Osisko Metals Provides Outlook for 2018

MONTREAL, QUEBEC--(Marketwired - Feb. 12, 2018) - Osisko Metals Incorporated (the "Company" or "Osisko Metals") (TSX VENTURE:OM)(FRANKFURT:0B5) is pleased to present a summary of its 2017 corporate milestones and its outlook for 2018.

Jeff Hussey, President and CEO, remarked: "2017 was a very successful year for Osisko Metals and we look forward to 2018 on many different fronts. Consolidating one of Canada's largest historical zinc mining camps in Bathurst, New Brunswick, was a major move for the Company, as well was attracting a management team that is both knowledgeable and experienced in exploration and development of base metals assets. We also successfully raised sufficient capital to finance our programs and lastly, we initiated the acquisition of Pine Point, Canada's once most profitable zinc mining camp in the southern Northwest Territories. I would like to thank all of our stakeholders for their support during this exciting first year as Osisko Metals and look forward to a new year of milestones as we remain committed to creating shareholder value."

2017 Highlights

• The Company consolidated over 63,000 hectares within the Bathurst Mining Camp (BMC) in New Brunswick - historically Canada's largest and longest operating zinc camps - making Osisko Metals the largest landowner of this highly prospective region. Among these claims, the Company acquired the majority of the Brunswick Belt, which covers significant portions of the strike length that hosted both the former Brunswick No.12 and No.6 mines, and offers some of the most prolific geology in the Bathurst Camp.
  
  The Company also successfully signed a number of key agreements to purchase groups of claims hosting significant historical deposits, namely Key Anacon, Mount Fronsac, Flat Landing Brook, Gilmour South, Camel Back and Louvicourt. In September of 2017, Osisko Metals began an aggressive Phase 1 diamond drill program focused on resource definition and expansion of a number of these historical deposits.
  
  The latest acquisition in the BMC, Key Anacon and Key Anacon East, are exciting targets for Osisko Metals. The property is host to a high grade historical deposit - a total of 1.87 million tonnes grading 6.93% Zn, 2.63% Pb, 0.16% Cu, and 84 g/t Ag - and has seen limited exploration work since its initial discovery in the 1950s. A 1993 press release by Rio Algom reported a 19.9 m interval in DDH 93-42 grading 7.86% Zn, 3.58% Pb, 0.33% Cu and 78 g/t Ag within mineralized interval grading 3.38% Zn, 1.35% Pb, 0.75% Cu an (d 40.94 g/t Ag over 82.3 metres at the East Zone. Drilling in the East Zone was never incorporated into the historical resource estimate and represents an excellent exploration target for Osisko Metals.