Osisko Metals has staked 12 grass-roots zinc properties covering a total of 42,000 hectares of mineral claims throughout the province of Quebec. Twelve (12) under-explored zinc targets that were staked on the basis of geological research, expert analysis, compilation of surface sediment geochemistry and mineral occurrences found within governmental databases. 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”). These include six properties in the Appalachian fold belt that host showings of MVT-type mineralization (reported grabs up to 28.8% Zn+Pb) that have seen little or no previous drilling. As well, three projects that host metamorphosed SEDEX (BALMAT-type) surface showings (grabs up to 18.2% Zn) are within Grenville Geological Province and have also never been previously drilled.
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.