Resource World Magazine

Resource World - August-Sept 2017 - Vol 15 Issue 5

Issue link: http://resourceworld.uberflip.com/i/855838

Contents of this Issue

Navigation

Page 17 of 79

18 www.resourceworld.com A U G U S T / S E P T E M B E R 2 0 1 7 Northern Superior Resources Inc. [SUP-TSXV] has defined an inferred gold resource on the Croteau East property in the Chapais-Chibougamau camp totaling 640,000 ounces of gold. The company also holds the Lac Surprise gold property in the same camp and Wapistan in the James Bay Lowlands. Nouveau Monde Graphite Inc. [NOU- TSXV; NMGRF-OTCQB; NM9-FSE] plans to build a demonstration plant in Saint- Michel-des-Saintsc. The plant will have a capacity to produce 1,000 tonnes of natu- ral graphite concentrate per year using mineralization from Nouveau Monde's West Zone deposit, part of its Matawinie graphite property. The plant is expected to be operational in the first half of 2018 pending permits and financing. Osisko Metals Inc. [OM-TSXV], is cre- ating value in the Canadian zinc space. In 2017, 42,000 hectares within Québec were acquired, covering 12 grass-root zinc prop- erties that will be selectively advanced. In parallel, several zinc-oriented peers are being monitored for other opportunities. Osisko Gold Royalties Ltd. is a significant shareholder of the company. See New Brunswick projects page 61. Osisko Mining Inc. [OSK-TSX; OBNNF-OTC] reported results from drill- ing its 100%-owned Windfall Lake gold project in Urban Township. The 400,000- metre program combines definition drilling above the Red Dog intrusion, expansion drilling above and below Red Dog, expan- sion drilling to the northeast of the main deposit, and exploration drilling on the greater deposit and Urban-Barry project area. Significant new assay results from 15 intercepts in 11 drill holes focused on infill and expansion drilling in the high-grade Lynx discovery and the main Windfall deposit. Highlights include: 12.5 g/t gold over 8.5 metres in DDH OSK-OBM-16-667 in the Underdog corridor, and 12.4 g/t over 5.0 metres in DDH OSK-W-17-805 in Lynx 2 and 15.9 g/t over 3.0 metres in DDH OSK-EAG-13-504 in a new extension of the Wolf Zone in the Caribou corridor. Osisko Gold Royalties Inc. [OR-TSX, NYSE; OKSKF-OTC] is an intermediate pre-

Articles in this issue

Links on this page

Archives of this issue

view archives of Resource World Magazine - Resource World - August-Sept 2017 - Vol 15 Issue 5