Pine Point

Osisko Metals Announces New Pine Point Drill Results With Up to 28.0 Metres Grading 10.9% Zinc and 8.0% Lead

Retrieved on: 
Thursday, September 28, 2023
Pine Point, Mineral Resources Limited, Metal

MONTREAL, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company" or "Osisko Metals") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce additional assay results from its 2023 drilling program at the Pine Point Project, located in the Northwest Territories, Canada.

Key Points: 
  • MONTREAL, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company" or "Osisko Metals") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce additional assay results from its 2023 drilling program at the Pine Point Project, located in the Northwest Territories, Canada.
  • The reported results are from the P499 and O556 deposits, both prismatic-style deposits with associated tabular-style aprons in the West Zone (“WZ”).
  • Results within the prismatic pipes defined by historical drilling were thick, high-grade intersections consistent with historical results.
  • Robert Wares, CEO and Chairman of the Board, commented: “Drill results from Pine Point continue to meet or exceed expectations and we are looking forward to an updated resource estimate before year end.

Osisko Metals Provides Corporate Update

Retrieved on: 
Friday, September 22, 2023
Pine Point, PPML, Metal, Rare-earth element, Osisko Gold Royalties

MONTREAL, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company or "Osisko Metals") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) today announces a change to management and the grant of options as outlined below:

Key Points: 
  • MONTREAL, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company or "Osisko Metals") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) today announces a change to management and the grant of options as outlined below:
    On April 6, 2023, the successful closing of the joint venture transaction between the Company and a subsidiary of Appian Natural Resources Fund III LP (“Appian”) resulted in the formation of a joint venture for the advancement of Osisko Metals’ Pine Point Project (the “Transaction”), called Pine Point Mining Limited (PPML).
  • The Company confirms that as of September 30, 2023, Mr. Jeff Hussey will step down as President and Chief Operating Officer of Osisko Metals and transition full-time to PPML (holder of the Pine Point Project) as Chief Executive Officer.
  • Mr. Hussey remains a member of Osisko Metals’ Board of Directors.
  • “It has been a unique pleasure to be part of the Osisko Metals team from its inception and have had the opportunity to interact with the larger group of Osisko companies,” said Mr. Hussey.

Rover Metals Receives $153,000 Grant for IML Critical Minerals Project, NT, Canada

Retrieved on: 
Thursday, July 27, 2023
NT, Zinc, United Finance, Rover, IML, Unit, Joint venture, Government, Mountain Lake, QP, Nature, NI, Pine Point, Greenstone, Mining, Rare-earth element, Uranium mining, Lithium, Copper

The IML Vulcanic Massive Sulphide project has had exploration dating back to the 1940s and has a historical resource spread across four zones on the project.

Key Points: 
  • The IML Vulcanic Massive Sulphide project has had exploration dating back to the 1940s and has a historical resource spread across four zones on the project.
  • Rover Metals is seeking Joint Venture partners to option the project in 2024 for drilling.
  • Judson Culter, CEO at Rover Metals, states, “Zinc, Copper, and Lithium are on the Canadian Government’s Critical Minerals List, and have been prioritized for development.
  • We’re thrilled the Government of the Northwest Territories has selected the IML project for grant funding.

Osisko Metals Signs C$100 Million Investment Agreement With Appian Natural Resources Fund for a Joint Venture on Pine Point

Retrieved on: 
Wednesday, February 22, 2023
Pine Point, Transaction, Chair, Copper extraction, News, Qualified person (European Union), Investment, LLP, Policy, International investment agreement, Fund for Protection of Investors' Rights in Foreign States, FID, SEDAR, Security (finance), Management, Commercial property, Audit, Exchange, Appian, PPML

The board of directors of PPML will initially consist of four directors with two nominees from Appian and two nominees from Osisko Metals.

Key Points: 
  • The board of directors of PPML will initially consist of four directors with two nominees from Appian and two nominees from Osisko Metals.
  • Upon Appian earning an interest in PPML above 50%, the board of directors will consist of five directors with three nominees from Appian and two nominees from Osisko Metals.
  • The Investment Agreement includes, among other things, a non-solicitation provision and a C$4.5 million termination fee payable by Osisko Metals to Appian under certain circumstances.
  • Concurrent with closing of the Transaction, Osisko Metals and Appian will enter into an investor rights agreement (the "Investor Rights Agreement").

Osisko Metals Reports Additional Infill Drill Results at Gaspé Copper Including 102.0 m of 0.57% Copper and 2.20 gpt Silver

Retrieved on: 
Thursday, October 27, 2022
Company, Techno-economic assessment, Gaspé, Qualified person (European Union), Transport, NPV, Copper, TSX Venture Exchange, SEDAR, Lead, IRR, Zinc, PEA, QA/QC, TSX, Resource management, Mineral resource estimation, Pine Point, News, Legislation, COO, Technical report, ALS, Canada, Copper extraction, ICP-AES, Intention, ICP-MS, Perception, Oil, Mining, BC

Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses.

Key Points: 
  • Osisko Metals adheres to a strict QA/QC program for core handling, sampling, sample transportation and analyses.
  • Drill core samples from the Mines Gaspe project area are securely transported to its core facility on site, where they were logged and sampled.
  • Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals space.
  • Gasp Copper hosts the largest undeveloped copper resource in Eastern North America, strategically located near existing infrastructure in the mining-friendly province of Quebec.

Osisko Metals Signs an MOU to Explore Power Connection With Northwest Territories Power Corporation

Retrieved on: 
Thursday, October 13, 2022
News, Pine Point, TSX, Technical report, IRR, NPV, Perception, Mineral resource estimation, PEA, Copper, Company, TSX Venture Exchange, Legislation, Intention, Zinc, Copper extraction, Resource management, Lead, Techno-economic assessment, SEDAR, Mining

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals space.

Key Points: 
  • Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals space.
  • Please refer to the technical report entitled Preliminary Economic Assessment, Pine Point Project, Hay River, Northwest Territories, Canada dated July 30, which has been filed on SEDAR.
  • Gasp Copper hosts the largest undeveloped copper resource in Eastern North America, strategically located near existing infrastructure in the mining-friendly province of Quebec.
  • Factors that could cause actual results to differ materially from such forward-looking information are set out in the Companys public documents filed at www.sedar.com .

Rover Metals Receives Exchange Approval for IML Critical Minerals Project Acquisition, NT, Canada

Retrieved on: 
Wednesday, September 28, 2022
Lithium, Rover, Project, FSE, NI, Nature, OTCQB, Company, Growth, Pine Point, Gold, BC, TSX Venture Exchange, CEO, Thomas Thompson Land, Silver, IML, Government, GLOBE, Zinc, QP, Oil, Mining, Copper, NT

The IML VMS Project has had exploration dating back to the 1940s and has a historical resource spread across four zones on the project.

Key Points: 
  • The IML VMS Project has had exploration dating back to the 1940s and has a historical resource spread across four zones on the project.
  • The property is located approximately 195 km east-northeast of Yellowknife, NT, off the eastern arm of Great Slave Lake.
  • Judson Culter, CEO at Rover Metals, states Zinc and Copper, along with Lithium are the future, and fundamental to the growth of our company.
  • The Company is exclusive to the mining jurisdictions of Canada and the U.S.
    You can follow Rover on its social media channels:

Rover Metals Signs Definitive Option Agreement for Brownfields Critical Minerals Project at 60th Parallel, NT, Canada

Retrieved on: 
Wednesday, September 14, 2022
Rover, Project, Q&A, FSE, NI, Nature, OTCQB, Company, Acquisition, Pine Point, NT, BC, TSX Venture Exchange, Ownership, South Tyrol Option Agreement, Mineral, CEO, Thomas Thompson Land, Smart contract, EV, Government, Interview, AB, Conference, GLOBE, Zinc, Indian stock exchange, State, QP, Oil

The property is located approximately 195 km east-northeast of Yellowknife, NT, off the eastern arm of Great Slave Lake.

Key Points: 
  • The property is located approximately 195 km east-northeast of Yellowknife, NT, off the eastern arm of Great Slave Lake.
  • Rover Metals will be presenting at the Redefining Electric Metals Conference in Calgary, AB, on September 19th and 20th.
  • Judson Culter, CEO at Rover Metals, states We see tremendous growth coming for critical minerals fueled by domestic EV demand in the U.S. and Canada.
  • The Company is now developing both: (1) critical minerals projects; as well as (2) precious metals projects.

Rover Metals Launches New Website Showcasing Pivot to Critical Minerals

Retrieved on: 
Thursday, September 8, 2022
QP, AB, CEO, OTCQB, VWAP, Pine Point, Thomas Thompson Land, Rover, Ownership, Policy, FSE, Government, BC, GLOBE, Conference, State, Company, Interview, Zinc, Mineral, EV, NI, NT, TSX Venture Exchange, Service, Q&A, Nature, Oil, Mining

VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (Rover or the Company) further to its release of August 16, 2022, Rover is pleased to announce the launch of its new website showcasing the pivot by the Company into critical minerals.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (Rover or the Company) further to its release of August 16, 2022, Rover is pleased to announce the launch of its new website showcasing the pivot by the Company into critical minerals.
  • Judson Culter, CEO at Rover Metals, states We see tremendous growth coming for critical minerals fueled by domestic EV demand in the U.S. and Canada.
  • Rover Metals will be presenting at the Redefining Electric Metals Conference in Calgary, AB, on September 19th and 20th.
  • The Company is now developing both: (1) critical minerals projects; as well as (2) precious metals projects.

Osisko Metals Files Positive Pine Point PEA

Retrieved on: 
Monday, August 29, 2022
Mineral resource estimation, Copper extraction, LOM, National instrument, Legislation, Perception, Pine Point, Technical report, TSX Venture Exchange, Consultant, Lead, Resource management, TSX, Copper, PEA, Intention, Company, News, Zinc, Techno-economic assessment, NPV, SEDAR, IRR, Industry, Nature, Mining

The PEA Update mine plan and economic model include numerous assumptions and the use of Inferred Mineral Resources.

Key Points: 
  • The PEA Update mine plan and economic model include numerous assumptions and the use of Inferred Mineral Resources.
  • This PEA was prepared for Osisko Metals by BBA Inc, WSP Canada Inc., and other industry consultants, all Qualified Persons (QP) under National Instrument 43-101.
  • The study was coordinated by the Companys Project Manager Xavier Pouchain PMP in collaboration with Osisko Metals.
  • Please refer to the technical report entitled Preliminary Economic Assessment, Pine Point Project, Hay River, Northwest Territories, Canada dated July 30, which has been filed on SEDAR.