Osisko provides drilling results

Osisko Mining Corp., a Canadian junior gold exploration company, provides initial results from five new holes from its current drilling program on the South Barnat Zone.

All the five holes on the grid which include, BA08-3001, BA08-3002, BA08-3007, BA08-3009, BA08-3014, are inclined 40 to 75 degrees to the northeast or southwest. Assay results from other holes are pending.

The drilling result shows that the current minimum strike length of the South Barnat Zone is 775 metres with a true width ranging between 30 and 90 metres.

The South Barnat Zone is a separate gold mineralised zone, which is some 1200 metres northeast of the centre of the Canadian Malartic deposit.

Sean Roosen, Osisko’s President and CEO, said that Osisko’s current exploration objective is to define new higher-grade resources for potential blending with mineralisation from the main Canadian Malartic deposit.

We are focusing the bulk of current exploration drilling on the South Barnat Zone because of earlier results in 2006 that suggested this zone was potentially twice the average grade of the Canadian Malartic deposit, added Mr. Roosen.

The new drill results support this view and suggest potential for even higher grade material, which could have a very positive effect on the Canadian Malartic project parameters, concluded Mr. Roosen.