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Osisko Metals cuts 18.50% zinc + lead over 10.00 meters at Pine Point

MONTREAL, Might 16, 2019 (GLOBE NEWSWIRE) – Partial Metals Included ("Company" or "Osisko Metals") (TSX-V: OM; FRANKFURT: OB51; OTCQX: OMZNF) is pleased to announce extra configuration results for 53 drills & # 39 made within the L-27, L-30 and N-32EXT areas of the East Mill area at Pine Point Mining Camp (PPMC). Highlights embrace the drill hole EM-18-PP-403, which cuts 14.66% zinc and 3.84% lead over 10.00 meters and gap EM-18-PP-291, which cuts eight.99% zinc and a couple of.38 % lead over three.25 meters. (See EMZ L27 Map )

All intersections are situated on a planar table-shaped deposit and are situated at a depth of 8 to 33 meters. The drill hole composites and site details are shown in Tables 1 and a couple of.

The 2018-2019 drilling program was aimed at changing Cominco Ltd's unclassified close by close by historical assets into present mineral assets and increasing regionally recognized areas of mineralization. The original 2018 mineral resource, which was rated 4.5.4% zinc and 1.85% lead, was counted using a historic drilling method using the primary 317 drill holes in 1031 holes drilled by Osisko Metals through the 2018 and 2019 marketing campaign. These latest East Mill Zone drill holes weren’t not included on this 2018 Mineral Estimate

The East Mill Zone extends 7.6 kilometers alongside the stroke and has eight deposits, of which three Comincon quarries are situated 1.7 kilometers from the current substation and the previous manufacturing unit that runs along the primary street. Cominco produced 3,417,550 tonnes of three,4% zinc and 1,0% lead within the L-37 nicely, 262 170 tonnes 2,8% zinc and 1,1% lead in the L-30 nicely and 350 870 tonnes 5.5% zinc and a couple of.2% lead from underground M-40 mine. Reported NI43-101 Japanese Mill Area Complete Values ​​5.50 Million tonnes three.76% Zinc and 1.30% Lead

Osisko Metals
Osisko Metals is a Canadian search and improvement agency that creates value for zinc -mineraalivaroihin. The company oversees Canada's two most necessary historic zinc mining camps: the Pine Point Mining Camp (PPMC), situated on the south shore of the Nice Slave Lake within the Northwest, close to the well-established infrastructure, the paved motorway and 100 km of mining roads and substations. PPMC at present has a NI43-101-evaluated mineral useful resource with a 38.4 Mt score of four.58% zinc and 1.85% lead, making it the most important zinc-containing zinc deposit in Canada (see SEDAR modified technical report for more info). The 2018-2019 drill holes which were absolutely examined can be included in the database in an effort to publish a new useful resource estimate for H2 2019. The PPMC is situated on the southern shore of the Nice Slave Lake within the Northwest, close to the infrastructure and paved by street and already 100 kilometers away. Bathurst Mining Camp ("BMC"), situated within the northern a part of New Brunswick, the place NI43-101 signifies mineral assets, is assessed as 1.96 MB of 5.77% zinc, 2.38% lead, 0.22% copper and 68.9 g / t silver (9.00% ZnEq) and Main Mineral Assets 3.85MB rated 5.34% zinc, 1.49% lead, zero.32% copper and 47.7g / t silver (7.96% ZnEq) Key In the Anacon and Gilmour southern conservatories. In Quebec, the company has 42,000 hectares masking 12 grassroots levels that selectively transfer in 2019. The company announced these mineral assets on December 6, 2018, and in line with the instructions of NI43-101, an unbiased qualified individual related to resource assessment is Pierre-Luc Richard, P. Geo of BBA Inc.

BMC, the abovementioned and confirmed mineral resource corresponds to the national instrument 43-101 requirements. The company introduced these mineral assets on February 20, 2019, and the useful resource evaluation of an unbiased certified individual, as outlined in the NI43-101 tips, is from Pierre Desautels, P. Geo. www.sedar.com

Stanley G. Clemmer, P. Geo., Registered in the Northwest, is the chief geologist of Pine Point Mining Restricted, a. An entirely owned subsidiary of Osisko Metals Included. He’s a professional individual liable for the technical knowledge reported on this press launch

High quality Assurance / High quality Control

Osisko Metals follows a stringent quality assurance and quality management program for core processing, sampling, transport of samples, and laboratory testing. The Pine Point drill primary samples have been safely transported to its nuclear power plant at Hay River, in the Northwest, the place they have been recorded and sampled. Samples selected for the assay have been delivered by protected transport to the Yellowknife manufacturing plant at ALS Canada Ltd. Pulps have been analyzed at ALS Canada Ltd, North Vancouver, British Columbia. All samples are analyzed by four acid digestion followed by both ICP-AES and ICP-MS for detection of the ultra-chain in a multi-element package deal with a base metallic higher restrict of 1%. Samples reporting more than 1% to Zn and 1% Pb are analyzed by digestion of the 4 acids of the assay class and by ICP-AES analysis, with an upper detection limit of 30% and 20%. Samples reporting Zn> 30% and or Pb> 20% are analyzed by typical titration.

Table 1: Composite Assay Outcomes

Hole Identify Region From – 19659015] Real Width Zinc Lead Lead + Zinc (meters) (meters) (meters) (meters) (meters)

% EM-18-PP-229 L-30 No vital results EM-18-PP-230 L-30 18.00 ] 19.00 1.00 1.00 2.15 0.24 2.38 EM-18-PP-249 L-30 15.00 21.00 6.00 [19659030] four.24 7.61 0.29 7.90 EM-18-PP -250 L-30 36.00 38.00 2.00 1.41 2.59 0.01 2.59 EM-18-PP-261 L-30 No vital outcomes EM-18-PP-262 L-30 Vital results E M-18 -PP-263 L-30 12.52 14.17 1.65 1.17 1.22 zero.18 1 , 40 EM-18-PP-264 L-30 8.00 9.00 1.00 1.00 1.47 ] 1.39 2.85 EM-18-PP-264 L-30 [196] 59028] 12.00 14.00 2.00 2.00 1.57 zero.10 1.67 EM-18-PP- 265 L-30 11.00 [19659030] 13.00 2.00 2.00 1.46 0.39 1.85 [19659027] EM-18-PP-266 L-30 10.40 10.95 zero.55 0.55 6.90 zero, 26 7.16 EM-18-PP-266 L-30 23.30 25.95 2.65 2.65 [19659039] 1.60 zero.06 1.66 EM-18-PP-266 L-30 17.20 17.80 0.60 [19659028] 0.60 16.50 2.05 18.55 EM-18-PP-267 L-30 11.90 [19659030] 15 18 three.28 three.28 1.73 0.30 2.03 EM-18-PP-267 L-30 7.90 9.90 2.00 2.00 2.74 0.84 3.58 EM-18-PP-268 [19659028] L-30 13.00 14.05 1.05 1.05 [19659039] 1.51 0.45 1.96 EM-18-PP-268 L-30 16.00 18.00 2.00 2.00 1.24 0.12 [19659028] 1.36 EM-18-PP-268 L-30 8.46 9.40 zero.94 zero.94 1, 50 3.46 4.96 [19659029] EM-18-PP-269 L-30 9.57 10.07 0.50 0.50 2.09 0.24 2.33 EM-18-PP-270 L-30 11.00 13.50 [265 2.27 0.85 3.13 EM-18-PP-271 L-30 12, 19659028. 00 13.95 1.95 1.95 0.47 [19659030] zero.65 1.12 EM-18-PP-272 L-30 25.85 26.85 1.00 1.00 2.62 0.21 2.83 [1965902] 7] EM-18-PP-273 L-30 No vital outcomes EM-18-PP-274 L-30 14.65 15.82 [19659028] 1.17 1.17 2.85 0.25 three.10 EM-18-PP-275 L-30 Not vital outcomes EM-18-PP-276 [19659030] L-30 No vital outcomes EM-18-PP-277 L-30 13.50 15, 50 2.00 1.81 zero.08 zero.07 zero.49 zero.57 EM-18-PP-278 L-30 No vital outcomes EM-18-PP-279 L-30 8.11 eight.61 0.50 zero.50 [19659037] 1.54 8.45 9.99 EM-18-PP-280 L-30 31.00 33.00 2, 19 00 [19659030] 2.00 three.69 0.61 4.30 EM-18-PP-281 [19659030] L-30 18.00 18.71 zero.71 zero.71 12.90 1.91 14.81 EM-18-PP-282 L-30 [19659030] 16.97 19.33 2.36 2 , 36 eight.01 1.48 9.49 EM-18-PP-283 L-30 L-30 19659029] EM-18 -PP-283 L-30 No vital results EM-18-PP-284 L-30 21.16 22.16 1.00 19659030] 1.00 0.94 zero.25 1.19 EM-18-PP-285 L-27 7.95 eight.50 0.55 zero.55 0.10 5.74 5.83 EM-18-PP-285 L-27 14.55 18.51 3.96 three.96 3.24 zero.87 [19659030] 4.11 EM-18-PP -286 L-27 16.61 18.33 1.72 1.72 2.42 zero.29 2.70 EM-18-PP-287 L-27 28.75 29.40 [19659030] zero.65 zero , 65 3.55 0.01 3.56 EM-18-PP-287 L-27 23.55 24.92 1.37 1.37 2.53 0.09 2.62 EM-18-PP-288 L-27 22.75 25.75 3.00 three.00 5.01 [19659030] 0.70 5.72 EM-18-PP-289 L -27 32.20 33.00 0.80 zero.80 5.58 1.19 6.77 EM-18 -PP-289 L-27 14.75 19.00 four.25 four.25 8.13 zero.12 8 , 25 Work 18-PP-290 L-27 No vital outcomes EM-18-PP-291 L-27 15.15 18 , 40 3.25 3.25 19659039] eight.59 2.38 10.97 EM-18-PP-292 L-27 14.44 15.44 1.00 1.00 1.46 0.77 [19659] 028] 2.23 EM-18-PP-293 L-30 No character results EM-18-PP-294 L-30 No vital results [19659027] EM-18-PP-301 L-30 15.00 18.00 ] three.00 three.00 2.23 0 , 48 2.71 EM-18-PP-302 L-30 28.33 28.91 0.58 zero.58 ] 1.25 zero.02 1.27 EM-18-PP-303 L-30 No vital outcomes EM-18-PP-304 ] L-30 No vital outcomes EM-18-PP-306 L-30 No vital outcomes EM-18-PP-307 L-30 ] No vital outcomes EM-18-PP-396 N-32EXT 19.20 21.20 2.00 2.00 four.08 1.55 5.64 EM-18 -PP-396 N-32EXT 11.90 16.35 4.45 4.45 4 45, 1965903 7] 2.29 0.35 2.64 EM-18-PP-397 [19659030N-32EXT No vital outcomes EM-18-PP-398 [1 9659030] N-32EXT 21.00 21.65 0.65 0.65 1.40 0.67 2.07 EMI 18-PP-399 N-32EXT [19659030] 9.50 12.00 2.50 2.50 zero.90 zero.34 1.24 EM-18-PP-401 N-32EXT 12.25 14.00 1.75 1.75 zero.97 [19659028] zero.16 1.12 EM-18-PP-402 N-32EXT 12.47 13.47 1.00 [19659030] 1, 19 00 0.71 0.00 0.71 EM-18-PP-403 N-32EXT 9.00 19.00 10.00 10.00 14.66 3.84 18.50 EM-18-PP-404 N-32EXT 9.30 16.00 6.70 6.70 5.42 0.81 [19659030] 6.24 EM-18-PP-405 N-32EXT 11.05 12.20 1.15 1.15 21.72 [19659028] 2.85 24.56

Desk 2: Drill Gap Collars (UTM NAD83 Zone 11)

Gap Identify Area Area Easting Northing Peak (meters) Azimuth Dip Depth (meters) EM-18-PP-229 East Mill L-30 644029.1 6752605 6752605 , zero 212.83 zero -90 45.00 45.00
45.00
-PP-230 East Mill L-30 644042.four 6752551.8 213.46 0 -90 45.00 45.00
EM-18-PP -249 East Mill L-30 644469.3 6752589.1 213.81 295 -45 45.00
EM -18-PP-250
EM-18-PP-250
Mill L-30 644492,2 6752595,5 213,90 315 -45 51.00
EM-18-PP-261 East Mill East Mill L-30 644642.3 6752660.four 213.46 0 -90 39.00
EM-18-PP-262 East Mill East Mill 19659516] 644771.four [19659030] 6752759.2 213.33 zero -45 39.00
EM-18-PP -263 East Mill L-30 L-30 644725.four 644725.four 644725.4 19659030] 213.62 335 – 45 39.00
EM-18-PP-264 East Mill L-30 644631.9 644631.9 6752723 19659030] -90 29.00
EM-18-PP-265 East Mill L-30 644667.1 6752739.2 6752739.2 6752739,2 6752739,2 214,13 19659030] -90 27.00
EM-18-PP-266 [19659028] East Mill L-30 644688.1 6752747.three 213.79 213.79 zero 30.00
EM-18-PP-267 East Mill L-30 644845.4 6752796.5 214.34 0 -90 0 [19659028] -90
EM-18-PP-268 East Mill L-30 644865.three 6752787.5 214.14 zero -90 27.00 27.00 -18-PP-269 East Mill [19659515] L-30 644890.four 6752818.7 6752818,7 [19659028] 214.50 zero -90 60.00
EM-18-PP-270 East Mill East Mill East Mill 30 644849 , 0 6752845.1 214.40 zero -90 30.00
EM-18-PP-271 East Mill East Mill [19659495] L-30 L-30 L-30 644014.three 6752545.2 213.57 zero -90 45.00
EM-18-PP-272 East Mill L-30 L-30 6440442 6752507.0 215 , 18 zero -90 45.00
EM-18-PP-273 East Mill L-30 644059.4 644059.four 644059.4 212.83 zero -90 36.00
EM-18-PP-274 East Mill ] L-30 644122.7 6752531.5 6752531.5 6752531.5 6752531.5 0 -90 -90 39 19659027] EM-18-PP-275 East Mill L-30 644177.6 6752507.7 213.77 90 -50 -50 36.00
EM-18-PP-276 East Mill L-30 644173.1 6752515.2 213.77 0 – 90 39.00
EM-18-PP-277
] East Mill L-30 644186.3 6752538.1 [19659028] 213.77 150 -65 36.00
EM-18-PP-278 East Mill 19659515] L-30 644152.three [19659028] 213.92 zero -90 30.00
EM-18-PP-279 East Mill East Mill East Mill 30 644179.8 6752558.2 213.62 0 -90 42.00
EM-18-PP-280 East Mill East Mill 644195.eight 6752568.4 213.92 zero -90 67.50
EM-18-PP-281 East Mill L-30 L-30 L-30 644854.3 6752884.four 215.40 0 -90 33.00 33.00 EM-18-PP-282 East Mill L-30 644866.6 644866.6 644866.6 214.43 0 – 90 [1 9659030] 30.00
EM-18-PP-283 East Mill L-30 644898.5 [19659028] 6752861.6 214.05 0 -90 zero -90 19659029] EM-18-PP-284 East Mill L -30 644940.eight 6752885.7 214.71 zero -90 45.00 45.00 45.00 45.00 18-PP-285 East Mill L-27 645065,6 6752912,9 214.50 zero -90 33.00 [19659027] 33.00
EM-18-PP-286 East Mill L-27 645105.5 6752917.6 213.93 0 ] -90 36.00
EM-18-PP-287
EM-18-PP-287 East Mill L-27 645076.eight 6753018.1 6753018,1 [19659028] -90 36.00
EM-18-PP-288 East Mill East Mill L-27 645056,6 [19659028] 215.40 zero -90 39.00
EM-18-PP-289 East Mill Ea st Mill 645207.three +7752971.2 213 .64 zero -90 39.00
EM-18-PP-290 East Mill L-27 645161,2 6752955,8 6752955,8 6752955,8 6752955,8] 0 -90 37.00
EM-18-PP-291 East Mill L-27 645018.8 6752848.7 214.44 214.44 ]] -90 30.00
EM-18-PP-292 East Mill L-27 645000.4 6753015.2 215.05 215.05 [19659028] 0 19659030] 39.00
EM-18-PP-293 East Mill L-30 644622.zero 6752616.0 zero -90 zero -90 19659029] EM-18-PP-294 East Mill L-30 644607.zero 6752642.0 215.00 zero -90 27.00 27.00 18-PP-301 [1965902] 8] East Mill L-30 644194.5 6752591.zero 214.46 zero -90 39.00
EM-18- PP-302 East Mill L-30 644220.6 [19659030] 6752612.0 214.39 0 -90 40.50
EM-18-PP-303 East Mill L-30 644246.9 644246.9 19659030] 213.96 zero -90 33.00
] EM-18-PP-304 East Mill L-30 644267.4 6752600.6 6752600.6 19659030] -90 -90 -90 ] 39.00
EM-18-PP-306 East Mill L-30 644367.9 6752700.1 6752700.1 6752700.1 6752700.1 19659028] 19659030] -50 45.00
EM-18-PP-307 East Mill L-30 644396.0 6752717, four 215.09 215.09 145 42.00
EM-18-PP-396 [1965] 9028] East Mill N-32EXT 643837.9 6751460.2 214.05 zero -90 0 -90 [19659027] EM-18-PP-397 East Mill N-32EXT 643860.9 6751474.6 213.82 0 -90 -90 30.00 30.00 -18-PP-398 East Mill N-32EXT 643922.7 6751543.3 213.79 zero -90 30.00
EM-18-PP-399 East Mill East Mill N-32EXT 643968.zero 6751530.1 6751530.1 213.45 0 -90 30.00
EM-18-PP-401 East Mill East Mill East Mill N -32EXT 19659516] 644003.zero 6751474.4 213.37 0 -90 30.00
EM-18-PP-402 East Mill N-32EXT N-32EXT 644052.2 [19659030] 6751498.4 213.06 zero -90 30.00
EM-18-PP-403 East Mill N-32EXT 644077.0 644077, 644077, zero 644077.0 19659030] 213.00 0 -90 30.00
EM-18-PP-404 East Mill N- 32EXT 644061.8 644061.eight 6751538.eight 6751538.8 6751538.eight 19659030] 0 -90 30.00
EM 18-PP-405 East Mill N-32EXT 643986,9 6751569,9 6751569,9 6751569,9 6751569,9 6751569,9 , 39 19659030] -90 [1 9659030] 30.00

Precautionary Statement on Future Info

This text accommodates "forward-looking information" applicable inside the which means of Canadian Securities Act, based mostly on expectations, estimates, and predictions at the date of this launch. Forward info consists of dangers, uncertainties, and other elements which will trigger actual occasions, outcomes, efficiency, prospects, and opportunities to materially differ from those expressed or implied by forward-looking info. This text's forward-looking info consists of, but just isn’t restricted to, Revenue from the Supply; Corporation, if any, timing and skill to obtain remaining approval for TSX Venture Change; Exemption from the approval of shareholders' minority shareholders and valuation requirements for every associated get together transaction in accordance with TSX Venture Trade Company MI 61-101 and 5.9; objectives, objectives or future plans; reviews on analysis outcomes and search plans. Elements which will trigger a cloth difference in precise results from such forward-looking info embrace, however are usually not restricted to, capital and operating costs that change significantly from estimates; the preliminary nature of the metallurgical check outcomes; delays in acquiring or failing to approve required public, environmental or different tasks; uncertainties associated to the supply and price of future funding; stock market modifications; inflation; fluctuations in raw material costs; delays in undertaking improvement; other risks associated to mineral exploration and improvement activities; and these risks introduced to SEDAR at www.sedar.com . Whereas the Group believes that the assumptions and elements used to organize this info for the future of this text are affordable, such info shouldn’t be used unnecessarily, as is simply the date of publication of this release, and there could be no assurance that such events occur inside the revealed timeframes or at all. The company refuses any intention or obligation to replace or assessment future info both because of new info, future occasions or in any other case as required by regulation

The reference to historic production in the neighborhood of Osisko Metals in this press launch doesn’t suggest that future mineral reserves or discoveries are economical profitable, nor does it mean that further analysis is being carried out.

Neither TSX Enterprise Trade nor its Regulatory Service Supplier (as a result of this time period is within the TSX Enterprise Trade Coverage) is liable for the adequacy or accuracy of this release. No stock trade, securities fee, or other regulatory authority has accepted or rejected the knowledge contained herein.

An image associated to this announcement is accessible at http://www.globenewswire.com/NewsRoom/AttachmentNg/38718903-760b-4fd6-925f-c73507a34c63 respect19659012] Main Emblem [19660004]]