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Osisko Intersects 330.6 Metres Averaging 0.46% Cu in Southern Extension at Gaspé

Core Insights - Osisko Metals Incorporated announced new drill results from the Gaspé Copper Project, highlighting significant mineralization and potential resource expansion [1][2][31] Summary by Category Drill Results - Drill hole 30-1115 reported 33.0 metres averaging 1.28% Cu and 8.89 g/t Ag, indicating high-grade mineralization within the C Zone skarn horizon [5][9] - Drill hole 30-1117 showed 779.0 metres averaging 0.26% Cu, extending mineralization to a vertical depth of 991 metres [10] - Drill hole 30-1118 revealed 555.9 metres averaging 0.20% Cu, with additional deeper intersections [11] - Drill hole 30-1123 recorded 313.5 metres averaging 0.23% Cu and 220.5 metres averaging 0.20% Cu, indicating both infill and expansion potential [12] - Drill hole 30-1126 demonstrated 804.0 metres averaging 0.24% Cu, extending mineralization to a vertical depth of 1033 metres [14] - Drill hole 30-1128 encountered 330.6 metres averaging 0.46% Cu, including a high-grade interval of 14.5 metres averaging 2.51% Cu [16][17] Resource Expansion - The current drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and test for deeper and lateral expansions [22] - The Gaspé Copper Project hosts significant undeveloped copper resources, 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 [31] Geological Context - Mineralization at Gaspé Copper is characterized as porphyry copper/skarn type, with various mineralizing events recognized throughout the system [20] - The drilling strategy involves targeting altered calcareous stratigraphy, intersecting key skarn horizons that host the bulk of the disseminated copper mineralization [23]