Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX: OM, OTC: OMZNF; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce the appointment of Jeff Hussey, P.Geo., as the company’s Chief Operating Officer, effective immediately.
Mr. Hussey, P.Geo., has more than 40 years of professional experience in the exploration and mining industry. He has worked in both surface mining and underground operations at various stages of my life, from mine start-up to closure. Mr. Hussey holds a Bachelor of Science in Geology from the University of New Brunswick.
Jeff has been a director of the company since 2017 and has held various management positions at Osisko Metals, most recently as CEO of the company’s subsidiary, Pine Point Mining Limited. Jeff has resigned from the board of directors of Osisko Metals and will continue to support Pine Point Mining Limited in addition to his role as COO of the company, focusing on all technical aspects of the development of the design concept for the Gaspé Copper project during the economic evaluation, permitting and start-up phases.
Robert Wares, Chief Executive Officer of Osisko Metals, said: “We are pleased to have Jeff rejoin the management team as the company continues to develop its flagship Gaspé Copper Project.”
About Osisko Metals
Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The company acquired a 100% interest in Glencore Canada Corporation’s past-producing Gaspé copper mine in July 2023. The Gaspé Copper Mine is located near Murdochville on Québec’s Gaspé Peninsula. The company is currently focused on expanding the Gaspé Copper system’s resources to include power Declared mineral resources of 824 Mt average 0.34% CuEq and inferred mineral resources of 670 Mt average 0.38% CuEq (in accordance with NI 43-101). For more information, see Osisko Metals’ press release dated November 14, 2024 entitled “Osisko Metals Announces Significant Increase in Mineral Resources at Gaspé Copper.” Gaspé Copper is home to the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.
In addition to the Gaspé Copper project, the company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada’s largest historical zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of: Indicated mineral resources of 49.5 Mt averaging 5.52% ZnEq and inferred mineral resources of 8.3 Mt averaging 5.64% ZnEq (in accordance with NI 43-101). For more information, see Osisko Metals’ press release dated June 25, 2024 entitled “Osisko Metals Releases Pine Point Mineral Resource Estimate: 49.5 Million Tonnes of Indicated Resources at 5.52% ZnEq.” The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved access roads, an electrical substation and 100 kilometers of viable transportation roads.
For more information about this press release, please visit www.osiskometals.com or contact:
Don Njegovan, Chairman
E-mail: info@osiskometals.com
Phone: 416-500-4129
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