MONTREAL, Nov. 22, 2022  -- Osisko Metals Incorporated (the "Company" or "OsiskoMetals") (TSX-V:OM; OTCQX:OMZNF; FRANKFURT:0B51) is pleased to announce additional results from the 2022 definition drilling program at its Pine Point Project, located in the Northwest Territories, Canada. As the Company drives towards a feasibility study, this continuous drill program is designed to achieve an average drill spacing of approximately 30 metres within current mineral resources. This spacing is intended to upgrade resources presently classified as Inferred to the Indicated category in order to be used in the feasibility to be initiated in H2 2023.

 

Drill Hole Assay Composite Highlights:

 

X25-22-PP-020: 9.00 metres, grading 10.51% Zn and 3.52% Pb (14.03% Zn+Pb)

X61-22-PP-002: 11.50 metres, grading 9.37% Zn and 4.99% Pb (14.36% Zn+Pb)

X64-22-PP-002: 21.00 metres, grading 11.65% Zn and 1.57% Pb (13.22% Zn+Pb)

X68-22-PP-034: 6.00 metres, grading 12.73% Zn and 2.50% Pb (15.23% Zn+Pb)

Vancouver, British Columbia--(September 8, 2022) - York Harbour Metals Inc. (TSXV: YORK) (OTC Pink: YORKF) (FSE: 5DE0) (the "Company" or "York") is pleased to report preliminary assay results from the York Harbour Copper-Zinc Project (the "Project") Phase 3 drilling program that targeted mineralization in the Main Mine area. Diamond drill hole YH22-61 intersected 2.86% Copper, 6.95% Zinc, 20.2 gpt Silver and 436.5 g/t Cobalt over a drilled length of 14.77 metres at the Company's York Harbour Copper-Zinc Project in Newfoundland. Additional drill core assay results are pending.

 

The results from this portion of the Phase 3 diamond drilling show that the historical drilling in the 'D' Zone either did not intersect this significant volcanogenic massive sulphide mineralization or for some reason this high-grade Copper-Zinc mineralization was not reported in the historical drill logs. This discovery significantly expands the D Zone mineralization and indicates that similar mineralization may extend along strike and downdip.

VANCOUVER, BC / September 6, 2022 / Torq Resources Inc. (TSX-V:TORQ, OTCQX:TRBMF) ("Torq" or the "Company") is pleased to announce a C$15 million non-brokered private placement with a wholly owned affiliate of NYSE listed international gold mining company, ("Gold Fields"), at a purchase price of C$1.00 per share. The funds will be used to advance Torq's portfolio of projects in Chile, primarily its Santa Cecilia gold-copper project, where the Company has recently signed a 7-year social access agreement, which covers the length of the underlying option agreement and most importantly will allow for drilling and other exploration activities to commence. The Company will issue an aggregate of 15,000,000 Torq common shares at $1.00, which represents a 23% premium to the 20-day average trading price of Torq's common shares on the TSX Venture Exchange, ending September 2, 2022. Upon closing of the private placement, Gold Fields will own approximately 15.05% of Torq's issued and outstanding shares (undiluted).

 

A Message from Shawn Wallace, CEO & Chair:

 

"We are very pleased to have attracted Gold Fields as a strategic investor in Torq. An investment of this size at this early stage of exploration represents tremendous confidence in our projects, our approach and our team. This capital will primarily finance the highly anticipated maiden drill program at our flagship Santa Cecilia gold-copper project, as well as additional drilling at Margarita, where we have been working to expand upon our exciting new discovery."

VANCOUVER, BC - August 2, 2022 / Torq Resources Inc. (TSXV:TORQ), (OTCQX:TRBMF) ("Torq" or the "Company") is pleased to announce the identification of new high priority targets at the Margarita Iron-Oxide-Copper-Gold project located in northern Chile, 65 kilometres (km) north of the city of Copiapo (Figure 1). The Remolino and Cototuda east targets have been defined based on the similar geological, geochemical, and geophysical characteristics as observed at the Falla 13 discovery drill hole 22MAR-013R, which intersected 90 metres (m) of 0.94% copper and 0.84 g/t gold (Figure 2). Collectively, these targets have the potential to define new pods of mineralization beyond the Falla 13 structural corridor, which is currently being drilled to expand upon the mineralization encountered in drill hole 22MAR-013R.

 

A Message from Michael Henrichsen, Chief Geological Officer:

"Following our new discovery made along the Falla 13 corridor, our technical team reviewed all available data sets which led to the refinement of the Remolino and Cototuda targets that have similar geological, geochemical and geophysical signatures to the discovery. We believe that these targets have high potential to host new bodies of copper-gold mineralization and we look forward to testing them in a third phase of drilling."