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Osisko Mining Schedules Regional Exploration Program for Early 2023 at Urban-Barry Gold Project

A new regional exploration program is scheduled by Osisko Mining on its 100% owned Urban-Barry gold project situated in the Abitibi greenstone belt, Eeyou Istchee James Bay, Québec.

Maps showing grab sample locations for the new showing and full analytical results. Image Credit: Osisko Mining

The regional exploration program will commence in early 2023 and will concentrate mainly on areas beyond the Windfall gold deposit in the Urban-Barry volcanic belt. The program will begin with 10,000 m of drilling and induced polarization (IP) geophysical surveys.

Near deposit exploration targets comprise a highly prospective exploration area detected in the hanging wall of the Bank Fault, 1.5 km east-northeast of the Windfall deposit Lynx Zone.

The program will include new activities on formerly identified showings (including Golden Bear and Fox) and new showings and structures parallel to the main Windfall deposit.

Exploration targets comprise a newly discovered showing situated 42 km west-northwest of Windfall. Surface grab sample outcomes from two outcrops 120 m away from each other include 90.3 g/ton Au, 1.98 g/ton Au, and 1.21 g/ton Au. A follow-up prospecting program is ongoing, and the new showing will be one of the areas explored by IP surveys in the upcoming program.

We are quite excited about resuming regional programs on our extensive 2,400 square-kilometer land package. Windfall is the type-deposit for this district and we are confident that others can be found in the belt. We have had very good exploration success over the past 6 years testing exploration ideas within the 5 km² Windfall mineralized system, discovering Lynx, Lynx 4, Triple 8, Triple Lynx, and the recent down plunge extensions of Lynx.

John Burzynski, Chief Executive Officer, Osisko Mining

“We will now be bringing everything we’ve learned from the extensive work defining Windfall to areas surrounding the deposit, and to farther afield areas in similar geological contexts to try and find the next Windfall,” John Burzynski added.

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