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Osisko Mining provides Windfall gold project results

Published by , Editorial Assistant
Global Mining Review,


Osisko Mining Inc. has provided new results from the continuing exploration program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.

Highlights:

  • Average grade of 65.5 g/t Au (2.11 oz/t Au) for the bulk sample, 169% positive reconciliation.
  • 4809 t bulk sample contained 10 135 oz Au and 4378 oz of Ag.
  • 93.1% Au recovery (including 52.2% Au recovery in gravity concentrates) from floatation processing circuit.
  • Windfall bulk samples processed to date (Zone 27, Lynx 311, and Lynx 600) using floatation processing comprised an aggregate of 16 025 t containing 14 914 oz of gold and 8004 oz of silver, with the average gold recovery for the three samples of 94.1%.

Osisko Chairman and Chief Executive Officer John Burzynski commented:

“On the back of our strongly positive MRE announced in late August and the significant new high-grade down plunge intercepts in September, these bulk sample results underscore the potential for Windfall to become one of the largest and highest-grade underground gold deposits in Canada. The grade has – for the third time in as many bulk samples – significantly exceeded expectations based on capped drilling block models. The empirical results from our bulk samples have consistently returned strong positive reconciliations, and give strong support to the existing geological model. They have proved invaluable in increasing our confidence in the grade, continuity and predictability of the mineralised zones at Windfall.”

Read the article online at: https://www.globalminingreview.com/mining/31102022/osisko-mining-provides-windfall-gold-project-results/

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Gold mining news North American mining news