Osisko Mining Corporation: Document Search at Canadian Malartic
November 28 2012 - 1:40PM
Marketwired
Osisko Mining Corporation ("Osisko" or the
"Corporation")(TSX:OSK)(FRANKFURT:EWX) reports that, this morning,
representatives of the ministere du Developpement durable, de
l'Environnement, de la Faune et des Parcs du Quebec ("MDDEFP")
entered the site of its Canadian Malartic mine to conduct a search.
Representatives of the MDDEFP requested and obtained documents
relating to drilling, loading and blasting activities for certain
dates between April 2011 and October 2012.
Osisko is cooperating fully with the authorities and with the
ongoing investigation. The Corporation believes that its operations
are in compliance with laws and regulations, particularly with
regard to environmental protection.
Mining operations are continuing on a normal basis.
About Osisko Mining Corporation
Osisko Mining Corporation operates the Canadian Malartic Gold
Mine in Malartic, Quebec and is pursuing exploration activities on
various properties, including the Hammond Reef Gold Project in
Northern Ontario.
The Company is listed on the Toronto Stock Exchange (TSX:OSK) in
Canada and the Deutsche Boerse (FRANKFURT:EWX) in Germany.
Forward-Looking Statements
Certain statements contained in this press release may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical fact, that address events or
developments that Osisko expects to occur, are forward looking
statements. Forward looking statements are statements that are not
historical facts and are generally, but not always, identified by
the words "expects", "plans", "anticipates", "believes", "intends",
"estimates", "projects", "potential", "scheduled" and similar
expressions, or that events or conditions "will", "would", "may",
"could" or "should" occur including, without limitation, outcome of
the investigation conducted by the MDDEFP. Although Osisko believes
the expectations expressed in such forward-looking statements are
based on reasonable assumptions, including, without limitation,
that all technical, economical and financial conditions will be met
in order to achieve such events qualified by the foregoing
cautionary note regarding forward looking statements, such
statements are not guarantees of future performance and actual
results may differ materially from those in forward looking
statements. Factors that could cause the actual results to differ
materially from those in forward-looking statements include gold
prices, access to skilled consultants, mining development and
construction personnel, results of exploration and development
activities, Osisko's limited experience with production and mining
operations, uninsured risks, regulatory framework and changes,
defects in title, availability of personnel, materials and
equipment, timeliness of government approvals, actual performance
of facilities, equipment and processes relative to specifications
and expectations, unanticipated environmental impacts on operations
market prices, continued availability of capital and financing and
general economic, market or business conditions. These factors are
discussed in greater detail in Osisko's most recent Annual
Information Form and in the most recent Management Discussion and
Analysis filed on SEDAR, which also provide additional general
assumptions in connection with these statements. Osisko cautions
that the foregoing list of important factors is not exhaustive.
Investors and others who base themselves on forward-looking
statements should carefully consider the above factors as well as
the uncertainties they represent and the risk they entail. Osisko
believes that the expectations reflected in those forward-looking
statements are reasonable, but no assurance can be given that these
expectations will prove to be correct and such forward-looking
statements included in this press release should not be unduly
relied upon. These statements speak only as of the date of this
press release.
Contacts: John Burzynski Vice-President Corporate Development
(416) 363-8653 Sylvie Prud'homme Director of Investor Relations
(514) 735-7131 Toll Free: 1-888-674-7563 www.osisko.com