Osisko Development Intersects 10.85 g/t Au over 14.25 meters and other High-Grade Samples of 91.6 g/t Au, 90.7 g/t Au, 126.5 g/t Au, 120.0 g/t Au, 94.1 g/t Au, 201.0 g/t Au, 278.0 g/t Au and 113.0 g/t Au at Valley
April 13 2022 - 9:00AM
Osisko Development Corp. (“
Osisko Development” or
the “
Company”) (TSX.V-ODV) is pleased to announce
drilling results from the 2021 exploration and category conversion
drill campaign at its Cariboo Gold Project
(“
Cariboo”) in central British Columbia.
Summary
- A total of 47,500 meters were drilled in 109 holes in the
Valley Deposit in 2021.
- This news release includes assay results from holes
CM-21-061-1 to CM-21-093 (Figures 1 and 2).
- Visible gold was observed in many holes
including assays of 91.60 g/t Au over 0.60 meter
in hole CM-21-063, 126.50 g/t Au over 0.50 meter
in CM-21-068, 120.00 g/t Au over 0.50 meter and
94.10 g/t Au over 0.65 meter in CM-21-084,
201.00 g/t Au over 0.50 meter CM-21-086 and
278.00 g/t Au over 0.50 meter in CM-21-088
(Figure 3).
- CM-21-078 intersected a vein corridor that assayed
10.85 g/t Au over 14.25 meters and included higher
grade samples of 23.20 g/t Au over 0.70 meter,
32.10 g/t Au over 0.80 meter, 23.90 g/t
Au over 0.50 meter, 25.70 g/t Au over
0.50 meter, 23.40 g/t Au over 0.50 meter and
22.90 g/t Au over 0.50 meter.
- Detailed drilling results and a drill hole location plan map
are presented at the end of this release.
Assay Highlights
- 7.51 g/t Au over
11.65 meters in hole CM-21-061-1
- 29.08 g/t Au over
0.60 meter in hole CM-21-061-1
- 91.60 g/t Au over
0.60 meter in hole CM-21-063
- 42.62 g/t Au over
1.60 meters in hole CM-21-064
- 8.44 g/t Au over
5.20 meters in hole CM-21-064
- 90.70 g/t Au over
0.50 meter in hole CM-21-066
- 13.03 g/t Au over
8.20 meters in hole CM-21-067
- 126.50 g/t Au over
0.50 meter in hole CM-21-068
- 4.57 g/t Au over
13.55 meters in hole CM-21-069 including
- 60.20 g/t Au over
0.75 meter
- 8.11 g/t Au over
6.25 meters in hole CM-21-070
- 3.89 g/t Au over
16.90 meters in hole CM-21-071
- 5.85 g/t Au over
7.55 meters in hole CM-21-076
- 10.85 g/t Au over
14.25 meters in hole CM-21-078
- 75.80 g/t Au over
1.15 meters in hole CM-21-084 including
- 120.00 g/t Au over
0.50 meter
- 14.01 g/t Au over
4.80 meters in hole CM-21-084 including
- 94.10 g/t Au over
0.65 meter
- 15.74 g/t Au over
3.80 meters in hole CM-21-085
- 19.73 g/t Au over
2.50 meters in hole CM-21-086
- 201.00 g/t Au over
0.50 meter in hole CM-21-086
- 4.98 g/t Au over
8.10 meters in hole CM-21-087
- 12.40 g/t Au over
4.15 meters in hole CM-21-087 including
- 85.00 g/t Au over
0.50 meter
- 100.87 g/t Au over
1.50 meters in hole CM-21-088 including
- 278.00 g/t Au over
0.50 meter
- 113.00 g/t Au over
0.50 meter in hole CM-21-089
- 6.78 g/t Au over
8.00 meters in hole CM-21-089
- 8.44 g/t Au over
4.90 meters in hole CM-21-091
- 5.89 g/t Au over
8.70 meters in hole CM-21-092
- 27.47 g/t Au over
1.90 meters in hole CM-21-093 including
- 46.30 g/t Au over
0.90 meter
- 10.57 g/t Au over
5.35 meters in hole CM-21-093
- 18.72 g/t Au over
2.60 meters in hole CM-21-093
- 80.80 g/t Au over
0.60 meter in hole CM-21-093
- 14.89 g/t Au over
8.60 meters in hole CM-21-093
Maggie Layman, Vice President of Exploration for
Osisko Development commented, “The 2021 category conversion and
exploration program at the Valley Deposit was successful in
delineating and expanding known vein corridors with high grade gold
samples to support our feasibility study and ongoing mine planning,
increasing confidence in the project and generating further
interest for exploration within the main area and beyond.”
Vein corridors are defined as high-density
networks of mineralized quartz veins within the axis of the
deposit’s last folding event. These mineralized structures are
predominantly hosted within a brittle meta-sandstone or calcareous
meta-sandstone. Vein corridors are modelled at a minimum thickness
of 2.00 meters and average about 4.50 meters true width. Individual
mineralized veins within these corridors have widths varying from
centimeters to several meters and strike lengths from a few meters
to over 50 meters. These corridors have been defined from surface
to a vertical depth averaging 300 meters and remain open for
expansion at depth and along strike. Gold grades are intimately
associated with quartz vein-hosted pyrite as well as pyritic,
intensely silicified wall rock vein selvages.
True widths are estimated to be 60% to 75% of
reported core length intervals. Intervals not recovered by drilling
were assigned zero grade. Top cuts have not been applied to high
grade assays. Complete assay highlights are presented in Table 1,
drill hole locations are listed in Table 2.
Qualified Persons
Per National Instrument 43-101 Standards of
Disclosure for Mineral Projects, Maggie Layman, P.Geo. Vice
President Exploration of Osisko Development Corp., is a Qualified
Person and has prepared, validated, and approved the technical and
scientific content of this news release.
Quality Assurance – Quality
Control
Once received from the drill and processed, all
drill core samples are sawn in half, labelled and bagged. The
remaining drill core is subsequently stored on site at a secured
facility in Wells, BC. Numbered security tags are applied to lab
shipments for chain of custody requirements. Quality control (“QC”)
samples are inserted at regular intervals in the sample stream,
including blanks and reference materials with all sample shipments
to monitor laboratory performance. The QAQC program was designed
and approved by Lynda Bloom, P.Geo. of Analytical Solutions
Ltd.
Drill core samples are submitted to ALS
Geochemistry’s analytical facility in North Vancouver, British
Columbia for preparation and analysis. The ALS facility is
accredited to the ISO/IEC 17025 standard for gold assays and all
analytical methods include quality control materials at set
frequencies with established data acceptance criteria. The entire
sample is crushed, and 250 grams is pulverized. Analysis for gold
is by 50g fire assay fusion with atomic absorption (“AAS”) finish
with a lower limit of 0.01 ppm and upper limit of 100 ppm. Samples
with gold assays greater than 100 ppm are re-analyzed using a
1,000g screen metallic fire assay. A selected number of samples are
also analyzed using a 48 multi-elemental geochemical package by a
4-acid digestion, followed by Inductively Coupled Plasma Atomic
Emission Spectroscopy (“ICP-AES”) and Inductively Coupled Plasma
Mass Spectroscopy (“ICP-MS”).
About Osisko Development
Corp.
Osisko Development Corp. is uniquely positioned
as a premier gold development company in North America to advance
the Cariboo Gold Project and other Canadian and Mexican properties,
with the objective of becoming the next mid-tier gold producer. The
Cariboo Gold Project, located in central British Columbia, is
Osisko Development's flagship asset with measured and indicated
resources of 21.44 Mt at 4.6 Au g/t for a total of 3.2 million
ounces of gold and inferred resource of 21.69 Mt at 3.9 Au g/t
for a total of 2.7 million ounces of gold (see NI 43-101 Technical
Report and mineral resource estimate effective October 5th,
2020). The considerable exploration potential at depth and along
strike distinguishes the Cariboo Gold Project relative to other
development assets as does the historically low, all-in discovery
costs of US $19 per ounce. The Cariboo Gold Project is
advancing through permitting as a 4,750 tonnes per day underground
operation with a feasibility study on track for completion in the
first half of 2022. Osisko Development's project pipeline is
complemented by potential near-term production targeted from the
San Antonio gold project, located in Sonora Mexico. Osisko
Development began trading on the TSX Venture Exchange under the
symbol “ODV” on December 2, 2020 and 14,789,373 of the
Company’s 24,315,223 outstanding share purchase warrants were
listed on the TSX Venture Exchange under the symbol “ODV.WT” on
October 25, 2021.
For further information, please contact Osisko
Development Corp.:
Jean Francois LemondeVP Investor
Relationsjflemonde@osiskodev.comTel: 514-299-4926
Forward-looking Statements
Certain statements contained in this press
release may be deemed “forward‐looking statements” within the
meaning of applicable Canadian and U.S. securities laws. These
forward‐looking statements, by their nature, require Osisko
Development to make certain assumptions and necessarily involve
known and unknown risks and uncertainties that could cause actual
results to differ materially from those expressed or implied in
these forward‐looking statements. Forward‐looking statements are
not guarantees of performance. Words such as “may”, “will”,
“would”, “could”, “expect”, “believe”, “plan”, “anticipate”,
“intend”, “estimate”, “continue”, or the negative or comparable
terminology, as well as terms usually used in the future and the
conditional, are intended to identify forward‐looking statements.
Information contained in forward‐looking statements is based upon
certain material assumptions that were applied in drawing a
conclusion or making a forecast or projection, including
management’s perceptions of historical trends, current conditions
and expected future developments, results of further exploration
work to define and expand mineral resources, expected conclusions
of optimization studies, that vein corridors continue to be defined
as a high-density network of mineralized quartz within the axis of
the last folding event and hosted within the sandstones and that
the deposit remains open for expansion at depth and down plunge, as
well as other considerations that are believed to be appropriate in
the circumstances. Osisko Development considers its assumptions to
be reasonable based on information currently available, but
cautions the reader that their assumptions regarding future events,
many of which are beyond the control of Osisko Development, may
ultimately prove to be incorrect since they are subject to risks
and uncertainties that affect Osisko Development and its business.
Such risks and uncertainties include, among others, risks relating
to the ability of exploration activities (including drill results)
to accurately predict mineralization; errors in management’s
geological modelling; the ability of to complete further
exploration activities, including drilling; property and stream
interests in the San Antonio gold project; the ability of the
Corporation to obtain required approvals; the results of
exploration activities; risks relating to exploration, development
and mining activities; the global economic climate; metal prices;
dilution; environmental risks; and community and non-governmental
actions and the responses of relevant governments to the COVID-19
outbreak and the effectiveness of such responses.
For additional information with respect to these
and other factors and assumptions underlying the forward‐ looking
statements made in this news release concerning Osisko Development,
see the Filing Statement available electronically on SEDAR
(www.sedar.com) under Osisko Development's issuer profile. The
forward‐looking statements set forth herein concerning Osisko
Development reflect management's expectations as at the date of
this news release and are subject to change after such date. Osisko
Development disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, other than as required by
law.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release. No stock exchange,
securities commission or other regulatory authority has approved or
disapproved the information contained herein.
Table 1: Cariboo Gold
Project 2021 Length Weighted Drill Hole Gold
Composites
HOLE ID |
|
FROM (M) |
TO (M) |
LENGTH (M) |
AU (G/T) |
CM-21-061-1 |
|
162.00 |
162.50 |
0.50 |
21.60 |
|
|
171.00 |
182.65 |
11.65 |
7.51 |
|
Including |
174.30 |
174.90 |
0.60 |
27.60 |
|
and |
174.90 |
175.60 |
0.70 |
23.80 |
|
and |
180.10 |
180.70 |
0.60 |
25.50 |
|
and |
181.50 |
182.65 |
1.15 |
24.30 |
|
|
192.20 |
192.80 |
0.60 |
29.80 |
|
|
209.00 |
218.75 |
9.75 |
3.03 |
|
Including |
209.00 |
209.50 |
0.50 |
9.64 |
|
and |
209.50 |
210.00 |
0.50 |
12.55 |
|
and |
213.20 |
213.80 |
0.60 |
17.00 |
|
and |
218.25 |
218.75 |
0.50 |
10.85 |
|
|
282.90 |
286.20 |
3.30 |
7.99 |
|
Including |
285.20 |
286.20 |
1.00 |
24.30 |
|
|
312.80 |
313.30 |
0.50 |
3.04 |
|
|
315.00 |
316.20 |
1.20 |
7.41 |
CM-21-062 |
|
82.75 |
83.35 |
0.60 |
31.40 |
|
|
90.90 |
92.10 |
1.20 |
3.94 |
CM-21-063 |
|
73.70 |
74.30 |
0.60 |
91.60 |
|
|
84.70 |
85.30 |
0.60 |
26.30 |
|
|
127.75 |
128.60 |
0.85 |
3.08 |
|
|
185.30 |
187.00 |
1.70 |
3.66 |
|
|
195.40 |
196.60 |
1.20 |
8.16 |
|
Including |
195.40 |
195.90 |
0.50 |
14.60 |
|
|
258.50 |
259.00 |
0.50 |
7.62 |
|
|
308.00 |
309.00 |
1.00 |
9.83 |
|
|
317.45 |
318.00 |
0.55 |
10.75 |
|
|
344.20 |
344.70 |
0.50 |
6.86 |
CM-21-064 |
|
87.60 |
88.15 |
0.55 |
5.51 |
|
|
91.00 |
92.45 |
1.45 |
3.79 |
|
Including |
91.95 |
92.45 |
0.50 |
6.00 |
|
|
101.50 |
102.00 |
0.50 |
8.14 |
|
|
124.75 |
126.00 |
1.25 |
3.48 |
|
Including |
125.35 |
126.00 |
0.65 |
5.33 |
|
|
135.50 |
136.00 |
0.50 |
6.02 |
|
|
169.70 |
171.30 |
1.60 |
42.62 |
|
Including |
170.50 |
171.30 |
0.80 |
82.20 |
|
|
374.65 |
375.95 |
1.30 |
6.85 |
|
|
437.70 |
438.60 |
0.90 |
3.81 |
|
|
443.00 |
448.20 |
5.20 |
8.44 |
|
Including |
443.00 |
443.50 |
0.50 |
10.55 |
|
and |
447.20 |
447.70 |
0.50 |
8.48 |
|
and |
447.70 |
448.20 |
0.50 |
24.60 |
CM-21-065 |
|
81.85 |
82.60 |
0.75 |
26.50 |
|
|
153.00 |
155.05 |
2.05 |
9.83 |
|
Including |
153.00 |
153.55 |
0.55 |
22.90 |
|
|
261.65 |
263.00 |
1.35 |
5.23 |
|
|
273.50 |
274.20 |
0.70 |
5.34 |
|
|
316.85 |
317.35 |
0.50 |
9.20 |
|
|
320.05 |
320.55 |
0.50 |
6.74 |
|
|
357.25 |
357.80 |
0.55 |
7.46 |
CM-21-066 |
|
130.50 |
131.30 |
0.80 |
4.20 |
|
|
294.50 |
295.00 |
0.50 |
90.70 |
|
|
368.85 |
369.75 |
0.90 |
3.28 |
|
|
371.55 |
372.10 |
0.55 |
4.34 |
|
|
385.10 |
388.00 |
2.90 |
4.15 |
|
Including |
385.10 |
386.50 |
1.40 |
6.34 |
CM-21-067 |
|
79.10 |
79.60 |
0.50 |
27.60 |
|
|
87.85 |
88.45 |
0.60 |
4.24 |
|
|
158.00 |
166.20 |
8.20 |
13.03 |
|
Including |
159.55 |
160.20 |
0.65 |
36.70 |
|
and |
160.80 |
161.50 |
0.70 |
54.80 |
|
and |
162.20 |
162.75 |
0.55 |
20.50 |
|
and |
162.75 |
163.30 |
0.55 |
49.20 |
|
|
237.00 |
237.65 |
0.65 |
10.25 |
|
|
308.85 |
311.25 |
2.40 |
4.77 |
|
Including |
309.85 |
311.25 |
1.40 |
7.42 |
CM-21-068 |
|
149.30 |
149.80 |
0.50 |
4.83 |
|
|
164.20 |
164.70 |
0.50 |
15.05 |
|
|
170.50 |
171.00 |
0.50 |
126.50 |
|
|
196.55 |
197.90 |
1.35 |
4.52 |
|
|
258.00 |
258.95 |
0.95 |
24.00 |
|
|
315.25 |
318.35 |
3.10 |
3.75 |
|
Including |
315.25 |
315.80 |
0.55 |
10.30 |
|
and |
317.85 |
318.35 |
0.50 |
11.80 |
CM-21-069 |
|
175.90 |
176.65 |
0.75 |
3.89 |
|
|
179.80 |
180.45 |
0.65 |
23.80 |
|
|
206.00 |
206.65 |
0.65 |
8.25 |
|
|
265.20 |
278.75 |
13.55 |
4.57 |
|
Including |
278.00 |
278.75 |
0.75 |
60.20 |
|
|
321.75 |
323.20 |
1.45 |
5.39 |
CM-21-070 |
|
74.00 |
74.50 |
0.50 |
17.55 |
|
|
96.70 |
97.20 |
0.50 |
3.87 |
|
|
106.45 |
109.60 |
3.15 |
9.71 |
|
Including |
106.45 |
106.95 |
0.50 |
53.20 |
|
|
116.20 |
116.70 |
0.50 |
3.50 |
|
|
118.60 |
119.10 |
0.50 |
3.60 |
|
|
131.90 |
134.00 |
2.10 |
4.54 |
|
Including |
132.80 |
133.30 |
0.50 |
7.14 |
|
and |
133.30 |
134.00 |
0.70 |
7.07 |
|
|
137.20 |
141.00 |
3.80 |
5.07 |
|
Including |
137.20 |
137.85 |
0.65 |
14.85 |
|
and |
140.00 |
140.50 |
0.50 |
12.05 |
|
|
164.10 |
165.50 |
1.40 |
5.54 |
|
|
172.00 |
175.00 |
3.00 |
10.46 |
|
Including |
172.00 |
172.50 |
0.50 |
8.39 |
|
and |
174.50 |
175.00 |
0.50 |
52.30 |
|
|
350.30 |
350.80 |
0.50 |
27.30 |
|
|
365.70 |
366.30 |
0.60 |
4.55 |
|
|
490.00 |
496.25 |
6.25 |
8.11 |
|
Including |
492.75 |
493.25 |
0.50 |
5.26 |
|
and |
494.25 |
494.75 |
0.50 |
63.50 |
|
and |
495.25 |
495.75 |
0.50 |
10.35 |
|
|
498.30 |
498.80 |
0.50 |
3.59 |
|
|
525.10 |
525.65 |
0.55 |
24.20 |
|
|
600.50 |
601.20 |
0.70 |
3.03 |
CM-21-071 |
|
78.30 |
79.00 |
0.70 |
3.21 |
|
|
114.00 |
116.00 |
2.00 |
19.85 |
|
Including |
114.50 |
116.00 |
1.50 |
25.80 |
|
|
124.35 |
125.15 |
0.80 |
3.37 |
|
|
128.00 |
129.50 |
1.50 |
8.02 |
|
Including |
128.65 |
129.50 |
0.85 |
13.30 |
|
|
132.25 |
135.15 |
2.90 |
10.55 |
|
Including |
132.25 |
133.40 |
1.15 |
16.55 |
|
and |
133.40 |
133.90 |
0.50 |
19.25 |
|
|
144.90 |
145.40 |
0.50 |
34.80 |
|
|
148.60 |
149.10 |
0.50 |
3.46 |
|
|
155.00 |
171.90 |
16.90 |
3.89 |
|
Including |
155.85 |
156.55 |
0.70 |
8.28 |
|
and |
157.90 |
158.70 |
0.80 |
9.87 |
|
and |
161.60 |
162.15 |
0.55 |
13.55 |
|
and |
168.60 |
169.20 |
0.60 |
14.85 |
|
and |
171.15 |
171.90 |
0.75 |
15.65 |
|
|
304.00 |
304.50 |
0.50 |
3.92 |
CM-21-072 |
No significant assays |
|
|
|
|
CM-21-073 |
|
85.60 |
86.60 |
1.00 |
3.67 |
|
Including |
85.60 |
86.10 |
0.50 |
4.67 |
CM-21-074 |
|
91.00 |
92.50 |
1.50 |
4.64 |
CM-21-075 |
|
63.75 |
66.00 |
2.25 |
6.31 |
|
Including |
63.75 |
64.25 |
0.50 |
13.80 |
|
and |
65.40 |
66.00 |
0.60 |
11.80 |
|
|
82.30 |
83.00 |
0.70 |
4.03 |
|
|
113.50 |
116.50 |
3.00 |
7.30 |
|
Including |
113.50 |
114.10 |
0.60 |
29.90 |
|
|
158.25 |
158.75 |
0.50 |
5.65 |
|
|
166.75 |
172.10 |
5.35 |
3.67 |
|
Including |
166.75 |
167.35 |
0.60 |
9.89 |
|
and |
168.05 |
168.55 |
0.50 |
6.42 |
|
and |
171.50 |
172.10 |
0.60 |
17.15 |
|
|
216.50 |
217.15 |
0.65 |
21.50 |
CM-21-076 |
|
97.90 |
98.40 |
0.50 |
40.50 |
|
|
104.20 |
111.75 |
7.55 |
5.85 |
|
Including |
108.00 |
108.55 |
0.55 |
30.20 |
|
and |
111.25 |
111.75 |
0.50 |
33.00 |
|
|
132.40 |
135.55 |
3.15 |
8.59 |
|
Including |
134.60 |
135.55 |
0.95 |
20.90 |
CM-21-077 |
|
77.50 |
78.00 |
0.50 |
19.80 |
|
|
92.00 |
92.50 |
0.50 |
3.26 |
|
|
100.80 |
101.30 |
0.50 |
4.36 |
|
|
112.30 |
115.95 |
3.65 |
2.86 |
|
Including |
112.90 |
113.40 |
0.50 |
7.68 |
|
|
117.80 |
118.30 |
0.50 |
5.47 |
|
|
385.70 |
386.60 |
0.90 |
5.69 |
|
|
391.35 |
392.85 |
1.50 |
4.53 |
|
|
398.60 |
399.80 |
1.20 |
20.00 |
|
|
413.80 |
414.55 |
0.75 |
7.67 |
|
|
439.60 |
443.50 |
3.90 |
2.79 |
|
Including |
439.60 |
440.40 |
0.80 |
6.77 |
|
|
463.70 |
464.20 |
0.50 |
8.00 |
|
|
468.00 |
468.50 |
0.50 |
3.27 |
|
|
474.90 |
475.50 |
0.60 |
5.46 |
|
|
515.35 |
515.85 |
0.50 |
7.37 |
|
|
525.30 |
525.80 |
0.50 |
8.20 |
|
|
527.70 |
528.30 |
0.60 |
3.46 |
|
|
579.85 |
580.60 |
0.75 |
3.01 |
|
|
586.10 |
586.60 |
0.50 |
4.44 |
CM-21-078 |
|
92.60 |
95.50 |
2.90 |
3.72 |
|
Including |
92.60 |
93.10 |
0.50 |
14.60 |
|
|
127.75 |
128.45 |
0.70 |
4.53 |
|
|
132.50 |
141.60 |
9.10 |
3.66 |
|
Including |
134.50 |
135.20 |
0.70 |
8.01 |
|
and |
138.00 |
138.50 |
0.50 |
16.05 |
|
|
145.50 |
150.50 |
5.00 |
6.89 |
|
Including |
147.50 |
148.00 |
0.50 |
6.86 |
|
and |
149.00 |
149.50 |
0.50 |
32.30 |
|
and |
150.00 |
150.50 |
0.50 |
22.60 |
|
|
156.70 |
162.60 |
5.90 |
2.14 |
|
Including |
156.70 |
157.20 |
0.50 |
8.74 |
|
and |
161.00 |
161.55 |
0.55 |
5.64 |
|
|
164.10 |
166.60 |
2.50 |
6.60 |
|
Including |
164.10 |
164.60 |
0.50 |
25.20 |
|
|
168.90 |
175.00 |
6.10 |
4.96 |
|
Including |
171.50 |
172.00 |
0.50 |
15.50 |
|
and |
174.00 |
174.50 |
0.50 |
26.00 |
|
|
341.40 |
342.00 |
0.60 |
4.21 |
|
|
352.50 |
353.00 |
0.50 |
7.26 |
|
|
486.70 |
487.30 |
0.60 |
12.85 |
|
|
507.25 |
521.50 |
14.25 |
10.85 |
|
Including |
510.00 |
510.70 |
0.70 |
23.20 |
|
and |
511.20 |
512.00 |
0.80 |
32.10 |
|
and |
512.00 |
512.50 |
0.50 |
23.90 |
|
and |
513.00 |
513.50 |
0.50 |
25.70 |
|
and |
514.00 |
514.50 |
0.50 |
23.40 |
|
and |
515.00 |
515.50 |
0.50 |
22.90 |
|
|
586.50 |
587.60 |
1.10 |
9.18 |
|
Including |
587.05 |
587.60 |
0.55 |
15.25 |
|
|
653.55 |
654.05 |
0.50 |
3.76 |
CM-21-079 |
|
184.30 |
185.00 |
0.70 |
4.23 |
|
|
320.85 |
321.75 |
0.90 |
5.97 |
CM-21-080 |
No significant assays |
|
|
|
|
CM-21-081 |
|
153.00 |
154.50 |
1.50 |
6.00 |
|
|
324.00 |
327.80 |
3.80 |
6.23 |
|
Including |
327.30 |
327.80 |
0.50 |
36.30 |
|
|
387.05 |
390.05 |
3.00 |
3.85 |
|
Including |
387.55 |
388.15 |
0.60 |
8.52 |
|
|
395.20 |
396.20 |
1.00 |
13.20 |
|
|
408.65 |
410.00 |
1.35 |
6.64 |
|
|
508.90 |
509.40 |
0.50 |
9.07 |
|
|
513.00 |
514.00 |
1.00 |
3.55 |
|
|
518.10 |
518.60 |
0.50 |
12.30 |
|
|
522.70 |
524.00 |
1.30 |
13.44 |
|
|
529.85 |
530.80 |
0.95 |
7.03 |
CM-21-082 |
|
60.60 |
61.15 |
0.55 |
7.48 |
|
|
85.20 |
86.00 |
0.80 |
4.86 |
|
|
116.00 |
116.50 |
0.50 |
3.82 |
|
|
139.15 |
139.65 |
0.50 |
13.45 |
|
|
149.55 |
150.10 |
0.55 |
7.17 |
CM-21-083 |
|
89.85 |
90.50 |
0.65 |
9.57 |
|
|
99.35 |
103.10 |
3.75 |
4.68 |
|
|
102.60 |
103.10 |
0.50 |
18.90 |
|
|
119.65 |
120.20 |
0.55 |
20.70 |
|
|
154.50 |
155.00 |
0.50 |
19.25 |
|
|
161.20 |
161.90 |
0.70 |
10.20 |
|
|
171.85 |
172.35 |
0.50 |
7.23 |
CM-21-084 |
|
123.85 |
124.80 |
0.95 |
10.95 |
|
|
171.15 |
172.30 |
1.15 |
75.80 |
|
Including |
171.15 |
171.65 |
0.50 |
120.00 |
|
|
195.50 |
196.00 |
0.50 |
9.80 |
|
|
204.50 |
205.55 |
1.05 |
7.99 |
|
|
265.00 |
266.30 |
1.30 |
9.69 |
|
|
273.40 |
274.40 |
1.00 |
4.32 |
|
|
279.00 |
280.00 |
1.00 |
10.95 |
|
|
296.00 |
296.50 |
0.50 |
18.85 |
|
|
301.80 |
303.00 |
1.20 |
25.60 |
|
|
314.25 |
315.20 |
0.95 |
5.88 |
|
|
323.20 |
328.00 |
4.80 |
14.01 |
|
Including |
325.80 |
326.45 |
0.65 |
94.10 |
|
|
337.35 |
337.85 |
0.50 |
6.66 |
|
|
450.40 |
451.00 |
0.60 |
4.68 |
|
|
455.15 |
456.85 |
1.70 |
4.03 |
|
|
462.00 |
464.50 |
2.50 |
15.12 |
|
|
504.50 |
505.00 |
0.50 |
3.59 |
|
|
547.00 |
547.50 |
0.50 |
3.46 |
CM-21-085 |
|
227.00 |
230.80 |
3.80 |
15.74 |
|
Including |
228.00 |
228.50 |
0.50 |
53.60 |
|
and |
230.30 |
230.80 |
0.50 |
21.50 |
CM-21-086 |
|
74.50 |
75.00 |
0.50 |
4.35 |
|
|
100.70 |
101.20 |
0.50 |
4.40 |
|
|
104.90 |
105.40 |
0.50 |
5.94 |
|
|
137.50 |
140.00 |
2.50 |
19.73 |
|
Including |
137.50 |
138.00 |
0.50 |
63.60 |
|
and |
138.00 |
138.50 |
0.50 |
28.00 |
|
|
149.90 |
150.40 |
0.50 |
6.30 |
|
|
177.50 |
179.00 |
1.50 |
8.35 |
|
|
191.50 |
192.00 |
0.50 |
3.29 |
|
|
314.00 |
314.85 |
0.85 |
3.52 |
|
|
317.80 |
318.35 |
0.55 |
4.34 |
|
|
448.75 |
449.50 |
0.75 |
3.24 |
|
|
464.50 |
466.30 |
1.80 |
4.51 |
|
Including |
464.50 |
465.00 |
0.50 |
9.41 |
|
|
496.50 |
497.00 |
0.50 |
6.67 |
|
|
500.65 |
503.90 |
3.25 |
33.52 |
|
Including |
501.15 |
501.65 |
0.50 |
201.00 |
|
and |
503.40 |
503.90 |
0.50 |
15.30 |
|
|
520.45 |
521.05 |
0.60 |
17.75 |
|
|
532.15 |
532.65 |
0.50 |
5.07 |
|
|
607.20 |
607.70 |
0.50 |
6.60 |
CM-21-087 |
|
67.95 |
68.50 |
0.55 |
11.20 |
|
|
82.00 |
83.00 |
1.00 |
3.59 |
|
|
108.95 |
117.05 |
8.10 |
4.98 |
|
Including |
110.55 |
111.05 |
0.50 |
11.45 |
|
and |
114.50 |
115.05 |
0.55 |
34.60 |
|
and |
116.55 |
117.05 |
0.50 |
15.40 |
|
|
304.10 |
308.25 |
4.15 |
12.40 |
|
Including |
306.75 |
307.25 |
0.50 |
85.00 |
|
and |
307.75 |
308.25 |
0.50 |
12.55 |
CM-21-088 |
|
67.00 |
68.00 |
1.00 |
4.02 |
|
|
109.50 |
114.50 |
5.00 |
4.07 |
|
Including |
114.00 |
114.50 |
0.50 |
24.50 |
|
|
130.80 |
131.30 |
0.50 |
6.28 |
|
|
134.00 |
134.50 |
0.50 |
8.32 |
|
|
139.50 |
145.00 |
5.50 |
3.13 |
|
Including |
139.50 |
140.00 |
0.50 |
8.48 |
|
and |
141.40 |
141.90 |
0.50 |
7.30 |
|
and |
143.90 |
144.50 |
0.60 |
8.83 |
|
|
149.50 |
150.00 |
0.50 |
3.61 |
|
|
169.00 |
169.55 |
0.55 |
6.19 |
|
|
173.40 |
181.00 |
7.60 |
3.64 |
|
Including |
173.40 |
174.00 |
0.60 |
17.90 |
|
and |
178.00 |
178.50 |
0.50 |
11.70 |
|
and |
180.40 |
181.00 |
0.60 |
7.70 |
|
|
303.20 |
303.80 |
0.60 |
5.63 |
|
|
332.20 |
332.80 |
0.60 |
31.50 |
|
|
360.80 |
362.30 |
1.50 |
100.87 |
|
Including |
360.80 |
361.30 |
0.50 |
24.60 |
|
and |
361.80 |
362.30 |
0.50 |
278.00 |
|
|
368.50 |
369.00 |
0.50 |
3.16 |
|
|
521.05 |
521.65 |
0.60 |
3.78 |
|
|
526.50 |
529.10 |
2.60 |
3.48 |
|
Including |
526.50 |
527.00 |
0.50 |
13.30 |
CM-21-089 |
|
64.65 |
65.30 |
0.65 |
3.05 |
|
|
74.70 |
75.30 |
0.60 |
5.25 |
|
|
79.10 |
80.21 |
1.11 |
5.38 |
|
Including |
79.70 |
80.21 |
0.51 |
8.50 |
|
|
90.00 |
92.80 |
2.80 |
4.05 |
|
Including |
92.30 |
92.80 |
0.50 |
13.20 |
|
|
96.50 |
98.25 |
1.75 |
6.58 |
|
Including |
96.50 |
97.00 |
0.50 |
17.60 |
|
|
110.50 |
111.00 |
0.50 |
5.68 |
|
|
115.50 |
118.50 |
3.00 |
4.71 |
|
|
132.30 |
132.80 |
0.50 |
113.00 |
|
|
137.20 |
139.30 |
2.10 |
12.28 |
|
Including |
138.80 |
139.30 |
0.50 |
49.30 |
|
|
146.00 |
150.10 |
4.10 |
7.20 |
|
Including |
147.50 |
148.00 |
0.50 |
26.40 |
|
and |
148.55 |
149.05 |
0.50 |
15.50 |
|
|
165.00 |
165.50 |
0.50 |
20.50 |
|
|
172.80 |
178.90 |
6.10 |
5.12 |
|
Including |
173.30 |
173.80 |
0.50 |
16.50 |
|
and |
177.30 |
177.80 |
0.50 |
14.35 |
|
|
182.50 |
183.00 |
0.50 |
6.03 |
|
|
187.25 |
187.85 |
0.60 |
27.10 |
|
|
199.05 |
200.00 |
0.95 |
3.34 |
|
|
272.35 |
272.85 |
0.50 |
3.40 |
|
|
298.40 |
299.20 |
0.80 |
5.74 |
|
|
369.60 |
370.10 |
0.50 |
3.97 |
|
|
479.00 |
487.00 |
8.00 |
6.78 |
|
Including |
479.00 |
479.50 |
0.50 |
7.38 |
|
and |
480.00 |
481.00 |
1.00 |
20.70 |
|
and |
484.75 |
485.90 |
1.15 |
19.85 |
|
|
523.10 |
523.90 |
0.80 |
6.13 |
|
|
561.85 |
563.75 |
1.90 |
12.13 |
|
Including |
563.25 |
563.75 |
0.50 |
18.40 |
CM-21-090 |
|
141.10 |
145.15 |
4.05 |
6.41 |
|
Including |
141.10 |
141.80 |
0.70 |
9.15 |
|
and |
144.15 |
144.65 |
0.50 |
30.80 |
|
|
177.50 |
178.45 |
0.95 |
3.34 |
|
|
220.40 |
220.90 |
0.50 |
8.81 |
|
|
290.40 |
291.10 |
0.70 |
3.20 |
|
|
408.00 |
409.50 |
1.50 |
13.34 |
|
Including |
408.00 |
409.00 |
1.00 |
15.20 |
|
|
428.00 |
428.80 |
0.80 |
3.83 |
CM-21-091 |
|
194.30 |
195.55 |
1.25 |
4.73 |
|
|
199.40 |
200.70 |
1.30 |
3.25 |
|
|
218.40 |
223.30 |
4.90 |
8.44 |
|
Including |
218.40 |
219.30 |
0.90 |
17.60 |
|
and |
222.45 |
223.30 |
0.85 |
28.00 |
|
|
310.20 |
311.25 |
1.05 |
4.40 |
CM-21-092 |
|
120.10 |
120.80 |
0.70 |
5.01 |
|
|
151.80 |
152.40 |
0.60 |
4.42 |
|
|
156.60 |
158.00 |
1.40 |
14.35 |
|
Including |
156.60 |
157.10 |
0.50 |
36.90 |
|
|
199.60 |
200.30 |
0.70 |
8.56 |
|
|
294.00 |
296.00 |
2.00 |
5.36 |
|
Including |
295.50 |
296.00 |
0.50 |
15.05 |
|
|
303.00 |
311.70 |
8.70 |
5.89 |
|
Including |
304.00 |
304.50 |
0.50 |
12.50 |
|
and |
304.50 |
305.20 |
0.70 |
12.45 |
|
and |
310.50 |
311.00 |
0.50 |
21.80 |
|
and |
311.00 |
311.70 |
0.70 |
24.10 |
|
|
330.60 |
331.10 |
0.50 |
3.14 |
|
|
340.00 |
340.80 |
0.80 |
7.95 |
|
|
407.70 |
408.40 |
0.70 |
3.31 |
|
|
412.60 |
414.35 |
1.75 |
7.49 |
|
Including |
413.85 |
414.35 |
0.50 |
17.65 |
|
|
561.25 |
561.75 |
0.50 |
13.90 |
|
|
569.00 |
569.50 |
0.50 |
11.45 |
|
|
595.70 |
599.55 |
3.85 |
4.55 |
|
Including |
597.50 |
598.00 |
0.50 |
26.30 |
CM-21-093 |
|
83.10 |
86.00 |
2.90 |
6.24 |
|
Including |
85.50 |
86.00 |
0.50 |
30.00 |
|
|
103.10 |
105.00 |
1.90 |
27.47 |
|
Including |
103.60 |
104.10 |
0.50 |
19.65 |
|
and |
104.10 |
105.00 |
0.90 |
46.30 |
|
|
107.70 |
113.05 |
5.35 |
10.57 |
|
Including |
107.70 |
108.20 |
0.50 |
8.52 |
|
and |
108.70 |
109.20 |
0.50 |
21.60 |
|
and |
112.05 |
112.55 |
0.50 |
77.10 |
|
|
119.50 |
123.35 |
3.85 |
7.54 |
|
Including |
119.50 |
120.00 |
0.50 |
32.90 |
|
and |
122.35 |
122.85 |
0.50 |
23.50 |
|
|
136.90 |
137.50 |
0.60 |
5.65 |
|
|
224.30 |
225.10 |
0.80 |
4.44 |
|
|
477.80 |
480.60 |
2.80 |
11.24 |
|
Including |
477.80 |
478.35 |
0.55 |
14.25 |
|
and |
480.00 |
480.60 |
0.60 |
39.00 |
|
|
484.00 |
486.60 |
2.60 |
18.72 |
|
Including |
484.00 |
484.50 |
0.50 |
25.40 |
|
and |
485.80 |
486.60 |
0.80 |
44.60 |
|
|
499.25 |
499.85 |
0.60 |
80.80 |
|
|
528.50 |
529.00 |
0.50 |
5.70 |
|
|
538.15 |
546.75 |
8.60 |
14.89 |
|
Including |
538.15 |
539.10 |
0.95 |
15.30 |
|
and |
539.65 |
540.15 |
0.50 |
16.85 |
|
and |
543.60 |
545.00 |
1.40 |
46.60 |
|
and |
546.25 |
546.75 |
0.50 |
52.10 |
|
|
581.45 |
582.00 |
0.55 |
5.04 |
|
|
587.00 |
588.10 |
1.10 |
13.96 |
|
Including |
587.00 |
587.50 |
0.50 |
23.00 |
|
|
653.35 |
653.90 |
0.55 |
12.90 |
|
|
673.50 |
674.00 |
0.50 |
35.50 |
|
|
694.00 |
694.50 |
0.50 |
6.28 |
Table 2: Drill Hole Locations and
Orientations
HOLE ID |
EASTING |
NORTHING |
ELEV |
DIP |
AZI |
DEPTH (M) |
CM-21-061-1 |
595293 |
5884086 |
1201 |
-62 |
119 |
456 |
CM-21-062 |
595367 |
5884067 |
1203 |
-48 |
308 |
95 |
CM-21-063 |
595296 |
5884080 |
1201 |
-49 |
138 |
395 |
CM-21-064 |
595470 |
5884155 |
1207 |
-47 |
302 |
483 |
CM-21-065 |
595469 |
5884156 |
1205 |
-50 |
302 |
420 |
CM-21-066 |
595564 |
5884069 |
1224 |
-51 |
315 |
512 |
CM-21-067 |
595295 |
5884085 |
1201 |
-56 |
135 |
369 |
CM-21-068 |
595295 |
5884085 |
1201 |
-63 |
135 |
327 |
CM-21-069 |
595295 |
5884085 |
1202 |
-64 |
135 |
426 |
CM-21-070 |
595470 |
5884155 |
1208 |
-48 |
310 |
609 |
CM-21-071 |
595470 |
5884159 |
1206 |
-46 |
310 |
435 |
CM-21-072 |
595564 |
5884069 |
1224 |
-52 |
322 |
477 |
CM-21-073 |
595439 |
5884066 |
1203 |
-59 |
341 |
204 |
CM-21-074 |
595439 |
5884066 |
1203 |
-53 |
316 |
93 |
CM-21-075 |
595467 |
5884157 |
1207 |
-54 |
305 |
291 |
CM-21-076 |
595445 |
5884117 |
1205 |
-50 |
320 |
195 |
CM-21-077 |
595445 |
5884116 |
1205 |
-45 |
309 |
615 |
CM-21-078 |
595469 |
5884159 |
1206 |
-48 |
317 |
684 |
CM-21-079 |
595295 |
5884085 |
1201 |
-59 |
145 |
336 |
CM-21-080 |
595294 |
5884085 |
1201 |
-65 |
145 |
107 |
CM-21-081 |
595444 |
5884116 |
1205 |
-46 |
304 |
582 |
CM-21-082 |
595296 |
5884080 |
1201 |
-50 |
155 |
180 |
CM-21-083 |
595296 |
5884080 |
1201 |
-56 |
155 |
192 |
CM-21-084 |
595317 |
5884080 |
1201 |
-45 |
312 |
600 |
CM-21-085 |
595315 |
5884080 |
1201 |
-52 |
298 |
312 |
CM-21-086 |
595444 |
5884115 |
1205 |
-46 |
294 |
759 |
CM-21-087 |
595445 |
5884116 |
1205 |
-52 |
290 |
378 |
CM-21-088 |
595470 |
5884159 |
1206 |
-48 |
315 |
603 |
CM-21-089 |
595470 |
5884159 |
1206 |
-50 |
320 |
609 |
CM-21-090 |
595315 |
5884080 |
1201 |
-45 |
292 |
465 |
CM-21-091 |
595316 |
5884080 |
1201 |
-55 |
300 |
330 |
CM-21-092 |
595375 |
5884148 |
1203 |
-46 |
303 |
621 |
CM-21-093 |
595482 |
5884198 |
1207 |
-45 |
306 |
741 |
Figures 1 to
3 accompanying this announcement are available
at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/56d3489c-ba4d-4815-8d92-d2f72eb1e88a
https://www.globenewswire.com/NewsRoom/AttachmentNg/99119b6c-20ae-4b30-b879-59f384c20e1e
https://www.globenewswire.com/NewsRoom/AttachmentNg/ce508c5e-0560-4a3a-bc7f-9a5fec31992d
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