Agoracom: Small Cap Investment - Osisko Exploration - Osisko to Be Included in S&P/TSX Indices

Osisko - Virginia Gold Royalties

gold royalty company - 5% NSR on Malartic.

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Clavis

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Osisko to Be Included in S&P/TSX Indices

posted on Mar 17, 2009 04:04AM

March 16, 2009

Osisko to Be Included in S&P/TSX Indices

MONTREAL, QUEBEC--(Marketwire - March 16, 2009) - Osisko Mining Corp. (TSX:OSK) (FRANKFURT:EWX) is pleased to announce that effective March 23, 2009, the company will be included on the S&P/TSX Composite Index as well as the S&P/TSX Global Gold Index and the S&P/TSX Global Mining Index.

Sean Roosen, President and CEO of Osisko, commented: "We are very proud to be included on the large-cap S&P/TSX Composite Index, the leading indicator of market performance based on Canada's major corporations. Our inclusion underscores the tremendous growth that Osisko has delivered to shareholders over the last few years with our continued successes on the Canadian Malartic project. We are confident that Osisko will continue to grow with each forward step realized in our drive towards production in 2011, and that we will be a strong and steady contributor to the Index."

Osisko Mining Corp. is currently developing the Canadian Malartic gold deposit and adjacent mineralized zones into a large-scale open pit, bulk-tonnage mining operation. The Company is well-funded and is carrying out an aggressive definition drilling and exploration program.

A NI 43-101 compliant, 7.7 million ounce Measured and Indicated global gold resource on the main Canadian Malartic deposit was released on September 8, 2008 and the technical report has been filed on SEDAR. This includes a NI 43-101 compliant, 6.3 million ounce gold Reserve estimate released in the Feasibility Study on the main Canadian Malartic deposit on November 25, 2008, for which the technical report has been filed on SEDAR. These estimates did not include the South Barnat Zone or any other mineralized zone located outside the main deposit that is currently being evaluated by Osisko. The NI 43-101 compliant inferred resource estimate of 2.0 million ounce gold for South Barnat was released on January 26, 2009 and the technical report has now been filed on SEDAR.

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