Osisko intercepts 312 m averaging 0.56% Cu at Gaspé
Osisko Intersects 312 Metres Averaging 0.56% Cu at Gaspé
MONTREAL, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the “ Company ” or “ Osisko Metals ”) ( TSX: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce new results from the 2026 drill program at the Gaspé Copper Project, located in the Gaspé Peninsula of Eastern Québec.
New analytical results from the 2026 drill program are presented below (see Table 1), including 35 mineralized intercepts from 15 new drill holes. Reported “infill” intercepts are located within the 2026 MRE model ( see April 14, 2026 news release ) and will be focused on upgrading Inferred Mineral Resources to Measured or Indicated categories, as applicable. “Expansion” intercepts are located outside the 2026 MRE model and comprise either A) in-pit expansion, which offers potential to convert in-pit waste into additional resources within the 2026 MRE Whittle pit, or B) out-of-pit expansion, consisting of mineralization located out of the 2026 MRE Whittle pit, which may potentially lead to the definition of new resources. Some of the reported intercepts may have contiguous shallower infill as well as deeper expansion (noted as “Both”). Maps showing hole locations are available at www.osiskometals.com .
Osisko Metals Chief Executive Officer Robert Wares commented: “This new round of drilling continues to expand the known deposit, improve grade to the south, and convert waste rock to the southwest within the 2026 MRE Whittle pit volume to mineralized material. Drill holes 30-1218 and 30-1223 in particular added higher-grade material within and below the current pit volume. We are also seeing good intercepts of mineralization outside the 2026 MRE resource model and pit limits, particularly in hole 30-1215, which is located on the eastern margin of the Needle Mountain pit.”
Highlights
312.5 metres averaging 0.56% Cu (Infill) in DDH 30-1223
117.9 metres averaging 0.49% Cu (In-pit expansion) in DDH 30-1218
57.