Osisko Mining
Osisko Mining focuses on acquiring, exploring, and developing gold resource properties in Canada, with significant interests in the Windfall, Urban Barry, and Quevillon projects in Québec.
Company Overview
Osisko Mining is dedicated to the acquisition, exploration, and development of gold resource properties within Canada. The company's primary focus is on high-grade gold deposits with significant exploration potential.
Windfall Project Details
Osisko Mining holds a 50% interest in the Windfall gold deposit situated between Val-d’Or and Chibougamou in Québec. The Windfall property features 286 individual claims, expanding over 12,523 hectares within the Abitibi greenstone belt in Eeyou Istchee James Bay. As of the 2022 feasibility study, the Windfall project boasts an after-tax NPV of C$ 1.2 billion and an IRR of 34%, with a measured and indicated mineral resource estimate totaling 4.1 million ounces of gold and a probable mineral reserves estimate of 3.2 million ounces of gold.
Urban Barry and Quevillon Properties
Osisko Mining holds a 50% stake in claims covering over 3,300 square kilometers in the Urban Barry and Quevillon areas. The Urban Barry property consists of 1,372 map-designated claims over about 741 km² and is part of the Urban Barry greenstone belt. The Quevillon property, boasting 2,815 individual claims, spans approximately 150,163 hectares and includes the Osborne-Bell Gold Deposit and other gold showings, with an inferred mineral resource estimate of 510,000 ounces of gold.
Exploration and Drilling
Osisko Mining is actively engaged in extensive exploration and drilling activities. The Windfall project alone has reached a significant milestone with 1,805,361 meters drilled. Notably, the project includes the longest drill hole in Canada at 3,467 meters.
Corporate Governance and Sustainability
Osisko Mining adheres to corporate governance practices established by the Canadian Securities Administrators. These include compliance with National Policy 58-201 and National Instrument 58-101. The company also places a strong emphasis on sustainability, maintaining policies that address health and safety, human resources, environmental responsibility, responsible procurement, and community relations.