Osisko Metals Inc. to Present at the Clean Energy and Precious Metals Virtual Investor Conference December 6th
December 04 2023 - 11:05AM
Osisko Metals Incorporated
(TSX-V: OM;
OTCQX: OMZNF; FRANKFURT:
0B51), based in Montreal, Canada, focused
on base metals, today announced that Robert Wares, Chairman
and CEO, will present live at the Clean Energy and Precious Metals
Virtual Investor Conference, hosted by
VirtualInvestorConferences.com, on December 6th.
DATE: December 6th TIME: 2:00 PM
ESTLINK: https://bit.ly/3rOONJHAvailable
for 1x1 meetings: December 4th and 5th
This will be a live, interactive online event where investors
are invited to ask the company questions in real-time. If attendees
are not able to join the event live on the day of the conference,
an archived webcast will also be made available after the
event.
It is recommended that online investors pre-register and run the
online system check to expedite participation and receive event
updates.
Learn more about the event at
www.virtualinvestorconferences.com.
Recent Company Highlights
- Successful closing of its
previously-announced joint venture transaction with a subsidiary of
Appian Natural Resources Fund III LP, which resulted in the
formation of a joint venture for the advancement of Osisko Metals’
Pine Point Project.
- Completed the acquisition (the
"Transaction") of a 100% interest in the past-producing Gaspé
Copper Mine with Glencore Canada
About Osisko MetalsOsisko Metals
Incorporated is a Canadian exploration and development company
creating value in the critical metals space, specifically copper
and zinc. The Company is a joint venture partner with Appian
Natural Resources Fund III LP for the advancement of one of
Canada’s premier past-producing zinc mining camps, the Pine Point
project (the “Pine Point Project”), located in the Northwest
Territories, for which the 2022 PEA (as defined herein) has
indicated an after-tax NPV of C$602 million and an IRR of 25%,
based on long-term zinc price of US$1.37/lb and the current mineral
resource estimates that are amenable to open pit and shallow
underground mining. The current mineral resource estimate in the
2022 PEA consists of 15.7Mt grading 5.55% ZnEq of indicated mineral
resources and 47.2Mt grading 5.94% ZnEq of inferred mineral
resources. Please refer to the technical report entitled
“Preliminary Economic Assessment, Pine Point Project, Hay River,
Northwest Territories, Canada” dated August 26, 2022 (with an
effective date of July 30, 2022), which has been prepared for
Osisko Metals and PPML by representatives of BBA Engineering Inc.,
Hydro-Resources Inc., PLR Resources Inc. and WSP Canada Inc. (the
“2022 PEA”). Please refer to the full text of the 2022 PEA, a copy
of which is available on SEDAR (www.sedar.com) under Osisko Metals’
issuer profile, for the assumptions, methodologies, qualifications
and limitations described therein. The Pine Point Project is
located on the south shore of Great Slave Lake in the Northwest
Territories, near infrastructure, paved highway access, and has an
electrical substation as well as 100 kilometers of viable haulage
roads already in place.
In addition, the Company has acquired a 100% interest in the
past-producing Gaspé Copper Mine, located near Murdochville in the
Gaspé peninsula of Québec. The Company is currently focused on
resource evaluation of the Mount Copper Expansion Project that
hosts an inferred mineral resource (in accordance with National
Instrument 43-101 – Standards of Disclosure for Mineral Projects)
of 456Mt grading 0.31% Cu (see April 28, 2022 news release of
Osisko Metals entitled “Osisko Metals Announces Maiden Resource at
Gaspé Copper – Inferred Resource of 456Mt Grading 0.31% Copper”).
Gaspé Copper hosts the largest undeveloped copper resource in
Eastern North America, strategically located near existing
infrastructure in the mining-friendly province of Québec.
About Virtual Investor Conferences®Virtual
Investor Conferences (VIC) is the leading proprietary investor
conference series that provides an interactive forum for publicly
traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is
specifically designed to offer companies more efficient investor
access. Replicating the components of an on-site investor
conference, VIC offers companies enhanced capabilities to connect
with investors, schedule targeted one-on-one meetings and enhance
their presentations with dynamic video content. Accelerating the
next level of investor engagement, Virtual Investor Conferences
delivers leading investor communications to a global network of
retail and institutional investors.
CONTACTS:Osisko MetalsKimberly
DarlingtonInvestor
Relations514-861-4441info@osiskometals.com
Virtual Investor Conferences John M.
ViglottiSVP Corporate Services, Investor AccessOTC Markets Group
(212) 220-2221 johnv@otcmarkets.com
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