- Osisko Mining released additional drill results from its Golden Bear discovery last week, with multiple intercepts exhibiting high grades, confirming that discovery hole UB-21-232 was not a lucky hit.
- So far, results at Golden Bear have averaged ~1.8 meters of ~15 grams per tonne gold, despite this being scout drilling, given that it's a new target.
- It's still early to suggest that Golden Bear will be a meaningful discovery, but these additional results are quite encouraging, adding another regional target to Osisko's arsenal.
- Given Osisko Mining's scarcity as a high-grade developer in a Tier-1 jurisdiction, I see this sharp pullback below US$2.15 as a low-risk buying opportunity.
For further details see:
Osisko Mining: Recent Results Confirm New Discovery North Of Windfall