Osisko Metals Participates in a $250,000 Donation to UNB for the Creation of the Osisko Field Education Fund
TSX VENTURE: OM
MONTREAL, Oct. 10, 2018 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: 0B51) is pleased to announce that it has joined forces with Osisko Gold Royalties Ltd and Osisko Mining Inc. to create the Osisko Field Education Fund for the Earth Sciences Department at the University of New Brunswick (“UNB”), and together have donated $250,000 to the It Begins Here campaign, the largest fundraising effort ever undertaken by UNB.
Together alongside alumni, students, faculty, staff and corporate and community members, UNB surpassed its $110 million goal by raising $125 million dollars. The momentous fundraising campaign was dedicated to ensuring that students have the financial support they need to obtain a quality university education. This is a transformational event for the university.
The Osisko Field Education Fund is an effort that will yield a direct benefit to students within the Earth Sciences program, helping to reduce the cost of UNB’s stratigraphy and geological mapping field school courses. The courses will therefore become more accessible while supporting the university’s high standard of excellence in Earth Sciences.
Jeff Hussey, President & CEO of Osisko Metals comments, “We are extremely happy to be part of this effort that will ensure that tomorrow’s students reap the same rewards from a UNB education that I have enjoyed as a UNB graduate.”
The Company would like to address an arithmetical error within its press release dated October 9, 2018. Hole EM-18-PP-152 should have read, “intersected 4.22% Zinc and 2.56% Lead (6.78% Zinc + Lead) over 8.20 metres”.
About Osisko Metals
Osisko Metals is a Canadian exploration and development company creating value in the base metal space with a focus on zinc mineral assets. The Company controls Canada’s two premier historical zinc mining camps, namely the Pine Point Mining Camp (“PPMC”) located in the Northwest Territories (22,000 ha) and the Bathurst Mining Camp (“BMC”), located in northern New Brunswick (63,000 ha). The Company is currently drilling in both camps for a combined total 100,000 metre drill program. The focus of these programs is to upgrade historical resources to NI43-101 standards and also to pursue exploration around historical deposits. Brownfield exploration includes innovative 3D compilation techniques, updated geological interpretation, and modern geophysics. In Québec, the Company owns 42,000 hectares that cover 12 grass-root zinc targets that will be selectively advanced through exploration. In parallel, Osisko Metals is monitoring several base metal-oriented peers for opportunities.
|For further information on Osisko Metals, visit www.osiskometals.com or contact:|
President & CEO
Osisko Metals Incorporated
Director, Investor Relations
Osisko Metals Incorporated
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