First Cobalt announces that it will acquire the company US Cobalt, further enhancing First Cobalt’s...
Osisko to re-evaluate gold resource in Quebec
Osisko Mining announces that it has commenced drilling with two drill rigs on its 100% owned Osborne-Bell gold deposit located in the Abitibi greenstone belt, Quévillon Township, Eeyou Istchee James Bay Region, Québec. Located 17 kilometres northwest of the town of Lebel-sur-Quévillon and 112 kilometres west of the Windfall Lake gold deposit, Osborne-Bell is part of Osisko's Quévillon Project, which consists of a 2160 square kilometer land package hosting approximately thirty known gold showings.
The 50,000 metre drill program will re-evaluate the historical Osborne-Bell resource, and test regional exploration targets on the Quévillon Project. The Osborne-Bell deposit has seen significant historical drilling, which Osisko intends to re-log as part of the ongoing program.
The Company is also currently completing a 27,000 kilometre high-definition magnetic survey and 5,400 kilometre V-TEM airborne survey over the Quévillon Project.