Osisko Metals has initiated a 50,000-meter drill program at its recently acquired Pine Point properties in the southern Northwest Territories, Canada. The Pine Point district was mined by Cominco from 1964 to 1987, with about 64 million metric tons (mt) of ore produced from as many as 46 separate open pits and two underground mines on a 35-km-long trend at an overall average grade of 7% zinc and 3.1% lead.
Osisko acquired the properties by acquiring Pine Point Mining Ltd. in a transaction that was announced in December and closed in February.
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