Osisko Metals of Montreal is pleased with the assays from six recent drill holes at the Titan zone on its wholly owned Key Anacon zinc-lead-copper project located 20 km south of the city of Bathurst.
Hole KAT-18-11 intersected 10.0 metres of massive sulphides grading 6.69% zinc, 2.46% lead, 0.54% copper and 58.79 g/t silver within a wider zone of mineralization (38.0 metres grading 5.06% zinc, 1.68% lead, 0.51% copper and 44.45 g/t silver), in an area 70 metres up plunge and southeast from drill hole KAT-18-08 that intersected 13.16% zinc plus lead over 8.0 metres.
Additionally, drill hole KAT-18-23 intersected a copper-rich zone 25.0 metres below surface that graded 2.93% copper, 4.83% zinc, 1.70% lead and 34.16 g/t silver over 4.8 metres also within a wider mineralized zone. Finally, drill hole KAT-18-20 intersected a wide copper-rich zone of 0.97% copper, 0.42% zinc, 0.07% lead and 6.25 g/t silver over 35.00 metres.
The Key Anacon property contains two known Bathurst type volcanogenic massive sulphide (VMS) deposits - Main and Titan. They are situated at the same stratigraphic horizon that hosted the former Brunswick No.12 and No.6 mines. The property was drilled in 1950s and 1960s, 1992-93 and again in 2000, but no 43-101 compliant resource estimate has been made.
Osisko Metals considers the exploration potential to be high both at Key Anacon and adjacent properties it owns.
(This article originally appeared in the Canadian Mining Journal.)