Northwire Canada EditionWednesday, August 5, 2026
Sign inSubscribe
Northwire
⌕
LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
Drill Results

Osisko Metals Intersects 731 Metres Averaging 0.29% Cu at Gaspe

By The Northwire Desk — AI Analysis Aug 13, 2025 · 06:00 OM · 0.44 Osisko Metals Incorporated
OM · Price

Executive Summary

  • Osisko Metals released results from seven new drill holes at the Gaspé Copper Project, delivering 20 significant mineralized intercepts that both infill and expand the 2024 Mineral Resource Estimate (MRE).
  • Key intercepts include a 730.7 m interval averaging 0.29% Cu (hole 30‑1096) and a 92.1 m interval averaging 0.24% Cu with a higher‑grade 47.2 m zone at 1.14% Cu (hole 30‑0872), extending mineralization to depths of >1,000 m.
  • The company plans further drilling over a 450 m × 550 m area, targeting additional tonnage for the next MRE update scheduled for Q1 2026, indicating a material positive outlook for resource growth.

Key Details

  • Hole 30‑1096: 730.7 m @ 0.29% Cu (infill & expansion) – includes lower‑grade expansion to 1,062 m depth.
  • Hole 30‑1085: 219.0 m @ 0.41% Cu (infill) and 754.5 m @ 0.24% Cu (both infill & expansion).
  • Hole 30‑0872: 92.1 m @ 0.24% Cu, 3.05 g/t Ag; followed by 47.2 m @ 1.14% Cu, 11.84 g/t Ag – extends mineralization to 390 m depth south of the 2024 MRE.
  • Hole 30‑1092: 331.5 m @ 0.37% Cu, 3.21 g/t Ag (expansion).
  • Hole 30‑1095: 309.5 m @ 0.26% Cu, 2.11 g/t Ag (infill) plus additional expansion intercepts.
  • Hole 30‑1098: Combined infill and expansion intervals totaling ~340 m with grades ranging 0.20–0.35% Cu.

  • Hole 30‑1099: 614.7 m @ 0.23% Cu, 1.59 g/t Ag (both infill & expansion) plus a 138 m lower‑grade expansion zone.

  • All intercepts meet a 0.12% CuEq cut‑off over contiguous 20‑m intervals; true widths estimated at 90–92% of core length.

  • QA/QC: Core sampled per ALS Canada protocols, analyzed by ICP‑AES/MS for Cu, Mo, Ag.

Notable Quotes

“Drill results at Gaspé Copper continue to exceed expectations. These new data expand the deposit further south and at depth… we believe will add significant new tonnage to the MRE update, planned for Q1 2026.” – Robert Wares, CEO

Qualified Person: Bernard‑Olivier Martel, P.Geo., OGQ 492 (NI 43‑101).

Option Grant: 125,000 stock options at $0.44 per share, five‑year term, vesting annually in thirds starting one year after grant (effective Aug 12 2025).

Read the original news release →

More from Osisko Metals Incorporated

Jul 23, 2026 · 06:00

Osisko’s bulk-tonnage porphyry copper drilling confirms continuity with long, modest-grade intercepts but lacks the high-grade kick needed to re-rate the stock.

Drill Results Jul 13, 2026 · 17:00

Glencore converts C$25M debenture at a deep discount, eliminating debt but diluting shareholders by approximately 17%.

Financings Jun 09, 2026 · 06:00

Osisko Metals reports high-grade copper intersections from expansion drilling at its Gaspé project, confirming the trajectory for resource growth.

Drill Results May 29, 2026 · 07:19

Osisko Metals Confirms Resource Scale with NI 43-101 Filing, Strategic Backing Validates Long-Term Potential

Resource Estimate Apr 14, 2026 · 06:00

Osisko Metals Doubles Copper Resource as Gaspé Project Enters World-Class Tier

Resource Estimate Feb 25, 2026 · 06:00

Osisko Metals expands Gaspé footprint as high-grade intercepts confirm southern extension and deep porphyry potential

Drill Results