRE model, intersected 122.7 metres averaging 0.24% Cu, indicating previously undocumented mineralization [13] Mineral Resource Context - The Gaspé Copper Project hosts the largest undeveloped copper resource in eastern North America, with current Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq and Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [28] - The current drill program aims to convert the November 2024 Mineral Resource Estimate to Measured and Indicated categories and test for expansion deeper into the stratigraphy [21][28]
Osisko Metals Gaspé Copper Project Intersects 645 Metres Averaging 0.28% Cu
GlobeNewswire News Room·2025-07-22 10:00