Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
QUEBEC – They don’t call it “Windfall” Lake for nothing. The latest windfall from the property was made by Osisko Mining of Toronto. Drilling returned 83.9 g/t gold over 5.3 metres – an almost unheard of length for such a high grade.
And that’s not all. The same hole, OSK-W-18-1731 in the Lynx zone, also returned 89.3 g/t gold over 2.4 metres.
Other holes were almost as promising: OSK-W-18-1728-W1 returned 56.3 g/t gold over 3.3 metres; hole 1738 returned 29.3 g/t over 2.9 metres; hole 1508 returned 27.2 g/t over 2.6 meters; hole 1754 returned 23.7 g/t over 2.9 metres; and hole 1762 returned 13.5 g/t over 4.7 metres.
Osisko plans to release an updated Windfall Lake resource estimate next year. The company is also taking a bulk sample from zone 27, and the preliminary results are on schedule to be available before the end of December.
The property is 100 km east of Lebel-Sur-Quévillon. Maps showing hole locations and full analytical results are available at www.OsiskoMining.com.
This story first appeared on www.canadianminingjournal.com.
