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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: John McCarthy	9/8/2006 3:24:07 PM
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somebody had asked (I think) Osisko Market Activity Friday September 8, 2:37 pm ET MONTREAL, QUEBEC--(MARKET WIRE)--Sep 8, 2006 -- Osisko Exploration Ltd. (TSX VENTURE:OSK.V - News)(Deutsche Boerse:EWX) wishes to announce that there have been no material changes to the affairs of the Company to explain today's unusual market activity, both on the Toronto Venture Exchange and on the Frankfurt Exchange. ADVERTISEMENT The Company's core project, the Canadian Malartic gold property is progressing as planned and management is very pleased with results obtained to date. The current definition drill program is expanding the size of the gold deposit beyond what was originally modeled by the Company. Over 38,000 metres have been drilled by Osisko to date (see recent press releases for drill results). The main mineralized zone is open depth, to the south, to the west and to the east towards the Sladen extension. The current Phase Six drill program on the Sladen extension is progressing well with four diamond drills and results will be released as they become available. The Canadian Malartic property hosts potential for a significant gold resource (see the Company's September 8, 2005 press release) and is located near existing infrastructure. Osisko is evaluating the property for a possible large-scale open pit, bulk-tonnage gold mining operation. The current resource definition program will include the calculation of an NI 43-101 compliant, inferred gold resource scheduled to be released in the fall of 2006. Contact: Contacts: Osisko Exploration Ltd. John Burzynski Vice-President Corporate Development (514) 735-7131 Osisko Exploration Ltd. Daniel Boase Investor Relations (416) 742-5600 Toll Free: 1-866-580-8891 osisko.com biz.yahoo.com

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