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Osisko Mining Inc. (OSK.TO)

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  • GlobeNewswire

    Osisko Mining Corporate Update

    TORONTO, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Osisko Mining Inc. (OSK:TSX) ("Osisko" or the "Corporation") is pleased to provide the following corporate update. Mr. John Burzynski has been appointed as Chairman of the board of directors and remains in his role as Chief Executive Officer and as a director; Mr. Sean Roosen has stepped down from his role as non-executive Chairman of the board and remains in his role as a director; and Mr. Mathieu Savard has been promoted to President.A graduate of the Université du Québec à Montréal with a bachelor’s degree in earth sciences with over 20 years’ experience in the mining industry, Mr. Savard served previously as Osisko’s Senior Vice-President Exploration.  Prior to joining Osisko Mining in 2016, Mathieu was a senior member of the Osisko Exploration James Bay, Virginia Gold and Virginia Gold Mines teams. Mathieu was a key member of the Virginia team which received the Association de l’Exploration Minière du Quebec (“AEMQ”) Prospector of the Year Award in 2004 and the PDAC’s prestigious Bill Dennis Award in 2006 for the discovery of the Eleonore gold deposit, and along with the Osisko Mining management and exploration team received the AEMQ 2017 Discovery of the Year Award, for the discovery of the Lynx deposit at Windfall.  Mathieu is a registered P.Geo.  as a member of the Ordre des Géologues du Québec and is Chairman of the board and a director of the AEMQ.Chief Executive Officer and Chairman of the Corporation John Burzynski commented:  “I would like to thank Sean Roosen very much for his past tenure as Chairman, and for continuing in his role as a director.  I am very pleased to welcome Mathieu as the incoming President of Osisko Mining, and I look forward to him leading our team in the next stages of the work at Windfall, and to making additional discoveries in the coming years.  Our goal on the re-creation of Osisko Mining in 2015 was to discover and develop another world class gold mine in Québec.  We acquired a promising deposit, a district-scale land package, assembled one of the best exploration teams in the business, and commenced one of the worlds largest drill programs at Windfall.  Five years of persistence and hard work have paid off with the discovery of Lynx and the delineation of a world class deposit. Osisko’s management and Board has had an unusual level of success in the Canadian mining business, leading to the last three world class gold discoveries in Québec (Windfall, Canadian Malartic, and Eleonore).  Our independent Lead Director was additionally responsible for leading the team that discovered the world class Fruta del Norte deposit in Ecuador. All this to say that at Osisko we have a strong and highly experienced Board and management team, one of the finest and most capable technical teams in the business, and one of the most proven track records of gold discovery and value creation for shareholders amongst any of our peers.  I have every confidence that Mathieu’s strong leadership skills will continue to take us to new heights.”About Osisko Mining Inc. Osisko is an exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Québec.  Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d’Or and Chibougamau and holds a100% undivided interest in over 2,700 square kilometres in the surrounding Urban Barry and Quévillon area.For further information please contact:   John Burzynski, Chief Executive Officer and Chairman    Telephone: (416) 363-8653

  • Baystreet

    Stocks in play: Osisko Mining Inc.

    Provided new analytical results from the ongoing definition and expansion drill program at its 100% ...

  • GlobeNewswire

    Osisko Intersects 115 g/t Au Over 5.6 Metres at Windfall

    TORONTO, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new analytical results from the ongoing definition and expansion drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. Drilling is currently focused on the Lynx deposit, the main mineralized zones, and down plunge exploration in the central areas of the mineralized system.  Osisko President and Chief Executive Officer John Burzynski commented: “We continue to be impressed with the strong results from Lynx, and are seeing good possibilities to extend the mineralization in the known zones.  While we are focused on completing the infill drilling, the deposit continues to grow in the process.”Infill results are presented below. Significant new analytical results from 96 intercepts in 38 new drill holes and 26 wedges include: 115 g/t Au over 5.6 metres and 25.6 g/t Au over 5.0 metres in OSK-W-20-2256-W2; 57.9 g/t Au over 3.6 metres in OSK-W-20-2139-W9; 94.4 g/t Au over 2.0 metres in WST-20-0389A; 54.4 g/t Au over 3.3 metres in OSK-W-20-2260-W2; 77.3 g/t Au over 2.3 metres in OSK-W-20-2268-W3; 42.8 g/t Au over 3.1 metres in OSK-W-20-2243-W4; 31.2 g/ Au over 4.1 metres OSK-W-20-2252-W2; 62.2 g/t Au over 2.0 metres in OSK-W-20-2299; and 47.4 g/t Au over 2.5 metres in WST-20-0471.  Maps showing hole locations and full analytical results are available at www.osiskomining.com.Hole No.From (m)To (m)Interval (m)Au (g/t) uncutAu (g/t) cut to 100 g/tZoneCorridor OSK-W-18-1741-W1847.0849.72.77.02 Lynx 4Lynx including848.2848.70.533.1  OSK-W-19-1942447.0449.72.73.25 Lynx_323Lynx including448.3448.90.614.0  OSK-W-19-1963-W31401.01403.52.53.03 Lynx_345Lynx OSK-W-19-2059-W1735.0737.02.03.77 LynxLynx  985.9988.02.19.43 Lynx 4Lynx OSK-W-19-2139-W4545.0547.12.15.80 Triple LynxTriple Lynx including546.5547.10.618.4  OSK-W-19-2221775.0777.02.05.48 Lynx 4Lynx including775.7776.10.426.4  OSK-W-20-1104-W7502.0504.32.334.6 LynxLynx including503.0504.01.079.1  OSK-W-20-1731-W5607.0609.02.011.9 LynxLynx OSK-W-20-2059-W3992.8995.02.27.28 Lynx 4Lynx OSK-W-20-2059-W41077.01079.02.03.40 Lynx 4Lynx including1077.71078.00.317.4  OSK-W-20-2139-W8565.0567.42.49.28 Triple LynxTriple Lynx including566.2566.80.636.9  OSK-W-20-2139-W9908.9912.53.657.915.6Lynx_361Triple Lynx including912.0912.50.5405100 OSK-W-20-2170-W5980.5982.52.03.28 Lynx_363Triple Lynx OSK-W-20-2217-W4768.7775.06.39.98 Triple LynxTriple Lynx including772.8773.60.852.3   781.0783.02.04.08 Triple LynxTriple Lynx  793.6795.82.24.42 Triple LynxTriple Lynx including795.2795.50.324.4   917.0919.02.010.9 Triple LynxTriple Lynx including918.0918.30.371.9   972.0974.02.022.8 Triple LynxTriple Lynx including973.0974.01.043.9   981.0983.02.029.215.6Triple LynxTriple Lynx including981.3981.60.3191100 OSK-W-20-2243-W31016.01018.02.016.7 Lynx_374Triple Lynx including1016.01017.01.033.3  OSK-W-20-2243-W4773.4776.53.142.820.9Lynx_361Triple Lynx including774.8775.10.3326100  829.0831.02.04.09 Lynx_364Triple Lynx OSK-W-20-2249374.6376.62.03.44 CaribouCaribou OSK-W-20-2250-W1973.0975.02.048.615.4Triple LynxTriple Lynx including973.5973.80.3321100 OSK-W-20-2250-W3748.0750.02.03.11 Triple LynxTriple Lynx  756.4758.52.111.5 Triple LynxTriple Lynx including756.8757.10.342.9  OSK-W-20-2250-W4744.0746.02.014.7 Lynx_371Triple Lynx including744.0745.01.027.3   764.7767.02.310.8 Lynx_361Triple Lynx including765.7766.40.733.1  OSK-W-20-2252-W1832.0834.62.627.613.2Lynx_371Triple Lynx including834.3834.60.3225100  861.0863.02.04.86 Triple LynxTriple Lynx OSK-W-20-2252-W2837.0841.24.212.9 Triple LynxTriple Lynx including838.8839.50.759.7   856.0860.14.131.212.7Lynx_371Triple Lynx including859.7860.10.4290100  1154.01156.82.85.37 Lynx_374Triple Lynx OSK-W-20-2252-W3940.1943.02.94.33 Lynx_363Triple Lynx including940.1940.40.321.3  OSK-W-20-2253554.1556.42.35.60 Triple LynxTriple Lynx including554.1555.00.912.2   596.7599.02.33.01 Triple LynxTriple Lynx including598.7599.00.316.4  OSK-W-20-2256830.7833.42.74.61 Triple LynxTriple Lynx OSK-W-20-2256-W2855.0859.04.04.21 Triple LynxTriple Lynx  874.7880.35.611516.0Lynx_361Triple Lynx including876.5877.10.61020100  931.9936.04.13.78 Lynx_369Triple Lynx including931.9932.20.312.0  and935.0936.01.08.94   940.0945.05.025.6 Lynx_369Triple Lynx including940.0941.01.053.4  OSK-W-20-2260-W1939.0942.03.06.19 Lynx_369Triple Lynx including939.0940.01.014.0  OSK-W-20-2260-W2838.7842.03.354.4 Lynx_361Triple Lynx including838.7840.51.888.2   878.0880.02.04.25 Triple LynxTriple Lynx  891.0893.02.012.2 Lynx_363Triple Lynx including891.8892.30.536.5   909.9912.02.14.77 Lynx_364Triple Lynx  941.0943.02.010.1 Triple LynxTriple Lynx OSK-W-20-2266-W1767.5769.92.44.08 Lynx_363Triple Lynx OSK-W-20-2268-W1812.5814.52.04.64 Triple LynxTriple Lynx including813.7814.10.412.1  OSK-W-20-2268-W3779.0781.32.377.318.6Lynx_364Triple Lynx including780.7781.00.3550100  790.9796.05.14.60 Triple LynxTriple Lynx OSK-W-20-2269510.2513.02.88.05 LynxLynx including510.2510.50.372.3  OSK-W-20-2271775.0777.02.07.99 LynxLynx  1108.61114.25.613.2 Lynx 4Lynx including1110.81111.50.751.6  OSK-W-20-2275670.3672.42.14.13 Triple LynxTriple Lynx including670.3670.70.410.6  OSK-W-20-227683.685.92.33.11 F17_6003F-17 including84.785.00.318.6   94.096.32.37.06 F17_6003F-17 including94.695.00.438.0   98.5102.03.54.09 F17_6005F-17 OSK-W-20-2278105.5107.52.06.36 F17_6002F-17 including106.4106.90.518.7  OSK-W-20-2281125.0129.04.03.08 F17_6003F-17 including125.0126.01.07.28  and128.5129.00.57.46  OSK-W-20-2288169.6172.02.46.44 Caribou_2527Caribou  193.0195.02.013.8 Caribou_2527Caribou including194.0194.60.624.5   204.7206.82.13.77 Caribou_2527Caribou OSK-W-20-228998.6101.02.410.7 F17_6003F-17 including100.0101.01.022.1  OSK-W-20-229189.792.02.318.2 F17_6003F-17 including89.790.50.824.3  and90.591.30.826.7  OSK-W-20-2293114.6117.32.75.30 F17_6003F-17 including114.6114.90.311.0  and116.8117.30.510.1  OSK-W-20-2298487.0489.02.011.2 Lynx_356Lynx including487.7488.60.924.6  OSK-W-20-2299134.7136.72.062.241.5F17_6003F-17 including135.1135.90.815280.0 WST-19-0225325.0327.02.05.17 CaribouCaribou WST-19-023889.191.12.04.32 LynxLynx WST-20-0308148.5150.72.25.98 LynxLynx including150.1150.70.621.5  WST-20-0318258.0260.52.56.53 Lynx 4Lynx including260.0260.50.522.9  WST-20-033532.034.32.34.51 LynxLynx WST-20-0342A172.6175.02.45.15 Lynx_304Lynx including174.6175.00.418.0  WST-20-034360.963.22.311.0 Lynx_311Lynx including60.961.30.460.0   86.988.92.03.90 Lynx_304Lynx WST-20-03451.04.13.111.4 MallardMallard including1.02.51.520.9  WST-20-035041.644.42.89.18 Lynx_325Lynx including41.642.40.829.3   113.5116.02.517.6 Lynx_304Lynx including114.0114.90.945.7  WST-20-035196.098.02.04.25 Lynx_304Lynx including96.997.60.710.9  WST-20-0388284.6287.52.938.823.2Lynx 4Lynx including286.9287.50.6176100 WST-20-0389A162.3164.32.094.450.9Lynx_304Lynx including163.0164.01.0187100  169.3171.52.223.514.9Lynx_304Lynx including169.6169.90.3163100  322.0324.32.34.44 Lynx_321Lynx including323.2323.90.714.4  WST-20-0396138.5141.12.63.54 Lynx HWLynx including140.3140.60.320.2  WST-20-0397136.6138.62.010.7 Lynx_301Lynx including137.7138.10.452.1  WST-20-0417368.0370.02.03.21 Lynx 4Lynx WST-20-0438137.0139.02.029.615.2LynxLynx including137.6137.90.3197100 WST-20-0442239.0241.02.03.09 Lynx 4Lynx WST-20-0446167.9170.02.134.229.9Lynx_304Lynx including167.9168.50.6115100  349.0352.03.09.32 Lynx HWLynx WST-20-0462263.8266.02.27.77 LynxLynx WST-20-0468143.8146.72.93.18 Lynx_321Lynx including143.8144.70.96.34  WST-20-0471126.0128.52.547.432.0Lynx_321Lynx including127.7128.50.8148100  154.9157.02.112.4 Lynx_315Lynx including155.8156.50.736.0  Notes: True widths are estimated at 55 – 80% of the reported core length interval. See "Quality Control and Reporting Protocols" below.Drill hole locationHole NumberAzimuth (°)Dip (°)Length (m)UTM EUTM NElevationSection OSK-W-18-1741-W1144-48108345332854354664063725 OSK-W-19-1942128-5493045331554353904033675 OSK-W-19-1963-W3123-58146045376154358164014275 OSK-W-19-2059-W1131-52104145344654354774003825 OSK-W-19-2139-W4115-52101145298054355494203450 OSK-W-19-2221134-4978945342254354654013800 OSK-W-20-1104-W7142-5086745338354354554023775 OSK-W-20-1731-W5139-51102845338354355184093800 OSK-W-20-2059-W3131-52102945344654354774003825 OSK-W-20-2059-W4131-52109245344654354774003825 OSK-W-20-2139-W8115-52112545298054355494203450 OSK-W-20-2139-W9115-52115245298054355494203450 OSK-W-20-2170-W5128-59114845342554356574133900 OSK-W-20-2217-W4134-48113445294354355664193425 OSK-W-20-2243-W3122-54106245308754355274183550 OSK-W-20-2243-W4122-54112145308754355274183550 OSK-W-20-2249132-5675945277554351924113100 OSK-W-20-2250-W1132-57106045312854355054203575 OSK-W-20-2250-W3132-57117045312854355054203575 OSK-W-20-2250-W4132-57100545312854355054203575 OSK-W-20-2252-W1129-54111945324154356944153750 OSK-W-20-2252-W2129-54119445324154356944153750 OSK-W-20-2252-W3129-53106245324154356944153750 OSK-W-20-2253128-5492445283154353264133225 OSK-W-20-2256125-51117945316054356864143675 OSK-W-20-2256-W2125-5195745316054356864143675 OSK-W-20-2260-W1127-48114045319954356694133700 OSK-W-20-2260-W2127-48119145319954356694133700 OSK-W-20-2266-W1128-55111645306954354764183500 OSK-W-20-2268-W1127-55107345314854354894183575 OSK-W-20-2268-W3127-5597545314854354894183575 OSK-W-20-2269133-5093345297254352114163275 OSK-W-20-2271120-53124745346254356834103950 OSK-W-20-2275127-49109445288654355844093400 OSK-W-20-2276149-4713845263954354934053125 OSK-W-20-2278158-5318645263254355224053150 OSK-W-20-2281149-4717145263054355504043150 OSK-W-20-2288146-5174945287554351814103175 OSK-W-20-2289149-4714145266454355214073175 OSK-W-20-2291158-4813145269254355224103200 OSK-W-20-2293145-4418345265854355494073175 OSK-W-20-2298137-5059645284654350604073100 OSK-W-20-2299150-4920145268154355844043225 WST-19-0225132-932945220854348992492475 WST-19-0238173129745321654351142243450 WST-20-0308172-1216045329254351391633525 WST-20-0318148-5250245322854351271343475 WST-20-0335141-4214245341154352301133675 WST-20-0342A116-4767945345254352661153725 WST-20-0343158817745341054352291153675 WST-20-0345136-2140145228254349752632575 WST-20-0350142-3117545335954352091543625 WST-20-0351142-1918145335954352091543625 WST-20-0388169-5551645322854351271343475 WST-20-0389A115-4661645345254352661153725 WST-20-03961582016545349354352871183775 WST-20-03971502616245349454352871183775 WST-20-0417138-5075945322854351261343475 WST-20-0438163-1614545344954352641153725 WST-20-0442134-3226545349454352871163775 WST-20-0446115-4961345345254352651143725 WST-20-0462152-5368045322754351251343475 WST-20-0468130219345349454352871173775 WST-20-0471156218145349354352871173775 Lynx ZoneMineralization occurs as grey to translucent quartz-carbonate-pyrite-tourmaline veins and pyrite replacement zones and stockworks. The vein-type is associated with haloes of pervasive sericite-pyrite ± silica alteration and contain sulphides (predominantly pyrite with minor amounts of chalcopyrite, sphalerite, galena, arsenopyrite, and pyrrhotite) and local visible gold. Replacement mineralization is associated with strong pervasive silica-sericite-ankerite ± tourmaline alteration and contains disseminated pyrite from trace to 80% with local visible gold. Pyrite stockworks can form envelopes that reach several tens of metres thick. Fuchsite alteration is common and is spatially constrained to near the gabbros. Mineralization occurs at or near geological contacts between felsic porphyritic or fragmental intrusions and the host rhyolites or gabbros and locally can be hosted along the gabbro-rhyolite contact.Caribou ZoneMineralization most commonly occurs in gold-bearing pyrite stockworks as well as semi-massive pyrite replacement zones associated with phyllic alteration (sericite-pyrite ± silica) with sulphides, pyrite dominated with minor chalcopyrite and sphalerite ranging from trace to up to 20%, and local visible gold. Mineralization is hosted in rhyolites or mafic-intermediate volcanics frequently at or near faults or the contact with felsic porphyritic intrusions.F-ZoneMineralization is hosted in sheared andesites with carbonate replacement or quartz veining and occurs as quartz ± ankerite veinlets or in shear zones as replacement, characterised by trace to 10% pyrite with local visible gold. Alteration is dominated by sericite-fuchsite-tourmaline-pyrite.MallardMineralization is hosted in sheared mafic volcanics with felsic porphyritic intrusions and occurs as veins associated with sericite-pyrite ± silica ± chlorite alteration and contains pyrite ranging from trace to 30% and local visible gold.Qualified Person The scientific and technical content of this news release has been reviewed, prepared and approved by Mr. Louis Grenier, M.Sc.A., P.Geo. (OGQ 800), Project Manager of Osisko's Windfall Lake gold project, who is a "qualified person" as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").Quality Control and Reporting Protocols True width determination is estimated at 55-80% of the reported core length interval for the zone. Assays are uncut except where indicated. Intercepts occur within geological confines of major zones but have not been correlated to individual vein domains at this time. Reported intervals include minimum weighted averages of 3.0 g/t Au diluted over core lengths of at least 2.0 metres. All NQ core assays reported were obtained by either 1-kilogram screen fire assay or standard 50-gram fire-assaying-AA finish or gravimetric finish at (i) ALS Laboratories in Val d'Or, Québec, Thunder Bay, Ontario, Sudbury, Ontario or Vancouver, British Colombia, or (ii) Bureau Veritas in Timmins, Ontario. The 1-kilogram screen assay method is selected by the geologist when samples contain coarse gold or present a higher percentage of pyrite than surrounding intervals. Selected samples are also analyzed for multi-elements, including silver, using an Aqua Regia-ICP-AES method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control ("QA/QC") and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples for QA/QC purposes by the Corporation as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assay.About the Windfall Gold Deposit The Windfall gold deposit is located between Val-d'Or and Chibougamau in Eeyou Istchee James Bay, Québec, Canada. The mineral resource defined by Osisko, as disclosed in the news release dated February 19, 2020 and supported by the technical report entitled “An updated mineral resource estimate for the Windfall Lake Project, Located in the Abitibi Greenstone Belt, Urban Township, Eeyou Istchee James Bay, Québec, Canada” and dated April 3, 2020 (with an effective date of January 3, 2020), and assuming a cut-off grade of 3.5 g/t, comprises 4,127,000 tonnes at 9.1 g/t Au (1,206,000 ounces) in the indicated mineral resource category and 14,532,000 tonnes at 8.40 g/t Au (3,938,000 ounces) in the inferred mineral resource category. The key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in the February 19,2020 news release are further described in the full technical report prepared by Micon International Limited ("Micon") and BBA Inc ("BBA"), in accordance with NI 43-101 available on SEDAR (www.sedar.com) under the Corporation's issuer profile. The Windfall gold deposit is currently one of the highest-grade resource-stage gold projects in Canada and has world-class scale. Mineralization occurs in three principal zones: Lynx, Main Zone, and Underdog. Mineralization is generally comprised of deformed sub-vertical zones plunging to the northeast. Vein-type or pyrite replacement-type styles of mineralization crosscut syn-volcanic host rocks and syn-deformation felsic porphyry intrusions and are spatially associated with the contacts of the intrusions. The deposit is well defined from surface to a depth of 1,200 metres and remains open along strike and at depth. Mineralization has been identified 30 metres from surface in some areas and as deep as 2,000 metres in others, with significant potential to extend mineralization down-plunge and at depth.About Osisko Mining Inc. Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d'Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry area and nearby Quévillon area (over 2,700 square kilometres).Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "potential", "feasibility", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains the forward-looking information pertaining to, among other things: the Windfall gold deposit being one of the highest-grade resource-stage gold projects in Canada and having world-class scale; the key assumptions, parameters and methods used to estimate the mineral resource estimate; the prospects, if any, of the Windfall gold deposit; the timing and ability of Osisko, if at all, to publish a feasibility study for the Windfall gold deposit; the projected capital expenditures of mining activities at the Windfall gold deposit; upgrading an inferred mineral resource to a measured mineral resource or indicated mineral resource category; future drilling at the Windfall gold deposit; the deposit remaining open along strike to the northeast and at depth; significant high-grade zones (Lynx 4, Triple Lynx) remaining open down plunge; the plunge potential of the Lynx and Underdog zones; the significance of historic exploration activities and results. Such factors 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 Osisko to complete further exploration activities, including drilling; property and royalty interests in the Windfall gold deposit; the ability of the Corporation to obtain required approvals; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.CONTACT INFORMATION: John Burzynski President & Chief Executive Officer Telephone (416) 363-8653