Nothing but high grades as Osisko continues drilling Windfall

By Northern Miner Staff / March 01, 2021 / www.northernminer.com / Article Link

The more it drills the Windfall gold project in the Abitibi Greenstone Belt of Quebec, the more high grade results Osisko Mining (TSC:OSK) reports from the work. The latest uncut high grade was 342 grams gold per tonne over 2.5 metres, including 596 grams over 0.8 metre, from hole OSK-W-1432-W2. Even after being cut to 100 grams, the grade was 71.1 grams gold.

Current infill drilling is focused on resource blocks in the Lynx deposit. The company received results recently for 80 intercepts in 21 drill holes and 26 wedges. Select uncut intersects include 37.7 grams gold over 7.2 metres; 56.4 grams over 4.0 metres, 18.3 grams over 5.5 metres and 45.3 grams over 2.1 metres; 79.8 grams over 2.4 metres; 63.8 grams over 2.4 metres; 36.0 grams over 2.7 metres; 42.2 grams over 2.0 metres; and 21.1 grams over 4.0 metres.

Earlier this month Osisko upgraded the Windfall resource estimate. Using a cut-off grade of 3.50 grams gold per tonne, the Lynx deposit has measured and indicated resources of 6.0 million tonnes grading 9.6 grams gold and 5.9 grams silver for a contained total of almost 1.9 million oz. gold and 16.4 million oz. silver. The inferred portion totals 16.4 tonnes at 8.0 grams gold and 2.7 grams silver for 4.2 million oz. gold and 1.4 million oz. silver.

There are three other zones at the property. The Underdog and Main deposits have only indicated and inferred resource, and the Triple 8 has only an inferred tonnage.

Recent News

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com

US a major market for Canadian mineral exports

November 11, 2024 / www.canadianminingreport.com

Gold stocks down along with broad equities decline

November 04, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok