OSK
posted on
Aug 05, 2010 08:14AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Osisko, Clifton drill 25.2 m of 7.54 g/t Au Osisko, Clifton drill 25.2 m of 7.54 g/t Au Osisko Mining Corp (C:OSK) Also Clifton Star Resources Inc (C:CFO) News Release Mr. Robert Wares of Osisko reports OSISKO AND CLIFTON STAR REPORT 7.54 G/T AU OVER 25 METRES AT DUPARQUET Osisko Mining Corp. and Clifton Star Resources Inc. have released results from twenty-six additional holes from the 2010 drill program at the Duparquet Project, located in the Abitibi region of Quebec. Drilling is focused on three properties: Beattie, Donchester (eastern extension of Beattie) and Duquesne. The current Phase I drill program comprises 66,000 metres of drilling on the Beattie property (of the overall 2010 Duparquet Project drilling campaign planned for 120,000 metres). To date approximately 98 percent from Phase I have been completed with 197 holes. A Phase two drilling program of 21,000 metres has begun on the Donchester Property. The property-wide drill program is progressing on schedule with 10 drills currently on site. Additional results are expected to be received and released on a regular basis as they become available from the lab. Significant new intersections from the new drill holes listed below (from the Beattie property) include 25.2 metres averaging 7.54 g/t Au (BD10-147 uncut, 25.2 metres averaging 4.10 g/t Au cut), and 38.0 metres averaging 1.51 g/t Au (BD10-167). Assay results are summarized in the table below:
Ticker Symbol: C:OSK C:CFO
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Last Close 8/4/2010 $13.45
Thursday August 05 2010 - News Release