https://www.engineeringnews.co.za

Osisko outlines 50 000 m drill campaign for Pine Point

27th February 2018

By: Henry Lazenby

Creamer Media Deputy Editor: North America

     

Font size: - +

VANCOUVER (miningweekly.com) – Base metals explorer Osisko Metals has revealed plans for a 50 000 m drilling programme for its Pine Point zinc/lead property, located in the Northwest Territories.

The Montreal, Quebec-based company advised that, since the acquisition of the property closed early this month, it has mobilised three drill rigs to site, and has started to drill targets with poor summer accessibility.

It is funding the exploration from internal cash on hand.

According to Osisko, the programme will continue for about five weeks before spring break-up is expected, and resume by May.

Osisko advised that the aggressive campaign is meant to confirm, upgrade and expand the portfolio of more than 40 historical deposits. Shallow mineralisation will allow the company to rapidly convert the historical resources into National Instrument 43-101-compliant resources and incorporate them into economic studies, as well as test new target areas.

The historical targets are located at the electrical substation near the site of the former concentrator and the Pine Point town site. Exploration will also include an airborne geophysical survey, the company said.

Osisko is also planning metallurgical testing, advanced baseline environmental studies, and engineering trade-off studies as part of an aggressive development programme to be run in parallel to the exploration programme.

Edited by Creamer Media Reporter

Comments

Showroom

Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 
M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/04/2024)
12th April 2024 By: Martin Creamer
Magazine round up | 12 April 2024
Magazine round up | 12 April 2024
12th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.077 0.131s - 156pq - 2rq
Subscribe Now