Drilling will focus on resource definition and expansion of the historical Gilmore South, Mount Fronsac, Flat Landing Brook and Louvicourt deposits, all 100% owned by Osisko Metals.
The Company has continued to consolidate its position in the prolific Bathurst Mining Camp with the addition of 519 new claim units (11,343 Ha) since the acquisition of the Mt Fronsac property. Osisko Metals now controls over 51,647 hectares in the camp. This latest strategic claim acquisition covers the area east of the Brunswick Belt stratigraphy and the interpreted Brunswick Horizon near the Carboniferous contact. These land holdings cover a significant portion of key favorable stratigraphy throughout the BMC.
President Jeff Hussey commented "We recognize the tremendous exploration opportunity in the Bathurst Mining Camp. Our first step is to build a resource base from historical deposits. Secondly, we continue to consolidate areas of interest as we initiate an aggressive camp-scale exploration campaign. We are eager to define viable zinc resources through a drill-focused exploration strategy".
Resource Expansion and Regional Exploration
Both the deposit scale and regional exploration programs will make use of the MiraGeoscience Common Earth Modelling technology that is an innovative, holistic, 3D modelling and target generation tool. This will generate a prioritized stream of high potential drill targets. This approach combines geological interpretation with geophysical and geochemical data sets that are merged into one common 3D-GIS (GOCAD) software platform to optimize drill targeting. Furthermore, this will lead toward the construction of the first 3D model of the entire BMC to identify new and untested mineralized VMS horizons.
The goal of these efforts is to quickly expand the Company's resource base and to generate highly prospective brownfield and greenfield targets throughout the BMC.
About the Bathurst Mining Camp
The BMC is the third largest volcanogenic massive sulphide mining camp in the world, and it is well known for extensive zinc, lead, copper and silver mineralization as well as multiple deposits and base metal mines including the former Brunswick # 12 Mine that produced 137 million tonnes of ore grading 8.74% zinc, 3.44% lead, 0.37% copper and 102 g/t silver between 1964 and 2013.
