OSISKO EXTENTION AND INFILL DRILLING INTERSECTS HIGH GRADE AT LYNX AND TRIPLE LYNX

Posted on March 9, 2020November 8, 2023 by Yannick Fradette

948 g/t Au Over 2.4 Metres

360 g/t Au over 2.1 Metres

(Toronto, March 9, 2020) Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide new drilling results from the ongoing definition and expansion drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.

The program is currently focused on the Lynx deposit, exploration on the main mineralized zones, and deep exploration in the central areas of the mineralized intrusive system. Nineteen drills are active at Lynx and Triple Lynx.

Osisko President and Chief Executive Officer John Burzynski commented: “This first major set of new drill results following, and not included in, last month’s mineral resource estimate update continues to show high-grade results from Lynx in both infill and expansion holes. The drilling demonstrates very good potential for further growth of scale and grade at Lynx. While the focus of the drill program is on resource definition, the exploration team is excited about targeting several key areas of the Lynx deposit for growth potential, in particular a down-plunge projection where we believe Lynx Extension and Triple Lynx zones may intersect.”

The first results table below lists expansion intercepts located outside the February 2020 mineral resource estimate wireframes (see Osisko news release dated February 19, 2020). The second table shows infill intercepts designed for resource definition. Significant new analytical results from 173 intercepts in 57 drill holes, 31 wedges, and 3 extensions of previously completed holes are presented below.

Selected high-grade intercepts from new results include: 948 g/t Au over 2.4 metres in OSK-19-2226; 360 g/t Au over 2.1 metres in OSK-W-19-2164; 72.0 g/t Au over 5.1 metres in OSK-W-19-2197-W1; 139 g/t Au over 2.0 metres in OSK-W-20-1104-W7; 71.2 g/t Au over 3.4 metres in OSK-W-19-1731-W4; 113 g/t Au over 2.0 metres in WST-19-0266; 19.0 g/t Au over 11.2 metres in OSK-W-19-2100-W5; 58.4 g/t Au over 3.2 metres in OSK-W-19-2123-W3; 92.6 g/t Au over 2.0 metres in OSK-W-19-991-W9; 51.0 g/t Au over 3.2 metres in WST-19-0198 and 41.1 g/t Au over 3.5 metres in OSK-W-19-991-W10. Maps showing hole locations and full analytical results are available at www.osiskomining.com.

Expansion Drilling

Hole No.	From (m)	To (m)	Interval (m)	Au (g/t) uncut	Au (g/t) cut to 100 g/t	Zone	Corridor
OSK-W-19-991-W10	1505.5	1509.0	3.5	41.1	34.2	Lynx 4	Lynx
OSK-W-19-1104-W5	810.0	812.0	2.0	10.7		Lynx	Lynx
including	811.6	812.0	0.4	31.0		Lynx	Lynx
	838.7	840.8	2.1	9.80		Lynx 4	Lynx
OSK-W-19-1104-W6	755.5	757.8	2.3	8.84		Lynx 4	Lynx
	822.4	824.6	2.2	9.16		Lynx 4	Lynx
OSK-W-19-1181-W12	1129.0	1133.2	4.2	5.01		Lynx 4	Lynx
including	1129.0	1130.0	1.0	10.2		Lynx 4	Lynx
OSK-W-19-1731-W4	920.1	923.5	3.4	71.2	37.1	Lynx 4	Lynx
including	921.2	921.6	0.4	361	100	Lynx 4	Lynx
OSK-W-19-1949-W3	651.0	653.0	2.0	14.0		Lynx	Lynx
including	652.3	653.0	0.7	39.5		Lynx	Lynx
OSK-W-19-2059	685.0	687.0	2.0	3.27		Lynx 4	Lynx
	795.6	798.0	2.4	15.2		Lynx 4	Lynx
including	796.1	796.9	0.8	39.3		Lynx 4	Lynx
OSK-W-19-2059-W1	588.0	590.0	2.0	3.19		Lynx 4	Lynx
	595.0	597.0	2.0	58.8	50.8	Lynx 4	Lynx
including	596.0	597.0	1.0	116	100	Lynx 4	Lynx
	822.8	824.8	2.0	7.07		Lynx 4	Lynx
including	824.1	824.4	0.3	25.7		Lynx 4	Lynx
	827.0	829.0	2.0	3.24		Lynx 4	Lynx
including	827.5	828.0	0.5	12.0		Lynx 4	Lynx
OSK-W-19-2067-W5	1134.4	1136.8	2.4	9.04		Triple Lynx	Triple Lynx
	1174.0	1176.0	2.0	3.52		Triple Lynx	Triple Lynx
OSK-W-19-2068	1000.8	1004.0	3.2	5.23		Lynx 4	Lynx
	1011.0	1013.0	2.0	6.67		Lynx 4	Lynx
OSK-W-19-2068-W2	804.2	806.9	2.7	4.54		Lynx 4	Lynx
	1021.0	1023.0	2.0	4.05		Lynx 4	Lynx
OSK-W-19-2068-W3	992.3	994.5	2.2	9.57		Lynx 4	Lynx
including	992.3	993.0	0.7	23.3		Lynx 4	Lynx
OSK-W-19-2081	161.1	164.0	2.9	11.5		Vein
including	161.1	161.5	0.4	82.1		Vein
OSK-W-19-2100-W5	907.0	911.0	4.0	7.09		Triple Lynx	Triple Lynx
	917.6	921.0	3.4	3.74		Triple Lynx	Triple Lynx
	1032.5	1035.0	2.5	3.09		Triple Lynx	Triple Lynx
OSK-W-19-2107-W2	730.4	734.1	3.7	3.95		Triple Lynx	Triple Lynx
OSK-W-19-2108-W2	1299.6	1302.0	2.4	11.2		Triple Lynx	Triple Lynx
including	1299.6	1300.1	0.5	52.9		Triple Lynx	Triple Lynx
OSK-W-19-2123-W2	1198.0	1200.0	2.0	11.5		Triple Lynx	Triple Lynx
including	1199.1	1199.4	0.3	73.4		Triple Lynx	Triple Lynx
	1265.4	1268.2	2.8	10.9		Triple Lynx	Triple Lynx
including	1267.6	1268.2	0.6	49.8		Triple Lynx	Triple Lynx
OSK-W-19-2123-W3	1081.0	1083.0	2.0	5.55		Triple Lynx	Triple Lynx
	1185.3	1187.5	2.2	4.24		Triple Lynx	Triple Lynx
OSK-W-19-2139	565.3	567.4	2.1	6.53		Triple Lynx	Lynx
OSK-W-19-2139-W3	882.0	884.1	2.1	3.38		Triple Lynx	Triple Lynx
	910.0	912.0	2.0	32.4	15.3	Triple Lynx	Triple Lynx
including	910.9	911.2	0.3	214	100	Triple Lynx	Triple Lynx
	924.0	926.0	2.0	3.72		Triple Lynx	Triple Lynx
	1005.0	1007.0	2.0	3.34		Triple Lynx	Triple Lynx
OSK-W-19-2139-W4	993.0	995.2	2.2	49.9	39.7	Triple Lynx	Triple Lynx
	993.7	994.0	0.3	175	100	Triple Lynx	Triple Lynx
OSK-W-19-2164	950.0	952.1	2.1	360	48.8	Triple Lynx	Triple Lynx
including	950.0	951.0	1.0	754	100	Triple Lynx	Triple Lynx
OSK-W-19-2164-W1	931.6	933.6	2.0	13.4		Triple Lynx	Triple Lynx
including	932.3	932.6	0.3	86.6		Triple Lynx	Triple Lynx
OSK-W-19-2197	878.0	881.0	3.0	5.11		Triple Lynx	Lynx
	904.7	906.7	2.0	12.0		Triple Lynx	Lynx
including	904.7	905.4	0.7	29.3		Triple Lynx	Lynx
OSK-W-19-2197-W1	784.5	789.6	5.1	72.0	23.6	Triple Lynx	Triple Lynx
including	789.0	789.6	0.6	511	100	Triple Lynx	Triple Lynx
	822.4	826.5	4.1	7.10		Triple Lynx	Triple Lynx
including	825.9	826.5	0.6	29.4		Triple Lynx	Triple Lynx
	845.0	847.1	2.1	5.99		Triple Lynx	Triple Lynx
OSK-W-19-2202	942.0	944.0	2.0	3.21		Triple Lynx	Triple Lynx
including	943.2	944.0	0.8	7.88		Triple Lynx	Triple Lynx
OSK-W-19-2203	71.5	73.9	2.4	55.2	18.2	Lynx	Lynx
including	72.9	73.2	0.3	396	100	Lynx	Lynx
OSK-W-19-2216	72.4	74.4	2.0	5.02		Lynx	Lynx
OSK-W-19-2217	865.4	867.5	2.1	4.61		Triple Lynx	Triple Lynx
	876.7	878.8	2.1	13.4		Triple Lynx	Triple Lynx
including	878.0	878.8	0.8	29.3		Triple Lynx	Triple Lynx
OSK-W-19-2225	144.7	148.6	3.9	18.8		Lynx	Lynx
including	144.7	145.4	0.7	76.0		Lynx	Lynx
OSK-W-19-2226	71.6	74.0	2.4	15.4		Lynx	Lynx
OSK-W-19-2227	31.7	34.0	2.3	4.24		Lynx	Lynx
	49.9	51.9	2.0	5.63		Lynx	Lynx
OSK-W-20-2100-W6	984.9	987.0	2.1	11.5		Triple Lynx	Triple Lynx
including	986.5	987.0	0.5	38.4		Triple Lynx	Triple Lynx
	1024.0	1026.3	2.3	4.10		Triple Lynx	Triple Lynx
including	1025.0	1025.4	0.4	22.6		Triple Lynx	Triple Lynx
OSK-W-20-2202-W1	860.0	862.6	2.6	3.35		Triple Lynx	Triple Lynx
	891.0	893.0	2.0	6.52		Triple Lynx	Triple Lynx
including	891.0	891.4	0.4	29.7		Triple Lynx	Triple Lynx
OSK-W-20-2239	130.0	132.0	2.0	4.43		Lynx	Lynx
including	130.7	131.4	0.7	12.5		Lynx	Lynx
OSK-W-20-2240	120.6	122.6	2.0	3.93		Lynx	Lynx
including	120.6	120.9	0.3	26.1		Lynx	Lynx
WST-19-0265B	2.0	4.3	2.3	3.02		Lynx	Lynx
	39.0	41.0	2.0	5.63		Lynx	Lynx
including	40.0	40.3	0.3	37.0		Lynx	Lynx
WST-19-0267	2.0	4.0	2.0	3.22		Lynx	Lynx
WST-19-0274	77.8	80.0	2.2	13.2		Lynx	Lynx
including	79.0	80.0	1.0	28.6		Lynx	Lynx
WST-19-0306	93.0	95.0	2.0	5.49		Lynx	Lynx
including	94.0	94.3	0.3	35.4		Lynx	Lynx
WST-19-0307	128.2	130.2	2.0	10.8		Lynx	Lynx
WST-20-0284	65.7	67.8	2.1	3.64		Lynx	Lynx
WST-20-0287	85.6	88.0	2.4	13.4	12.9	Lynx	Lynx
including	87.7	88.0	0.3	105	100	Lynx	Lynx
WST-20-0292	124.8	127.0	2.2	28.5		Lynx	Lynx
including	125.3	126.0	0.7	80.7		Lynx	Lynx
WST-20-0329	137.6	140.0	2.4	4.25		Lynx	Lynx
including	137.9	138.2	0.3	32.8		Lynx	Lynx
WST-20-0385A	128.0	130.0	2.0	19.3		Lynx	Lynx
including	128.7	129.2	0.5	75.8		Lynx	Lynx
OSK-W-17-1258	381.2	383.5	2.3	3.54		Lynx	Lynx
	401.0	403.8	2.8	3.02		Lynx	Lynx
including	403.1	403.8	0.7	12.0		Lynx	Lynx
	603.6	606.0	2.4	15.2		Lynx	Lynx
including	603.6	604.2	0.6	50.5		Lynx	Lynx
OSK-W-18-1738	472.0	474.0	2.0	6.46		Lynx	Lynx
including	473.0	473.5	0.5	25.5		Lynx	Lynx

Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below.

Infill Drilling

Hole No.	From (m)	To (m)	Interval (m)	Au (g/t) uncut	Au (g/t) cut to 100 g/t	Zone	Corridor
OSK-W-18-1604	833.0	836.7	3.7	29.1	15.1	Lynx_350	Lynx
including	834.6	834.9	0.3	272	100	Lynx_350	Lynx
OSK-W-18-1738	427.0	429.4	2.4	5.31		Lynx_323	Lynx
including	428.0	428.4	0.4	13.9		Lynx_323	Lynx
OSK-W-19-991-W9	1479.9	1481.9	2.0	92.6	56.9	Lynx_349	Lynx
including	1479.9	1480.4	0.5	243	100	Lynx_349	Lynx
OSK-W-19-1731-W2	927.7	929.8	2.1	31.8		Lynx_348	Lynx
OSK-W-19-1731-W3	533.0	536.0	3.0	5.74		Lynx_304	Lynx
including	533.0	533.5	0.5	18.7		Lynx_304	Lynx
	641.6	643.9	2.3	4.47		Lynx_321	Lynx
OSK-W-19-1731-W4	907.0	909.0	2.0	12.9		Lynx_329	Lynx
including	907.0	907.5	0.5	50.1		Lynx_329	Lynx
OSK-W-19-1949-W4	1086.7	1088.8	2.1	5.61		Lynx_330	Lynx
OSK-W-19-1963-W3	1431.0	1433.8	2.8	7.29		Lynx_345	Lynx
including	1432.7	1433.1	0.4	44.8		Lynx_345	Lynx
OSK-W-19-2059	563.0	565.0	2.0	7.20		Lynx_321	Lynx
	846.9	852.0	5.1	21.3		Lynx_327	Lynx
including	850.0	852.0	2.0	41.2		Lynx_327	Lynx
OSK-W-19-2059-W1	780.4	782.4	2.0	9.43		Lynx_333	Lynx
	867.4	869.4	2.0	50.0		Lynx_329	Lynx
	881.0	883.4	2.4	7.14		Lynx_348	Lynx
OSK-W-19-2067-W5	1077.0	1079.0	2.0	4.68		Lynx_368	Triple Lynx
	1148.0	1151.0	3.0	8.24		Lynx_370	Triple Lynx
including	1150.7	1151.0	0.3	46.8		Lynx_370	Triple Lynx
OSK-W-19-2068	481.0	483.3	2.3	9.57		Lynx_304	Lynx
including	481.5	481.9	0.4	45.2		Lynx_304	Lynx
	915.5	917.7	2.2	38.4	32.6	Lynx_348	Lynx
including	917.3	917.7	0.4	132	100	Lynx_348	Lynx
OSK-W-19-2068-W2	897.0	901.1	4.1	16.5		Lynx_329	Lynx
including	900.6	901.1	0.5	36.9		Lynx_329	Lynx
OSK-W-19-2070	909.9	914.6	4.7	4.08		Lynx_346	Lynx
OSK-W-19-2077	755.4	761.0	5.6	4.56		Lynx_363	Triple Lynx
including	755.4	756.0	0.6	14.1		Lynx_363	Triple Lynx
OSK-W-19-2100-W5	987.8	999.0	11.2	19.0	8.64	Lynx_363	Triple Lynx
including	998.6	999.0	0.4	389	100	Lynx_363	Triple Lynx
OSK-W-19-2107-W1	579.0	584.0	5.0	4.88		Lynx_331	Lynx
OSK-W-19-2123-W3	1190.5	1192.5	2.0	5.11		Lynx_370	Triple Lynx
including	1191.1	1191.7	0.6	14.6		Lynx_370	Triple Lynx
	1194.5	1196.6	2.1	4.06		Lynx_370	Triple Lynx
	1198.3	1201.5	3.2	58.4	37.7	Lynx_370	Triple Lynx
including	1198.6	1199.2	0.6	210	100	Lynx_370	Triple Lynx
OSK-W-19-2139-W4	898.7	902.0	3.3	23.3		Lynx_361	Triple Lynx
	913.0	915.0	2.0	6.87		Lynx_363	Triple Lynx
including	913.6	914.1	0.5	25.5		Lynx_363	Triple Lynx
OSK-W-19-2164	837.4	839.9	2.5	3.26		Lynx_376	Triple Lynx
OSK-W-19-2164-W1	777.0	780.4	3.4	6.35		Lynx_367	Triple Lynx
including	779.4	780.4	1.0	17.0		Lynx_367	Triple Lynx
OSK-W-19-2169	1031.8	1033.8	2.0	9.76		Lynx_330	Lynx
including	1031.8	1032.1	0.3	55.7		Lynx_330	Lynx
OSK-W-19-2201	48.8	51.0	2.2	14.1		Lynx_311	Lynx
including	49.4	50.6	1.2	25.6		Lynx_311	Lynx
OSK-W-19-2208	56.0	58.1	2.1	40.4	28.7	Lynx_318	Lynx
including	57.5	58.1	0.6	141	100	Lynx_318	Lynx
OSK-W-19-2210	97.3	99.5	2.2	11.7		Lynx_311	Lynx
including	98.0	98.5	0.5	49.6		Lynx_311	Lynx
	101.1	103.6	2.5	19.0		Lynx_311	Lynx
including	102.0	102.7	0.7	65.5		Lynx_311	Lynx
OSK-W-19-2213	103.1	105.5	2.4	18.0		Lynx_311	Lynx
including	103.4	104.3	0.9	40.5		Lynx_311	Lynx
OSK-W-19-2215	71.0	73.5	2.5	4.71		Lynx_304	Lynx
	91.7	94.7	3.0	39.7	26.8	Lynx_311	Lynx
including	91.7	92.0	0.3	115	100
and	94.2	94.7	0.5	169	100
OSK-W-19-2219	135.0	137.0	2.0	13.6		Lynx_311	Lynx
including	135.6	135.9	0.3	68.2		Lynx_311	Lynx
OSK-W-19-2225	179.2	181.2	2.0	4.57		Lynx_318	Lynx
including	179.2	179.8	0.6	15.0		Lynx_318	Lynx
OSK-W-19-2226	49.0	51.2	2.2	4.27		Lynx_311	Lynx
	55.7	58.1	2.4	948	33.8	Lynx_311	Lynx
including	55.7	56.2	0.5	377	100
and	57.8	58.1	0.3	6950	100
OSK-W-19-2230	105.5	108.0	2.5	4.18		Lynx_304	Lynx
including	106.6	107.1	0.5	20.1		Lynx_304	Lynx
	154.5	156.6	2.1	3.50		Lynx_311	Lynx
OSK-W-19-2232	92.5	94.9	2.4	3.01		Lynx_318	Lynx
OSK-W-20-1104-W7	533.0	535.0	2.0	139	21.7	Lynx_322	Lynx
including	533.0	533.3	0.3	885	100	Lynx_322	Lynx
	802.0	804.0	2.0	6.04		Lynx_347	Lynx
including	802.7	803.4	0.7	16.0		Lynx_347	Lynx
	808.1	810.1	2.0	3.52		Lynx_347	Lynx
including	808.6	808.9	0.3	16.8		Lynx_347	Lynx
OSK-W-20-1731-W5	544.0	546.0	2.0	6.86		Lynx_304	Lynx
including	544.8	545.3	0.5	26.4		Lynx_304	Lynx
OSK-W-20-2059-W2	596.0	598.5	2.5	6.05		Lynx_321	Lynx
including	597.6	598.0	0.4	25.7		Lynx_321	Lynx
OSK-W-20-2100-W6	954.0	957.0	3.0	3.55		Lynx_363	Triple Lynx
OSK-W-20-2170-W2	981.0	984.0	3.0	6.81		Lynx_363	Triple Lynx
	988.0	990.0	2.0	4.66		Lynx_363	Triple Lynx
	1011.5	1015.1	3.6	9.47		Lynx_364	Triple Lynx
including	1011.5	1012.1	0.6	29.0		Lynx_364	Triple Lynx
OSK-W-20-2238	94.1	96.2	2.1	8.26		Lynx_304	Lynx
including	94.1	94.5	0.4	41.6		Lynx_304	Lynx
	151.9	154.0	2.1	3.36		Lynx_311	Lynx
including	152.7	153.3	0.6	10.7		Lynx_311	Lynx
OSK-W-20-2240	128.6	131.0	2.4	31.2	31.1	Lynx_311	Lynx
including	129.4	129.7	0.3	101	100	Lynx_311	Lynx
OSK-W-20-2241	91.9	93.9	2.0	4.62		Lynx_304	Lynx
including	92.3	92.7	0.4	21.7		Lynx_304	Lynx
	140.2	144.0	3.8	4.29		Lynx_311	Lynx
WST-19-0154	47.0	49.1	2.1	6.85		Lynx_308	Lynx
including	48.0	48.6	0.6	18.8		Lynx_308	Lynx
WST-19-0198	69.2	72.4	3.2	51.0	31.9	Lynx_311	Lynx
including	71.8	72.4	0.6	202	100	Lynx_311	Lynx
WST-19-0213	85.4	87.6	2.2	15.6		Lynx_311	Lynx
including	85.4	86.1	0.7	44.1		Lynx_311	Lynx
	89.0	91.4	2.4	4.85		Lynx_311	Lynx
including	90.1	90.4	0.3	35.3		Lynx_311	Lynx
WST-19-0228	81.0	83.0	2.0	25.1	20.4	Lynx_308	Lynx
including	82.1	82.5	0.4	124	100	Lynx_308	Lynx
WST-19-0255	68.0	70.4	2.4	13.0		Lynx_311	Lynx
including	70.1	70.4	0.3	49.8		Lynx_311	Lynx
	76.0	78.0	2.0	6.97		Lynx_308	Lynx
WST-19-0259	70.6	76.8	6.2	9.96	9.92	Lynx_311	Lynx
including	75.0	75.5	0.5	101	100	Lynx_311	Lynx
WST-19-0265B	51.0	54.4	3.4	9.04		Lynx_304	Lynx
including	54.0	54.4	0.4	32.5		Lynx_304	Lynx
	85.0	87.0	2.0	27.3		Lynx_306	Lynx
including	85.7	86.3	0.6	90.7		Lynx_306	Lynx
WST-19-0266	8.0	10.0	2.0	3.95		Lynx_310	Lynx
	53.4	55.4	2.0	113	33.7	Lynx_304	Lynx
including	54.5	55.1	0.6	363	100	Lynx_304	Lynx
	92.8	95.0	2.2	58.5	22.9	Lynx_306	Lynx
including	93.4	93.8	0.4	296	100	Lynx_306	Lynx
WST-19-0267	33.0	35.0	2.0	6.29		Lynx_319	Lynx
including	33.6	34.1	0.5	25.0		Lynx_319	Lynx
	84.7	87.0	2.3	13.0		Lynx_306	Lynx
including	84.7	85.0	0.3	33.1		Lynx_306	Lynx
WST-19-0269	62.2	64.5	2.3	6.30		Lynx_304	Lynx
WST-19-0270	91.0	93.0	2.0	3.14		Lynx_306	Lynx
WST-19-0273A	107.0	109.2	2.2	19.4	18.6	Lynx_306	Lynx
including	107.5	107.9	0.4	105	100	Lynx_306	Lynx
WST-19-0305	89.2	91.3	2.1	44.2	38.5	Lynx_308	Lynx
including	90.5	91.3	0.8	115	100	Lynx_308	Lynx
	94.0	96.1	2.1	3.14		Lynx_310	Lynx
	115.0	117.0	2.0	27.6	19.1	Lynx_304	Lynx
including	115.7	116.0	0.3	157	100	Lynx_304	Lynx
WST-19-0306	121.8	123.8	2.0	25.9	15.6	Lynx_304	Lynx
including	122.7	123.0	0.3	169	100	Lynx_304	Lynx
	136.5	138.6	2.1	6.53		Lynx_306	Lynx
including	136.5	137.3	0.8	16.8		Lynx_306	Lynx
WST-19-0307	76.0	78.5	2.5	3.68		Lynx_311	Lynx
	133.2	135.2	2.0	47.2	38.2	Lynx_306	Lynx
including	133.9	134.5	0.6	130	100	Lynx_306	Lynx
WST-19-0324	87.5	90.0	2.5	3.36		Lynx_311	Lynx
including	88.5	89.0	0.5	15.6		Lynx_311	Lynx
WST-19-0325	123.0	125.0	2.0	9.52		Lynx_304	Lynx
including	123.0	123.8	0.8	23.7		Lynx_304	Lynx
WST-19-0327	94.3	96.5	2.2	13.9		Lynx_311	Lynx
including	94.3	95.1	0.8	37.7		Lynx_311	Lynx
WST-20-0284	50.0	52.0	2.0	5.37		Lynx_311	Lynx
WST-20-0287	51.9	54.2	2.3	31.4	28.3	Lynx_311	Lynx
including	52.3	52.9	0.6	112	100	Lynx_311	Lynx
	105.4	112.0	6.6	19.1	18.3	Lynx_319	Lynx
including	105.4	105.7	0.3	117	100
and	111.0	112.0	1.0	85.0
	140.0	142.0	2.0	13.2		Lynx_304	Lynx
including	140.8	141.2	0.4	62.5		Lynx_304	Lynx
WST-20-0288	52.2	54.2	2.0	6.62		Lynx_311	Lynx
WST-20-0290	55.0	57.3	2.3	20.3		Lynx_311	Lynx
including	56.7	57.3	0.6	76.9		Lynx_311	Lynx
	115.4	117.6	2.2	4.19		Lynx_319	Lynx
	135.6	139.3	3.7	10.7		Lynx_304	Lynx
WST-20-0291	55.5	57.5	2.0	5.11		Lynx_311	Lynx
WST-20-0292	51.5	53.7	2.2	9.31		Lynx_311	Lynx
including	51.5	52.5	1.0	18.8		Lynx_311	Lynx
WST-20-0332	92.0	94.6	2.6	14.3		Lynx_304	Lynx
including	92.0	92.3	0.3	53.3		Lynx_304	Lynx
WST-20-0375	144.4	147.2	2.8	25.9		Lynx_304	Lynx
including	145.7	146.4	0.7	81.8		Lynx_304	Lynx
WST-20-0385A	119.1	121.4	2.3	7.53		Lynx_304	Lynx
including	120.1	120.5	0.4	39.6		Lynx_304	Lynx

Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below.

Drill hole location

Hole Number	Azimuth (°)	Dip (°)	Length (m)	UTM E	UTM N	Elevation	Section
OSK-W-17-1258	126	-51	1128	452972	5435211	416	3275
OSK-W-18-1604	142	-52	909	453219	5435347	407	3575
OSK-W-18-1738	329	-69	815	453460	5434986	396	3600
OSK-W-19-991-W9	128	-58	1562	453980	5435993	401	4550
OSK-W-19-991-W10	128	-58	1686	453980	5435993	401	4550
OSK-W-19-1104-W5	142	-50	920	453383	5435455	402	3775
OSK-W-19-1104-W6	142	-50	869	453383	5435455	402	3775
OSK-W-19-1181-W12	133	-58	1371	453789	5435790	401	4275
OSK-W-19-1731-W2	139	-51	996	453383	5435518	409	3800
OSK-W-19-1731-W3	139	-51	905	453383	5435518	409	3800
OSK-W-19-1731-W4	139	-51	975	453383	5435518	409	3800
OSK-W-19-1949-W3	105	-57	1326	453440	5435479	401	3825
OSK-W-19-1949-W4	105	-57	1298	453440	5435479	401	3825
OSK-W-19-1963-W3	123	-58	1460	453761	5435816	401	4275
OSK-W-19-2059	131	-52	993	453446	5435477	400	3825
OSK-W-19-2059-W1	131	-52	1041	453446	5435477	400	3825
OSK-W-19-2067-W5	123	-53	1226	453241	5435697	416	3750
OSK-W-19-2068	116	-53	1098	453317	5435387	402	3675
OSK-W-19-2068-W2	116	-53	1046	453317	5435387	402	3675
OSK-W-19-2068-W3	116	-53	1022	453317	5435387	402	3675
OSK-W-19-2070	112	-52	990	453502	5435523	401	3900
OSK-W-19-2077	127	-57	1123	453147	5435489	418	3575
OSK-W-19-2081	152	-47	291	452838	5435047	407	3100
OSK-W-19-2100-W5	122	-47	1134	453093	5435726	419	3650
OSK-W-19-2107-W1	23	-70	1059	453426	5434778	396	3475
OSK-W-19-2107-W2	23	-70	932	453426	5434778	396	3475
OSK-W-19-2108-W2	117	-53	1578	453215	5435858	414	3825
OSK-W-19-2123-W2	126	-57	1367	453231	5435774	400	3775
OSK-W-19-2123-W3	126	-57	1284	453231	5435774	400	3775
OSK-W-19-2139	115	-52	1149	452980	5435549	420	3450
OSK-W-19-2139-W3	115	-52	1169	452980	5435549	420	3450
OSK-W-19-2139-W4	115	-52	1011	452980	5435549	420	3450
OSK-W-19-2164	130	-52	1053	452943	5435566	419	3425
OSK-W-19-2164-W1	130	-52	1098	452943	5435566	419	3425
OSK-W-19-2169	130	-50	1268	453215	5435512	410	3650
OSK-W-19-2197	121	-48	1059	453087	5435527	418	3550
OSK-W-19-2197-W1	121	-48	1104	453087	5435527	418	3550
OSK-W-19-2201	331	-46	93	453179	5434981	398	3350
OSK-W-19-2202	127	-54	1176	452999	5435606	424	3500
OSK-W-19-2203	329	-50	111	453220	5434993	399	3400
OSK-W-19-2208	334	-45	81	453212	5435008	398	3400
OSK-W-19-2210	332	-50	135	453235	5434970	398	3400
OSK-W-19-2213	325	-48	144	453235	5434970	398	3400
OSK-W-19-2215	329	-51	204	453254	5434980	398	3425
OSK-W-19-2216	329	-45	129	453235	5434971	399	3400
OSK-W-19-2217	134	-48	1172	452943	5435566	419	3425
OSK-W-19-2219	330	-45	174	453286	5434966	398	3450
OSK-W-19-2225	334	-52	189	453286	5434966	398	3450
OSK-W-19-2226	322	-55	126	453238	5435013	398	3425
OSK-W-19-2227	332	-45	108	453250	5435018	398	3425
OSK-W-19-2230	332	-53	177	453298	5434984	398	3450
OSK-W-19-2232	337	-59	123	453251	5435018	398	3425
OSK-W-20-1104-W7	142	-50	867	453383	5435455	402	3775
OSK-W-20-1731-W5	139	-51	1028	453383	5435518	409	3800
OSK-W-20-2059-W2	131	-52	933	453446	5435477	400	3825
OSK-W-20-2100-W6	122	-47	1260	453093	5435726	419	3650
OSK-W-20-2170-W2	128	-59	1188	453425	5435657	413	3900
OSK-W-20-2202-W1	127	-54	1259	452999	5435606	424	3500
OSK-W-20-2238	328	-51	189	453267	5434960	398	3425
OSK-W-20-2239	322	-48	165	453267	5434960	398	3425
OSK-W-20-2240	323	-45	167	453267	5434960	398	3425
OSK-W-20-2241	328	-49	165	453267	5434960	398	3425
WST-19-0154	175	26	124	453288	5435116	206	3525
WST-19-0198	177	3	133	453176	5435125	174	3425
WST-19-0213	131	-21	193	453178	5435126	174	3425
WST-19-0228	128	14	151	453216	5435115	224	3450
WST-19-0255	145	24	93	453216	5435115	224	3450
WST-19-0259	164	26	97	453216	5435114	224	3450
WST-19-0265B	166	1	109	453298	5435066	204	3500
WST-19-0266	165	-11	121	453298	5435066	204	3500
WST-19-0267	173	5	109	453298	5435066	204	3500
WST-19-0269	176	-4	118	453298	5435066	204	3500
WST-19-0270	179	6	115	453298	5435066	204	3500
WST-19-0273A	138	11	114	453290	5435116	206	3525
WST-19-0274	120	50	119	453290	5435116	209	3525
WST-19-0305	133	27	133	453217	5435115	224	3450
WST-19-0306	149	31	151	453217	5435115	225	3450
WST-19-0307	159	32	154	453217	5435115	225	3450
WST-19-0324	168	38	120	453216	5435115	225	3450
WST-19-0325	121	27	144	453217	5435115	225	3450
WST-19-0327	129	34	147	453218	5435115	225	3450
WST-20-0284	162	-21	82	453228	5435126	135	3475
WST-20-0287	153	5	220	453228	5435126	136	3475
WST-20-0288	152	-7	229	453228	5435127	135	3475
WST-20-0290	140	2	223	453229	5435127	136	3475
WST-20-0291	140	-9	160	453229	5435127	135	3475
WST-20-0292	141	-22	282	453229	5435127	135	3475
WST-20-0329	147	37	144	453217	5435115	225	3450
WST-20-0332	139	-16	219	453411	5435230	114	3675
WST-20-0375	156	-49	186	453493	5435287	116	3775
WST-20-0385A	166	-36	164	453493	5435287	116	3775

Lynx Zone

Mineralization in the Lynx zone is typically characterized by trace to 15% disseminated, clustered or stringer pyrite (locally up to 70%), local visible gold, trace to 3% sphalerite, chalcopyrite, and galena, local ptygmatic pyrite-tourmaline or tourmaline veinlets, quartz-carbonate veins (locally crustiform), smoky quartz veins and veinlets, and local chlorite-calcite or quartz-carbonate chlorite fracture filling. Alteration consists of weak to strong sericite, weak to strong silica with areas of local pervasive silica flooding, weak to moderate chlorite and carbonate, and locally weak to strong fuchsite. Mineralization is hosted in or at the contacts of felsic porphyritic or fragmental intrusions with rhyolites, andesites (locally bleached), or gabbros.

Triple Lynx Zone

Mineralization in the Triple Lynx zone is typically characterized by trace to 30% disseminated, clustered or stringer pyrite, local visible gold, trace sphalerite, chalcopyrite, and galena, local quartz-tourmaline veins (up to 20%), local ptygmatic tourmaline veins, and local smoky quartz and quartz-carbonate veins. Alteration consists of weak to strong sericite, weak to strong silica with areas of local pervasive silica flooding, weak to moderate chlorite and carbonate, and locally weak to strong fuchsite. Mineralization is hosted in or at the contacts of felsic porphyritic dikes with rhyolites (locally bleached) or gabbros.

Qualified Person

The scientific and technical content of this news release has been reviewed, prepared and approved by Mr. Louis Grenier, M.Sc.A., P.Geo. (OGQ 800), Project Manager of Osisko’s Windfall Lake gold project, who is a “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).

Quality Control and Reporting Protocols

True width determination is estimated at 55-80% of the reported core length interval for the zone. Assays are uncut except where indicated. Intercepts occur within geological confines of major zones but have not been correlated to individual vein domains at this time. Reported intervals include minimum weighted averages of 3.0 g/t Au diluted over core lengths of at least 2.0 metres. All NQ core assays reported were obtained by either 1-kilogram screen fire assay or standard 50-gram fire-assaying-AA finish or gravimetric finish at (i) ALS Laboratories in Val d’Or, Québec, Thunder Bay, Ontario, Sudbury, Ontario or Vancouver, British Colombia, or (ii) Bureau Veritas in Timmins, Ontario. The 1-kilogram screen assay method is selected by the geologist when samples contain coarse gold or present a higher percentage of pyrite than surrounding intervals. Selected samples are also analyzed for multi-elements, including silver, using an Aqua Regia-ICP-AES method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control (“QA/QC”) and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples for QA/QC purposes by the Corporation as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assay.

About the Windfall Gold Deposit

The Windfall gold deposit is located between Val-d’Or and Chibougamau in Eeyou Istchee James Bay, Québec, Canada. The mineral resource defined by Osisko, as disclosed in this news release and assuming a cut-off grade of 3.5 g/t, comprises 4,127,000 tonnes at 9.1 g/t Au (1,206,000 ounces) in the indicated mineral resource category and 14,532,000 tonnes at 8.40 g/t Au (3,938,000 ounces) in the inferred mineral resource category. The key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in this news release, certain of which are described in this news release, will be further described in the full technical report being prepared for this updated mineral resource estimate in accordance with NI 43-101, and will be available on SEDAR (www.sedar.com) under the Corporation’s issuer profile within 45 days. The Windfall gold deposit is currently one of the highest-grade resource-stage gold projects in Canada and has world-class scale. Mineralization occurs in three principal zones: Lynx, Main Zone, and Underdog. Mineralization is generally comprised of sub-vertical zones following intrusive porphyry contacts plunging to the northeast. The deposit is well defined from surface to a depth of 1,200 metres and remains open along strike and at depth. Mineralization has been identified 30 metres from surface in some areas and as deep as 2,000 metres in others, with significant potential to extend mineralization down-plunge and at depth.

About Osisko Mining Inc.

Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry area and nearby Quévillon area (over 2,700 square kilometres).

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “potential”, “feasibility”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains the forward-looking information pertaining to, among other things: the Windfall Lake gold deposit being one of the highest-grade resource-stage gold projects in Canada and having world-class scale; the key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in this news release; the prospects, if any, of the Windfall Lake gold deposit; timing and ability of Osisko to file a technical report for the mineral resource estimate disclosed in this news release; the timing and ability of Osisko, if at all, to publish a feasibility study for the Windfall Lake gold deposit; the projected capital expenditures of mining activities at the Windfall Lake gold deposit; upgrading an inferred mineral resource to a measured mineral resource or indicated mineral resource category; future drilling at the Windfall gold deposit; the deposit remaining open along strike to the northeast and at depth; significant high-grade zones (Lynx 4, Triple Lynx) remaining open down plunge; the plunge potential of the Lynx and Underdog zones; the significance of historic exploration activities and results. Such factors 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 Osisko to complete further exploration activities, including drilling; property and royalty interests in the Windfall Lake gold deposit; the ability of the Corporation to obtain required approvals; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

CONTACT INFORMATION:

John Burzynski
President & Chief Executive Officer
Telephone (416) 363-8653

OSISKO WINDFALL RESULTS FROM DISCOVERY 1 DEEP DRILL HOLE

Posted on February 25, 2020November 8, 2023 by Yannick Fradette

Highly Anomalous Mineralization at Depth

1.04 g/t Au Over 191 metres Including 10.1 g/t Au Over 2.5 metres

(Toronto, February 25, 2020) Osisko Mining Inc. (OSK: TSX. “Osisko” or the “Corporation”) is pleased to provide an update on the Discovery 1 (OSK-W-19-1970) drill hole. Discovery 1 is a 3467 metre drill hole, the longest diamond drill hole in Canada, which successfully intersected the targeted down plunge extensions of two known gold zones and investigated the projected source area of the Windfall deposit at depth.

Prior results from Discovery 1 include the successful intersection of the targeted Underdog Zone (500 metre extension: 14.1 g/t Au over 2.1 metres) and Triple 8 Zone (100 metres extension: 9.58 g/t Au over 7.6 metres) (see Osisko news release dated September 11, 2019). Discovery 1 also intersected wide anomalous gold zones including 116 metres of 0.46 g/t Au (see Osisko news release dated December 10, 2019). Similar wide anomalous gold zones have been observed in the proximity of Triple 8, Triple Lynx, and Lynx zones.

Previously reported intersection 1.05 g/t Au over 96.0 metres (see Osisko news release dated January 29, 2020) has been extended by new analytical results to 1.04 g/t Au over 191 metres, including a high-grade intersection of 10.1 g/t Au over 2.5 metres. The intersection begins at 3139 metres down hole and now ends at 3330 metres. All analytical results for Discovery 1 have been received. Mineralization, up to 3% pyrite and pyrrhotite, occurs in biotite, chlorite, and sericite altered mafic volcanics with occasional felsic volcanics and local felsic porphyritic intrusions. The high value intercept is within a breccia textured interval with an increased intensity of carbonate alteration in fracture filling.

Osisko President and Chief Executive Officer John Burzynski commented: “Discovery 1 has been a great success for Osisko. We are very pleased to have intersected the down plunge extensions of known zones, especially Underdog. This 500 metre extension provides us with a high potential zone ready for infill drilling to continue to grow our world class deposit. The wide zones of anomalous gold interspersed with high-grade intervals throughout the bottom half of the hole are a strong indication the Windfall gold system is extensive. We are planning a down hole IP geophysical survey to further investigate the potential for new Lynx-like zones nearby.”

Maps showing hole locations and full analytical results are available at www.osiskomining.com.

Hole No.	From (m)	To (m)	Interval (m)	Au (g/t) uncut	Host
OSK-W-19-1970-W1	3139.0	3330.0	191	1.04	Mafic Volcanics
*including	3168.9	3170.3	1.4	11.4	Felsic Porphyritic Intrusion
*including	3199.0	3200.0	1.0	15.4	Felsic Porphyritic Intrusion
including	3274.5	3277.0	2.5	10.1	Andesite

Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below. *Osisko news release dated January 29, 2020.

Hole Number	Azimuth (°)	Dip (°)	Length (m)	UTM E	UTM N	Elevation	Section
OSK-W-19-1970-W1	090	-51	3467	451913	5435346	401	2425

OSK-W-19-1970-W1 intersected 10.1 g/t Au over 2.5 metres. The interval consists of 1% disseminated pyrite and quartz-carbonate veins hosted in a strong biotite and moderate chlorite and carbonate altered andesite.

Qualified Person

The scientific and technical content of this news release has been reviewed, prepared and approved by Mr. Louis Grenier, M.Sc.A., P.Geo. (OGQ 800), Project Manager of Osisko’s Windfall gold project, who is a “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).

Quality Control and Reporting Protocols

True width determination is estimated at 55-80% of the reported core length interval for the zone. Assays are uncut except where indicated. Intercepts occur within geological confines of major zones but have not been correlated to individual vein domains at this time. Except when specified, reported intervals include minimum weighted averages of 3.0 g/t Au diluted over core lengths of at least 2.0 metres. All NQ core assays reported were obtained by either 1-kilogram screen fire assay or standard 50-gram fire-assaying-AA finish or gravimetric finish at (i) ALS Laboratories in Val d’Or, Québec, Thunder Bay, Ontario, Sudbury, Ontario or Vancouver, British Colombia, or (ii) Bureau Veritas in Timmins, Ontario. The 1-kilogram screen assay method is selected by the geologist when samples contain coarse gold or present a higher percentage of pyrite than surrounding intervals. Selected samples are also analyzed for multi-elements, including silver, using an Aqua Regia-ICP-AES method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control (“QA/QC”) and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples for QA/QC purposes by the Corporation as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assay.

About the Windfall Gold Deposit

The Windfall gold deposit is located between Val-d’Or and Chibougamau in Eeyou Istchee James Bay, Québec, Canada. The mineral resource defined by Osisko, disclosed in the February 19, 2020 news release and assuming a cut-off grade of 3.5 g/t, comprises 4,127,000 tonnes at 9.1 g/t Au (1,206,000 ounces) in the indicated mineral resource category and 14,532,000 tonnes at 8.40 g/t Au (3,938,000 ounces) in the inferred mineral resource category. The key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in the February 19, 2020 news release, certain of which are described in the February 19, 2020 news release, will be further described in the full technical report being prepared for this updated mineral resource estimate in accordance with NI 43-101, and will be available on SEDAR (www.sedar.com) under the Corporation’s issuer profile within 45 days from the February 19, 2020 news release. The Windfall gold deposit is currently one of the highest-grade resource-stage gold projects in Canada and has world-class scale. Mineralization occurs in three principal zones: Lynx, Main Zone, and Underdog. Mineralization is generally comprised of sub-vertical zones following intrusive porphyry contacts plunging to the northeast. The deposit is well defined from surface to a depth of 1,200 metres and remains open along strike and at depth. Mineralization has been identified 30 metres from surface in some areas and as deep as 2,000 metres in others, with significant potential to extend mineralization down-plunge and at depth.

About Osisko Mining Inc.

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. The information in this news release about the Windfall gold deposit being one of the highest grade resource-stage gold projects in Canada and having world-class scale; the significance of results from the new infill drilling and ongoing drill definition and expansion program at the Windfall gold project; the significance of assay results presented in this news release; the deposit remaining open along strike and at depth; potential depth extensions of the mineralized zones down-plunge and at depth; the actual mineralization of local visible gold; the current drill program; the type of drilling included in the drill program; potential mineralization; the potential to extend mineralization up and down-plunge and at depth at the Windfall gold deposit; the ability to realize upon any mineralization in a manner that is economic; the ability to complete any proposed exploration activities and the results of such activities, including the continuity or extension of any mineralization; and any other information herein that is not a historical fact may be “forward-looking information”. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward- looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Corporation at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Osisko to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors 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 Osisko to complete further exploration activities, including drilling; property interests in the Windfall gold project; the ability of the Corporation to obtain required approvals and complete transactions on terms announced; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions. Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information, Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

CONTACT INFORMATION:

John Burzynski
President & Chief Executive Officer
Telephone (416) 363-8653

OSISKO WINDFALL UPDATED MINERAL RESOURCE ESTIMATE

Posted on February 19, 2020November 8, 2023 by Yannick Fradette

Indicated Resource: 1.21M oz Au averaging 9.1 g/t Au

Inferred Resource: 3.94M oz Au averaging 8.4 g/t Au

(Toronto, February 19, 2020) Osisko Mining Inc. (OSK:TSX, “Osisko” or the “Corporation”) is pleased to provide an updated mineral resource estimate for its 100% owned Windfall gold deposit, located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.

Highlights

Windfall mineral resource estimate expanded to world-class scale
Mineral resource estimate entirely above 1200 metres vertical depth
2019 drilling increased indicated mineral resource estimate by 60% (added 452,000 ounces) and increased inferred mineral resource estimate by 66% (added 1,572,000 ounces)
Osisko’s Lynx discovery hosts average grade of >10 g/t Au and the majority of indicated and inferred mineral resource estimate; significant high-grade zones (Lynx 4, Triple Lynx) remain open down plunge, 19 drills continue with infill and expansion drilling in 2020

Table 1: Windfall Gold Deposit Mineral Resource Estimate Sensitivity Table

Cut-off Grade (Au)	Indicated			Inferred
Cut-off Grade (Au)	Tonnes ⁽¹⁾ (000 t)	Grade (g/t)	Ounces Au ⁽¹⁾ (000 oz)	Tonnes ⁽¹⁾ (000 t)	Grade (g/t)	Ounces Au ⁽¹⁾ (000 oz)
5.00 g/t	2,792	11.4	1,026	9,495	10.7	3,258
4.50 g/t	3,150	10.7	1,081	10,844	9.9	3,464
4.00 g/t	3,586	9.9	1,141	12,566	9.2	3,701
3.50 g/t	4,127	9.1	1,206	14,532	8.4	3,938
3.00 g/t	4,773	8.3	1,274	17,213	7.6	4,218

Notes:¹ Values are rounded to nearest thousand which may cause apparent discrepancies.

Table 2: Windfall Gold Deposit Mineral Resource Estimate by Area (3.5 g/t Au cut-off)

Area	Indicated			Inferred
Area	Tonnes (000 t) ⁽¹⁾	Grade (g/t)	Ounces Au ⁽¹⁾ (000 oz)	Tonnes ⁽¹⁾ (000 t)	Grade (g/t)	Ounces Au ⁽¹⁾ (000 oz)
Lynx²	1,817	11.3	661	6,349	10.9	2,233
Underdog	561	8.0	145	4,776	6.9	1,067
Main³	1,749	7.1	401	3,407	5.8	638
Total	4,127	9.1	1,206	14,532	8.4	3,938

Notes:¹ Values are rounded to nearest thousand which may cause apparent discrepancies.

²Lynx area includes: Lynx Main, Lynx HW, Lynx SW and Lynx 4, Triple Lynx.

³ Main area includes: Zone 27, Caribou, Mallard, Windfall Nord and F-Zones.

⁴ See Windfall Gold Deposit Mineral Resource Estimate Notes further below.

John Burzynski, President and Chief Executive Officer of Osisko, commented: “We have been confident since Osisko discovered Lynx in 2016 that we had another world-class gold deposit developing at Windfall. The number of ounces and average grade at Lynx has continued to increase as we advance the resource infill drilling. Recent Lynx bulk sample results (see Osisko news release of December 11, 2019) also showed reconciliation significantly exceeding predicted block model grades and returned higher than anticipated gold recovery. Strong potential for expansion remains in the known Lynx zones, the majority of which are open along strike to the northeast and down plunge below 1,200 metres. The Triple 8 discovery, at approximately 1,500 metres vertical depth, was not included in the current mineral resource estimate but hosts excellent potential to add significant ounces with additional drilling.”

Located in Québec, one of the best mining jurisdictions in the world, this mineral resource estimate moves Windfall to world-class status in terms of scale and grade. Osisko has recently completed 1 million metres of drilling at Windfall, including the longest diamond drill hole in Canada which has shown strong indications that the Windfall gold system extends to depths beyond 2.5 kilometres.

Mr. Burzynski continued: “We have advanced the Windfall Project rapidly over the course of the past four years. It’s worth noting that members of our management, board and technical team have collectively worked on three world class gold deposits discovered in Québec over the past fifteen years – Canadian Malartic, Éléonore, and now Windfall. I am exceedingly proud of our exploration and engineering teams, technical and non-technical employees and contractors, and wish to thank them for their dedicated work on the Windfall Project. We are grateful to our Cree First Nation partners for their warm welcome and assistance in our work on their traditional territory and look forward to advancing the Windfall Project with them. I also wish to thank all of our stakeholders and shareholders for their ongoing strong support.”

This mineral resource estimate is the result of 2,941 drill holes (1,101,008 metres) in the resource area, including 2,280 drill holes (918,273 metres) completed by Osisko from October 2015 to January 3, 2020. The Windfall mineral resource estimate (with an effective date of January 3, 2020) was prepared by Osisko and reviewed and audited by Micon International Limited, Toronto, Ontario. The full technical report, which is being prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI43-101”), will be available on SEDAR (www.sedar.com) under the Corporation’s issuer profile within 45 days.

Drilling continues at Windfall with 19 rigs focusing on measured and indicated mineral resource conversion for the planned feasibility study. Additional drills are dedicated to exploring down plunge extensions of Lynx, exploring the nearby Fox deposit, and regional target evaluation. The exploration ramp is advancing to provide additional access for underground infill drilling, and pending permit approvals, the collection of a third bulk sample deeper in the Lynx area.

This mineral resource estimate reflects the current status of the geological interpretation supported by infill drilling, underground mapping and bulk sample results. Most mineralized envelopes in the Main zone are associated with pyritic stringers occurring near contacts between volcanic rocks and younger intrusive rocks. The Lynx mineralization zones form an extensive anastomosed network of quartz-rich and pyrite-rich veins hosted within strongly silicified volcanic rocks. This system is located on the southern limb of an open fold plunging at 40 degrees towards ENE along the Bank fault-shear zone. The resource estimation includes a total of 292 mineralization zones defined by individual wireframes with a minimum true thickness of 2.0 metres. The resource reports grade blocks inside volumes potentially mineable by underground methods at a cut-off grade of 3.5 g/t Au.

Table 3: Parameters used to estimate the underground cut-off grade

for the Windfall Gold Deposit Mineral Resource Estimation

Parameters	Unit	Value
Gold Price	USD$/oz	1,325
Exchange Rate	USD$/CAD$	1.30
Mill Recovery	%	93
Sell Cost	C$/oz	5
Royalties (NSR)	%	2
Mining Cost	C$/t milled	100
G&A Cost	C$/t milled	30
Processing Cost	C$/t milled	40
Transportation	C$/t milled	2
Environment	C$/t milled	4
Calculated Cut-off Grade	g/t Au	3.5

Windfall Gold Deposit Mineral Resource Estimate Notes

The Windfall mineral resource estimate is compliant with the November 29, 2019 CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (as defined below).
Resources are presented undiluted and in situ and are considered to have reasonable prospects for economic extraction. Isolated and discontinuous blocks above the stated cut-off grade are excluded from the mineral resource estimate. Must-take material, i.e. isolated blocks below cut-off grade located within a potentially mineable volume, were included in the mineral resource estimate.
As of January 3, 2020, the database comprises a total of 2,941 drill holes for 1,101,008 metres of drilling in the area extent of the mineral resource estimate, of which 2,280 drill holes (918,273 metres) were completed and assayed by Osisko. The drill hole grid spacing is approximately 25 metre x 25 metre for infill drilling and larger for extension drilling.
All core assays reported by Osisko were obtained by analytical methods described below under “Quality Control and Reporting Protocols”.
Geological interpretation of the deposit is based on lithologies, mineralization style, alteration and structural features. Most mineralization envelopes are subvertical, striking NE-SW and plunging approximately 40 degrees towards the North-East. The 3D wireframing was generated in Leapfrog Geo, a modelling software, from hand selections of mineralization intervals. The mineral resource estimate includes a total of 292 tabular, sub-vertical gold-bearing domains defined by individual wireframes with a minimum true thickness of 2.0 metres.
Assays were composited within the mineralization domains into 2.0 metres length composites. A value of 0.00125 g/t Au (¼ of the detection limit) was applied to unassayed core intervals.
High-grade composites were capped. Cappings were determined in each area from statistical studies on groups of zones sharing similar mineralization characteristics. Cappings vary from 15 g/t Au to 130 g/t Au and are applied using a three-step capping strategy where the capping value decreases as interpolation search distances increase.
Five (5) block models were produced using Datamine™ Studio RM Software. The models are defined by parent cell sizes of 5 metres NE, 2 meters NW and 5 metres height, and sublocked to minimum subcell sizes of 1.25 meters NE, 0.5 metres NW and 1.25 metres height.
Ordinary Kriging (OK) based interpolations were produced for each area of the Windfall gold deposit. Estimation parameters are based on composite variography analyses.
Density values of 2.8 were applied to the mineralized zones.
The Windfall mineral resource estimate is categorized as indicated and inferred mineral resource as follows:
- The indicated mineral resource category is manually defined and encloses areas where drill spacing is generally less than 25 metres, blocks are informed by a minimum of two drill holes, and reasonable geological and grade continuity is shown.
- The inferred mineral resource category is manually defined and encloses areas where drill spacing is less than 100 metres, blocks are informed by a minimum of two drill holes, and reasonable, but not verified, geological and grade continuity is observed.
The mineral resource is reported at 3.5 g/t Au cut-off. The cut-off grade is calculated using the following economic parameters: gold price at 1,325 US$/oz, exchange rate at 1.30 USD/CAD, 93% mill recovery; selling cost at 5 C$/oz, 2% NSR royalties, mining cost at 100 C$/t milled, G&A cost at 30 C$/t milled, processing cost at 40 C$/t, transportation cost at 2 C$/t considering mill at site, and environment cost at 4 C$/t.
Estimates use metric units (metres, tonnes and g/t). Metal contents are presented in troy ounces (metric tonne x grade / 31.10348).
Micon International Limited is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues, or any other relevant issue, that could materially affect the mineral resource estimate.
These mineral resources are not mineral reserves as they do not have demonstrated economic viability. The quantity and grade of reported inferred mineral resources in this news release are uncertain in nature and there has been insufficient exploration to define these inferred mineral resources as indicated or measured mineral resources, and it is uncertain if further exploration will result in upgrading them to these categories.

Qualified Person

The Windfall mineral resource estimate, with an effective date of January 3, 2020, was (i) prepared by Judith St-Laurent, P.Geo (OGQ #1023)., B.Sc., Senior Resource Geologist of Osisko, and (ii) reviewed and approved by Charley Murahwi, M.Sc, P.Geo., FAusIMM, each of whom is a “qualified person” within the meaning of NI 43-101. Mr. Murahwi is an employee of Micon International Limited and is considered to be “independent” of Osisko for purposes of section 1.5 of NI 43-101. The scientific and technical content in this news release has been reviewed and approved by Mr. Mathieu Savard, P.Geo (OGQ #510), Senior Vice President Exploration of Osisko, who is a “qualified person” within the meaning of NI 43-101.

Quality Control and Reporting Protocols

All NQ core assays reported were obtained by either 1-kilogram screen fire assay or standard 50-gram fire-assaying-AA finish or gravimetric finish at (i) ALS Laboratories in Val d’Or, Québec, Thunder Bay, Ontario, Sudbury, Ontario or Vancouver, British Colombia, or (ii) Bureau Veritas in Timmins, Ontario. The 1-kilogram screen assay method is selected by the geologist when samples contain coarse gold or present a higher percentage of pyrite than surrounding intervals. Selected samples are also analyzed for multi-elements, including silver, using an Aqua Regia-ICP-AES method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control (“QA/QC”) and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples for QA/QC purposes by the Corporation as well as the lab. Approximately 5% of sample pulps are sent to secondary laboratories for check assay.

About the Windfall Gold Deposit

About Osisko Mining Inc.

Cautionary Statements Regarding Estimates of Mineral Resources

This news release uses the terms measured, indicated and inferred mineral resources as a relative measure of the level of confidence in the resource estimate. Readers are cautioned that mineral resources are not mineral reserves and that the economic viability of resources that are not mineral reserves has not been demonstrated. The mineral resource estimate disclosed in this news release may be materially affected by geology, environmental, permitting, legal, title, socio-political, marketing or other relevant issues. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. The mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards on Mineral Resources and Mineral Reserves” incorporated by reference into NI 43-101 (“CIM”). Under NI 43-101, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies or economic studies except for preliminary economic assessments. Readers are cautioned not to assume that further work on the stated resources will lead to mineral reserves that can be mined economically.

Cautionary Note Regarding Forward-Looking Information

CONTACT INFORMATION:

John Burzynski
President & Chief Executive Officer
Telephone (416) 363-8653

FORM 62-103F1 EARLY WARNING REPORT

Posted on February 7, 2020November 8, 2023 by Yannick Fradette

This report updates information disclosed in a previous report filed by Osisko Mining Inc. (“Osisko”) on July 5, 2019.

Security and Reporting Issuer
- State the designation of securities to which this report relates and the name and address of the head office of the issuer of the securities.

Issuer: O3 Mining Inc. (“O3 Mining“)

155 University Avenue

Suite 1440

Toronto, Ontario M5H 3B7

Securities: This report relates to the disposition by Osisko of common shares of O3 Mining (“O3 Shares“).

O3 Mining is a corporation existing under the laws of the Province of Ontario and its common shares trade through the facilities of the TSX Venture Exchange under the trading symbol “OIII”.

State the name of the market in which the transaction or other occurrence that triggered the requirement to file this report took place.

Osisko disposed of O3 Shares through the facilities of the TSX Venture Exchange.

Identity of the Acquiror
- State the name and address of the acquiror.

Acquiror: Osisko Mining Inc. (“Osisko“)

155 University Avenue

Suite 1440

Toronto, Ontario M5H 3B7

Osisko is a corporation existing under the laws of the Province of Ontario and its common shares trade through the facilities of the Toronto Stock Exchange under the trading symbol “OSK”. Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada.

State the date of the transaction or other occurrence that triggered the requirement to file this report and briefly describe the transaction or other occurrence.

On February 7, 2020, Osisko disposed of 6,200,000 O3 Shares through the facilities of the TSX Venture Exchange at a price of $2.35 per O3 Share for aggregate gross proceeds of $14,570,000 (the “Disposition“). The Disposition triggered the requirement to file this report under National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 61-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

State the names of any joint actors.

None.

Interest in Securities of the Reporting Issuer
- State the designation and number or principal amount of securities acquired or disposed of that triggered the requirement to file the report and the change in the acquiror’s securityholding percentage in the class of securities.

Immediately prior to the Disposition, Osisko had beneficial ownership of, or control and direction over, 24,977,898 O3 Shares, representing approximately 53.2% of the number of issued and outstanding O3 Shares (being 46,927,215 common shares).

Immediately following the Disposition, Osisko had beneficial ownership of, or control and direction over, 18,777,898 O3 Shares, representing approximately 40.0% of the issued and outstanding O3 Shares on a basic basis (based on there being 46,927,215 O3 Shares issued and outstanding as of the date hereof).

State whether the acquiror acquired or disposed ownership of, or acquired or ceased to have control over, the securities that triggered the requirement to file the report.

Osisko disposed of 6,200,000 O3 Shares referred to in this report.

If the transaction involved a securities lending arrangement, state that fact.

Not applicable.

State the designation and number or principal amount of securities and the acquiror’s securityholding percentage in the class of securities, immediately before and after the transaction or other occurrence that triggered the requirement to file this report.

See Item 3.1 above.

State the designation and number or principal amount of securities and the acquiror’s securityholding percentage in the class of securities referred to in Item 4 over which
- the acquiror, either alone or together with any joint actors, has ownership and control,

Osisko owns and controls the 18,777,898 O3 Shares referred to in Item 3.1, representing approximately 40.0% of the issued and outstanding O3 Shares.

the acquiror, either alone or together with any joint actors, has ownership but control is held by persons or companies other than the acquiror or any joint actor, and

Not applicable.

the acquiror, either alone or together with any joint actors, has exclusive or shared control but does not have ownership.

Not applicable.

If the acquiror or any of its joint actors has an interest in, or right or obligation associated with, a related financial instrument involving a security of the class of securities in respect of which disclosure is required under this item, describe the material terms of the related financial instrument and its impact on the acquiror’s securityholdings.

Not applicable.

If the acquiror or any of its joint actors is a party to a securities lending arrangement involving a security of the class of securities in respect of which disclosure is required under this item, describe the material terms of the arrangement including the duration of the arrangement, the number or principal amount of securities involved and any right to recall the securities or identical securities that have been transferred or lent under the arrangement.

Not applicable.

State if the securities lending arrangement is subject to the exception provided in section 5.7 of NI 62-104.

Not applicable.

If the acquiror or any of its joint actors is a party to an agreement, arrangement or understanding that has the effect of altering, directly or indirectly, the acquiror’s economic exposure to the security of the class of securities to which this report relates, describe the material terms of the agreement, arrangement or understanding.

Not applicable.

Consideration Paid
- State the value, in Canadian dollars, of any consideration paid or received per security and in total.

See Item 2.2 above.

In the case of a transaction or other occurrence that did not take place on a stock exchange or other market that represents a published market for the securities, including an issuance from treasury, disclose the nature and value, in Canadian dollars, of the consideration paid or received by the acquiror.

Not applicable.

If the securities were acquired or disposed of other than by purchase or sale, describe the method of acquisition or disposition.

Not applicable.

Purpose of the Transaction

State the purpose or purposes of the acquiror and any joint actors for the acquisition or disposition of securities of the reporting issuer. Describe any plans or future intentions which the acquiror and any joint actors may have which relate to or would result in any of the following: (a) the acquisition of additional securities of the reporting issuer, or the disposition of securities of the reporting issuer; (b) a corporate transaction, such as a merger, reorganization or liquidation, involving the reporting issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of the assets of the reporting issuer or any of its subsidiaries;(d) a change in the board of directors or management of the reporting issuer, including any plans or intentions to change the number or term of directors or to fill any existing vacancy on the board; (e) a material change in the present capitalization or dividend policy of the reporting issuer; (f) a material change in the reporting issuer’s business or corporate structure; (g) a change in the reporting issuer’s charter, bylaws or similar instruments or another action which might impede the acquisition of control of the reporting issuer by any person or company; (h) a class of securities of the reporting issuer being delisted from, or ceasing to be authorized to be quoted on, a marketplace; (i) the issuer ceasing to be a reporting issuer in any jurisdiction of Canada; (j) a solicitation of proxies from securityholders; (k) an action similar to any of those enumerated above.

The O3 Shares were disposed of in order to monetize a portion of its investment in O3 Mining. On January 28, 2020, Osisko filed a “Notice of Intention to Distribute Securities” under Section 2.8 of National Instrument 45-102 – Resale of Securities. Osisko intends to review, on a continuous basis, various factors related to its investment in O3 Mining, and may decide to purchase or dispose of additional securities of O3 Mining as future circumstances may dictate.

Agreements, Arrangements, Commitments or Understandings With Respect to Securities of the Reporting Issuer

Describe the material terms of any agreements, arrangements, commitments or understandings between the acquiror and a joint actor and among those persons and any person with respect to securities of the class of securities to which this report relates, including but not limited to the transfer or the voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. Include such information for any of the securities that are pledged or otherwise subject to a contingency, the occurrence of which would give another person voting power or investment power over such securities, except that disclosure of standard default and similar provisions contained in loan agreements need not be included.

Not applicable.

Change in material fact

If applicable, describe any change in a material fact set out in a previous report filed by the acquiror under the early warning requirements or Part 4 in respect of the reporting issuer’s securities.

Not applicable.

Exemption

If the acquiror relies on an exemption from requirements in securities legislation applicable to formal bids for the transaction, state the exemption being relied on and describe the facts supporting that reliance.

Not applicable.

Certification

The acquiror must certify that the information is true and complete in every respect. In the case of an agent, the certification is based on the agent’s best knowledge, information and belief but the acquiror is still responsible for ensuring that the information filed by the agent is true and complete.

This report must be signed by each person on whose behalf the report is filed or his authorized representative.

It is an offence to submit information that, in a material respect and at the time and in the light of the circumstances in which it is submitted, is misleading or untrue.

Certificate

I, as the President and Chief Executive Officer of Osisko, certify on behalf of Osisko, to the best of my knowledge, information and belief, that the statements made in this report are true and complete in every respect.

Date: February 7, 2020

Signature: (signed) “John F. Burzynski”
President and Chief Executive Officer, Osisko

Name/Title: John F. Burzynski / President and Chief Executive Officer, Osisko

OSISKO COMPLETES DISCOVERY 1 DEEP DRILL HOLE

Posted on January 29, 2020November 8, 2023 by Yannick Fradette

Longest Diamond Drill Hole in Canada, Additional High Values Intercepted

(Toronto, January 29, 2020) Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide a summary on the Discovery 1 (OSK-W-19-1970) drill hole. Discovery 1 was a planned 3000 metre to 3500 metre deep drill hole, designed to target two down plunge extensions of known gold zones and investigate the projected source area of the Windfall deposit at depth. The working model for the Windfall deposit interprets an outer shell and centre of a possible porphyry intrusion feeding the Windfall-Lynx gold system.

The final length of Discovery 1 was 3467 metres, becoming the longest diamond drill hole in Canada, and achieving a vertical depth of 2700 metres from surface. Analytical results from the final 200 metres are at the laboratory, results are pending. The hole was drilled from surface to 3149 metres with NQ rods and finished with BQ rods. New results are presented in the table below. The high value results are similar to those intersected in the Windfall and Lynx deposits, hosted in volcanics and felsic intrusions. The last three high value intervals are hosted in a wide anomalous gold zone. Discovery 1 ended in biotite and chlorite altered mafic volcanics with felsic porphyritic intrusions.

Prior results from Discovery 1 include the successful intersection of the targeted Underdog Zone (500 metre extension: 14.1 g/t Au over 2.1 metres) and the Triple 8 Zone (100 metre extension: 9.58 g/t Au over 7.6 metres) (see Osisko news release dated September 11, 2019), and the intersection of several wide zones of anomalous gold mineralization ranging up to 116 metres in length, similar to the wide anomalous gold zones observed in the proximity of Triple 8, Triple Lynx, and Lynx zones (see Osisko news release dated December 10, 2019).

Osisko President and Chief Executive Officer John Burzynski commented: “Discovery 1 is a great success and achievement. We are very proud of our Osisko team and Major Drilling for their tremendous work completing this hole. Successes include the discovery of the Underdog and Triple 8 extensions, the wide intercepts of anomalous gold values similar to those observed in the Lynx system, and now these new high value gold intercepts at depth. These results of the Discovery 1 hole show that the Windfall system is extensive with substantial room for potential growth.”

Maps showing hole locations and full analytical results are available at www.osiskomining.com.

Hole No.	From (m)	To (m)	Interval (m)	Au (g/t) uncut	Host
OSK-W-19-1970	1018.6	1020.9	2.3	7.95	Andesite
including	1020.3	1020.9	0.6	28.8	Andesite
	2048.1	2050.7	2.6	3.39	Felsic Porphyritic Intrusion
OSK-W-19-1970-W1	2545.0	2547.0	2.0	5.72	Rhyolite
	2867.9	2870.2	2.3	10.7	Andesite
	3084.0	3088.0	4.0	5.25	Andesite
	3139.0	3235.0	96.0	1.05	Andesite
including	3168.9	3170.3	1.4	11.4	Felsic Porphyritic Intrusion
including	3178.0	3179.0	1.0	5.91	Felsic Porphyritic Intrusion
including	3199.0	3200.0	1.0	15.4	Felsic Porphyritic Intrusion

Hole Number	Azimuth (°)	Dip (°)	Length (m)	UTM E	UTM N	Elevation	Section
OSK-W-19-1970	090	-51	2275	451913	5435346	401	2425
OSK-W-19-1970-W1	090	-51	3467	451913	5435346	401	2425

OSK-W-19-1970 intersected 7.95 g/t Au over 2.3 metres and 3.39 g/t Au over 2.6 metres. The first interval consists of 5% pyrite stringers and 1% disseminated pyrite hosted in a moderate chlorite, carbonate and weak sericite altered andesite. The second interval consists of local visible gold, up to 20% disseminated pyrite and smokey quartz veins within a moderate sericite, biotite and chlorite altered felsic porphyritic intrusion.

OSK-W-19-1970-W1 intersected four intervals: 5.72 g/t Au over 2.0 metres, 10.7 g/t Au over 2.3 metres, 5.25 g/t Au over 4.0 metres, and 1.05 g/t Au over 96.0 metres. The first interval consists of trace disseminated pyrite and quartz-tourmaline veins hosted in a weak sericite and silica altered rhyolite. The second interval consists of up to 5% disseminated pyrite and quartz-carbonate veins within a moderate silica, biotite and chlorite altered andesite. The third interval consists of 1% disseminated pyrite and 5% quartz veins hosted in a moderate chlorite and biotite andesite.

The last interval is a wide anomalous gold zone hosted in chlorite, sericite, and biotite altered mafic volcanics and includes three high grade intervals. The first interval consists of trace disseminated pyrite at the contact between a biotite and carbonate altered andesite and a felsic porphyritic intrusion. The second interval consists of 2% disseminated pyrite hosted in a moderate biotite, carbonate and weak fuchsite altered porphyritic intrusion. The last interval consists of 1% disseminated pyrite within a moderate biotite, chlorite and carbonate altered felsic porphyritic intrusion.

Qualified Person

Quality Control and Reporting Protocols

About the Windfall Lake Gold Deposit

The Windfall Lake gold deposit is located between Val-d’Or and Chibougamau in the Abitibi region of Québec, Canada. The mineral resource defined by Osisko, as disclosed in the Windfall Lake Technical Report (as defined below) and November 27, 2018 Lynx resource update, comprises 2,874,000 tonnes at 8.17 g/t Au (754,000 ounces) in the indicated mineral resource category and 10,352,000 tonnes at 7.11 g/t Au (2,366,000 ounces) in the inferred mineral resource category. For details regarding the key assumptions, parameters and methods used to estimate the mineral resources presented in respect of the Windfall Lake gold project, please see the technical report entitled “Technical Report and Mineral Resource Estimate for the Windfall Lake Project, Windfall Lake and Urban-Barry Properties” and dated June 12, 2018 (effective date of May 14, 2018), which has been prepared by InnovExplo Inc. from Val-d’Or, Québec (the “Windfall Lake Technical Report”) and the press release “Osisko Releases Mineral Resource Update for Lynx” dated November 27, 2018, which has been prepared by Osisko and reviewed and approved by Micon International, Ltd. from Toronto, Ontario. The Windfall Lake Technical Report and press release are available on Osisko’s website at www.osiskomining.com and on SEDAR under Osisko’s issuer profile at www.sedar.com. The Windfall Lake gold deposit is currently one of the highest-grade resource-stage gold projects in Canada. Mineralization occurs in four principal zones: Lynx, Zone 27, Caribou and Underdog. All zones comprise sub-vertical lenses following intrusive porphyry contacts plunging to the northeast. The deposit is well defined from surface to a depth of 900 metres and remains open along strike and at depth. Mineralization has been identified 30 metres from surface in some areas and as deep as 2,000 metres in others, with significant potential to extend mineralization down-plunge and at depth.

About Osisko Mining Inc.

Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall Lake gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding the Urban Barry area and nearby Quévillon area (over 2,700 square kilometres).

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. The information in this news release about the Windfall Lake gold deposit being one of the highest grade resource-stage gold projects in Canada; the significance of results from the new infill drilling and ongoing drill definition and expansion program at the Windfall Lake gold project; the significance of assay results presented in this news release; the deposit remaining open along strike and at depth; potential depth extensions of the mineralized zones down-plunge and at depth; the actual mineralization of local visible gold; the current drill program; the type of drilling included in the drill program; potential mineralization; the potential to extend mineralization up and down-plunge and at depth at the Windfall Lake gold deposit; the ability to realize upon any mineralization in a manner that is economic; the ability to complete any proposed exploration activities and the results of such activities, including the continuity or extension of any mineralization; and any other information herein that is not a historical fact may be “forward-looking information”. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward- looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Corporation at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Osisko to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors 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 Osisko to complete further exploration activities, including drilling; property interests in the Windfall Lake gold project; the ability of the Corporation to obtain required approvals and complete transactions on terms announced; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions. Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information, Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

For further information please contact:
John Burzynski
President and Chief Executive Officer
Telephone: (416) 363-8653

OSISKO MINING INC. DECREASE EQUITY INTEREST IN GENERATION MINING LIMITED

Posted on January 23, 2020November 8, 2023 by Yannick Fradette

Toronto, Ontario (January 23, 2020) – Osisko Mining Inc. (TSX: OSK) (the “Corporation“) announces that, through a single trade on January 23, 2020, it disposed of 750,000 common shares (“Common Shares“) of Generation Mining Limited (“Generation Mining“) through the facilities of the Canadian Securities Exchange in exchange for aggregate cash consideration of $540,052 (or average cash consideration of $0.72007 per Common Share) (the “Disposition“). Based on information contained in documents publically filed by Generation Mining, the Corporation has beneficial ownership of, or control or direction over, less than 10% of the total issued and outstanding common shares of Generation Mining. Accordingly, the Corporation will no longer file insider reports in respect of its ownership of securities of Generation Mining (except as may be required by applicable law).

Immediately prior to the Disposition, the Corporation had beneficial ownership of, or control and direction over, (i) 5,848,000 Common Shares, representing approximately 6.3% of the number of issued and outstanding Common Shares (being 93,363,189 Common Shares), and (ii) 4,464,250 common share purchase warrants of Generation Mining (“Warrants“), representing, together with the 5,848,000 Common Shares held by the Corporation, approximately 10.5% of the issued and outstanding Common Shares on a partially-diluted basis (i.e., giving effect only to the exercise of the 4,464,250 Warrants held by the Corporation).

Immediately following the Disposition, the Corporation had beneficial ownership of, or control and direction over, (i) 5,098,000 Common Shares, representing approximately 5.5% of the number of issued and outstanding Common Shares (being 93,363,189 Common Shares), and (ii) 4,464,250 Warrants, representing, together with the 5,098,000 Common Shares held by the Corporation, approximately 9.8% of the issued and outstanding Common Shares on a partially-diluted basis (i.e., giving effect only to the exercise of the 4,464,250 Warrants held by the Corporation).

The Corporation disposed of 2,114,500 Common Shares to realize a positive return on its investment in Generation Mining. The Corporation intends to review, on a continuous basis, various factors related to its investment in Generation Mining, and may decide to purchase or dispose of additional securities of Generation Mining as future circumstances may dictate.

This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated January 23, 2020. The early warning report respecting the Disposition has been filed on the System for Electronic Document Analysis and Review (www.sedar.com) under Generation Mining’s issuer profile. To obtain a copy of the early warning report filed by the Corporation, please contact John Burzynski at (416) 363-8653 or refer to the System for Electronic Document Analysis and Review (www.sedar.com) under Generation Mining’s issuer profile.

For further information on the Corporation please contact:

John Burzynski
President & Chief Executive Officer
Telephone: (416) 363-8653

The Corporation’s head office is located at 155 University Avenue, Suite 1440, Toronto, Ontario, Canada, M5H 3B7.

OSISKO MINING INC. DECREASE EQUITY INTEREST IN GENERATION MINING LIMITED

Posted on January 17, 2020November 8, 2023 by Yannick Fradette

Toronto, Ontario (January 17, 2020) – Osisko Mining Inc. (TSX: OSK) (the “Corporation“) announces that, through a series of trades ending on January 17, 2020, it disposed of an aggregate of 2,114,000 common shares (“Common Shares“) of Generation Mining Limited (“Generation Mining“) through the facilities of the Canadian Securities Exchange for aggregate cash consideration of $1,058,166.60 (or average cash consideration of $0.5006 per Common Share) (the “Disposition“). The Disposition, triggered the requirement to file this report under National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 61-103 – The Early Warning System and Related take-Over Bid and Insider Reporting Issues.

Immediately prior to the Disposition, the Corporation had beneficial ownership of, or control and direction over, (i) 7,962,000 Common Shares, representing approximately 8.5% of the number of issued and outstanding Common Shares (being 93,363,189 Common Shares), and (ii) 4,464,250 common share purchase warrants of Generation Mining (“Warrants“), representing, together with the 7,962,000 Common Shares held by the Corporation, approximately 12.7% of the issued and outstanding Common Shares on a partially-diluted basis (i.e., giving effect only to the exercise of the 4,464,250 Warrants held by the Corporation).

Immediately following the Disposition, the Corporation had beneficial ownership of, or control and direction over, (i) 5,848,000 Common Shares, representing approximately 6.3% of the number of issued and outstanding Common Shares (being 93,363,189 Common Shares), and (ii) 4,464,250 Warrants, representing, together with the 5,848,000 Common Shares held by the Corporation, approximately 10.5% of the issued and outstanding Common Shares on a partially-diluted basis (i.e., giving effect only to the exercise of the 4,464,250 Warrants held by the Corporation).

The Corporation disposed of 2,114,500 Common Shares to realize a positive return on its investment in Generation Mining, it intends to review, on a continuous basis, various factors related to its investment in Generation Mining, and may decide to purchase or dispose of additional securities of Generation Mining as future circumstances may dictate.

This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated January 17, 2020. The early warning report respecting the Disposition has been filed on the System for Electronic Document Analysis and Review (www.sedar.com) under Generation Mining’s issuer profile. To obtain a copy of the early warning report filed by the Corporation, please contact John Burzynski at (416) 363-8653 or refer to the System for Electronic Document Analysis and Review (www.sedar.com) under Generation Mining’s issuer profile.

For further information on the Corporation please contact:

John Burzynski
President & Chief Executive Officer
Telephone: (416) 363-8653

The Corporation’s head office is located at 155 University Avenue, Suite 1440, Toronto, Ontario M5H 3B7.

OSISKO INTERSECTS HIGH-GRADE AT WINDFALL

Posted on January 9, 2020November 8, 2023 by Yannick Fradette

Including 106 g/t Au Over 4.0 Metres in Lynx

Triple Lynx Extended 50 Metres Up Plunge to the SW and Vertically to NE

(Toronto, January 9, 2020) Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide new drilling results from the ongoing definition and expansion drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.

The program is currently focused on infill drilling and expansion drilling at the Lynx deposit, exploration on the main mineralized zones, and deep exploration in the central areas of the mineralized intrusive system.

Osisko President and Chief Executive Officer John Burzynski commented: “We are very pleased with today’s results from Windfall, especially the continuing high-grade extension in Triple Lynx. Drilling continues to deliver positive results and demonstrate the strong continuity of grade inside the known mineralized zones, many of which remain open in at least one direction. The new intersections include the last batch of 2019 infill drilling which will be incorporated into the updated Windfall resource estimate anticipated in February.”

Significant new analytical results from 116 intercepts in 44 surface drill holes and 19 wedges focused on Lynx, Main Zone and Triple 8 infill and expansion drilling are presented below. Additionally, 71 intercepts from 45 underground infill drill holes are included in the table below.

Highlights from new results include: 266 g/t Au over 2.0 metres in OSK-W-1603-W5, 106 g/t Au over 4.0 metres in OSK-19-2139; 135 g/t Au over 2.5 metres in WST-19-0251; 114 g/t Au 2.5 metres in OSK-W-19-1965, 36.9 g/t Au over 5.0 metres in OSK-W-19-1104-W4; 83.8 g/t Au over 2.1 metres in WST-19-222A, 18.5 g/t Au over 9.0 metres in WST-19-0161A; 77.7 g/t Au over 2.1 metres in WST-19-0273A; 76.6 g/t Au over 2.1 metres in WST-19-0188 and 44.7 g/t Au over 3.2 metres in OSK-W-19-2170. Maps showing hole locations and full analytical results are available at www.osiskomining.com.

Surface Drilling

Hole No.	From (m)	To (m)	Interval (m)	Au (g/t) uncut	Au (g/t) cut to 100 g/t	Zone	Corridor
OSK-W-18-1604	715.3	717.3	2.0	35.1		Lynx_336	Lynx
including	715.3	716.3	1.0	66.9		Lynx_336	Lynx
OSK-W-18-1731-W1	871.1	874.0	2.9	7.93		Lynx_313	Lynx
including	872.4	873.0	0.6	21.3		Lynx_313	Lynx
	895.5	897.8	2.3	5.39		Lynx_327	Lynx
OSK-W-19-991-W6	1215.9	1218.0	2.1	3.88		Lynx 4	Lynx
OSK-W-19-1104-W4	826.0	828.0	2.0	4.14		Lynx 4	Lynx
	840.9	846.5	5.6	6.82		Lynx_313	Lynx
including	840.9	841.6	0.7	29.1		Lynx_313	Lynx
	856.0	861.0	5.0	36.9	16.3	Lynx 4	Lynx
including	858.2	858.6	0.4	357	100	Lynx 4	Lynx
	906.5	908.5	2.0	25.7	16.0	Lynx 4	Lynx
including	907.5	907.8	0.3	165	100	Lynx 4	Lynx
OSK-W-19-1272-W3	799.0	803.0	4.0	7.92		Triple Lynx	Triple Lynx
OSK-W-19-1603-W3	1411.	1413.9	2.9	8.94		Triple 8	Triple 8
	1453.5	1455.6	2.1	11.9		Triple 8	Triple 8
including	1453.5	1454.2	0.7	31.8		Triple 8	Triple 8
	1459.5	1461.5	2.0	4.04		Triple 8	Triple 8
	1477.7	1479.7	2.0	5.62		Triple 8	Triple 8
	1550.8	1553.0	2.2	4.25		Triple 8	Triple 8
including	1552.0	1552.4	0.4	13.2		Triple 8	Triple 8
	1558.0	1560.2	2.2	4.92		Triple 8	Triple 8
OSK-W-19-1603-W4	1622.3	1624.8	2.5	9.17		Triple 8	Triple 8
OSK-W-19-1603-W5	1542.0	1544.0	2.0	4.96		Triple 8	Triple 8
including	1542.5	1542.8	0.3	15.7		Triple 8	Triple 8
	1612.0	1614.0	2.0	266	50.1	Triple 8	Triple 8
including	1612.0	1613.0	1.0	531	100	Triple 8	Triple 8
	1633.3	1635.3	2.0	19.0		Triple 8	Triple 8
including	1633.9	1634.7	0.8	44.0		Triple 8	Triple 8
	1680.8	1683.0	2.2	7.08		Triple 8	Triple 8
including	1681.4	1681.9	0.5	29.6		Triple 8	Triple 8
	1711.7	1713.9	2.2	9.85		Triple 8	Triple 8
OSK-W-19-1783-W3	1629.8	1632.4	2.6	5.48		Triple 8	Triple 8
	2019.4	2021.8	2.4	6.65		Triple 8	Triple 8
	2185.0	2187.5	2.5	4.49		Triple 8	Triple 8
including	2186.1	2186.5	0.4	25.7		Triple 8	Triple 8
OSK-W-19-1835-W3	604.7	607.0	2.3	3.06		Underdog	Underdog
	746.0	748.0	2.0	3.43		Underdog	Underdog
	915.0	917.0	2.0	3.33		Underdog	Underdog
	1144.0	1146.0	2.0	4.04		Underdog	Underdog
	1186.4	1196.5	10.1	4.85		Underdog	Underdog
including	1192.7	1193.4	0.7	17.1		Underdog	Underdog
OSK-W-19-1867	260.9	263.6	2.7	3.26		F51	F51
OSK-W-19-1882	798.0	800.4	2.4	7.60		Underdog	Underdog
including	799.7	800.4	0.7	22.1		Underdog	Underdog
OSK-W-19-1933	303.0	305.0	2.0	3.40		Caribou_201	Caribou
	396.0	398.1	2.1	4.53		Caribou_207	Caribou
	508.5	512.0	3.5	3.96		Z27_112	Zone 27
	524.0	526.7	2.7	4.91		Z27_110	Zone 27
OSK-W-19-1942-W2	906.0	908.2	2.2	4.81		Lynx_327	Lynx
including	907.8	908.2	0.4	17.9		Lynx_327	Lynx
OSK-W-19-1963-W2	1122.0	1124.0	2.0	6.24		Lynx 4	Lynx
OSK-W-19-1963-W6	1402.7	1406.6	3.9	23.8		Lynx 4	Lynx
including	1405.1	1406.6	1.5	44.8		Lynx 4	Lynx
	1411.8	1414.0	2.2	3.94		Lynx 4	Lynx
OSK-W-19-1965	116.0	118.5	2.5	114	34.8	Windfall Nord	Windfall Nord
including	117.3	118.1	0.8	346	100	Windfall Nord	Windfall Nord
OSK-W-19-1969	198.0	200.0	2.0	3.06		Lynx corridor	Lynx
including	199.0	200.0	1.0	5.64		Lynx corridor	Lynx
OSK-W-19-1973	83.2	85.5	2.3	5.29		Caribou_220	Caribou
including	84.2	84.5	0.3	40.5		Caribou_220	Caribou
	92.2	95.1	2.9	4.37		Caribou_220	Caribou
including	94.8	95.1	0.3	23.7		Caribou_220	Caribou
	387.0	389.0	2.0	4.51		Caribou_201	Caribou
	415.2	418.0	2.8	5.91		Z27 corridor	Zone 27
OSK-W-19-1988	1583.2	1585.4	2.2	9.52		Triple 8	Triple 8
	1690.8	1693.0	2.2	5.97		Triple 8	Triple 8
	1771.0	1773.2	2.2	6.17		Triple 8	Triple 8
	1779.0	1783.0	4.0	6.02		Triple 8	Triple 8
OSK-W-19-1988-W1	1596.0	1598.0	2.0	9.05		Triple 8	Triple 8
	1794.8	1796.8	2.0	5.66		Triple 8	Triple 8
including	1795.3	1795.7	0.4	24.7		Triple 8	Triple 8
OSK-W-19-1993	103.1	105.5	2.4	5.14		F11	F11
OSK-W-19-1995	400.1	402.4	2.3	4.16		Caribou_230	Caribou
	501.0	503.5	2.5	12.2		Caribou_207	Caribou
including	501.0	502.0	1.0	30.3		Caribou_207	Caribou
OSK-W-19-1996	13.0	15.1	2.1	3.67		Bobcat	Bobcat
OSK-W-19-1998	100.9	104.0	3.1	12.6		F11	F11
including	103.0	104.0	1.0	30.0		F11	F11
OSK-W-19-2001	119.5	121.7	2.2	16.8		F11	F11
including	119.5	120.1	0.6	43.6		F11	F11
	125.4	127.7	2.3	7.81		F11	F11
OSK-W-19-2019	149.0	151.0	2.0	17.5		F11	F11
including	149.0	150.0	1.0	34.8		F11	F11
OSK-W-19-2020	223.3	225.4	2.1	3.95		Bobcat	Bobcat
including	224.9	225.4	0.5	14.4		Bobcat	Bobcat
OSK-W-19-2021	58.4	60.4	2.0	4.08		F11	F11
including	60.0	60.4	0.4	17.4		F11	F11
OSK-W-19-2024	99.0	101.0	2.0	12.9		F11	F11
including	100.0	101.0	1.0	24.3		F11	F11
	108.6	110.6	2.0	4.24		F11	F11
OSK-W-19-2027	21.0	27.0	6.0	4.46		F11	F11
	29.9	32.5	2.6	3.20		F11	F11
OSK-W-19-2031	72.0	74.2	2.2	14.9		Bobcat	Bobcat
including	73.4	74.2	0.8	37.7		Bobcat	Bobcat
OSK-W-19-2055	210.8	213.0	2.2	12.4		F51	F51
including	211.6	211.9	0.3	80.3		F51	F51
	280.9	283.0	2.1	7.50		F51	F51
OSK-W-19-2061	453.0	455.0	2.0	4.72		Lynx	Lynx
OSK-W-19-2066	261.5	263.7	2.2	59.1		F51	F51
including	261.8	263.4	1.6	79.2		F51	F51
OSK-W-19-2067	1144.0	1146.0	2.0	3.16		Triple Lynx	Triple Lynx
OSK-W-19-2067-W4	1049.0	1053.3	4.3	3.70		Triple Lynx	Triple Lynx
	1068.5	1072.0	3.5	6.88		Triple Lynx	Triple Lynx
	1106.0	1109.0	3.0	12.2		Triple Lynx	Triple Lynx
	1115.0	1117.5	2.5	5.46		Triple Lynx	Triple Lynx
	1123.0	1126.6	3.6	15.4		Triple Lynx	Triple Lynx
including	1124.0	1125.0	1.0	37.4		Triple Lynx	Triple Lynx
	1134.0	1139.0	5.0	5.56		Triple Lynx	Triple Lynx
OSK-W-19-2068	516.8	519.0	2.2	4.17		Lynx	Lynx
OSK-W-19-2080	153.7	155.7	2.0	8.68		F51	F51
including	153.7	154.2	0.5	20.5		F51	F51
	199.6	203.2	3.6	28.2		F51	F51
including	199.6	200.0	0.4	43.9
and	202.2	203.2	1.0	70.7
	211.0	213.3	2.3	5.09		F51	F51
OSK-W-19-2081	38.1	40.4	2.3	44.7	39.4	Bobcat	Bobcat
including	38.1	39.0	0.9	114	100	Bobcat	Bobcat
OSK-W-19-2082	151.0	154.0	3.0	5.11		Bobcat	Bobcat
OSK-W-19-2083	115.0	117.0	2.0	3.67		Caribou	Caribou
including	115.5	116.5	1.0	6.93		Caribou	Caribou
OSK-W-19-2086	280.0	282.0	2.0	6.76		F51	F51
including	281.0	281.5	0.5	18.7		F51	F51
OSK-W-19-2087	215.4	217.4	2.0	4.59		F51	F51
OSK-W-19-2100-W4	967.5	970.0	2.5	9.80		Triple Lynx	Triple Lynx
including	969.7	970.0	0.3	56.6		Triple Lynx	Triple Lynx
OSK-W-19-2101	721.0	724.7	3.7	9.33		Triple Lynx	Triple Lynx
including	724.3	724.7	0.4	32.0		Triple Lynx	Triple Lynx
OSK-W-19-2104	99.5	102.2	2.7	3.13		F11	F11
OSK-W-19-2107-W2	578.5	580.6	2.1	12.2		Lynx_331	Lynx
including	579.8	580.2	0.4	28.7		Lynx_331	Lynx
	890.0	892.0	2.0	3.82		Triple Lynx	Triple Lynx
OSK-W-19-2108-W2	1346.2	1348.5	2.3	6.50		Triple Lynx	Triple Lynx
OSK-W-19-2120-W3	1052.4	1054.8	2.4	3.33		Lynx 4	Lynx
OSK-W-19-2139	892.4	899.8	7.4	6.93		Triple Lynx	Triple Lynx
including	896.0	897.0	1.0	22.9		Triple Lynx	Triple Lynx
	956.6	960.6	4.0	106	46.5	Triple Lynx	Triple Lynx
including	959.8	960.3	0.5	566	100	Triple Lynx	Triple Lynx
	964.0	966.0	2.0	3.19		Triple Lynx	Triple Lynx
OSK-W-19-2139-W2	876.7	879.0	2.3	22.9		Triple Lynx	Triple Lynx
including	876.7	877.2	0.5	84.7		Triple Lynx	Triple Lynx
	927.4	929.5	2.1	4.99		Triple Lynx	Triple Lynx
including	927.4	928.1	0.7	12.5		Triple Lynx	Triple Lynx
	1077.0	1079.0	2.0	3.03		Triple Lynx	Triple Lynx
	1083.0	1085.3	2.3	5.66		Triple Lynx	Triple Lynx
OSK-W-19-2160	743.0	745.0	2.0	3.37		Lynx	Lynx
OSK-W-19-2170	960.3	963.0	2.7	35.5		Triple Lynx	Triple Lynx
including	960.9	961.8	0.9	70.6		Triple Lynx	Triple Lynx
	1016.7	1018.8	2.1	3.96		Triple Lynx	Triple Lynx
	1022.8	1026.0	3.2	44.7	16.4	Triple Lynx	Triple Lynx
including	1022.8	1023.1	0.3	402	100	Triple Lynx	Triple Lynx
OSK-W-19-2178	367.0	369.3	2.3	13.4		Lynx_301	Lynx
including	367.5	368.3	0.8	37.5		Lynx_301	Lynx
OSK-W-19-2181	117.0	119.1	2.1	4.11		Lynx_305	Lynx
including	117.0	117.3	0.3	20.0		Lynx_305	Lynx
	150.6	153.2	2.6	10.2		Lynx_307	Lynx
OSK-W-19-2183	441.0	443.1	2.1	8.41		Lynx_301	Lynx
including	441.0	441.5	0.5	17.9		Lynx_301	Lynx
OSK-W-19-2184	97.0	99.4	2.4	18.0		Lynx_308	Lynx
including	98.5	98.9	0.4	89.9		Lynx_308	Lynx
OSK-W-19-2186	62.0	64.1	2.1	14.4		Lynx	Lynx
including	62.0	62.3	0.3	87.0		Lynx	Lynx
	83.0	85.0	2.0	6.42		Lynx_308	Lynx
including	84.2	84.5	0.3	41.3		Lynx_308	Lynx
OSK-W-19-2188	53.8	55.9	2.1	5.01		Lynx_306	Lynx
including	53.8	54.1	0.3	33.2		Lynx_306	Lynx
	93.0	95.0	2.0	7.50		Lynx_308	Lynx
OSK-W-19-2191	52.7	55.1	2.4	5.68		Lynx_310	Lynx
including	54.0	54.3	0.3	37.3		Lynx_310	Lynx
OSK-W-19-2193	60.0	62.2	2.2	4.29		Lynx_308	Lynx
including	61.6	61.9	0.3	19.7		Lynx_308	Lynx
OSK-W-19-2195	336.9	339.0	2.1	18.8		Lynx_301	Lynx
including	336.9	338.0	1.1	32.2		Lynx_301	Lynx

Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below.

Underground Drilling

Hole No.	From (m)	To (m)	Interval (m)	Au (g/t) uncut	Au (g/t) cut to 100 g/t	Zone	Corridor
WST-19-0029	44.0	46.0	2.0	3.65		Z27_103	Zone 27
WST-19-0030	55.0	57.0	2.0	3.33		Z27_103	Zone 27
	81.0	83.0	2.0	7.91		Z27_104	Zone 27
WST-19-0033	64.0	66.5	2.5	6.24		Z27_103	Zone 27
including	65.1	65.9	0.8	19.0		Z27_103	Zone 27
WST-19-0076	115.3	117.6	2.3	3.22		Z27 corridor	Zone 27
WST-19-0160A	83.9	87.5	3.6	8.04		Z27_113	Zone 27
WST-19-0161A	61.0	65.0	4.0	8.71		Z27_113	Zone 27
including	61.0	62.0	1.0	19.8		Z27_113	Zone 27
	101.0	110.0	9.0	18.5		Z27_115	Zone 27
including	105.0	107.0	2.0	62.3		Z27_115	Zone 27
WST-19-0162	66.9	70.9	4.0	5.85		Z27 corridor	Zone 27
including	68.7	69.2	0.5	18.4		Z27 corridor	Zone 27
WST-19-0183	37.0	39.0	2.0	3.92		Z27_103	Zone 27
including	37.8	38.2	0.4	19.1		Z27_103	Zone 27
WST-19-0184	79.1	81.1	2.0	4.41		Z27_104	Zone 27
including	80.0	80.8	0.8	10.5		Z27_104	Zone 27
WST-19-0186	35.0	37.0	2.0	4.17		Z27_103	Zone 27
including	36.3	36.6	0.3	27.2		Z27_103	Zone 27
WST-19-0187	108.4	110.5	2.1	6.02		Z27_115	Zone 27
including	109.7	110.0	0.3	40.4		Z27_115	Zone 27
WST-19-0188	62.0	67.0	5.0	3.46		Caribou	Caribou
including	63.5	64.1	0.6	12.4		Caribou	Caribou
	98.0	100.0	2.0	4.93		Z27_101	Zone 27
	106.9	109.0	2.1	76.6	39.1	Z27_115	Zone 27
including	106.9	107.7	0.8	199	100	Z27_115	Zone 27
WST-19-0189	103.0	105.0	2.0	8.22		Z27_101	Zone 27
including	103.7	104.6	0.9	16.6		Z27_101	Zone 27
	107.9	110.0	2.1	3.08		Z27_115	Zone 27
WST-19-0190	110.4	113.8	3.4	3.42		Z27_115	Zone 27
WST-19-0191	85.4	87.6	2.2	9.13		Z27_101	Zone 27
including	87.0	87.6	0.6	30.9		Z27_101	Zone 27
WST-19-0192	71.0	73.3	2.3	3.31		Caribou_201	Caribou
including	73.0	73.3	0.3	12.0		Caribou_201	Caribou
	96.2	99.0	2.8	9.05		Z27_115	Zone 27
	103.2	105.5	2.3	7.08		Z27_115	Zone 27
including	104.6	105.5	0.9	16.6		Z27_115	Zone 27
WST-19-0193	56.0	58.0	2.0	3.34		Caribou_203	Caribou
	127.4	129.9	2.5	9.26		Z27_115	Zone 27
WST-19-0194	136.5	138.6	2.1	6.42		Z27_115	Zone 27
including	137.0	137.8	0.8	14.2		Z27_115	Zone 27
WST-19-0210	130.0	132.0	2.0	7.30		Lynx	Lynx
including	130.0	131.0	1.0	14.5		Lynx	Lynx
WST-19-0214	214.4	216.7	2.3	6.72		Caribou_201	Caribou
WST-19-0219	274.0	276.0	2.0	3.98		Caribou corridor	Caribou
WST-19-0220	74.9	77.0	2.1	8.46		Z27_116	Zone 27
including	74.9	75.3	0.4	40.4		Z27_116	Zone 27
	135.0	137.1	2.1	4.01		Caribou_201	Caribou
including	136.6	137.1	0.5	16.3		Caribou_201	Caribou
	235.0	237.0	2.0	5.24		Caribou_238	Caribou
including	235.5	235.9	0.4	22.0		Caribou_238	Caribou
WST-19-0221	119.0	121.0	2.0	14.5		Caribou_207	Caribou
including	119.8	120.1	0.3	96.3		Caribou_207	Caribou
WST-19-0222A	228.0	230.0	2.0	4.52		Caribou_206	Caribou
	236.0	238.0	2.0	6.66		Caribou_206	Caribou
including	236.0	237.0	1.0	13.1		Caribou_206	Caribou
	292.0	294.4	2.4	3.07		Caribou_217	Caribou
	302.5	304.6	2.1	83.8	19.3	Caribou_217	Caribou
including	304.2	304.6	0.4	439	100	Caribou_217	Caribou
WST-19-0223	273.0	275.0	2.0	3.46		Caribou_225	Caribou
WST-19-0224	204.4	209.5	5.1	12.6		Caribou_231	Caribou
including	204.4	205.5	1.1	44.2		Caribou_231	Caribou
WST-19-0225	199.1	201.4	2.3	4.64		Caribou corridor	Caribou
WST-19-0226	109.0	111.4	2.4	46.4	43.1	Z27_101	Zone 27
including	109.0	110.0	1.0	108	100	Z27_101	Zone 27
WST-19-0227	218.7	220.7	2.0	26.7		Caribou_218	Caribou
including	218.7	219.5	0.8	63.5		Caribou_218	Caribou
	234.0	236.0	2.0	3.18		Caribou_201	Caribou
WST-19-0244	12.0	15.3	3.3	8.22		Lynx_310	Lynx
including	15.0	15.3	0.3	43.2		Lynx_310	Lynx
	37.0	39.0	2.0	21.1	16.3	Lynx_305	Lynx
including	37.8	38.1	0.3	132	100	Lynx_305	Lynx
	40.6	44.0	3.4	26.9		Lynx_304	Lynx
WST-19-0245	17.1	19.9	2.8	8.54		Lynx_310	Lynx
including	17.1	17.4	0.3	52.4		Lynx_310	Lynx
WST-19-0246	58.0	60.1	2.1	3.55		Lynx_306	Lynx
including	59.3	60.1	0.8	9.15		Lynx_306	Lynx
WST-19-0247	40.6	42.6	2.0	29.8		Lynx_304	Lynx
including	40.6	41.4	0.8	73.5		Lynx_304	Lynx
WST-19-0248	35.6	38.1	2.5	5.76		Lynx_304	Lynx
including	36.3	36.6	0.3	42.2		Lynx_304	Lynx
WST-19-0250	70.0	72.0	2.0	4.02		Lynx_308	Lynx
including	70.6	70.9	0.3	26.1		Lynx_308	Lynx
	77.4	80.0	2.6	30.2	19.9	Lynx_308	Lynx
including	78.2	78.5	0.3	189	100	Lynx_308	Lynx
	97.5	99.8	2.3	3.05		Lynx_310	Lynx
including	98.3	98.7	0.4	16.3		Lynx_310	Lynx
	125.0	127.0	2.0	8.30		Lynx	Lynx
including	125.0	125.3	0.3	55.3		Lynx	Lynx
WST-19-0251	69.8	72.3	2.5	135	32.1	Lynx_308	Lynx
including	69.8	70.6	0.8	422	100	Lynx_308	Lynx
WST-19-0252	68.5	70.6	2.1	7.31		Lynx_308	Lynx
including	70.3	70.6	0.3	39.4		Lynx_308	Lynx
	75.7	77.9	2.2	8.78		Lynx_308	Lynx
including	77.6	77.9	0.3	37.1		Lynx_308	Lynx
	90.9	93.0	2.1	6.29		Lynx_310	Lynx
including	92.0	92.6	0.6	21.9		Lynx_310	Lynx
WST-19-0253	70.4	72.7	2.3	38.4		Lynx_308	Lynx
including	71.9	72.7	0.8	72.9		Lynx_308	Lynx
	121.0	123.1	2.1	8.32		Lynx_304	Lynx
including	122.7	123.1	0.4	41.9		Lynx_304	Lynx
	149.9	152.3	2.4	7.49		Lynx	Lynx
including	150.5	151.0	0.5	35.3		Lynx	Lynx
WST-19-0254	59.3	61.7	2.4	17.1	13.6	Lynx_311	Lynx
including	61.4	61.7	0.3	129	100	Lynx_311	Lynx
	69.0	71.6	2.6	5.84		Lynx_308	Lynx
WST-19-0263	18.0	20.3	2.3	4.26		Lynx_305	Lynx
including	19.3	19.7	0.4	24.2		Lynx_305	Lynx
	49.9	52.4	2.5	8.46		Lynx_304	Lynx
including	51.2	51.8	0.6	22.1		Lynx_304	Lynx
WST-19-0272	81.0	83.4	2.4	9.29		Lynx_304	Lynx
including	83.1	83.4	0.3	72.5		Lynx_304	Lynx
WST-19-0273A	91.0	93.1	2.1	77.7	34.7	Lynx	Lynx
including	91.3	92.0	0.7	229	100	Lynx	Lynx
WST-19-0276	85.9	88.3	2.4	17.8	17.1	Lynx_316	Lynx
including	86.6	87.0	0.4	105	100	Lynx_316	Lynx
	97.2	99.3	2.1	6.38		Lynx_306	Lynx
including	97.8	98.1	0.3	42.3		Lynx_306	Lynx
WST-19-0277	95.0	97.3	2.3	4.91		Lynx_341	Lynx
including	96.7	97.3	0.6	15.1		Lynx_341	Lynx
WST-19-0278	91.9	93.9	2.0	7.27		Lynx_316	Lynx

Notes: True widths are estimated at 55 – 80% of the reported core length interval. See “Quality Control and Reporting Protocols” below.

Drill hole location

Hole Number	Azimuth (°)	Dip (°)	Length (m)	UTM E	UTM N	Elevation	Section
OSK-W-18-1604	142	-52	909	453219	5435347	407	3575
OSK-W-18-1731-W1	139	-51	995	453383	5435518	409	3800
OSK-W-19-991-W6	128	-58	1761	453980	5435993	401	4550
OSK-W-19-1104-W4	142	-50	933	453383	5435455	402	3775
OSK-W-19-1272-W3	127	-60	1164	453246	5435535	412	3675
OSK-W-19-1603-W3	35	-80	1743	453340	5434543	396	3275
OSK-W-19-1603-W4	35	-80	1740	453340	5434543	396	3275
OSK-W-19-1603-W5	35	-80	1791	453340	5434543	396	3275
OSK-W-19-1783-W3	61	-78	2208	453535	5434373	398	3375
OSK-W-19-1835-W3	173	-53	1308	452305	5435474	406	2825
OSK-W-19-1867	334	-49	548	453760	5435758	401	4250
OSK-W-19-1882	328	-57	915	452469	5434405	400	2450
OSK-W-19-1933	333	-54	602	452578	5434713	404	2700
OSK-W-19-1942-W2	128	-54	1056	453315	5435390	403	3675
OSK-W-19-1963-W2	123	-58	1424	453761	5435816	401	4275
OSK-W-19-1963-W6	123	-58	1493	453761	5435816	401	4275
OSK-W-19-1965	352	-48	231	452201	5435148	405	2575
OSK-W-19-1969	164	-51	336	452832	5434947	405	3025
OSK-W-19-1973	325	-50	509	452392	5434547	399	2450
OSK-W-19-1988	48	-78	1962	453374	5434480	396	3275
OSK-W-19-1988-W1	48	-78	1812	453374	5434480	396	3275
OSK-W-19-1993	146	-54	192	452350	5435850	406	3050
OSK-W-19-1995	336	-59	564	452818	5434775	397	2950
OSK-W-19-1996	177	-55	165	452808	5434912	404	3000
OSK-W-19-1998	151	-46	183	452350	5435850	406	3050
OSK-W-19-2001	166	-53	201	452402	5435876	406	3100
OSK-W-19-2019	153	-51	234	452407	5435919	406	3125
OSK-W-19-2020	163	-45	294	452727	5434929	407	2950
OSK-W-19-2021	152	-49	192	452534	5435914	410	3250
OSK-W-19-2024	165	-45	162	452415	5435854	406	3100
OSK-W-19-2027	154	-46	102	452274	5435732	407	2925
OSK-W-19-2031	271	-68	78	452995	5435106	418	3250
OSK-W-19-2055	337	-46	291	453608	5435712	403	4075
OSK-W-19-2061	150	-48	468	452783	5435007	407	3025
OSK-W-19-2066	159	-45	429	453486	5436028	404	4125
OSK-W-19-2067	123	-53	1212	453241	5435697	416	3750
OSK-W-19-2067-W4	123	-53	1203	453241	5435697	416	3750
OSK-W-19-2068	116	-53	1098	453317	5435387	402	3675
OSK-W-19-2080	157	-46	434	453541	5436009	404	4175
OSK-W-19-2081	152	-47	291	452838	5435047	407	3100
OSK-W-19-2082	329	-58	219	453036	5435109	414	3300
OSK-W-19-2083	359	-46	597	451959	5434350	403	1975
OSK-W-19-2086	145	-45	387	453603	5436123	409	4275
OSK-W-19-2087	341	-44	348	453635	5435729	403	4125
OSK-W-19-2100-W4	122	-47	1260	453093	5435726	419	3650
OSK-W-19-2101	18	-68	909	453426	5434779	396	3475
OSK-W-19-2104	149	-45	291	452494	5435937	406	3225
OSK-W-19-2107-W2	23	-70	932	453426	5434778	396	3475
OSK-W-19-2108-W2	117	-53	1578	453215	5435858	414	3825
OSK-W-19-2120-W3	114	-60	1247	453800	5435747	401	4275
OSK-W-19-2139	115	-52	1149	452980	5435549	420	3450
OSK-W-19-2139-W2	115	-52	1203	452980	5435549	420	3450
OSK-W-19-2160	124	-50	1032	453087	5435527	404	3550
OSK-W-19-2170	128	-59	1203	453425	5435657	413	3900
OSK-W-19-2178	132	-46	416	453504	5435428	399	3850
OSK-W-19-2181	333	-48	207	453179	5434911	397	3325
OSK-W-19-2183	135	-49	485	453504	5435428	399	3850
OSK-W-19-2184	334	-50	120	453211	5434967	398	3375
OSK-W-19-2186	332	-45	135	453211	5434968	398	3375
OSK-W-19-2188	323	-47	120	453211	5434968	398	3375
OSK-W-19-2191	327	-54	93	453197	5434994	399	3375
OSK-W-19-2193	333	-45	90	453197	5434995	398	3375
OSK-W-19-2195	134	-45	420	453503	5435430	399	3850
WST-19-0029	148	-27	151	452281	5434974	263	2575
WST-19-0030	128	40	117	452282	5434974	267	2575
WST-19-0033	108	-1	118	452282	5434975	264	2575
WST-19-0076	133	41	159	452208	5434898	250	2475
WST-19-0160A	324	-49	225	452234	5434710	208	2400
WST-19-0161A	311	-38	132	452234	5434710	208	2400
WST-19-0162	346	-54	255	452236	5434711	208	2400
WST-19-0183	148	4	106	452281	5434974	264	2575
WST-19-0184	128	-5	106	452281	5434975	264	2575
WST-19-0186	155	21	106	452281	5434974	265	2575
WST-19-0187	320	6	139	452118	5434606	187	2250
WST-19-0188	320	-37	145	452118	5434606	186	2250
WST-19-0189	326	16	139	452119	5434606	187	2250
WST-19-0190	331	-31	153	452119	5434606	185	2250
WST-19-0191	336	-9	124	452119	5434606	186	2250
WST-19-0192	336	-21	130	452119	5434606	186	2250
WST-19-0193	317	-42	151	452193	5434661	199	2325
WST-19-0194	340	-47	163	452194	5434662	199	2325
WST-19-0210	187	22	157	453176	5435125	175	3425
WST-19-0214	135	-12	292	452281	5434975	264	2575
WST-19-0219	142	17	310	452157	5434857	242	2400
WST-19-0220	142	6	252	452157	5434857	242	2400
WST-19-0221	147	-3	253	452157	5434857	241	2400
WST-19-0222A	145	5	322	452208	5434898	249	2475
WST-19-0223	145	-13	391	452208	5434898	248	2475
WST-19-0224	132	6	316	452208	5434899	249	2475
WST-19-0225	132	-9	329	452208	5434899	249	2475
WST-19-0226	141	-15	316	452281	5434974	263	2575
WST-19-0227	124	-17	340	452281	5434974	263	2575
WST-19-0244	124	23	73	453306	5435063	205	3500
WST-19-0245	138	49	69	453306	5435063	206	3500
WST-19-0246	143	40	73	453306	5435063	206	3500
WST-19-0247	155	33	73	453306	5435063	205	3500
WST-19-0248	155	20	73	453306	5435063	205	3500
WST-19-0250	139	8	163	453217	5435115	224	3450
WST-19-0251	143	17	155	453217	5435115	224	3450
WST-19-0252	143	12	157	453217	5435115	224	3450
WST-19-0253	143	6	157	453217	5435115	224	3450
WST-19-0254	143	1	168	453217	5435115	223	3450
WST-19-0263	161	8	106	453298	5435066	205	3500
WST-19-0272	138	25	112	453290	5435116	206	3525
WST-19-0273A	138	11	114	453290	5435116	206	3525
WST-19-0276	126	20	111	453291	5435116	206	3525
WST-19-0277	111	27	117	453291	5435117	207	3525
WST-19-0278	111	6	141	453291	5435116	206	3525

OSK-W-18-1604 intersected 35.1 g/t Au over 2.0 metres in Lynx. Mineralization consists of 1% pyrite with pervasive silica flooding in a moderate sericite and silica altered and bleached rhyolite.

OSK-W-18-1731-W1 intersected 7.93 g/t Au over 2.9 metres and 5.39 g/t Au over 2.3 metres in Lynx. The first interval consists of trace pyrite stringers in a moderate silica and weak sericite altered rhyolite. The second interval consists of 1% pyrite stringers and chalcopyrite with a quartz-carbonate vein. Both are hosted is a moderate chlorite altered gabbro.

OSK-W-19-991-W6 intersected 3.88 g/t Au over 2.1 metres in Lynx. Mineralization consists of 6% disseminated pyrite and 2% pyrite stringers with local silica alteration hosted in a chloritized gabbro.

OSK-W-19-1104-W4 intersected 4.14 g/t Au over 2.0 metres, 6.82 g/t Au over 5.6 metres, 36.9 g/t Au over 5.0 metres and 25.7 g/t Au over 2.0 metres in Lynx. The first interval consists of 3% disseminated, stringer, and clustered pyrite with smoky quartz veinlets and pervasive silica flooding hosted in a weak sericite and moderate silica altered rhyolite. The second interval consists of local visible gold, 3% disseminated pyrite with silica flooding, and 1% disseminated and stringer pyrite hosted in a moderate silica and sericite altered rhyolite. The third interval consists of local visible gold within quartz-carbonate veinlets or with 1% pyrite stringers, and 1% disseminated pyrite in a weak silica and sericite altered rhyolite. The fourth interval consists of local visible gold and 1% disseminated pyrite with pervasive silica flooding hosted in a moderate to strong silica altered rhyolite.

OSK-W-19-1272-W3 intersected 7.92 g/t Au over 4.0 metres in Triple Lynx. Mineralization consists of local visible gold and trace pyrite in a quartz veinlet hosted in a weak sericite altered porphyritic felsic intrusion.

OSK-W-19-1603-W3 intersected 8.94 g/t Au over 2.9 metres, 11.9 g/t Au over 2.1 metres, 4.04 g/t Au over 2.0 metres, 5.62 g/t Au over 2.0 metres, 4.25 g/t Au over 2.2 metres and 4.92 g/t Au over 2.2 metres in Triple 8. The first interval consists of 15% disseminated, clustered and semi-massive pyrite with local electrum in a moderate chlorite-biotite-sericite-silica and carbonate altered andesite. The second and third intervals consist of 30% pyrite clusters up to semi-massive pyrite, 10% pyrrhotite with quartz-carbonate veins, 5% disseminated pyrite, 1% disseminated pyrrhotite and trace sphalerite in a moderate chlorite-biotite altered gabbro. The fourth interval consists of 10% pyrite stringers, 5% disseminated pyrite, 1% pyrite clusters, and 1% disseminated pyrrhotite in a moderate chlorite-biotite-silica altered and bleached andesite at the contact with a gabbro. The fifth interval consists of trace disseminated pyrite and quartz-tourmaline veins in a moderate biotite-carbonate altered andesite. The sixth interval consists of 6% pyrite stringers and 4% disseminated pyrite in a weak silica altered and bleached andesite.

OSK-W-19-1603-W4 intersected 9.17 g/t Au over 2.5 metres in Triple 8. Mineralization consists of up to 40% disseminated pyrite to local net-like texture and 1% pyrite stringers with pervasive silica-carbonate flooding in a moderate sericite altered and sheared contact between an andesite and a felsic dike.

OSK-W-19-1603-W5 intersected 4.96 g/t Au over 2.0 metres, 266 g/t Au over 2.0 metres, 19.0 g/t Au over 2.0 metres, 7.08 g/t Au over 2.2 metres and 9.85 g/t Au over 2.2 metres in Triple 8. The first interval consists of trace pyrite stringers and 2% pyrite in pervasive silica flooding in a moderate sericite and weak silica altered and bleached rhyolite. The second interval consists of 1% disseminated and stringer pyrite in a moderate andesite (the grade is usually high for this type of host, investigations are on-going). The third interval consists of local visible gold and 15% disseminated, clustered and stringer pyrite and 1% chalcopyrite clusters with quartz-carbonate veins hosted at the contact between a moderate sericite altered and bleached gabbro and an andesite. The fourth interval consists of 3% pyrite stringers and 1% pyrite clusters in a moderate biotite and weak sericite altered bleached and foliated porphyritic felsic dike. The fifth interval consists of 15% disseminated, clustered and stringer pyrite, local disseminated chalcopyrite with smoky quartz veins, and quartz-tourmaline veins in a moderate sericite and strong silica altered porphyritic felsic dike.

OSK-W-19-1783-W3 intersected 5.48 g/t Au over 2.6 metres, 6.65 g/t Au over 2.4 metres, and 4.49 g/t Au over 2.5 metres in Triple 8. The first interval consists of 4% pyrite stringers, 6% disseminated pyrite, and 2% disseminated and stringer pyrrhotite in a moderate sericite and silica altered andesite. The second interval consists of local visible gold with a quartz-carbonate vein, 5% disseminated, clustered and stringer pyrite, and 2% pyrite-pyrrhotite stringers in a moderate sericite and weak chlorite altered porphyritic felsic dike. The third interval consists of trace disseminated and stringer pyrite with quartz-carbonate veins in a moderate sericite altered porphyritic felsic dike.

OSK-W-19-1835-W3 intersected 3.06 g/t Au over 2.3 metres, 3.43 g/t Au over 2.0 metres, 3.33 g/t Au over 2.0 metres, 4.04 g/t Au over 2.0 meters and 4.85 g/t Au over 10.1 metres in Underdog. The first interval consists of 50% semi-massive to massive pyrite and 10% clustered and stringer pyrite with quartz veins in a strong silica altered andesite. The second interval consists of 8% disseminated pyrite in a weak silica-sericite altered porphyritic felsic dike. The third interval consists 15% disseminated pyrite with ptygmatic tourmaline veins in a moderate silica-sericite altered porphyritic felsic dike. The four interval consists of 3% disseminated pyrite and trace pyrite stringers in a weak silica-sericite altered porphyritic felsic dike. The fifth interval consists of 15% pyrite stringers and 5% disseminated pyrite hosted in moderate sericite and altered and bleached fragmental felsic intrusion.

OSK-W-19-1867 intersected 3.26 g/t Au over 2.7 metres in F-51. Mineralization consists of 1% disseminated pyrite hosted in a moderate sericite-silica-carbonate and weak fuchsite altered rhyolite.

OSK-W-19-1882 intersected 7.60 g/t Au over 2.4 metres in Underdog. Mineralization consists of 5% disseminated pyrite and trace chalcopyrite stringers with pervasive silica flooding hosted in a moderate sericite porphyritic felsic dike.

OSK-W-19-1933 intersected 3.40 g/t Au over 2.0 metres and 4.53 g/t Au over 2.1 metres in Caribou and 3.96 g/t Au over 3.5 metres and 4.91 g/t Au over 2.7 metres in Zone 27. The first interval consists of 10% pyrite stringers hosted in a moderate sericite and weak silica altered porphyritic felsic dike. The second interval consists of 8% pyrite stringers and clusters hosted in a moderate sericite altered and bleached andesite. The third interval consists of 7% pyrite stringers and 3% pyrite clusters hosted in a moderate sericite-silica altered porphyritic felsic porphyritic dike. The fourth interval consists of 3% pyrite stringers and 1% pyrite clusters in a moderate sericite altered porphyritic dike.

OSK-W-19-1942-W2 intersected 4.81 g/t Au over 2.2 metres in Lynx. Mineralization consists of 2% pyrite stringers and 1% disseminated pyrite hosted in a moderate sericite altered rhyolite.

OSK-W-19-1963-W2 intersected 6.24 g/t Au over 2.0 metres in Lynx. Mineralization consists of 5% disseminated and stringer pyrite in a moderate chlorite altered, foliated and weakly bleached porphyritic felsic dike.

OSK-W-19-1963-W6 intersected 23.8 g/t Au over 3.9 metres and 3.94 g/t Au over 2.2 metres in Lynx. The first interval consists of up to 3% disseminated, stringer, clustered, and fragmented pyrite, up to 3% sphalerite, and local silver, arsenopyrite and chalcopyrite with pervasive silica flooding hosted in a moderate to strong silica and moderate sericite altered rhyolite with breccia texture. The second interval consists of up to 5% disseminated, stringer, and clustered pyrite with pervasive silica flooding and smoky quartz veinlets, and trace pyrite with ptygmatic tourmaline veins and quartz-carbonate veinlets hosted in a moderate to strong chlorite-sericite and moderate silica altered rhyolite.

OSK-W-19-1965 intersected 114 g/t Au over 2.5 metres in Windfall North. Mineralization consists of local visible gold with a crustiform quartz-carbonate vein and 5% pyrite stringers in a moderate silica-sericite and weak fuchsite altered and bleached andesite.

OSK-W-19-1969 intersected 3.06 g/t Au over 2.0 metres in Lynx. Mineralization consists of trace disseminated pyrite with quartz-carbonate veins in a weak sericite altered porphyritic felsic dike.

OSK-W-19-1973 intersected 5.29 g/t Au over 2.3 metres, 4.37 g/t Au over 2.9 metres, 4.51 g/t Au over 2.0 metres in Caribou and 5.91 g/t Au over 2.8 metres in Zone 27. The first interval consists of local visible gold, trace pyrite, chalcopyrite and molybdenite, and trace tourmaline veinlets and quartz-carbonate veins hosted in weak chlorite and moderate hematite altered andesite. The second interval consists of 1% disseminated pyrite and 1% pyrite with quartz-carbonate veins in a moderate silica and weak sericite altered andesite. The third interval consists of 3% pyrite stringers, trace pyrrhotite with local tourmaline ptygmatic veinlets, and disseminated pyrite in a moderate sericite altered and bleached gabbro at the contact with porphyritic felsic dike. The fourth interval consists of 2% pyrite in tourmaline ptygmatic vein and 1% pyrite stringers in a moderate sericite altered, bleached and foliated andesite.

OSK-W-19-1988 intersected 9.52 g/t Au over 2.2 metres, 5.97g/t Au over 2.2 metres, 6.17 g/t Au over 2.2 metres and 6.02 g/t Au over 4.0 metres in Triple 8. The first interval consists of 15% pyrite clusters, 5% pyrite-tourmaline stringers, 1% interstitial pyrrhotite, and local sphalerite hosted in a strong silica and moderate chlorite and biotite altered andesite. The second interval consists of 5% pyrite stringers and 2% pyrite clusters in a moderate silica-chlorite and weak sericite altered porphyritic dike. The third interval consists of 6% pyrite stringers with pervasive silica flooding, trace disseminated pyrrhotite and chalcopyrite in a moderate silica and foliated basalt. The fourth interval consists of 9% pyrite stringers and 1% pyrite clusters in a weak sericite-silica altered dacite.

OSK-W-19-1988-W1 intersected 9.05 g/t Au over 2.0 metres and 5.66 g/t Au over 2.0 metres in Triple 8. The first interval consists of local visible gold, 35% disseminated, clustered and stringer pyrite, 1% sphalerite stringers, and 1% sphalerite with a smoky quartz vein hosted in a moderate chlorite and weak silica altered and bleached andesite. The second interval consists of trace disseminated pyrite hosted in a moderate silica-carbonate and weak sericite altered porphyritic felsic dike.

OSK-W-19-1993 intersected 5.14 g/t Au over 2.4 metres in F-11. Mineralization consists of 1% disseminated pyrite in a moderate chlorite-carbonate altered andesite.

OSK-W-19-1995 intersected 4.16 g/t Au over 2.3 metres and 12.2 g/t Au over 2.5 metres in Caribou. The first interval consists of 2% pyrite stringers, quartz ±tourmaline veins, 1% pyrite clusters and trace disseminated pyrite in a moderate sericite altered rhyolite. The second interval consists of 1% pyrite stringers and trace disseminated pyrite in a moderate sericite porphyritic felsic dike.

OSK-W-19-1996 intersected 3.67 g/t Au over 2.1 metres in Bobcat. Mineralization consists of trace disseminated and stringer pyrite in a weak sericite altered porphyritic felsic dike.

OSK-W-19-1998 intersected 12.6 g/t Au over 3.1 metres in F-11. Mineralization consists of trace disseminated pyrite in a moderate chlorite altered andesite.

OSK-W-19-2001 intersected 16.8 g/t Au over 2.4 metres and 7.81 g/t Au over 2.3 metres in F-11. The first interval consists of local visible gold with trace pyrite clusters, 7% disseminated and stringer pyrite hosted in a weak silica altered and bleached andesite. The second interval consists of local visible gold, trace pyrite clusters with local carbonate-quartz blebs in a weak silica altered andesite.

OSK-W-19-2019 intersected 17.5 g/t Au over 2.0 metres in F-11. Mineralization consists of trace disseminated pyrite with quartz-carbonates veins in a moderate chlorite-carbonate altered andesite.

OSK-W-19-2020 intersected 3.95 g/t Au over 2.1 metres in Bobcat. Mineralization consists of 1% ptygmatic tourmaline veins and 2% disseminated pyrite in a moderate sericite-chlorite and weak silica altered gabbro.

OSK-W-19-2021 intersected 4.08 g/t Au over 2.0 metres in F-11. Mineralization consists of 2% disseminated pyrite in a moderate sericite-carbonate altered andesite.

OSK-W-19-2024 intersected 12.9 g/t Au over 2.0 metres and 4.24 g/t Au over 2.0 metres in F-11. The first interval consists of trace pyrite with quartz-carbonate veins in a moderate chlorite altered andesite. The second interval consists of 4% disseminated, clustered and stringer pyrite with quartz-carbonate veinlets in a bleached andesite.

OSK-W-19-2027 intersected 4.46 g/t Au over 6.0 metres and 3.20 g/t Au over 2.6 metres in F-11. Mineralization in both intervals consists of up to 7% disseminated and stringer pyrite in a bleached andesite.

OSK-W-19-2031 intersected 14.9 g/t Au over 2.2 metres in Bobcat. Mineralization consists of 5% pyrite stringers, 3% disseminated pyrite, 1% pyrite clusters quartz tourmaline veins, and quartz carbonate veins hosted in a moderate silica and weak sericite altered fragmental felsic intrusion.

OSK-W-19-2055 intersected 12.4 g/t Au over 2.2 metres and 7.50 g/t Au over 2.1 metres in F-51. The first interval consists of local visible gold, 5% pyrite stringers, 4% disseminated and clustered pyrite with pervasive silica flooding hosted in a moderate sericite and bleached basalt. The second interval consists of 4% disseminated pyrite, 3% pyrite stringers, and 2% pyrite clusters with local quartz-carbonate veinlets hosted in a moderate sericite altered porphyritic felsic dike.

OSK-W-19-2061 intersected 4.72 g/t Au over 2.0 metres in Lynx. Mineralization consists of 3% disseminated pyrite in a faulted and bleached andesite with moderate carbonate and strong sericite alteration.

OSK-W-19-2066 intersected 59.1 g/t Au over 2.2 metres in F-51. Mineralization consists of 5% disseminated, clustered, and stinger pyrite with quartz-carbonate veinlets in a breccia zone with moderate sericite and strong silica alteration and trace pyrite-tourmaline stringers hosted is a strong silica altered gabbro.

OSK-W-19-2067 intersected 3.16 g/t Au over 2.0 meters in Triple Lynx. Mineralization consists of 2% pyrite stringers and 3% disseminated pyrite in a moderate chlorite and weak silica-sericite altered rhyolite.

OSK-W-19-2067-W4 intersected 3.70 g/t Au over 4.3 metres, 6.88 g/t Au over 3.5 metres, 12.2 g/t Au over 3.0 metres, 5.46 g/t Au over 2.5 metres, 15.4 g/t Au over 3.6 metres and 5.56 g/t Au over 5.0 metres in Triple Lynx. The first and second intervals consist of up to 2% disseminated pyrite, 1% pyrite clusters and stringers in a weak chlorite-sericite to locally moderate silica altered rhyolite. The third interval consists of trace disseminated and stringer pyrite in a weak sericite altered rhyolite. The fourth interval consists of 5% disseminated and clustered pyrite, 1% sphalerite, and trace galena with smoky quartz veins hosted in a weak sericite altered porphyritic dike at the contact with a weak sericite altered rhyolite. The fifth interval consists of 3% pyrite stringers with tourmaline ptygmatic veins in a weak sericite altered porphyritic dike. The last interval consists of trace disseminated pyrite and trace sphalerite-pyrite stringers in a weak sericite altered rhyolite.

OSK-W-19-2068 intersected 4.17 g/t Au over 2.2 metres in Lynx. Mineralization consists of 1% pyrite in a massive sulfide vein hosted in a moderate sericite and silica altered rhyolite.

OSK-W-19-2080 intersected 8.68 g/t Au over 2.0 metres, 28.2 g/t Au over 3.6 metres and 5.09 g/t Au over 2.3 metres in F-51. The first interval consists of 3% pyrite stringers in a moderate silica and weak sericite altered gabbro. The second and third intervals consist of 5% pyrite stringers, 1% disseminated pyrite, 2% pyrite clusters with quartz-tourmaline veins with pervasive silica flooding, and local crustiform quartz-carbonate veins. All three intervals are hosted in a strong silica and moderate sericite altered gabbro in contact with a felsic dike.

OSK-W-19-2081 intersected 44.7 g/t Au over 2.3 metres in Bobcat. Mineralization consists of 1% interstitial pyrite and trace pyrite with quartz-tourmaline veins in a weak silica-sericite altered fragmental felsic intrusion.

OSK-W-19-2082 intersected 5.11 g/t Au over 3.0 metres in Bobcat. Mineralization consists of 5% pyrite stringers hosted in weak silica altered and bleached porphyritic felsic intrusion.

OSK-W-19-2083 intersected 3.67 g/t Au over 2.0 metres in Caribou. Mineralization consists of 20% pyrite stringers in a strong sericite altered and bleached rhyolite.

OSK-W-19-2086 intersected 6.76 g/t Au over 2.0 metres in F-51. Mineralization consists of 3% pyrite stringers and 2% pyrite clusters with quartz-tourmaline veins hosted in a weak silica altered fragmental felsic intrusion in contact with a moderate chlorite altered gabbro.

OSK-W-19-2087 intersected 4.59 g/t Au over 2.0 metres in F-51. Mineralization consists of 2% disseminated, clustered, and stringer pyrite and 1% interstitial pyrite hosted in a moderate sericite-fuchsite and weak silica altered, bleached and brecciated gabbro.

OSK-W-19-2100-W4 intersected 9.80 g/t Au over 2.5 metres in Triple Lynx. Mineralization consists of 1% pyrite-tourmaline veinlets and 2% pyrite with silica flooding and quartz veins at the contact between a weak sericite and moderate silica altered rhyolite and a porphyritic felsic dike. This interval confirms the extension of Triple Lynx 50 metres above and to the northeast of hole OSK-W-19-2100 (9.23 g/t Au over 8.0 metres, see Osisko press release dated December 18, 2019).

OSK-W-19-2101 intersected 9.33 g/t Au over 3.7 metres in Triple Lynx. Mineralization consists of 3% pyrite in a quartz-tourmaline veins, up to 2% pyrite with stockwork texture, up to 1% disseminated, clustered, and stringer pyrite with quartz-carbonate veins hosted in a weak sericite-silica-chlorite altered rhyolite. This interval confirms the extension of Triple Lynx 50 metres up-plunge of OSK-W-19-2077 (10.7 g/t Au over 6.0 metres, see Osisko press release dated October 21, 2019).

OSK-W-19-2104 intersected 3.13 g/t Au over 2.7 metres in F-11. Mineralization consists of trace disseminated pyrite in a weak sericite altered porphyritic felsic dike.

OSK-W-19-2107-W2 intersected 12.2 g/t Au over 2.1 metres in Lynx and 3.82 g/t Au over 2.0 metres in Triple Lynx. The first interval consists of local visible gold, 5% disseminated and stringer pyrite as well as pyrite stringers with smoky quartz veins and tourmaline-pyrite veinlets hosted in a moderate sericite altered fragmental felsic intrusion. The second interval consists of trace disseminated and stringer pyrite in a weak sericite altered and foliated rhyolite.

OSK-W-19-2108-W2 intersected 6.50 g/t Au over 2.3 metres in Triple Lynx. Mineralization consists of up to 10% pyrite ±tourmaline stringers and trace sphalerite with pervasive silica flooding hosted in a rhyolite with moderate sericite and strong silica alteration with several small fragmental felsic dikes.

OSK-W-19-2120-W3 intersected 3.33 g/t Au over 2.4 metres in Lynx. Mineralization consists of 5% disseminated pyrite in a moderate sericite-silica-fuchsite altered rhyolite.

OSK-W-19-2139 intersected 6.93 g/t Au over 7.4 metres, 106 g/t Au over 4.0 metres and 3.19 g/t Au over 2.0 metres in Triple Lynx. The first interval consists of trace disseminated pyrite with quartz veins in a weak sericite and silica altered rhyolite. The second interval consists of local visible gold, 30% semi-massive pyrite and 10% disseminated pyrite with dismembered smoky quartz veins hosted in a weak to moderate silica altered rhyolite. The third interval consists of 1% disseminated and stringer pyrite in a weak silica-sericite altered rhyolite.

OSK-W-19-2139–W2 intersected 22.9 g/t Au over 2.3 metres, 4.99 metres over 2.1 metres, 3.03 g/t Au over 2.0 metres and 5.66 g/t Au over 2.3 metres in Triple Lynx. The first interval consists of 3% pyrite-tourmaline stringers, 2% pyrite clusters and trace disseminated sphalerite hosted in a strongly silicified rhyolite. The second interval consists of 1% pyrite stringers, 2% pyrite clusters with a quartz carbonate vein, and trace ptygmatic tourmaline veins hosted in a moderate sericite and silica altered rhyolite. The third interval consists of 1% disseminated pyrite and trace pyrite stringers in a weak sericite altered rhyolite. The fourth interval consists of 5% pyrite clusters and local disseminated sphalerite in a moderate silica-sericite altered rhyolite.

OSK-W-19-2160 intersected 3.37 g/t Au over 2.0 metres in Lynx. Mineralization consists of trace disseminated pyrite in a weak carbonate altered gabbro.

OSK-W-19-2170 intersected 35.5 g/t Au over 2.7 metres, 3.96 g/t Au over 2.1 metres and 44.7 g/t Au over 3.2 metres in Triple Lynx. The first interval consists of 2% pyrite with tourmaline ptygmatic veinlets, 5% pyrite stringers and trace chalcopyrite clusters hosted in a moderate to strong fuchsite and weak sericite altered gabbro. The second interval consists of 5% pyrite stringers and 1% disseminated pyrite with weak silica and sericite alteration at the contact between a rhyolite and a porphyritic felsic dike. The third interval consists of local visible gold and 5% disseminated pyrite with pervasive silica flooding in a moderate silica altered rhyolite in the contact with a porphyritic felsic dike. Theses three intervals confirm the extension of Triple Lynx 70 metres toward the surface and to the north-east.

OSK-W-19-2178 intersected 13.4 g/t Au over 2.3 metres in Lynx. Mineralization consists of 2% pyrite stringers, 2% pyrite with quartz tourmaline veins, and 1% pyrite clusters in a moderate chlorite altered gabbro.

OSK-W-19-2181 intersected 4.11 g/t Au over 2.1 metres and 10.2 g/t Au over 2.6 metres in Lynx. The first interval consists of 3% disseminated, clustered, and stringer pyrite with crustiform quartz-carbonate and quartz-tourmaline veinlets hosted in a moderate sericite altered rhyolite at the contact with a moderately bleached and weak sericite altered andesite. The second interval contains up to 16% clustered and disseminated pyrite with local stockwork texture and smoky quartz veinlets, and 4% disseminated and clustered pyrite with quartz-tourmaline veinlets hosted in a moderate silica and weak sericite altered rhyolite.

OSK-W-19-2183 intersected 8.41 g/t Au over 2.1 metres in Lynx. Mineralization consists of 10% disseminated and stringer pyrite, and 2% chalcopyrite clusters with quartz or quartz-carbonate veins hosted in a moderate sericite-silica-fuchsite altered and foliated gabbro.

OSK-W-19-2184 intersected 18.0 g/t Au over 2.4 metres in Lynx. Mineralization consists of local visible gold, up to 4% disseminated pyrite and with pervasive silica flooding, and 2% pyrite stringers hosted in a weak to strong silica and weak sericite altered rhyolite.

OSK-W-19-2186 intersected 14.4 g/t Au over 2.1 metres and 6.42 g/t Au over 2.0 metres in Lynx. The first interval consists of trace disseminated and clustered pyrite with local pervasive silica flooding hosted in a weak sericite and silica altered rhyolite. The second interval consists of 4% disseminated, clustered, and stringer pyrite in a moderate silica and weak sericite altered fragmental felsic intrusion.

OSK-W-19-2188 intersected 5.01 g/t Au over 2.1 metres and 7.50 g/t Au over 2.0 metres in Lynx. The first interval consists of 2% disseminated, stringer, and clustered pyrite with pervasive silica flooding hosted in a moderate silica and weak sericite altered rhyolite. The second interval consists of 5% disseminated and clustered pyrite with pervasive silica flooding and 2% pyrite stringers hosted in a weak to moderate silica and weak sericite altered rhyolite.

OSK-W-19-2191 intersected 5.68 g/t Au over 2.4 metres in Lynx. Mineralization consists of 2% disseminated, clustered, and stringer pyrite with pervasive silica flooding hosted in a moderate silica and weak sericite altered rhyolite.

OSK-W-19-2193 intersected 4.29 g/t Au over 2.2 metres in Lynx. Mineralization consists of local visible gold, up to 10% disseminated and clustered pyrite with pervasive silica flooding, and 2% pyrite stringers hosted in a weak to moderate sericite altered fragmental felsic intrusion.

OSK-W-19-2195 intersected 18.8 g/t Au over 2.1 metres in Lynx. Mineralization consists of 1% pyrite stringers and trace disseminated pyrite in a moderate chlorite-carbonate altered and bleached gabbro.

WST-19-0029 intersected 3.65 g/t Au over 2.0 metres in Zone 27. Mineralization consists of trace disseminated pyrite in a strong sericite and weak fuchsite altered rhyolite. WST-19-0029 was drilled from underground drill station AN-140-270-S located 140 metres below surface from section 2575E.

WST-19-0030 intersected 3.33 g/t Au over 2.0 metres and 7.91 g/t Au over 2.0 metres in Zone 27. The first interval consists of 3% pyrite stringers with quartz-tourmaline veins in a moderate sericite altered porphyritic felsic dike. The second interval consists of 1% pyrite clusters and with quartz-carbonates veins, 5% pyrite stringers with quartz-tourmaline veins, and 1% pyrite stringers and clusters in a moderate chlorite altered andesite at the contact with a moderate sericite-chlorite altered porphyritic felsic dike. WST-19-0030 was drilled from underground drill station AN-140-270-S located 140 metres below surface from section 2575E.

WST-19-0033 intersected 6.24 g/t Au over 2.5 metres in Zone 27. Mineralization consists of 10% disseminated, clustered, and stringer pyrite with quartz-tourmaline veins in a moderate silica-chlorite and weak fuchsite altered gabbro at the contact with a moderate sericite altered rhyolite. WST-19-0033 was drilled from underground drill station AN-140-270-S located 140 metres below surface from section 2575E.

WST-19-0076 intersected 3.22 g/t Au over 2.3 metres in Zone 27. Mineralization consists of 20% pyrite in stockwork and semi-massive bands in a strong silica and moderate sericite altered rhyolite at the contact with a porphyritic felsic dike. WST-19-0076 was drilled from underground drill station AN-150-200-E located 150 metres below surface from section 2475E.

WST-19-0160A intersected 8.04 g/t Au over 3.6 metres in Zone 27. Mineralization consists of 30 to 70% pyrite and tourmaline ptygmatic veinlets hosted in a moderate sericite altered and bleached andesite. WST-19-0160A was drilled from underground drill station AN-195-225-E located 195 metres below surface from section 2400E.

WST-19-0161A intersected 8.71 g/t Au over 4.0 metres and 18.5 g/t Au over 9.0 metres in Zone 27. The first interval consists of 15% disseminated pyrite with quartz-carbonate veins in a moderate sericite altered and bleached andesite. The second interval consists of 15% disseminated pyrite and 1% chalcopyrite in a moderate silica and weak sericite altered porphyritic felsic dike. WST-19-0161A was drilled from underground drill station AN-195-225-E located 195 metres below surface from section 2400E.

WST-19-0162 intersected 5.85 g/t Au over 4.0 metres in Zone 27. Mineralization consists of 20% disseminated pyrite in a moderate sericite and weak silica altered and bleached andesite. WST-19-0162 was drilled from underground drill station AN-195-225-E located 195 metres below surface from section 2400E.

WST-19-0183 intersected 3.92 g/t Au over 2.0 metres in Zone 27. Mineralization consists of 40% semi-massive pyrite in a moderate sericite and weak silica altered porphyritic felsic dike. WST-19-0183 was drilled from underground drill station AN-140-270-S located 140 metres below surface from section 2575E.

WST-19-0184 intersected 4.41 g/t Au over 2.0 metres in Zone 27. Mineralization consists of 35% semi-massive pyrite hosted in a moderate silica altered rhyolite. WST-19-0184 was drilled from underground drill station AN-140-270-S located 140 metres below surface from section 2575E.

WST-19-0186 intersected 4.17 g/t Au over 2.0 metres in Zone 27. Mineralization consists of 3% disseminated pyrite in a weak silica altered rhyolite. WST-19-0186 was drilled from underground drill station AN-140-270-S located 140 metres below surface from section 2575E.

WST-19-0187 intersected 6.02 g/t Au over 2.1 metres in Zone 27. Mineralization consists of 1% pyrite in quartz-carbonate veins, trace pyrite-tourmaline stringers, and 2% disseminated, clustered, and stringer pyrite hosted in a weak silica altered and bleached andesite. WST-19-0187 was drilled from underground drill station RA-195-225-O located 185 metres below surface from section 2250E.

WST-19-0188 intersected 3.46 g/t Au over 5.05 metres in Caribou and 4.93 g/t Au over 2.0 metres and 76.6 g/t Au over 2.1 metres in Zone 27. The first interval consists of 10% pyrite stringers in a weakly bleached porphyritic felsic dike. The second interval consist of 20% disseminated and trace pyrite with tourmaline ptygmatic veins hosted in moderately bleached andesite. The third interval consists of 25% disseminated pyrite with pervasive silica flooding and 5% pyrite stringers hosted in a strong silica altered and brecciated porphyritic felsic intrusion. WST-19-0188 was drilled from underground drill station RA-195-225-O located 185 metres below surface from section 2250E.

WST-19-0189 intersected 8.22 g/t Au over 2.0 metres and 3.08 g/t Au over 2.1 metres in Zone 27. The first interval consists of 2% pyrite stringers in a weak silica-sericite altered porphyritic felsic dike. The second interval consists of 10% pyrite-tourmaline stringers, 5% fragmental pyrite, and 2% disseminated, clustered, and stringer pyrite hosted in a weak sericite altered porphyritic felsic dike. WST-19-0189 was drilled from underground drill station RA-195-225-O located 185 metres below surface from section 2250E.

WST-19-0190 intersected 3.42 g/t Au over 3.4 metres in Zone 27. Mineralization consists of 4% pyrite tourmaline ptygmatic veins and 1% disseminated pyrite in a weak silica altered porphyritic felsic dike. WST-19-0189 was drilled from underground drill station RA-195-225-O located 185 metres below surface from section 2250E.

WST-19-0191 intersected 9.13 g/t Au over 2.2 metres in Zone 27. Mineralization consists of 3% disseminated pyrite, 2% pyrite-tourmaline stringers and 5% pyrite stringers hosted in moderate silica altered and bleached andesite. WST-19-0191 was drilled from underground drill station RA-195-225-O located 185 metres below surface from section 2250E.

WST-19-0192 intersected 3.31 g/t Au over 2.3 metres in Caribou, 9.05 g/t Au over 2.8 metres and 7.08 g/t Au over 2.3 metres in Zone 27. The first interval consists of 15% pyrite-tourmaline stringers and trace disseminated pyrite in a moderate sericite, weak silica altered and strongly bleached andesite. The second interval consists of 3% pyrite with quartz-tourmaline veinlets, 3% disseminated pyrite with quartz veins, and 2% pyrite stringers hosted in moderate sericite altered porphyritic felsic dike. The third interval consists of 10% pyrite and pyrite-tourmaline stringers hosted in a moderate sericite altered porphyritic felsic dike. WST-19-0192 was drilled from underground drill station RA-195-225-O located 185 metres below surface from section 2250E.

WST-19-0193 intersected 3.34 g/t Au over 2.0 metres in Caribou and 9.26 g/t Au over 2.5 metres in Zone 27. The first interval consists of 10% pyrite-tourmaline stringers in a moderate sericite and weak silica altered porphyritic felsic dike. The second interval consists of 7% disseminated pyrite with quartz-carbonate veins and pyrite-tourmaline stringers hosted in a moderate silica-sericite and weak fuchsite altered gabbro. WST-19-0193 was drilled from underground drill station RA-195-225-O located 195 metres below surface from section 2325E.

WST-19-0194 intersected 6.42 g/t Au over 2.1 metres in Zone 27. Mineralization consists of trace disseminated pyrite in a moderate chlorite and weak silica-sericite altered rhyolite. WST-19-0210 was drilled from underground drill station RA-195-225-O located 195 metres below surface from section 2325E.

WST-19-0210 intersected 7.30 g/t Au over 2.0 metres in Lynx. Mineralization consists of trace disseminated pyrite in a moderate chlorite and weak silica-sericite altered rhyolite. WST-19-0210 was drilled from underground drill station AN-225-190-O located 225 metres below surface from section 3425E.

WST-19-0214 intersected 6.72 g/t Au over 2.3 metres in Caribou. Mineralization consists of 5% pyrite stringers and 2% pyrite clusters with weak local silica alteration hosted in a moderate sericite altered rhyolite. WST-19-0214 was drilled from underground drill station AN-140-270-S located 140 metres below surface from section 2575E.

WST-19-0219 intersected 3.98 g/t Au over 2.0 metres in Caribou. Mineralization consists of trace disseminated and stringer pyrite hosted in a moderate silica altered porphyritic felsic dike. WST-19-0219 was drilled from underground drill station BF-160-150-S located 160 metres below surface from section 2400E.

WST-19-0220 intersected 8.46 g/t Au over 2.1 metres in Zone 27 and 4.01 g/t Au over 2.1 metres, and 5.24 g/t Au over 2.0 metres in Caribou. The first interval consists of trace disseminated and clustered pyrite in a moderate sericite altered gabbro. The second interval consists of 3% pyrite stringers and trace sphalerite hosted in a moderate sericite and weak silica altered porphyritic felsic dike. The third interval consists of 6% pyrite stringers with silica flooding hosted in a moderate sericite and silica altered rhyolite. WST-19-0220 was drilled from underground drill station BF-160-150-S located 160 metres below surface from section 2400E.

WST-19-0221 intersected 14.5 g/t Au over 2.0 metres in Caribou. Mineralization consists of 3% pyrite stringers with silica flooding hosted in a moderate sericite altered rhyolite. WST-19-0221 was drilled from underground drill station BF-160-150-S located 160 metres below surface from section 2400E.

WST-19-0222A intersected 4.52 g/t Au over 2.0 metres, 6.66 g/t Au over 2.0 metres, 3.07 g/t Au over 2.4 metres and 83.8 g/t Au over 2.1 metres in Caribou. The first interval consists of 5% pyrite stringers in stockwork and 1% disseminated pyrite in a moderate sericite and strongly silica altered rhyolite and porphyritic felsic dike. The second interval consists of trace pyrite stringers in a moderate sericite altered porphyritic dike. The third interval consists of trace pyrite stringers and 1% pyrite with quartz-carbonate veins in a moderate silica-sericite-chlorite altered porphyritic felsic dike. The fourth interval consists of local visible gold, 2% disseminated chalcopyrite and pyrite with quartz-tourmaline veins and 1% disseminated pyrite hosted in a moderate sericite altered porphyritic felsic dike. WST-19-0222A was drilled from underground drill station AN-150-200-E located 150 metres below surface from section 2475E.

WST-19-0223 intersected 3.46 g/t Au over 2.0 metres in Caribou. Mineralization consists of 3% disseminated, clustered and stringer pyrite with quart-tourmaline veinlets and tourmaline ptygmatic veinlets hosted in a moderate sericite altered porphyritic felsic dike at the contact with a moderate sericite altered rhyolite. WST-19-0223 was drilled from underground drill station AN-150-200-E located 150 metres below surface from section 2475E.

WST-19-0224 intersected 12.6 g/t Au over 5.1 metres in Caribou. Mineralization consists of 20% disseminated, clustered and stringer pyrite hosted in a strongly silica and moderate sericite altered porphyritic felsic intrusion. WST-19-0224 was drilled from underground drill station AN-150-200-E located 150 metres below surface from section 2475E.

WST-19-0225 intersected 4.64 g/t Au over 2.3 metres in Caribou. Mineralization consists of 2% pyrite clusters and 1% pyrite stringers hosted in a bleached rhyolite. WST-19-0225 was drilled from underground drill station AN-150-200-E located 150 metres below surface from section 2475E.

WST-19-0226 intersected 46.4 g/t Au over 2.4 metres in Zone 27. Mineralization consists of 10% pyrite clusters and 3% pyrite stringers hosted in a moderate sericite altered rhyolite. WST-19-0226 was drilled from underground drill station AN-140-270-S located 140 metres below surface from section 2575E.

WST-19-0227 intersected 26.7 g/t Au over 2.0 metres and 3.18 g/t Au over 2.0 metres in Caribou. The first interval consists of 25% pyrite in semi-massive bands and 2% pyrite ±tourmaline veinlets in a strong silica altered faulted rhyolite. The second interval consists of 20% pyrite stringers with a quartz-tourmaline vein hosted in a moderate silica and sericite altered and faulted rhyolite.WST-19-0227 was drilled from underground drill station AN-140-270-S located 140 metres below surface from section 2575E.

WST-19-0244 intersected 8.22 g/t Au over 3.3 metres, 21.1 g/t Au over 2.0 metres and 26.9 g/t Au over 3.4 metres in Lynx. The first interval consists of local visible gold in a smoky quartz vein hosted in a moderate sericite and weak silica altered fragmental felsic intrusion. The second interval consists of local visible gold and 3% disseminated pyrite with pervasive silica flooding hosted in a moderate sericite-fuchsite and locally strong silica altered rhyolite. The third interval consists of 5% pyrite stringers and trace chalcopyrite with local dismembered pseudo-crustiform veins hosted in a moderate sericite-silica-fuchsite altered rhyolite. WST-19-0244 was drilled from underground drill station AN-195-265-S located 195 metres below surface from section 3500E.

WST-19-0245 intersected 8.54 g/t Au over 2.8 metres in Lynx. Mineralization consists of local visible gold and 5% pyrite stringers in a dismembered smoky quartz vein hosted in a moderate sericite and weak silica altered fragmental felsic intrusion. WST-19-0245 was drilled from underground drill station AN-195-265-S located 195 metres below surface from section 3500E.

WST-19-0246 intersected 3.55 g/t Au over 2.1 metres in Lynx. Mineralization consists of 1% pyrite stringers with dismembered smoky quartz veinlets hosted in a moderate sericite and weak silica altered rhyolite. WST-19-0246 was drilled from underground drill station AN-195-265-S located 195 metres below surface from section 3500E.

WST-19-0247 intersected 29.8 g/t Au over 2.0 metres in Lynx. Mineralization consists of local visible gold and 8% disseminated and stringer pyrite associated with smoky quartz veins hosted in a fragmental felsic intrusion with moderate to strong silica alteration. WST-19-0247 was drilled from underground drill station AN-195-265-S located 195 metres below surface from section 3500E.

WST-19-0248 intersected 5.76 g/t Au over 2.5 metres in Lynx. Mineralization consists of 5% disseminated pyrite within a smoky quartz vein in a fragmental felsic intrusion with moderate to strong silica alteration. WST-19-0248 was drilled from underground drill station AN-195-265-S located 195 metres below surface from section 3500E.

WST-19-0250 intersected 4.02 g/t Au over 2.0 metres, 30.2 g/t Au over 2.6 metres, 3.05 g/t Au over 2.3 metres and 8.30 g/t Au over 2.0 metres in Lynx. The first interval consists of local visible gold, 2% disseminated pyrite, and trace pyrite and sphalerite in fracture filling with pervasive silica flooding hosted in a weak silica-fuchsite and moderate sericite altered fragmental felsic intrusion. The second interval consists of local visible gold and 3% disseminated pyrite with pervasive silica flooding hosted in a moderate sericite altered fragmental felsic intrusion. The third interval consists of 3% disseminated pyrite and trace pyrite stringers in a moderate sericite altered fragmental felsic intrusion. The last interval consists of local visible gold and 1% pyrite in a 4-centimetre wide vein hosted in a moderate sericite and weak silica altered fragmental felsic intrusion. WST-19-0250 was drilled from underground drill station RA-180-190-E located 195 metres below surface from section 3450E.

WST-19-0251 intersected 135 g/t Au over 2.5 metres in Lynx. Mineralization consists of local visible gold, 2% pyrite clusters and trace sphalerite with weak pervasive silica flooding hosted in a weak sericite altered fragmental felsic intrusion. WST-19-0251 was drilled from underground drill station RA-180-190-E located 180 metres below surface from section 3450E.

WST-19-0252 intersected 7.31 g/t Au over 2.1 metres, 8.78 g/t Au over 2.2 metres and 6.29 g/t Au over 2.1 metres in Lynx. Mineralization in all three intervals consists of local visible gold, up to 15% pyrite, and local sphalerite with pervasive silica flooding hosted in a moderate sericite and moderate to strong silica altered fragmental felsic intrusion. WST-19-0252 was drilled from underground drill station RA-180-190-E located 180 metres below surface from section 3450E.

WST-19-0253 intersected 38.4 g/t Au over 2.3 metres, 8.32 g/t Au over 2.1 metres, and 7.49 g/t Au over 2.4 metres in Lynx. The first interval consists of local visible gold, 20% pyrite, and 1% sphalerite with pervasive silica flooding hosted in a strong silica altered and moderate sericite altered fragmental felsic unit. The second interval consists local visible gold, trace electrum, 10% pyrite and 1% sphalerite with pervasive silica flooding hosted at the contact between a moderate silica altered porphyritic felsic intrusion with a moderate sericite altered rhyolite. The third interval consists of trace disseminated and stringer pyrite in a weak sericite altered and strongly faulted rhyolite. WST-19-0253 was drilled from underground drill station RA-180-190-E located 180 metres below surface from section 3450E.

WST-19-0254 intersected 17.1 g/t Au over 2.4 metres and 5.84 g/t Au over 2.6 metres in Lynx. The first interval consists of 5% pyrite and 1% sphalerite with pervasive silica flooding in a moderate silica and fuchsite altered fragmental felsic dike. The second interval consists of 5% pyrite with pervasive silica flooding hosted at the moderately silicified contact between a fragmental felsic intrusion and a rhyolite. WST-19-0254 was drilled from underground drill station RA-180-190-E located 180 metres below surface from section 3450E.

WST-19-0263 intersected 4.26 g/t Au over 2.3 metres and 8.46 g/t Au over 2.5 metres in Lynx. Mineralization in both intervals consists of local visible gold in pervasive silica flooding and 5% disseminated, clustered, and stringer pyrite hosted in a moderate sericite altered fragmental intrusion. WST-19-0263 was drilled from underground drill station AN-195-265-S located 195 metres below surface from section 3500E.

WST-19-0272 intersected 9.29 g/t Au over 2.4 metres in Lynx. Mineralization consists of 4% pyrite stringers and clusters at the contact with a moderately bleached rhyolite and a moderate fuchsite altered gabbro. WST-19-0272 was drilled from underground drill station BM-200-285-S located 200 metres below surface from section 3525E.

WST-19-0273A intersected 77.7 g/t Au over 2.1 metres in Lynx. Mineralization consists of 1% disseminated pyrite in a moderate silica and sericite altered and weakly faulted rhyolite. WST-19-0273A was drilled from underground drill station BM-200-285-S located 200 metres below surface from section 3525E.

WST-19-0276 intersected 17.8 g/t Au over 2.4 metres and 6.38 g/t Au over 2.1 metres in Lynx. Mineralization in both intervals consists of local visible gold, 7% disseminated and stringer pyrite in pervasive silica flooding with local quartz-tourmaline veins hosted in a strong silica and moderate to strong sericite altered rhyolite and the contact with a moderate silica and chlorite altered gabbro. WST-19-0276 was drilled from underground drill station BM-200-285-S located 200 metres below surface from section 3525E.

WST-19-0277 intersected 4.91 g/t Au over 2.3 metres in Lynx. Mineralization consists of 7% disseminated and clustered pyrite within a quartz-tourmaline veins and pyrite stringers with dismembered quartz veinlets hosted in a strong silica and moderate sericite and fuchsite altered gabbro with local bleaching. WST-19-0277 was drilled from underground drill station BM-200-285-S located 200 metres below surface from section 3525E.

WST-19-0278 intersected 7.27 g/t Au over 2.0 metres in Lynx. Mineralization consists of 5% disseminated and clustered pyrite with pervasive silica flooding and quartz-tourmaline veins hosted at the contact between a strong silica and moderate chlorite and fuchsite altered gabbro and a strong silica and moderate sericite altered rhyolite. WST-19-0278 was drilled from underground drill station BM-200-285-S located 200 metres below surface from section 3525E.

Qualified Person

Quality Control and Reporting Protocols

About the Windfall Lake Gold Deposit

About Osisko Mining Inc.

Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall Lake gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding the Urban Barry area and nearby Quévillon area (over 2,700 square kilometres).

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. The information in this news release about the Windfall Lake gold deposit being one of the highest grade resource-stage gold projects in Canada; the significance of results from the new infill drilling and ongoing drill definition and expansion program at the Windfall Lake gold project; the significance of assay results presented in this news release; the deposit remaining open along strike and at depth; potential depth extensions of the mineralized zones down-plunge and at depth; the actual mineralization of local visible gold; the current drill program; the type of drilling included in the drill program; potential mineralization; the potential to extend mineralization up and down-plunge and at depth at the Windfall Lake gold deposit; the ability to realize upon any mineralization in a manner that is economic; the ability to complete any proposed exploration activities and the results of such activities, including the continuity or extension of any mineralization; and any other information herein that is not a historical fact may be “forward-looking information”. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward- looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Corporation at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Osisko to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors 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 Osisko to complete further exploration activities, including drilling; property interests in the Windfall Lake gold project; the ability of the Corporation to obtain required approvals and complete transactions on terms announced; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions. Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information, Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

For further information please contact:
John Burzynski
President and Chief Executive Officer
Telephone: (416) 363-8653

OSISKO MINING INC. DECREASES EQUITY INTEREST IN GENERATION MINING LIMITED

Posted on January 9, 2020November 8, 2023 by Yannick Fradette

Toronto, Ontario (January 9, 2020) – Osisko Mining Inc. (TSX: OSK) (the “Corporation“) announces that, through a series of trades ending on January 8, 2020, it disposed of an aggregate of 966,500 common shares (“Common Shares“) of Generation Mining Limited (“Generation Mining“) through the facilities of the Canadian Securities Exchange for aggregate cash consideration of $416,433.50 (or average cash consideration of $0.43086 per Common Share) (the “Disposition“). The Disposition, together with previous actions taken by Generation Mining to increase the outstanding Common Shares of Generation Mining as a result of treasury issuances, triggered the requirement to file this report under National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 61-103 – The Early Warning System and Related take-Over Bid and Insider Reporting Issues.

Immediately prior to the Disposition, the Corporation had beneficial ownership of, or control and direction over, (i) 8,928,500 Common Shares, representing approximately 9.8% of the number of issued and outstanding Common Shares (being 91,501,439 Common Shares), and (ii) 4,464,250 common share purchase warrants of Generation Mining (“Warrants“), representing, together with the 8,928,500 Common Shares held by the Corporation, approximately 14.0% of the issued and outstanding Common Shares on a partially-diluted basis (i.e., giving effect only to the exercise of the 4,464,250 Warrants held by the Corporation).

Immediately following the Disposition, the Corporation had beneficial ownership of, or control and direction over, (i) 7,962,000 Common Shares, representing approximately 8.7% of the number of issued and outstanding Common Shares (being 91,501,439 Common Shares), and (ii) 4,464,250 Warrants, representing, together with the 7,962,000 Common Shares held by Osisko, approximately 12.9% of the issued and outstanding Common Shares on a partially-diluted basis (i.e., giving effect only to the exercise of the 4,464,250 Warrants held by the Corporation).

The Corporation disposed of 966,500 Common Shares to realize a positive return on its investment in Generation Mining, and intends to review, on a continuous basis, various factors related to its investment in Generation Mining, and may decide to purchase or dispose of additional securities of Generation Mining as future circumstances may dictate.

This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated January 9, 2020. The early warning report respecting the Disposition has been filed on the System for Electronic Document Analysis and Review (www.sedar.com) under Generation Mining’s issuer profile. To obtain a copy of the early warning report filed by the Corporation, please contact John Burzynski at (416) 363-8653 or refer to the System for Electronic Document Analysis and Review (www.sedar.com) under Generation Mining’s issuer profile.

For further information on the Corporation please contact:

John Burzynski
President & Chief Executive Officer
Telephone: (416) 363-8653

The Corporation’s head office is located at 155 University Avenue, Suite 1440, Toronto, Ontario M5H 3B7.

OSISKO ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID

Posted on December 19, 2019November 8, 2023 by Yannick Fradette

(Toronto, December 20, 2019) Osisko Mining Inc. (TSX:OSK) (the “Corporation” or “Osisko“) today announces renewal of the normal course issuer bid program of the Corporation to purchase for cancellation, from time to time over a 12-month period, common shares of the Corporation (“Common Shares“) listed on the Toronto Stock Exchange (“TSX“) in an aggregate amount of up to 10% of the “public float” of the Corporation (the “NCIB Program“), being 18,415,707 Common Shares.

Repurchases under the NCIB Program may commence on January 2, 2020 and will terminate on January 1, 2021 or on such earlier date as the NCIB Program is complete. Purchases of Common Shares under the NCIB Program will be made in Canada through the facilities of the TSX and other alternative Canadian trading systems, in accordance with the rules of the TSX. Daily purchases will be limited to 138,139 Common Shares, other than block purchase exemptions, representing 25% of the average daily trading volume of the Common Shares on the TSX for the six month period ending November 30, 2019, being 552,558 Common Shares.

The price that the Corporation may pay for any Common Shares purchased under the NCIB Program will be the prevailing market price at the time of purchase and any Common Shares purchased by the Corporation will be cancelled. The actual number of Common Shares repurchased under the NCIB Program and the timing of such repurchases will be at Osisko’s discretion and shall be subject to the limitations set out in the TSX Company Manual.

The board of directors of Osisko believes that the underlying value of the Corporation may not be reflected in the market price of the Common Shares from time to time and that, accordingly, the purchase of Common Shares will increase the proportionate interest in the Corporation of, and be advantageous to, all remaining shareholders of the Corporation.

As of December 19, 2019, there were 289,677,909 Common Shares issued and outstanding, and the Corporation had a public float of 184,157,070 Common Shares.

Osisko has appointed BMO Nesbitt Burns Inc. to make any purchases under the NCIB Program on its behalf. The commencement of the NCIB Program is subject to TSX approval.

During the prior NCIB Program of the Corporation, which commenced on January 2, 2019 and will terminate on January 1, 2020, Osisko had approval to acquire up to 14,251,609 Common Shares, but nil Common Shares were acquired.

About Osisko Mining Inc.

Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding the Urban Barry area and nearby Quévillon area (over 2,700 square kilometres).

Forward-looking statements

This press release contains forward-looking statements. These forward-looking statements, by their nature, require the Corporation 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. 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 including the fact that the Corporation “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential”, “scheduled” and similar expressions or variations (including negative variations), or that events or conditions “will”, “would”, “may”, “could” or “should” occur including, without limitation, statements about the board of directors of Osisko’s belief that the NCIB Program is advantageous to shareholders and that underlying value of the Corporation may not be reflected in the market price of the Common Shares, the Corporation’s intentions regarding the NCIB Program and whether the Corporation will receive the requisite acceptance of the TSX in respect of the NCIB Program. Although Osisko believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements involve known and unknown risks, uncertainties and other factors and are not guarantees of future performance and actual results may accordingly differ materially from those in forward looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include, without limitation: fluctuations in the prices of the commodities; fluctuations in the value of the Canadian dollar relative to the U.S. dollar; regulatory changes by national and local government, including corporate law, permitting and licensing regimes and taxation policies; continued availability of capital and financing and general economic, market or business conditions; business opportunities that become available to, or are pursued by Osisko; other uninsured risks. The forward looking statements contained in this press release are based upon assumptions management believes to be reasonable, including, without limitation: the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management’s geological modelling; the ability of Osisko to complete further exploration activities, including drilling; property interests in the Windfall Lake gold project; the ability of the Corporation to obtain required approvals and complete transactions on terms announced; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions. Osisko cannot assure shareholders and prospective purchasers of securities of the Corporation that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Osisko nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information, Osisko does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

For further information, please contact Osisko Mining Inc.:

John Burzynski
President and Chief Executive Officer
Telephone: (416) 363-8653

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Author: Yannick Fradette

OSISKO EXTENTION AND INFILL DRILLING INTERSECTS HIGH GRADE AT LYNX AND TRIPLE LYNX

Drill hole location

OSISKO WINDFALL RESULTS FROM DISCOVERY 1 DEEP DRILL HOLE

OSISKO WINDFALL UPDATED MINERAL RESOURCE ESTIMATE

3.50 g/t

4,127

9.1

1,206

14,532

8.4

3,938

FORM 62-103F1 EARLY WARNING REPORT

OSISKO COMPLETES DISCOVERY 1 DEEP DRILL HOLE

OSISKO MINING INC. DECREASE EQUITY INTEREST IN GENERATION MINING LIMITED

OSISKO MINING INC. DECREASE EQUITY INTEREST IN GENERATION MINING LIMITED

OSISKO INTERSECTS HIGH-GRADE AT WINDFALL

Drill hole location

OSISKO MINING INC. DECREASES EQUITY INTEREST IN GENERATION MINING LIMITED

OSISKO ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID

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