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OSISKO INTERSECTS 330.6 METRES AVERAGING 0.46% Cu IN SOUTHERN EXTENSION AT GASPÉ

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Executive Summary

Osisko Metals Incorporated has announced encouraging drill results from its Gaspé Copper Project located in the Gaspé Peninsula of Eastern Quebec. The company's latest drilling campaign has successfully extended mineralization in the southern portion of the deposit, with drill hole DDH 30-1115 intersecting 330.6 metres averaging 0.46% copper. Within this broader intersection, a higher-grade zone of 33.0 metres averaging 1.28% copper was identified, demonstrating the presence of enriched copper zones within the deposit.

These results are significant for Osisko Metals as they demonstrate the continuity and extent of copper mineralization beyond the previously defined resource boundaries. The southern extension drilling appears to be successfully expanding the known mineralized footprint of the Gaspé project, which could potentially add to the overall resource base. The combination of both broad, lower-grade mineralization and higher-grade zones suggests a robust copper system with multiple mining scenarios.

The timing of these results comes at a favorable period for copper projects, as the metal continues to be viewed as critical for the global energy transition and electrification trends. The Gaspé Peninsula location provides good infrastructure access and proximity to established mining regions in Quebec. For Osisko Metals, these results support the ongoing development case for the Gaspé Copper Project and may enhance the project's economics as the company advances toward feasibility studies.

The successful expansion of mineralization in the southern extension indicates potential for further resource growth through continued exploration. This could be particularly valuable as Osisko Metals works to optimize the project's development timeline and mining plan, potentially extending mine life and improving project returns through the identification of additional copper resources in this emerging zone.
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