About

Name: Osisko Metals Inc.
Tickers: 🇨🇦 OM 🇺🇸 OMZNF 🇩🇪 0B51
Commodity: Zinc, Copper
Jurisdiction: Canada
Stage: Exploration, Development
Market Cap: $65M CAD

Osisko Metals Incorporated is a is a joint venture partner with Appian Capital Advisory LLP for the advancement of one of Canada’s premier past-producing zinc mining camps, the Pine Point Project, located in the Northwest Territories, for which the 2022 PEA (as defined herein) has indicated an after-tax NPV of C$602 million and an IRR of 25%, based on long-term zinc price of US$1.37/lb and the current mineral resource estimates that are amenable to open pit and shallow underground mining. 

In addition, the Company acquired in July 2023, from Glencore Canada Corporation, a 100% interest in the past-producing Gaspé Copper Project, located near Murdochville in the Gaspé peninsula of Québec. The Company is currently focused on resource evaluation of the Copper Mountain Deposit that hosts the updated Mineral Resource Estimate described herein.  Gaspé Copper hosts the largest undeveloped copper resource in Eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

Interview

This is an Osisko Metals CEO Interview with Robert Wares.