Osisko Metals Incorporated (TSE:OM) has released an update.
Osisko Metals Incorporated has updated its Mineral Resource Estimate for the Pine Point Project, revealing a substantial 49.5 million tonnes of indicated resources with a 5.52% zinc equivalent grade, alongside 8.3 million tonnes of inferred resources at 5.64% zinc equivalent. This marks a major increase of 214% in indicated resource tonnage from the previous estimate, setting a solid foundation for the upcoming Feasibility Study. The project boasts significant infrastructure advantages, including paved roads, railhead access, and an on-site hydroelectric substation, enhancing its development prospects.
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