14.1 g/t Au Over 2.1 Metres Adds 500 Metre Strike Extension to Underdog

 9.58 g/t Au Over 7.6 Metres Adds 100 Metre Extension to Triple 8

 

TORONTO, Sept. 11, 2019  -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide an update on the Discovery 1 drill hole. Discovery 1’s principal exploration target is the interpreted outer shell and centre of a possible porphyry intrusion feeding the Windfall-Lynx gold system, at depths of approximately 3,000 metres to 3,500 metres from surface. The drill hole was designed to also target potential depth extensions of two known mineralized zones (the Underdog Zone and Triple 8 Zone). Preliminary results from Discovery 1 include intersections from the targeted Underdog and Triple 8 extensions, noted below. Approximately 2,300 metres down-hole length has been completed, with approximately 1,200 metres left to reach the principal exploration targets.

MONTREAL, Sept. 10, 2019 -- Amex Exploration Inc. (“Amex or the Company”) (TSX-V: AMX, FRA: MX0, OTCQX: AMXEF) is very pleased to report, after announcing last week the Grey Cat Zone discovery, the results of six drill holes on the Eastern Gold Zone (“EGZ”) on its Perron property in northwestern Quebec, Canada (see figure 1 and 2). A complete list of results is provided in table 1.

 

All of the drill holes intersected the EGZ with gold intersects coming from both the High Grade Zone (“HGZ”) and the Low Grade Zone which has been renamed as the Denise Zone. See holes PE-19-76 and PE-19-83 in figures 3 and 4.

TORONTO, Sept. 05, 2019  -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new infill drilling results from the ongoing definition and expansion program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. The program is currently focused on infill drilling within the main Windfall gold deposit and the adjacent Lynx deposit (located immediately NE of Windfall), exploration and expansion drilling on the main mineralized zones, and deep exploration in the central areas of the intrusive system.

 

Significant new analytical results from 72 intercepts in 38 drill holes and 16 wedges from surface focused on Lynx and Main Zone infill drilling are presented below. Additionally, 66 intercepts in 29 underground drill holes focused on multiple spacing infill drilling, including the pending Lynx bulk sample area, are included in a second table below.

VANCOUVER, British Columbia, Sept. 05, 2019 -- Asanko Gold Inc. (“Asanko” or the “Company”) (TSX, NYSE American: AKG) is pleased to announce that it has received $10 million from its joint venture partner Gold Fields Limited (“Gold Fields”).  Asanko and Gold Fields completed a Joint Venture Agreement on July 31, 2018 whereby they became 50:50 joint venture partners of the Asanko Gold Mine (“AGM”), located in Ghana, West Africa, which is operated by Asanko.  Part of that agreement included a $20 million cash payment that was contingent on an Esaase development milestone at the AGM. Following substantial achievement of that milestone in August 2019, Asanko has now received $10 million with the remaining $10 million to be paid on or before December 31, 2019.   

 

In addition, the Company is in the process of finalizing credit agreement documentation on behalf of the Asanko Gold Mine Joint Venture with Rand Merchant Bank (“RMB”) for a new revolving credit facility (the “Facility” or the “RCF”) in the amount of $30 million.  The term of the RCF will be three years, maturing in September 2022 and will bear interest on a sliding scale of between LIBOR plus a margin of 4% and LIBOR plus a margin of 3.8% based on security granted to RMB. Commitment fees in respect of the undrawn portion of the Facility will be on a similar sliding scale of between 1.4% and 1.33%.  Final closing of the facility remains subject to the completion of customary closing conditions.