Osisko Metals Hits High-Grade Copper at Gaspé Project

Event summary

Osisko Metals intersected 94.4 meters averaging 1.47% Cu in infill drilling at Gaspé Copper Project.
Hole 30-1258 discovered a previously unknown porphyry intrusion with 121 meters averaging 0.71% Cu.
Drilling expanded mineralization south of the main pit area, indicating potential for a third porphyry center.
Current pit-constrained Measured and Indicated Mineral Resources stand at 1.83 Bt averaging 0.32% CuEq.

The big picture

Osisko Metals' latest drilling results at the Gaspé Copper Project highlight the potential for significant resource expansion, particularly with the discovery of a previously unknown porphyry intrusion. This development comes as the company focuses on upgrading Inferred resources to higher confidence categories, positioning Gaspé Copper as a strategic asset in the critical metals sector. The project's location near existing infrastructure in Québec further enhances its development potential.

What we're watching

Resource Expansion: Whether the newly discovered porphyry intrusion will significantly increase the project's resource base.
Drilling Strategy: The pace at which Osisko Metals can convert Inferred resources to Measured and Indicated categories.
Market Dynamics: How the high-grade intercepts will impact the valuation of Gaspé Copper as the largest undeveloped copper resource in eastern North America.