Osisko Metals has staked 12 grass-roots zinc properties covering a total of 42,000 hectares of mineral claims throughout the province of Quebec. Regional geological research and expert analysis and compilation of surface sediment geochemistry and mineral occurrence found within governmental databases identified 12 under-explored zinc targets that were available for map staking. These are referred to as the Quebec Genex projects.
The projects are all hosted in classic geological environments for zinc, including stratiform sediment-hosted and its metamorphic equivalents (“SEDEX” and “BALMAT”), volcanogenic massive sulphides (“VMS”), and the Mississippi Valley Type (“MVT”).
Of the twelve (12) properties, a few have been identified as being highly prospective, and will be priority targets for the Company’s first phase of exploration work.
|QUEBEC GENEX PROJECTS|
|SCHEFFERVILLE||SEDEX||Largest surface area of lake sediment zinc anomalies in Canada (60 x 10 km) with values up to 5000 ppm Zn; Origin tied to one geological formation; Source unknown; No drilling; No rock sampling|
|MONTAUBAN||SEDEX||9 showings along a 7 km trend with grab samples up to 17.1% Zn; Limited previous drilling|
|NORMETAL SUD||SEDEX||6 showings over 10 km trend with grab samples up to 10.2% Zn; No previous drilling|
|ASCENSION||BALMAT||4 showings with grab samples up to 18.2% Zn; No previous drilling|
|GATINEAU-WALLACE||BALMAT||1 showing with grab samples up to 5.5% Zn, no previous drilling; Untested EM anomalies|
|KILMAR||BALMAT||1 showing with grab samples up to 16.7% Zn; No previous drilling; Adjacent to former magnesite mine|
|DUNHAM||MVT||5 showings with grab samples up to 5% Zn+Pb along 15 km trend; Limited previous drilling|
|HEMMINGFORD||MVT||2 near-surface mineralized zones; Limited previous drilling; up to 8.3% Zn / 1 metre in drilling; Plan is to sample "La Colle Breccia" outcrops|
|LEEDS||MVT||3 showings along 17 km-long trend with DDH up to 15.5% Zn / 1 m; Limited previous drilling|
|LIZARD||MVT||1 showing with grab samples up to 22.5% Zn+Pb; No previous drilling|
|GRAVELLY||MVT||7 showings withgrab samples up to 12.7% Zn+Pb; Limited previous drilling|
|MT ST PIERRE||MVT||2 showings with grab samples up to 28.8% Zn+Pb; No previous drilling|