Osisko Intersects 738 Metres Averaging 0.31% Cu at Gaspé

Core Insights - Osisko Metals Incorporated announced new drill results from the Gaspé Copper Project, indicating significant mineralization and potential resource upgrades [1][2]. Drill Results Summary - The recent drilling program included 29 mineralized intercepts from ten new drill holes, focusing on upgrading inferred mineral resources to measured or indicated categories and expanding resources outside the current model [2][21]. - Notable drill results include: - Drill hole 30-1155: 738.0 metres averaging 0.31% Cu (0.41% CuEq) [4][6]. - Drill hole 30-1156: 760.5 metres averaging 0.26% Cu (0.35% CuEq) [4][6]. - Drill hole 30-1151: 484.5 metres averaging 0.27% Cu (0.41% CuEq) [6][13]. Mineralization Characteristics - The mineralization at Gaspé Copper is of porphyry copper/skarn type, characterized by disseminations and stockworks of chalcopyrite, with notable occurrences of molybdenum [19][30]. - The drilling program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and explore deeper stratigraphic extensions [21][30]. Project Background - Osisko Metals acquired a 100% interest in the Gaspé Copper mine in July 2023, which is strategically located near existing infrastructure in Québec [30]. - The current Indicated Mineral Resources are estimated at 824 million tonnes averaging 0.34% CuEq, with Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [30].