Osisko Development Intersects 10.85 g/t Au over 14.25 meters and other High-Grade Samples of 91.6 g/t Au, 90.7 g/t Au, 126.5 g/t Au, 120.0 g/t Au, 94.1 g/t Au, 201.0 g/t Au, 278.0 g/t Au and 113.0 g/t Au at Valley
MONTREAL, April 13, 2022 - Osisko Development Corp. (“Osisko Development” or the “Company”) (TSX.V-ODV) is pleased to announce drilling results from the 2021 exploration and category conversion drill campaign at its Cariboo Gold Project (“Cariboo”) in central British Columbia.
Summary
- A total of 47,500 meters were drilled in 109 holes in the Valley Deposit in 2021.
- This news release includes assay results from holes CM-21-061-1 to CM-21-093 (Figures 1 and 2).
- Visible gold was observed in many holes including assays of 91.60 g/t Au over 0.60 meter in hole CM-21-063, 126.50 g/t Au over 0.50 meter in CM-21-068, 120.00 g/t Au over 0.50 meter and 94.10 g/t Au over 0.65 meter in CM-21-084, 201.00 g/t Au over 0.50 meter CM-21-086 and 278.00 g/t Au over 0.50 meter in CM-21-088 (Figure 3).
- CM-21-078 intersected a vein corridor that assayed 10.85 g/t Au over 14.25 meters and included higher grade samples of 23.20 g/t Au over 0.70 meter, 32.10 g/t Au over 0.80 meter, 23.90 g/t Au over 0.50 meter, 25.70 g/t Au over 0.50 meter, 23.40 g/t Au over 0.50 meter and 22.90 g/t Au over 0.50 meter.
- Detailed drilling results and a drill hole location plan map are presented at the end of this release.
Assay Highlights
- 7.51 g/t Au over 11.65 meters in hole CM-21-061-1
- 29.08 g/t Au over 0.60 meter in hole CM-21-061-1
- 91.60 g/t Au over 0.60 meter in hole CM-21-063
- 42.62 g/t Au over 1.60 meters in hole CM-21-064
- 8.44 g/t Au over 5.20 meters in hole CM-21-064
- 90.70 g/t Au over 0.50 meter in hole CM-21-066
- 13.03 g/t Au over 8.20 meters in hole CM-21-067
- 126.50 g/t Au over 0.50 meter in hole CM-21-068
- 4.57 g/t Au over 13.55 meters in hole CM-21-069 including
- 60.20 g/t Au over 0.75 meter
- 8.11 g/t Au over 6.25 meters in hole CM-21-070
- 3.89 g/t Au over 16.90 meters in hole CM-21-071
- 5.85 g/t Au over 7.55 meters in hole CM-21-076
- 10.85 g/t Au over 14.25 meters in hole CM-21-078
- 75.80 g/t Au over 1.15 meters in hole CM-21-084 including
- 120.00 g/t Au over 0.50 meter
- 14.01 g/t Au over 4.80 meters in hole CM-21-084 including
- 94.10 g/t Au over 0.65 meter
- 15.74 g/t Au over 3.80 meters in hole CM-21-085
- 19.73 g/t Au over 2.50 meters in hole CM-21-086
- 201.00 g/t Au over 0.50 meter in hole CM-21-086
- 4.98 g/t Au over 8.10 meters in hole CM-21-087
- 12.40 g/t Au over 4.15 meters in hole CM-21-087 including
- 85.00 g/t Au over 0.50 meter
- 100.87 g/t Au over 1.50 meters in hole CM-21-088 including
- 278.00 g/t Au over 0.50 meter
- 113.00 g/t Au over 0.50 meter in hole CM-21-089
- 6.78 g/t Au over 8.00 meters in hole CM-21-089
- 8.44 g/t Au over 4.90 meters in hole CM-21-091
- 5.89 g/t Au over 8.70 meters in hole CM-21-092
- 27.47 g/t Au over 1.90 meters in hole CM-21-093 including
- 46.30 g/t Au over 0.90 meter
- 10.57 g/t Au over 5.35 meters in hole CM-21-093
- 18.72 g/t Au over 2.60 meters in hole CM-21-093
- 80.80 g/t Au over 0.60 meter in hole CM-21-093
- 14.89 g/t Au over 8.60 meters in hole CM-21-093
Maggie Layman, Vice President of Exploration for Osisko Development commented, “The 2021 category conversion and exploration program at the Valley Deposit was successful in delineating and expanding known vein corridors with high grade gold samples to support our feasibility study and ongoing mine planning, increasing confidence in the project and generating further interest for exploration within the main area and beyond.”
Vein corridors are defined as high-density networks of mineralized quartz veins within the axis of the deposit’s last folding event. These mineralized structures are predominantly hosted within a brittle meta-sandstone or calcareous meta-sandstone. Vein corridors are modelled at a minimum thickness of 2.00 meters and average about 4.50 meters true width. Individual mineralized veins within these corridors have widths varying from centimeters to several meters and strike lengths from a few meters to over 50 meters. These corridors have been defined from surface to a vertical depth averaging 300 meters and remain open for expansion at depth and along strike. Gold grades are intimately associated with quartz vein-hosted pyrite as well as pyritic, intensely silicified wall rock vein selvages.
True widths are estimated to be 60% to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays. Complete assay highlights are presented in Table 1, drill hole locations are listed in Table 2.
Figure 1: Cariboo deposit areas overview map
Figure 2: Valley Zone select drilling highlights
Figure 3: Cross Section of CM-21-088
Qualified Persons
Per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Maggie Layman, P.Geo. Vice President Exploration of Osisko Development Corp., is a Qualified Person and has prepared, validated, and approved the technical and scientific content of this news release.
Quality Assurance – Quality Control
Once received from the drill and processed, all drill core samples are sawn in half, labelled and bagged. The remaining drill core is subsequently stored on site at a secured facility in Wells, BC. Numbered security tags are applied to lab shipments for chain of custody requirements. Quality control (“QC”) samples are inserted at regular intervals in the sample stream, including blanks and reference materials with all sample shipments to monitor laboratory performance. The QAQC program was designed and approved by Lynda Bloom, P.Geo. of Analytical Solutions Ltd.
Drill core samples are submitted to ALS Geochemistry’s analytical facility in North Vancouver, British Columbia for preparation and analysis. The ALS facility is accredited to the ISO/IEC 17025 standard for gold assays and all analytical methods include quality control materials at set frequencies with established data acceptance criteria. The entire sample is crushed, and 250 grams is pulverized. Analysis for gold is by 50g fire assay fusion with atomic absorption (“AAS”) finish with a lower limit of 0.01 ppm and upper limit of 100 ppm. Samples with gold assays greater than 100 ppm are re-analyzed using a 1,000g screen metallic fire assay. A selected number of samples are also analyzed using a 48 multi-elemental geochemical package by a 4-acid digestion, followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (“ICP-AES”) and Inductively Coupled Plasma Mass Spectroscopy (“ICP-MS”).
About Osisko Development Corp.
Osisko Development Corp. is uniquely positioned as a premier gold development company in North America to advance the Cariboo Gold Project and other Canadian and Mexican properties, with the objective of becoming the next mid-tier gold producer. The Cariboo Gold Project, located in central British Columbia, is Osisko Development's flagship asset with measured and indicated resources of 21.44 Mt at 4.6 Au g/t for a total of 3.2 million ounces of gold and inferred resource of 21.69 Mt at 3.9 Au g/t for a total of 2.7 million ounces of gold (see NI 43-101 Technical Report and mineral resource estimate effective October 5th, 2020). The considerable exploration potential at depth and along strike distinguishes the Cariboo Gold Project relative to other development assets as does the historically low, all-in discovery costs of US $19 per ounce. The Cariboo Gold Project is advancing through permitting as a 4,750 tonnes per day underground operation with a feasibility study on track for completion in the first half of 2022. Osisko Development's project pipeline is complemented by potential near-term production targeted from the San Antonio gold project, located in Sonora Mexico. Osisko Development began trading on the TSX Venture Exchange under the symbol “ODV” on December 2, 2020 and 14,789,373 of the Company’s 24,315,223 outstanding share purchase warrants were listed on the TSX Venture Exchange under the symbol “ODV.WT” on October 25, 2021.
For further information, please contact Osisko Development Corp.:
Jean Francois Lemonde
VP Investor Relations
Tel: 514-299-4926
In Europe:
Swiss Resource Capital AG
Jochen Staiger
Forward-looking Statements
Certain statements contained in this press release may be deemed “forward‐looking statements” within the meaning of applicable Canadian and U.S. securities laws. These forward‐looking statements, by their nature, require Osisko Development to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward‐looking statements. Forward‐looking statements are not guarantees of performance. Words such as “may”, “will”, “would”, “could”, “expect”, “believe”, “plan”, “anticipate”, “intend”, “estimate”, “continue”, or the negative or comparable terminology, as well as terms usually used in the future and the conditional, are intended to identify forward‐looking statements. Information contained in forward‐looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including management’s perceptions of historical trends, current conditions and expected future developments, results of further exploration work to define and expand mineral resources, expected conclusions of optimization studies, that vein corridors continue to be defined as a high-density network of mineralized quartz within the axis of the last folding event and hosted within the sandstones and that the deposit remains open for expansion at depth and down plunge, as well as other considerations that are believed to be appropriate in the circumstances. Osisko Development considers its assumptions to be reasonable based on information currently available, but cautions the reader that their assumptions regarding future events, many of which are beyond the control of Osisko Development, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect Osisko Development and its business. Such risks and uncertainties include, among others, risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management’s geological modelling; the ability of to complete further exploration activities, including drilling; property and stream interests in the San Antonio gold project; the ability of the Corporation to obtain required approvals; the results of exploration activities; risks relating to exploration, development and mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions and the responses of relevant governments to the COVID-19 outbreak and the effectiveness of such responses.
For additional information with respect to these and other factors and assumptions underlying the forward‐ looking statements made in this news release concerning Osisko Development, see the Filing Statement available electronically on SEDAR (www.sedar.com) under Osisko Development's issuer profile. The forward‐looking statements set forth herein concerning Osisko Development reflect management's expectations as at the date of this news release and are subject to change after such date. Osisko Development disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Table 1: Cariboo Gold Project 2021 Length Weighted Drill Hole Gold Composites
HOLE ID
FROM (M)
TO (M)
LENGTH (M)
AU (G/T)
CM-21-061-1
162.00
162.50
0.50
21.60
171.00
182.65
11.65
7.51
Including
174.30
174.90
0.60
27.60
and
174.90
175.60
0.70
23.80
and
180.10
180.70
0.60
25.50
and
181.50
182.65
1.15
24.30
192.20
192.80
0.60
29.80
209.00
218.75
9.75
3.03
Including
209.00
209.50
0.50
9.64
and
209.50
210.00
0.50
12.55
and
213.20
213.80
0.60
17.00
and
218.25
218.75
0.50
10.85
282.90
286.20
3.30
7.99
Including
285.20
286.20
1.00
24.30
312.80
313.30
0.50
3.04
315.00
316.20
1.20
7.41
CM-21-062
82.75
83.35
0.60
31.40
90.90
92.10
1.20
3.94
CM-21-063
73.70
74.30
0.60
91.60
84.70
85.30
0.60
26.30
127.75
128.60
0.85
3.08
185.30
187.00
1.70
3.66
195.40
196.60
1.20
8.16
Including
195.40
195.90
0.50
14.60
258.50
259.00
0.50
7.62
308.00
309.00
1.00
9.83
317.45
318.00
0.55
10.75
344.20
344.70
0.50
6.86
CM-21-064
87.60
88.15
0.55
5.51
91.00
92.45
1.45
3.79
Including
91.95
92.45
0.50
6.00
101.50
102.00
0.50
8.14
124.75
126.00
1.25
3.48
Including
125.35
126.00
0.65
5.33
135.50
136.00
0.50
6.02
169.70
171.30
1.60
42.62
Including
170.50
171.30
0.80
82.20
374.65
375.95
1.30
6.85
437.70
438.60
0.90
3.81
443.00
448.20
5.20
8.44
Including
443.00
443.50
0.50
10.55
and
447.20
447.70
0.50
8.48
and
447.70
448.20
0.50
24.60
CM-21-065
81.85
82.60
0.75
26.50
153.00
155.05
2.05
9.83
Including
153.00
153.55
0.55
22.90
261.65
263.00
1.35
5.23
273.50
274.20
0.70
5.34
316.85
317.35
0.50
9.20
320.05
320.55
0.50
6.74
357.25
357.80
0.55
7.46
CM-21-066
130.50
131.30
0.80
4.20
294.50
295.00
0.50
90.70
368.85
369.75
0.90
3.28
371.55
372.10
0.55
4.34
385.10
388.00
2.90
4.15
Including
385.10
386.50
1.40
6.34
CM-21-067
79.10
79.60
0.50
27.60
87.85
88.45
0.60
4.24
158.00
166.20
8.20
13.03
Including
159.55
160.20
0.65
36.70
and
160.80
161.50
0.70
54.80
and
162.20
162.75
0.55
20.50
and
162.75
163.30
0.55
49.20
237.00
237.65
0.65
10.25
308.85
311.25
2.40
4.77
Including
309.85
311.25
1.40
7.42
CM-21-068
149.30
149.80
0.50
4.83
164.20
164.70
0.50
15.05
170.50
171.00
0.50
126.50
196.55
197.90
1.35
4.52
258.00
258.95
0.95
24.00
315.25
318.35
3.10
3.75
Including
315.25
315.80
0.55
10.30
and
317.85
318.35
0.50
11.80
CM-21-069
175.90
176.65
0.75
3.89
179.80
180.45
0.65
23.80
206.00
206.65
0.65
8.25
265.20
278.75
13.55
4.57
Including
278.00
278.75
0.75
60.20
321.75
323.20
1.45
5.39
CM-21-070
74.00
74.50
0.50
17.55
96.70
97.20
0.50
3.87
106.45
109.60
3.15
9.71
Including
106.45
106.95
0.50
53.20
116.20
116.70
0.50
3.50
118.60
119.10
0.50
3.60
131.90
134.00
2.10
4.54
Including
132.80
133.30
0.50
7.14
and
133.30
134.00
0.70
7.07
137.20
141.00
3.80
5.07
Including
137.20
137.85
0.65
14.85
and
140.00
140.50
0.50
12.05
164.10
165.50
1.40
5.54
172.00
175.00
3.00
10.46
Including
172.00
172.50
0.50
8.39
and
174.50
175.00
0.50
52.30
350.30
350.80
0.50
27.30
365.70
366.30
0.60
4.55
490.00
496.25
6.25
8.11
Including
492.75
493.25
0.50
5.26
and
494.25
494.75
0.50
63.50
and
495.25
495.75
0.50
10.35
498.30
498.80
0.50
3.59
525.10
525.65
0.55
24.20
600.50
601.20
0.70
3.03
CM-21-071
78.30
79.00
0.70
3.21
114.00
116.00
2.00
19.85
Including
114.50
116.00
1.50
25.80
124.35
125.15
0.80
3.37
128.00
129.50
1.50
8.02
Including
128.65
129.50
0.85
13.30
132.25
135.15
2.90
10.55
Including
132.25
133.40
1.15
16.55
and
133.40
133.90
0.50
19.25
144.90
145.40
0.50
34.80
148.60
149.10
0.50
3.46
155.00
171.90
16.90
3.89
Including
155.85
156.55
0.70
8.28
and
157.90
158.70
0.80
9.87
and
161.60
162.15
0.55
13.55
and
168.60
169.20
0.60
14.85
and
171.15
171.90
0.75
15.65
304.00
304.50
0.50
3.92
CM-21-072
No significant assays
CM-21-073
85.60
86.60
1.00
3.67
Including
85.60
86.10
0.50
4.67
CM-21-074
91.00
92.50
1.50
4.64
CM-21-075
63.75
66.00
2.25
6.31
Including
63.75
64.25
0.50
13.80
and
65.40
66.00
0.60
11.80
82.30
83.00
0.70
4.03
113.50
116.50
3.00
7.30
Including
113.50
114.10
0.60
29.90
158.25
158.75
0.50
5.65
166.75
172.10
5.35
3.67
Including
166.75
167.35
0.60
9.89
and
168.05
168.55
0.50
6.42
and
171.50
172.10
0.60
17.15
216.50
217.15
0.65
21.50
CM-21-076
97.90
98.40
0.50
40.50
104.20
111.75
7.55
5.85
Including
108.00
108.55
0.55
30.20
and
111.25
111.75
0.50
33.00
132.40
135.55
3.15
8.59
Including
134.60
135.55
0.95
20.90
CM-21-077
77.50
78.00
0.50
19.80
92.00
92.50
0.50
3.26
100.80
101.30
0.50
4.36
112.30
115.95
3.65
2.86
Including
112.90
113.40
0.50
7.68
117.80
118.30
0.50
5.47
385.70
386.60
0.90
5.69
391.35
392.85
1.50
4.53
398.60
399.80
1.20
20.00
413.80
414.55
0.75
7.67
439.60
443.50
3.90
2.79
Including
439.60
440.40
0.80
6.77
463.70
464.20
0.50
8.00
468.00
468.50
0.50
3.27
474.90
475.50
0.60
5.46
515.35
515.85
0.50
7.37
525.30
525.80
0.50
8.20
527.70
528.30
0.60
3.46
579.85
580.60
0.75
3.01
586.10
586.60
0.50
4.44
CM-21-078
92.60
95.50
2.90
3.72
Including
92.60
93.10
0.50
14.60
127.75
128.45
0.70
4.53
132.50
141.60
9.10
3.66
Including
134.50
135.20
0.70
8.01
and
138.00
138.50
0.50
16.05
145.50
150.50
5.00
6.89
Including
147.50
148.00
0.50
6.86
and
149.00
149.50
0.50
32.30
and
150.00
150.50
0.50
22.60
156.70
162.60
5.90
2.14
Including
156.70
157.20
0.50
8.74
and
161.00
161.55
0.55
5.64
164.10
166.60
2.50
6.60
Including
164.10
164.60
0.50
25.20
168.90
175.00
6.10
4.96
Including
171.50
172.00
0.50
15.50
and
174.00
174.50
0.50
26.00
341.40
342.00
0.60
4.21
352.50
353.00
0.50
7.26
486.70
487.30
0.60
12.85
507.25
521.50
14.25
10.85
Including
510.00
510.70
0.70
23.20
and
511.20
512.00
0.80
32.10
and
512.00
512.50
0.50
23.90
and
513.00
513.50
0.50
25.70
and
514.00
514.50
0.50
23.40
and
515.00
515.50
0.50
22.90
586.50
587.60
1.10
9.18
Including
587.05
587.60
0.55
15.25
653.55
654.05
0.50
3.76
CM-21-079
184.30
185.00
0.70
4.23
320.85
321.75
0.90
5.97
CM-21-080
No significant assays
CM-21-081
153.00
154.50
1.50
6.00
324.00
327.80
3.80
6.23
Including
327.30
327.80
0.50
36.30
387.05
390.05
3.00
3.85
Including
387.55
388.15
0.60
8.52
395.20
396.20
1.00
13.20
408.65
410.00
1.35
6.64
508.90
509.40
0.50
9.07
513.00
514.00
1.00
3.55
518.10
518.60
0.50
12.30
522.70
524.00
1.30
13.44
529.85
530.80
0.95
7.03
CM-21-082
60.60
61.15
0.55
7.48
85.20
86.00
0.80
4.86
116.00
116.50
0.50
3.82
139.15
139.65
0.50
13.45
149.55
150.10
0.55
7.17
CM-21-083
89.85
90.50
0.65
9.57
99.35
103.10
3.75
4.68
102.60
103.10
0.50
18.90
119.65
120.20
0.55
20.70
154.50
155.00
0.50
19.25
161.20
161.90
0.70
10.20
171.85
172.35
0.50
7.23
CM-21-084
123.85
124.80
0.95
10.95
171.15
172.30
1.15
75.80
Including
171.15
171.65
0.50
120.00
195.50
196.00
0.50
9.80
204.50
205.55
1.05
7.99
265.00
266.30
1.30
9.69
273.40
274.40
1.00
4.32
279.00
280.00
1.00
10.95
296.00
296.50
0.50
18.85
301.80
303.00
1.20
25.60
314.25
315.20
0.95
5.88
323.20
328.00
4.80
14.01
Including
325.80
326.45
0.65
94.10
337.35
337.85
0.50
6.66
450.40
451.00
0.60
4.68
455.15
456.85
1.70
4.03
462.00
464.50
2.50
15.12
504.50
505.00
0.50
3.59
547.00
547.50
0.50
3.46
CM-21-085
227.00
230.80
3.80
15.74
Including
228.00
228.50
0.50
53.60
and
230.30
230.80
0.50
21.50
CM-21-086
74.50
75.00
0.50
4.35
100.70
101.20
0.50
4.40
104.90
105.40
0.50
5.94
137.50
140.00
2.50
19.73
Including
137.50
138.00
0.50
63.60
and
138.00
138.50
0.50
28.00
149.90
150.40
0.50
6.30
177.50
179.00
1.50
8.35
191.50
192.00
0.50
3.29
314.00
314.85
0.85
3.52
317.80
318.35
0.55
4.34
448.75
449.50
0.75
3.24
464.50
466.30
1.80
4.51
Including
464.50
465.00
0.50
9.41
496.50
497.00
0.50
6.67
500.65
503.90
3.25
33.52
Including
501.15
501.65
0.50
201.00
and
503.40
503.90
0.50
15.30
520.45
521.05
0.60
17.75
532.15
532.65
0.50
5.07
607.20
607.70
0.50
6.60
CM-21-087
67.95
68.50
0.55
11.20
82.00
83.00
1.00
3.59
108.95
117.05
8.10
4.98
Including
110.55
111.05
0.50
11.45
and
114.50
115.05
0.55
34.60
and
116.55
117.05
0.50
15.40
304.10
308.25
4.15
12.40
Including
306.75
307.25
0.50
85.00
and
307.75
308.25
0.50
12.55
CM-21-088
67.00
68.00
1.00
4.02
109.50
114.50
5.00
4.07
Including
114.00
114.50
0.50
24.50
130.80
131.30
0.50
6.28
134.00
134.50
0.50
8.32
139.50
145.00
5.50
3.13
Including
139.50
140.00
0.50
8.48
and
141.40
141.90
0.50
7.30
and
143.90
144.50
0.60
8.83
149.50
150.00
0.50
3.61
169.00
169.55
0.55
6.19
173.40
181.00
7.60
3.64
Including
173.40
174.00
0.60
17.90
and
178.00
178.50
0.50
11.70
and
180.40
181.00
0.60
7.70
303.20
303.80
0.60
5.63
332.20
332.80
0.60
31.50
360.80
362.30
1.50
100.87
Including
360.80
361.30
0.50
24.60
and
361.80
362.30
0.50
278.00
368.50
369.00
0.50
3.16
521.05
521.65
0.60
3.78
526.50
529.10
2.60
3.48
Including
526.50
527.00
0.50
13.30
CM-21-089
64.65
65.30
0.65
3.05
74.70
75.30
0.60
5.25
79.10
80.21
1.11
5.38
Including
79.70
80.21
0.51
8.50
90.00
92.80
2.80
4.05
Including
92.30
92.80
0.50
13.20
96.50
98.25
1.75
6.58
Including
96.50
97.00
0.50
17.60
110.50
111.00
0.50
5.68
115.50
118.50
3.00
4.71
132.30
132.80
0.50
113.00
137.20
139.30
2.10
12.28
Including
138.80
139.30
0.50
49.30
146.00
150.10
4.10
7.20
Including
147.50
148.00
0.50
26.40
and
148.55
149.05
0.50
15.50
165.00
165.50
0.50
20.50
172.80
178.90
6.10
5.12
Including
173.30
173.80
0.50
16.50
and
177.30
177.80
0.50
14.35
182.50
183.00
0.50
6.03
187.25
187.85
0.60
27.10
199.05
200.00
0.95
3.34
272.35
272.85
0.50
3.40
298.40
299.20
0.80
5.74
369.60
370.10
0.50
3.97
479.00
487.00
8.00
6.78
Including
479.00
479.50
0.50
7.38
and
480.00
481.00
1.00
20.70
and
484.75
485.90
1.15
19.85
523.10
523.90
0.80
6.13
561.85
563.75
1.90
12.13
Including
563.25
563.75
0.50
18.40
CM-21-090
141.10
145.15
4.05
6.41
Including
141.10
141.80
0.70
9.15
and
144.15
144.65
0.50
30.80
177.50
178.45
0.95
3.34
220.40
220.90
0.50
8.81
290.40
291.10
0.70
3.20
408.00
409.50
1.50
13.34
Including
408.00
409.00
1.00
15.20
428.00
428.80
0.80
3.83
CM-21-091
194.30
195.55
1.25
4.73
199.40
200.70
1.30
3.25
218.40
223.30
4.90
8.44
Including
218.40
219.30
0.90
17.60
and
222.45
223.30
0.85
28.00
310.20
311.25
1.05
4.40
CM-21-092
120.10
120.80
0.70
5.01
151.80
152.40
0.60
4.42
156.60
158.00
1.40
14.35
Including
156.60
157.10
0.50
36.90
199.60
200.30
0.70
8.56
294.00
296.00
2.00
5.36
Including
295.50
296.00
0.50
15.05
303.00
311.70
8.70
5.89
Including
304.00
304.50
0.50
12.50
and
304.50
305.20
0.70
12.45
and
310.50
311.00
0.50
21.80
and
311.00
311.70
0.70
24.10
330.60
331.10
0.50
3.14
340.00
340.80
0.80
7.95
407.70
408.40
0.70
3.31
412.60
414.35
1.75
7.49
Including
413.85
414.35
0.50
17.65
561.25
561.75
0.50
13.90
569.00
569.50
0.50
11.45
595.70
599.55
3.85
4.55
Including
597.50
598.00
0.50
26.30
CM-21-093
83.10
86.00
2.90
6.24
Including
85.50
86.00
0.50
30.00
103.10
105.00
1.90
27.47
Including
103.60
104.10
0.50
19.65
and
104.10
105.00
0.90
46.30
107.70
113.05
5.35
10.57
Including
107.70
108.20
0.50
8.52
and
108.70
109.20
0.50
21.60
and
112.05
112.55
0.50
77.10
119.50
123.35
3.85
7.54
Including
119.50
120.00
0.50
32.90
and
122.35
122.85
0.50
23.50
136.90
137.50
0.60
5.65
224.30
225.10
0.80
4.44
477.80
480.60
2.80
11.24
Including
477.80
478.35
0.55
14.25
and
480.00
480.60
0.60
39.00
484.00
486.60
2.60
18.72
Including
484.00
484.50
0.50
25.40
and
485.80
486.60
0.80
44.60
499.25
499.85
0.60
80.80
528.50
529.00
0.50
5.70
538.15
546.75
8.60
14.89
Including
538.15
539.10
0.95
15.30
and
539.65
540.15
0.50
16.85
and
543.60
545.00
1.40
46.60
and
546.25
546.75
0.50
52.10
581.45
582.00
0.55
5.04
587.00
588.10
1.10
13.96
Including
587.00
587.50
0.50
23.00
653.35
653.90
0.55
12.90
673.50
674.00
0.50
35.50
694.00
694.50
0.50
6.28
Table 2: Drill Hole Locations and Orientations
HOLE ID
EASTING
NORTHING
ELEV
DIP
AZI
DEPTH (M)
CM-21-061-1
595293
5884086
1201
-62
119
456
CM-21-062
595367
5884067
1203
-48
308
95
CM-21-063
595296
5884080
1201
-49
138
395
CM-21-064
595470
5884155
1207
-47
302
483
CM-21-065
595469
5884156
1205
-50
302
420
CM-21-066
595564
5884069
1224
-51
315
512
CM-21-067
595295
5884085
1201
-56
135
369
CM-21-068
595295
5884085
1201
-63
135
327
CM-21-069
595295
5884085
1202
-64
135
426
CM-21-070
595470
5884155
1208
-48
310
609
CM-21-071
595470
5884159
1206
-46
310
435
CM-21-072
595564
5884069
1224
-52
322
477
CM-21-073
595439
5884066
1203
-59
341
204
CM-21-074
595439
5884066
1203
-53
316
93
CM-21-075
595467
5884157
1207
-54
305
291
CM-21-076
595445
5884117
1205
-50
320
195
CM-21-077
595445
5884116
1205
-45
309
615
CM-21-078
595469
5884159
1206
-48
317
684
CM-21-079
595295
5884085
1201
-59
145
336
CM-21-080
595294
5884085
1201
-65
145
107
CM-21-081
595444
5884116
1205
-46
304
582
CM-21-082
595296
5884080
1201
-50
155
180
CM-21-083
595296
5884080
1201
-56
155
192
CM-21-084
595317
5884080
1201
-45
312
600
CM-21-085
595315
5884080
1201
-52
298
312
CM-21-086
595444
5884115
1205
-46
294
759
CM-21-087
595445
5884116
1205
-52
290
378
CM-21-088
595470
5884159
1206
-48
315
603
CM-21-089
595470
5884159
1206
-50
320
609
CM-21-090
595315
5884080
1201
-45
292
465
CM-21-091
595316
5884080
1201
-55
300
330
CM-21-092
595375
5884148
1203
-46
303
621
CM-21-093
595482
5884198
1207
-45
306
741