Osisko Gaspé Expansion Hole Intersects 133.7 Metres Averaging 1.04% Cu

Core Insights - Osisko Metals has announced new drill results from the Gaspé Copper Project, indicating significant growth potential in the deposit with high-grade results from recent drilling [1][2][4] Summary by Category Drill Results - New analytical results include 26 mineralized intercepts from six new drill holes, with infill intercepts aimed at upgrading inferred mineral resources to measured or indicated categories [4][5] - Drill hole 30-1110 returned 1091.5 metres averaging 0.20% Cu, 1.52 g/t Ag, and 0.017% Mo (0.28% CuEq), confirming continuity of mineralization [13][7] - Drill hole 30-1109 showed 133.7 metres averaging 1.04% Cu, indicating a higher-grade zone [7][11] - Drill hole 30-1106 revealed a higher-grade interval of 33.8 metres averaging 1.04% Cu and 3.60 g/t Ag [10][12] Mineral Resource Expansion - The current drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and test for expansion deeper into the stratigraphy [17][16] - 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 [26][29] Geological Context - Mineralization at Gaspé Copper is of porphyry copper/skarn type, characterized by disseminations and stockworks of chalcopyrite with pyrite or pyrrhotite [15][19] - The drilling has identified multiple intersections of mineralized material, suggesting a "layer cake" distribution from surface to significant depths [9][10] Future Outlook - The company plans to include potential depth extensions to the deposit in the next scheduled MRE update in Q1 2026, focusing on areas previously under-drilled [17][16] - Historical drilling data suggests the potential for a higher-grade tabular deposit around the E Zone horizon, which may extend eastward [12][2]