Osisko Gaspé Expansion Hole Intersects 133.7 Metres Averaging 1.04% Cu

Core Viewpoint - Osisko Metals Incorporated has announced new high-grade drill results from the Gaspé Copper Project, indicating significant growth potential in the deposit, particularly around the E Zone horizon [2][12]. Summary by Relevant Sections Drill Results - The latest drilling program has revealed 26 mineralized intercepts from six new drill holes, with infill intercepts aimed at upgrading inferred mineral resources to measured or indicated categories, while expansion intercepts may lead to additional resources [4][5]. - Notable drill holes include: - 30-1106: 39.0 meters averaging 0.40% Cu and 3.58 g/t Ag [6][10]. - 30-1109: 133.7 meters averaging 1.04% Cu and 6.48 g/t Ag [6][11]. - 30-1110: 1091.5 meters averaging 0.20% Cu, confirming continuity of mineralization [13]. - 30-1111: 304.5 meters averaging 0.17% Cu, extending mineralization to a vertical depth of 936 meters [14]. Mineralization Characteristics - The Gaspé Copper mineralization is characterized as porphyry copper/skarn type, with significant occurrences of chalcopyrite, pyrite, and molybdenite [15]. - Historical mining terms such as "porcellanite" are used to describe the altered host rock, which contains the bulk of the disseminated copper mineralization [15]. Resource Expansion Plans - The current drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and to explore deeper and lateral expansions towards Needle East and Needle Mountain [17]. - The November 2024 MRE indicated 824 million tonnes averaging 0.34% CuEq and inferred resources of 670 million tonnes averaging 0.38% CuEq [25]. Company Overview - Osisko Metals is focused on the critical metals sector, particularly copper and zinc, and has acquired a 100% interest in the Gaspé Copper mine, which is strategically located near existing infrastructure in Québec [25][26].