Osisko Mining Delivers Positive PEA Update for Windfall

300,000 oz Au Average in First Seven Years of Full Production
39.3% After-Tax IRR and C$1.5 Billion After-Tax NPV at US$1,500/oz Au with 18 Year LOM
C$253 Million Average Annual After-Tax Free Cash Flow in First Seven Years of Full Production
 
TORONTO, April 07, 2021 -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide significant positive results from the independent Preliminary Economic Assessment (“PEA”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") on its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
 
The PEA provides a robust base case assessment for developing the Windfall gold deposit as an underground dual ramp-access mine with a central processing mill at the site. The study includes drill results available as of November 30, 2020. Osisko is rapidly advancing surface and underground work at Windfall, with over 8.5 kilometres of underground exploration ramp, recently achieving 500 metres vertical depth (see Osisko news release dated March 25, 2021).
 
Highlights
 
First 7 years of full production: 300,000 oz Au per year average, 8.1 g/t Au average diluted grade
Peak recovery of 328,000 oz Au in year 6; average production over 18 year life of mine (“LOM”) of 238,000 oz Au per year (based on MRE database as of November 2020)*
Published: 07 April 2021
Written by Editor
TSX   Mining   Project Update  
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Dynacor 2020: Reports its 10th Consecutive Annual Profit, Including an Operating Income of $9.5 Million, an Increase of 14.4%, and an EBITDA Increase of 9.3% Compared to 2019

MONTREAL, March 31, 2021 -- Dynacor Gold Mines Inc. (TSX: DNG / OTC: DNGDF) (Dynacor or the Corporation) released its audited annual consolidated financial statements and the management's discussion and analysis (MD&A) for the year ended December 31, 2020.

These documents have been filed electronically with SEDAR at www.sedar.com and will be available on the Corporation's website www.dynacor.com.

(All figures in this press release are in Ms of US$ unless stated otherwise. All amounts per share are in US$. All variance % are calculated from rounded figures. Some additions might be incorrect due to rounding).

2020 OVERVIEW AND HIGHLIGHTS

OVERVIEW

In an historical year marked by the Covid-19 pandemic and which continues to pose global challenges, Dynacor completed its fiscal 2020 recording its 10th consecutive profitable year with a net income of $4.3 million compared to $5.2 million in 2019 and with a 9.3% increase in EBITDA to $11.7 million, including $4.8 million in Q4-2020 ($2,2 million in Q4-2019).

Published: 31 March 2021
Written by Editor
TSX   Mining   Financial Results  
Read more: Dynacor Gold Mines Inc ( DNG )

Bonterra Expands Multiple Gold Mineralized Zones at Barry; Highlighted by 7.4 g/t over 14.7 metres, Including 20.6 g/t over 4.9 metres

Val-d'Or, Quebec--(March 31, 2021) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce an update on results from the ongoing drilling campaign at the Barry project. Recent drilling was designed to expand the Barry "H-Series" gold mineralized zones at depth (See Figures 1 and 2). The latest drilling results encompass 11 expansion diamond drill holes (4,794 metres ("m")), including six drill holes that were deepened to test for potential extensions of "H-Series" subparallel zones. Drilling was highlighted by a wide zone of mineralization in drill hole MB-21-340 that intercepted 7.4 grams-per-tonne gold ("g/t Au") over 14.7 m. The Company is currently drilling at a rate of approximately 10,000 m per month and plans a mineral resource estimate update for Q2/21 (the "2021 Resource Update"), which is expected to incorporate approximately 130,000 m of new drilling information, including results presented today. In addition, work on the the Preliminary Economic Assessment ("PEA") is ongoing and is expected to be completed in the fall of 2021 (See press release dated March 1, 2021).
 
Highlights:
 
7.4 g/t Au over 14.7 m and 1.4 g/t Au over 6.8 m in hole MB-21-340
3.8 g/t Au over 6.8 m and 2.1 g/t Au over 6.6 m in hole MB-21-339
3.5 g/t Au over 6.3 m in hole MB-20-255
3.9 g/t Au over 2.7 m in hole MB-20-278
Published: 31 March 2021
Written by Editor
TSX Venture   Drill Results  
Read more: Bonterra Resources Inc ( BTR )

Amex Reports New Near Surface Large Intervals of Gold Mineralization of up to 1.62 g/t Au over 51.30 meters from Denise Zone at Perron

MONTREAL, QC /  March 31, 2021 / Amex Exploration Inc. ("Amex or the Company")(TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is pleased to report a number of drill results focused on expansion and definition of the Denise Zone ("Denise") of the Eastern Gold Zone ("EGZ") of the Perron Gold Project, Quebec. See Figure 1
 
Today's results significantly expand upon and confirm expectations of the large zones of broad near-surface gold mineralization and continuity of Denise as Amex works to drill off its maiden resource on the Perron Project. Highlights are detailed below, and a complete list of results is available in Table 1 and presented in Figure 2. In addition to the results detailed below, Amex is awaiting results on over 21,800 samples at two labs from holes targeting the HGZ, Denise, and Grey Cat Zone, as well as regional exploration drilling.
 
Highlights:
 
1.62 g/t Au over 51.30 metres including 5.34 g/t over 12.80 metres at a vertical depth between approximately 80 and 115 metres in hole PE-20-234.
Published: 31 March 2021
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TSX Venture   Mining   Drill Results  
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Stratabound Reports 10.51 g/t Au over 6.8m at Golden Culvert, Yukon Territory, Including 34.8 g/t Au over 1.8m

Highlights:
  • All six holes reported intercept gold-mineralized quartz vein and breccia structures.
  • Best intercept in hole GC20-16 yields 34.8 g/t Au over 1.8m quartz vein including 86.6 g/t Au over 0.6m down-hole.
  • Total intercept (both vein and wall-rock halo) yields 10.51 g/t Au over 6.8m down-hole.
  • Hole GC20-15 collars immediately into high-grade gold mineralization of 10.2 g/t Au over 0.7m at bedrock surface.
Toronto, Ontario--(- March 30, 2021) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") is pleased to report the final diamond drill results received from its 2020 drill program at its flagship Golden Culvert Project in the southeastern Yukon Territory.
Published: 30 March 2021
Written by Editor
TSX Venture   Drill Results  
Read more: Stratabound Minerals ( SB )
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