04:51 PM EST, 12/06/2024 (MT Newswires) -- Osisko Metals ( OMZNF ) after close Friday said it acquired a group of 199 claims adjacent to its Gaspe Copper Project.
Osisko acquired the claims for five-million shares and the grant of a 2% net smelter return royalty, half of which can be repurchased for $2 million.
The claims cover additional ground near the Gaspe Copper project, including claims over potential tailings storage areas, and exploration targets to the north and south of the current property.