Day: April 13, 2022

Osisko Announces Preliminary Q1 2022 Deliveries, Record Cash Margin and Provides Portfolio Update

Sandeep Singh, President and CEO of Osisko commented: “Osisko had a very productive start to the year. We provided our inaugural 5-year growth outlook which highlights excellent organic growth, announced an agreement to acquire a metals stream on the high-grade Trixie Gold Mine in Utah, entered into a binding agreement with Metals Acquisition Corp. on a silver stream on the high-grade CSA mine in Australia, and closed a US$250 million equity financing.”

Planning of Phase 2 Exploration Diamond Program on the Santa Maria Property Ongoing

Peter Hawley, President, CEO reports; “As mentioned before, the past year of exploration diamond drilling, underground diamond drilling, definition diamond drilling, and finally surface mapping and sampling, has been not only aggressive, but has resulted in over 6,900 samples collected and analyzed. This massive input of data has led our stream lined analytical team to new important understandings of the structural and mineralization controls on the western sector of the property where approximately 80% of our efforts over the past year were focused.”

SilverCrest Announces Additional El Picacho Drill Results

“This work program was successful in gathering significant information pertaining to the historic resource, expanding the Footprint, and highlighting the potential for further growth. Our objective is to delineate an initial mineral resource estimate and, while work remains to achieve this objective, we are encouraged by the initial results at Picacho.”

Reyna Gold Reports 8.68 g/t Gold, 0.56% Copper and 64 g/t Silver Sample from El Sombrero Target, Outlines Expanded Drill Program and Adds Peter Jones to The Board

“It is encouraging to be getting high Gold grade samples in El Sombrero similar to the Main Zone. Additionally, it is very good news to be getting strong Copper, Silver, Lead and Zinc grades, which confirms what the geological team interpreted that the El Sombrero area includes at least 3 different stages of mineralization.”

All News