Osisko Out with New Find

Montreal-based Osisko Metals Incorporated (TSX-Venture:OM) Wednesday announced additional assay results from 100 drill holes completed in the X-65 area within the North Zone of the Pine Point Mining Camp, located on the south shore of Great Slave Lake in the Northwest Territories.

Highlights included one drill hole which intersected 18.25% zinc and 1.31% lead over 32.24 metres and another that intersected 9.62% zinc and 1.15% lead over 14.48 metres.

Said Osisko CEO Jeff Hussey, “The exploration potential at Pine Point is enormous and the deeper intercept (in one of these drill holes) reaffirms this potential. We are encouraged by this drilling and strongly believe that new discoveries can be made at Pine Point.”

Shares in Osisko gathered three cents, of 5.1%, late Wednesday morning, to 62 cents, on volume of 207,000

Related Stories