Osisko Metals Incorporated (TSE:OM) has released an update.
Osisko Metals has reported a substantial 30% increase in the copper-equivalent metal content of its Indicated Resource at the Gaspé Copper Project, now holding 495 million tonnes at 0.37% CuEq. This marks the Copper Mountain deposit as the largest undeveloped copper asset in Eastern North America, with notable additions of molybdenum and silver. The Company’s promising updated Mineral Resource Estimate paves the way for a Preliminary Economic Assessment and bolsters its position in Quebec’s critical mineral strategy for decarbonization.
For further insights into TSE:OM stock, check out TipRanks’ Stock Analysis page.