Osisko Metals Incorporated (TSXV: OM | OTCQX: OMZNF | FRANKFURT: 0B51) has announced initial drilling results from the 2025 drilling programme at the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.
Results for five holes have been reported, collared at the southern margin of the mineralized deposit as defined in the 2024 mineral resource estimate.
Robert Wares, Osisko Metals CEO, commented, “We are very pleased with these new drill results at Gaspé, which have exceeded our expectations. All holes intersected significant disseminated mineralization within the volume of the 2024 MRE model, and new mineralization has been added at depth well below the base of the 2024 MRE model, which was constrained to the lower contact of the C Zone skarn horizon. Drill core from historical hole 30-947 was also recovered and assayed, yielding positive results and indicating that the deposit extends laterally 110m south of the 2024 MRE model and remains open in that direction. This is an excellent start to the 2025 drill programme, and we look forward to a regular flow of results from our 110,000m programme as we confirm our large existing copper resource, and aim to expand it at depth, to the south and to the west towards Needle Mountain.”
Highlights of the results include drill hole 30-1059 which intersected 300m grading 0.39% Cu and 3.17g/t Ag within the 2024 MRE model where there was limited historical data.
Also, drill hole 30-1060 intersected 220.5m grading 0.29% Cu and 2.09g/t Ag within the 2024 MRE model, as well as 211.0m grading 0.42% Cu and 2.27g/t Ag at depth below the 2024 MRE model, extending mineralization to a vertical depth of 598m.
Drill hole 30-1063 intersected 109.5m grading 0.32% Cu and 2.52g/t Ag within the 2024 MRE model, as well as 61.5m grading 0.33% Cu and 2.60g/t Ag, and 43.5m grading 0.48% Cu and 3.20g/t Ag at depth below the 2024 MRE model, extending mineralization to a vertical depth of 678m.
The 2025 drill programme is primarily designed to convert the November 2024 MRE to measured and indicated categories, as well as test the expansion of the system deeper into the stratigraphy and laterally to the south and southwest towards Needle East and Needle Mountain respectively.
To find out more, please visit www.osiskometals.com
To read more articles like this, please visit www.theassay.com
