Northern Miner
Osisko Mining (TSX: OSK) has found a new and shallow gold zone about 350 metres north of the main deposit at its Windfall property in Quebec, one of the highest grade resource-stage gold projects in Canada.
The mineralization occurs between a vertical depth from surface of between 50 metres and 275 metres and is open at depth and along strike.
Highlights include 393 grams gold per tonne over 2.2 metres starting from 100 metres downhole in OSK-W-19-1883 and 31 grams gold over 6.1 metres starting from 211 metres downhole in OSK-W-1911.
John Burzynski, Osisko’s president and CEO, noted in a press release that the new discovery “is a very positive sign that there is good potential to add new ounces near surface.” The new zone consists of gold-bearing quartz veins hosted in a silica-carbonate-sericite alteration envelope up to six metres wide.
Windfall, situated between Val-d’Or and Chibougamau, currently has 754,000 ounces of gold contained within 2.87 million indicated tonnes grading 8.17 grams gold and 2.37 million ounces of gold contained within 10.35 million inferred tonnes grading 7.11 grams gold.
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