Osisko Mining Updates Windfall Mineral Resource Estimate

1.86M oz Au M&I Resource Averaging 9.6 g/t Au
4.24M oz Au Inferred Resource Averaging 8.0 g/t Au
 
TORONTO, Feb. 17, 2021  -- Osisko Mining Inc. (OSK:TSX, "Osisko" or the "Corporation") is pleased to provide an updated mineral resource estimate (the "MRE") for its 100% owned world-class Windfall gold deposit, located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.
 
This MRE is based on drilling completed as of September 2020, and includes analytical results received as of November 30, 2020.  Approximately 100,000 metres of drilling has been completed since the above dates, with a further 200,000 metres in progress and expected to be completed by the third quarter of 2021.  A subsequent MRE for the Windfall feasibility study will follow the completion of the infill program.
 
HIGHLIGHTS
 
M&I grade of 9.6 g/t Au continues trend of grade increase with infill program
M&I ouncesincreased 54%
Lynx represents over 60% of the total MRE ounces with average grades of 11.3 g/t Au Measured; 11.0 g/t Au Indicated; and 9.9 g/t Au Inferred
Significant Lynx high-grade zones remain open to expansion down plunge
Remainder of infill drilling is focused on Lynx with >30 drills
Discovery and definition cost averages US$38/oz1
Deposit average of 4.5 oz Au defined per metre drilled
Published: 17 February 2021
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Read more: Osisko Mining Inc ( OSK )

Skeena Discovers New In-Pit Mineralization at Eskay Creek Including 4.80 g/t AuEq over 30.50 metres

VANCOUVER, BC /  February 17, 2021 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) ("Skeena" or the "Company") is pleased to report additional diamond drill core results from the Phase 2 campaign of definition and exploration drilling at the Eskay Creek Project ("Eskay Creek" or the "Project") located in the Golden Triangle of British Columbia. The Phase 2 infill program, focused upon resource category conversions for the Pre-Feasibility Study ("PFS") on open-pit constrained resources, is now complete. The Company has also recently completed a 5,000 m near-mine exploration program at Eskay Creek and is awaiting results. Reference images are presented at the end of this release as well as on the Company's website.
 
Eskay Creek Infill Drilling Highlights
 
New 21C-HW Zone:
 
4.33 g/t Au, 13 g/t Ag (4.50 g/t AuEq) over 20.05 m (SK-20-692)
4.65 g/t Au, 11 g/t Ag (4.80 g/t AuEq) over 30.50 m (SK-20-780)
21C Zone:
 
3.87 g/t Au, 7 g/t Ag (3.96 g/t AuEq) over 24.70 m (SK-20-721)
2.69 g/t Au, 30 g/t Ag (3.09 g/t AuEq) over 33.92 m (SK-20-735)
3.20 g/t Au, 83 g/t Ag (4.31 g/t AuEq) over 29.35 m (SK-20-748)
Published: 17 February 2021
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TSX   Mining   Drill Results  
Read more: Skeena Resources ( SKE )

Amex Discovers Additional High Grade Gold Structure Grading 58.25 g/t Au over 3.90 m on the Northern Normetal Fault and Reports 32.99 g/t Au over 4.50 m at High Grade Zone at Perron

MONTREAL, QC /  February 17, 2021 / Amex Exploration Inc. ("Amex or the Company") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is pleased to report the discovery of an additional high grade gold structure and results from several holes targeting the depth extension of the High Grade Zone (HGZ) of the Eastern Gold Zone (EGZ). Watch this video clip to hear a brief explanation of today's results from Kelly Malcom, VP Exploration. https://youtu.be/HesYvCSAcA4
 
As a reminder, the EGZ is comprised of two gold zones, High Grade Zone, a continuous high grade gold system which is immediately north of the Denise Zone (Denise), as shown in Figure 1. In addition, while targeting the depth extension of the HGZ, Amex intersected near-surface high grade gold mineralization in a new gold structure proximal to the Normetal fault zone. This interval, which returned 58.25 g/t over 3.90 m, is spatially and likely structurally related to an intersection of 2.75 g/t Au over 2.80 m drilled by former optionee in 2016, as well as visible gold mineralization in nearby recently drilled hole PE-20-229 for which assays are still pending.
Published: 17 February 2021
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Read more: Amex Exploration Inc ( AMX )

Gatling Drills 170.0 m of 1.5 g/t Au from Near Surface; Proves Growing Continuity and Strength of Mineralization at Larder Gold Project, Ontario

VANCOUVER, BC / February 16, 2021 / GATLING EXPLORATION INC. (TSXV:GTR)(OTCQB:GATGF) (the "Company" or "Gatling) is pleased to announce that drilling at its Larder gold project in Ontario has intersected increased continuity and grade with 170.0 m of 1.5 g/t Au starting just 31 m from surface. Hole GTR-20-089 was drilled on Zone 2 of the Fernland deposit and follows Gatling's recent success 400 m west at Zone 1, where drilling hit 101.3 m of 1.1 g/t Au from near surface. The Company will continue with its current focus on near surface gold mineralization by testing Zone 3 at Fernland - one of three gold deposits along a 4.5 km trend at the Larder project that hosts high-grade mineralization at depth and widespread mineralization near surface.
 
Jason Billan, President and CEO for Gatling, commented, "This second round of drill results in our ongoing 25,000 m program are led by highlight hole GTR-20-089, which matched the highest metal factor ever hit since the inception of Gatling. Furthermore, our exploration team has demonstrated impressive, near-surface continuity for the first time at Larder. The Fernland deposit will be the focus for just over half of the current drill program, before we deliver an initial resource estimate at Fernland along with a resource update at Cheminis and Bear (due out in H2)."
Published: 16 February 2021
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Read more: Gatling Exploration ( GTR )

Benz Mining: Assays Confirm the Discovery of 2 New Trends at Eastmain

Highly successful maiden scout drilling campaign returns individual assays up to 85.0g/t gold
 
HIGHLIGHTS
  • Assays for Benz's maiden 2020 drilling campaign received and processed
  • Several high-grade (+8.0g/t gold) intervals and individual assays values up to 85.0g/t Au
  • Second new parallel trend identified with discovery hole EM20-132 drilled into a FLEM anomaly returning 5.0m at 8.3g/t Au including 3.0m at 13.7g/t Au
  • Third trend below the mine sequence discovered in hole EM20-141 with 7.2m at 4.6g/t Au including 3.8m at 8.5g/t Au and 0.4m at 85.0g/t Au
  • Extensions to existing resource identified with step out 120m down plunge from Eastmain resource envelope intersecting 2.5m at 7.4g/t Au
  • New blind mineralized domain 1.8km along strike from Eastmain mine returns 5.4m at 3.2g/t Au including 1.4m at 7.2g/t Au (FLEM Target)
  • Assays validate a new strategy to directly target gold mineralization via both ground and down hole electro magnetics
  • Presence of coarse visible gold calls for re-assay of mineralised intervals
  • Fully funded 50,000m diamond drill program and +100 line-km FLEM survey underway
Published: 11 February 2021
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TSX Venture   Mining   Drill Results  
Read more: Benz Mining Corp ( BZ )
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