Osisko Metals' Gaspé Copper Project: A Strategic Play in the Decarbonization Era

Copper, the backbone of the global energy transition, is becoming a linchpin for decarbonization technologies. From electric vehicles (EVs) to wind turbines and solar panels, the metal's demand is surging as nations pivot toward net-zero emissions. Against this backdrop, Osisko Metals' Gaspé Copper Project in Quebec emerges as a compelling case study in how resource expansion and strategic positioning can align with the urgent need for critical minerals. Recent drilling results and updated resource estimates underscore the project's potential to not only meet rising demand but to do so in a jurisdiction that prioritizes sustainability and infrastructure readiness.

A Geological and Operational Breakthrough

Osisko Metals has delivered a string of high-impact drill results from the Gaspé Copper Project, revealing thick, high-grade mineralization that could redefine the deposit's scale. In September 2025, the company announced that drill hole 30-1109 intersected 133.7 meters averaging 1.04% copper and 6.48 g/t silver, while hole 30-1106 returned 33.8 meters averaging 1.04% copper and 3.60 g/t silverOsisko Gaspé Expansion Hole Intersects 133.7 Metres^[1]. These results highlight a “tabular zone” of mineralization around the E Zone horizon, suggesting the potential for a significant eastward extension toward the previously mined E-32 ZoneOsisko Metals Announces Significant Increase in …^[2].

The November 2024 resource update further amplifies the project's strategic value. The Indicated Resource now stands at 824 million tonnes grading 0.34% copper equivalent (CuEq), a 53% increase in copper-equivalent metal content, while the Inferred Resource has grown to 670 million tonnes grading 0.38% CuEq, a 100-fold jumpUpdated Copper Mountain Resource Estimate (November 2024)^[3]. This expansion was achieved through a combination of geological reinterpretation, lowering the cut-off grade from 0.15% to 0.12% Cu, and extending the Whittle pit model toward Needle MountainUpdated Copper Mountain Resource Estimate (November 2024)^[3]. The presence of disseminated and stockwork chalcopyrite, along with higher-grade skarn horizons, positions Gaspé as a porphyry-style deposit with the potential for large-scale, long-life productionOsisko Metals Hits Significant Copper Intersections, Extends ...^[4].

Copper's Role in the Energy Transition: A Supply-Demand Imbalance

The urgency of Osisko's work is underscored by the International Energy Agency's (IEA) projections. According to the IEA, copper demand is expected to nearly double by 2040 under the Stated Policies Scenario (STEPS), with even steeper growth under the Net Zero Emissions by 2050 (NZE) ScenarioCopper – Analysis - IEA^[5]. Clean energy technologies alone could account for a major segment of this demand, driven by the electrification of transportation and the global rollout of renewable infrastructureCopper – Analysis - IEA^[5].

However, supply constraints loom large. Secondary copper (recycled) is projected to cover only 35% of total demand by 2050, even under ambitious policy scenarios, due to low collection rates and logistical challengesCritical Minerals Demand and Supply Gap Dashboard (2025)^[6]. Primary production must therefore fill the gap, and projects like Gaspé—located in a mining-friendly jurisdiction with access to renewable hydroelectric power—are uniquely positioned to meet this needOsisko Metals: Gaspé Copper^[7].

Strategic Positioning and Future Prospects

Osisko's 2025 drilling program, with a minimum of 70,000 meters, is designed to both upgrade resources and test for expansion at depth and to the southUpdated Copper Mountain Resource Estimate (November 2024)^[3]. The company's focus on converting Inferred resources to Indicated and Measured categories will be critical for advancing the project toward feasibility studies. With the next resource update expected in Q1 2026, investors can anticipate a more robust economic model that reflects the deposit's full potentialOsisko Gaspé Expansion Hole Intersects 133.7 Metres Averaging …^[8].

The project's location in Quebec adds another layer of strategic advantage. The province's stable regulatory environment, existing infrastructure, and access to low-carbon energy via Hydro-Québec align with the ESG priorities of global marketsOsisko Metals: Gaspé Copper^[7]. This positions Gaspé not just as a copper producer, but as a supplier of “green” copper essential for decarbonization technologies.

Conclusion: A Win-Win for Investors and the Planet

Osisko Metals' Gaspé Copper Project is more than a geological success story—it's a strategic asset in the race to decarbonize the global economy. By combining robust resource growth, a clear path to production, and alignment with the energy transition's critical needs, the project offers a rare convergence of financial and environmental value. As copper demand accelerates and supply chains strain to keep up, Gaspé's potential to deliver large-scale, sustainable output makes it a standout play for investors seeking exposure to the minerals underpinning the 21st century.