Osisko Development reports new exploration results at Tintic Project

Osisko Development Corp. has provided an update on its exploration initiatives at the 100%-owned Tintic Project in central Utah, USA. The project is situated in the historic East Tintic Mining District.

Recent surface and underground diamond drilling, along with chip sampling, has targeted potential copper-gold-molybdenum porphyry centers and polymetallic carbonate replacement deposits. "Early results from our systematic exploration approach are yielding valuable information in assisting with vectoring toward potential mineralized porphyry sources," stated Chris Lodder, President of Osisko Development. He also highlighted Utah's recent top ranking as a global mining jurisdiction by the Fraser Institute.

Two surface diamond drill holes, BH-DD-24-001 and BH-DD-24-002, were completed at the Big Hill target area. These holes intersected porphyry systems over a vertical depth of approximately 1,500 meters. Anomalous copper and molybdenum mineralization was encountered, along with minor chalcopyrite and molybdenite, primarily along structures and hydrothermal breccias. However, the porphyries found to date are considered weakly mineralized and potentially later-stage, not likely representing the primary source for the district's known mineralization.

The results suggest that the early, potentially more mineralized intrusive phase might be located in an untested area west and southwest of the current drilling at Big Hill. This newly identified target area, Big Hill West, is considered to hold promise for significant discoveries based on the geological setting.