Osisko Metals’ Gaspé copper project in
eastern Quebec. Credit: Refined Substance
Osisko Metals (TSX: OM) hinted it may enlarge the deposit at its flagship Gaspé polymetallic project in Quebec after reporting drill results as high as 108 metres grading 0.84% copper and 3.35 grams silver per tonne.
That intercept, from 417 metres depth in hole 30-1090, also included 11.9 metres at 0.84% copper and 7.79 grams silver from 433 metres downhole, Osisko said Thursday. Another highlight hole, 30-1081, cut 301.8 metres averaging 0.41% copper and 3.36 grams silver from 94 metres downhole.
“Today’s results show consistency of mineralization across both infill and expansion areas,” National Bank Financial mining analyst Rabi Nizami said in a note. “We anticipate the pace of exploration and news flow to accelerate during the summer months ahead, with nine rigs now actively upgrading and expanding…
