Osisko reports record monthly production from Canadian Malartic

Wednesday, Aug 08, 2012

Osisko Mining Corporation (the "Company" or "Osisko") (TSX:OSK)(FRANKFURT:EWX) is pleased to report that it has produced a record amount of gold in the month of July.

Sean Roosen, President and Chief Executive Officer of Osisko, commenting on the July performance: "We are now beginning to see significant improvement in daily throughput and gold production from the Canadian Malartic mill. In the month of July, Canadian Malartic achieved another gold production record of 37,780 ounces. With the now completed pre-crushing circuit and the coming installation of the second pebble crusher in early fourth quarter, we will be focused on plant optimization and cost reduction. Since we started production last year, Canadian Malartic has now produced well over 400,000 ounces of gold during this ramp up phase."

About Osisko Mining Corporation

Osisko Mining Corporation operates the Canadian Malartic gold mine in Malartic, Quebec and is pursuing exploration on a number of properties, including the Hammond Reef Gold Project in Northern Ontario.

Mr. Luc Lessard, Eng., Senior Vice-President and Chief Operating Officer of Osisko, is the Qualified Person who has reviewed this news release and is responsible for the technical information reported herein, including verification of the data disclosed.

Source: Marketwire