Osisko Metals Inc. is pleased to announce that it signed, on March 25 2022, a binding term sheet with Glencore Canada Corporation , providing Osisko Metals with an option to acquire a 100% interest in the past-producing Gasp? Copper Mine located near Murdochville, Qu?bec for an up-front payment of US$25 million, to be paid by Osisko Metals by way [...]
Osisko Metals Inc. is pleased to announce further results from the definition drilling program at its Pine Point Project, located in the Northwest Territories, Canada. This program is designed to achieve an average drill spacing of approximately 30 metres and is required to upgrade deposits currently classified as Inferred Mineral Resources to the [...]
Osisko Metals Inc. is pleased to announce that it has entered into a binding letter agreement with Osisko Gold Royalties Ltd. , pursuant to which Osisko Royalties will be granted a further 1.0% net smelter returns royalty on the Pine Point Project in exchange for cash consideration of $6.5 million , subject to the satisfaction of the closing [...]
Osisko Metals Inc. announces that its Board of Directors approved the grant of incentive stock options to certain directors, officers, key employees and key consultants to purchase up to an aggregate of 685,000 common shares in the capital stock of the Company. Grants are subject to a three-year vesting period and a five-year term at an exercise [...]
Osisko Metals Inc. is pleased to provide an overview of its 2022 development objectives for the Pine Point Project located near Hay River in the NWT, Canada. The winter drilling program is ongoing at site, and assay results for 2021 are pending. Completing the 3D Hydrogeological Model: Following the release of preliminary results of the 3D [...]
Osisko Metals Inc. is pleased to announce that it has closed its previously-announced private placement, pursuant to which the Corporation sold an aggregate of 10,432,783 common shares of the Corporation that will qualify as "flow-through shares" of the Income Tax Act at a price of C$0.48 per Flow-Through Share for aggregate gross proceeds of [...]
Osisko Metals Inc. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. in connection with a "best efforts" private placement of up to 10,417,000 common shares of the Corporation that will qualify as "flow-through shares" of the Income Tax Act, at a price of C$0.48 per Flow-Through Share, for gross proceeds of [...]
Osisko Metals Inc. is pleased to announce that the United States now considers zinc as critical minerals. The US Geological Survey , in a recent report, is proposing both metals be included in the redrafted critical minerals list, as a result of re-evaluation of global supply-chain security. This was drafted as zinc inventories decline and spot [...]
Osisko Metals Inc. is pleased to announce further results from the current in-fill drill program at its Pine Point Project, located in the NWT. The results reported herein are from the L65 Tabular deposit in the Central Zone and form a part of the C1 Cluster area that has recently demonstrated improved hydrogeological modelling and substantially [...]
Osisko Metals Inc. is pleased to support recently announced infrastructure initiatives, both in the United States and globally. The bipartisan milestone event in the United States is replicated across other nations, including the European Union which announced major infrastructure investments earlier this summer. Zinc is an integral component of [...]
Osisko Metals Inc. is pleased to provide positive results from the ongoing hydrogeological modelling and its application to dewatering costs at the Pine Point Project, located in the NWT, Canada. A new 3D hydrogeological model was created and has yielded significant reductions in the estimated water inflow rates into the proposed open pit and [...]
Osisko Metals Inc. is pleased to announce initial results from the current in-fill and hydrogeological drill program at its Pine Point Project, located in the NWT. Results are from the Z60 deposit in the North Trend . Mineralization surpassed expectations with development of local prismatic-style mineralization in drill hole Z60-21-PP-001 and -006 [...]
