Osisko Exploration (OSK-V) continues to intersect significant gold at shallow depth at its Barry gold project 180 km southwest of Chibougamou, Quebec.
Drill results from 13 holes totaling about 425 metres resulted in intersections grading as high as 5.6 grams gold per tonne over 7.9 metres beginning at a down-hole depth of 10 metres.
This and eight other holes were drilled in the up-dip, northwestern extension of the Main zone. Four holes intersected mineralization beginning at 0-3 metres depth that graded 2.15-2.4 grams gold over 5-11.9 metres. Two other holes intersected 3.1-3.36 grams gold over widths of 1.4-6.9 metres and at downhole depths of 12-15.9 metres.
The hole drilled furthest to the east in this area failed to intersect significant mineralization. Assays are still pending from one hole that was drilled about 25 metres east of the hole that yielded the highest grade.
Five holes tested the zone along strike to the southwest. The best intercept in this area graded 3.57 grams gold over 5.6 metres. Other intersections graded from 1.02-2.82 grams gold over 6-7.2 metres beginning at down-hole depths of 6.7-25.7 metres.
The 25 to 80-metre-wide quartz-pyrite-gold stockwork zone has been defined to a vertical depth of about 25 metres over a 250-metre strike. The holes in this area are at about 12-metre spacing. In-fill drilling is focusing on the next 200 metres along strike to the southwest and on delineation of the limit of the northwestern extension.
Osisko has an option to earn up to 65% in the five claims that comprise the 80-hectare Barry property. Four of the claims are owned by Murgor Resources (MUG-V), and one is held 50% by Murgor and 50% by Freewest Resources Canada (FWR-V). There is also a 2% net smelter royalty due to the original vendors of the property.
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