Osisko President Sean Rosen named Ernst & Young 2011 Quebec Entrepreneur of the Year.

Summary - Osisko's success began with the discovery of a gold deposit in Malartic, Quebec, a site that saw production between 1935 to 1983, and which was thought to have been exhausted. By applying an innovative model of analysis, Osisko's geologist, Robert Wares, uncovered the deposit's tremendous potential, which was then gradually confirmed by an exploration program, approximately worth $100 million. Unlike the majority of junior exploration companies, who generally sell their discoveries to large producer mining companies, Oskisko's business plan was to take an exploration project into production and create a new mining company. The Canadian Malartic mine began commercial production in May 2011. The Quebec Entrepreneur of the Year award acknowledges not only the quality of this achievement, but also recognizes the challenges faced while leading the project to completion, including:

Realizing the existence of a world class deposit at a site that was thought to be exhausted. Earning the trust, respect and cooperation of Malartic's local community as the deposit is located on the border of the mining town of Malartic, home to approximately 3800 inhabitants. Negotiating jointly with the local municipality as well as with the residents, in the planning of the relocation of a neighborhood in order to make way for the mine site. Recruiting a qualified and complete team needed for the development, construction of the mining deposit. Raising the funds necessary for the development and construction of one the most significant Canadian gold mines $1.2 billion, during a time when the financial market was in crisis, turmoil and uncertainty. A company worth no more than $5.5 million in the market in 2003, Oskisko now possesses a market value of approximately $5.4 billion, making it one of the ten largest companies in Quebec. Corporate citizenship is a focal criterion in determining the recipient of the Ernst & Young Entrepreneur award. Osisko has taken numerous actions in this respect. Selecting a production process which will restore one of the most polluted and abandoned mine wastes sites in Quebec. In doing so, it is estimated that the Quebec government will save $8.5 million. Using the relocation of a neighborhood of Malartic as an opportunity tio improve the quality of its urban infrastructure and amenities. Creating the Fund Essor Malartic (FEMO), a sustainable development fund for the citizens of Malartic, worth $4.5 million even prior to the start-up of the mine. Establishing a procurement policy that ensures the hiring and support of local vendors, suppliers, and workers, as well as train ing programs aimed at developing the talent and know-how of local and regional workforces. From 2008 to 2010, Osisko invested $760 million into the Quebec economy, including $500 million in Abitibi-Temiscamingue. "Beyond our commercial success, we are especially proud of our contribution made to the development of Abitibi-Temiscamingue and Quebec", explains Sean Roosen. "It is our goal to pursue our development and to further increase this contribution. We hope that our Company's success will inspire and encourage other Quebec based mining companies to do the same." Osisko was founded in 1998, Osisko is headquartered in Montreal, Quebec. Devoted primarily to mineral exploration at the onset, the Company later transitioned into a producer. with the development of the Canadian Malartic Mine, Osisko continues exploration activities within Quebec in the Abitibi area, Canada and elsewhere in the world. Osisko employs more than 700 individuals.

What a story, and what a model to follow for GNH. Osisko presently trading in the $12.62 to $12.98 range with a previous high of $16.39 we should be so"lucky" and with further positive drilling results and our upcoming 43-101 early in 2012 We can only dream in following in their footsteps. Osisko has a NI43-101 of 1.8 million ounces in proven and probable reserves and NI43-101 of 850,000 preferred ounces of gold. rj