10:58 AM EST, 02/10/2025 (MT Newswires) -- Osisko Metals ( OMZNF ) was edging up at last look on Monday after saying the 2025 drill program is underway at its Gaspe Copper project, in eastern Quebec.

The 110,000-metres drill program is designed to convert existing inferred resources into indicated or measured resource categories and validate new geological models. A further 10,000 metres of drilling outside the main mining concession will test regional exploration targets on surrounding claims, a statement noted.

Drilling is expected to end by November.

"This program aims to confirm existing open-pit resources and potentially expand them based on a new geological model for distribution of primary copper mineralization at Gaspe Copper. This intensive drill program will lead to an updated mineral resource estimate, slated to be released in Q2 2026," said Robert Wares, chief executive.

Osisko Metals ( OMZNF ) was last seen up $0.01, to $0.32, on the TSX Venture Exchange/

Price: 0.32, Change: +0.01, Percent Change: +1.59