Osisko Exploration Ltd. (TSX VENTURE:OSK) (FRANKFURT:EWX) is pleased to announce
that it has completed the recruitment and appointment of the following key
individuals who will form the core of its mine development group for the
Canadian Malartic gold project.


Vice President Engineering and Construction: Mr. Luc Lessard, P. Eng.

Luc Lessard, has been appointed Vice President Engineering and Construction
effective October 1, 2007. Mr. Lessard is a graduate of Laval University with a
Bachelor of Applied Science in Mining Engineering and is a member of L'Ordre des
Ingenieurs du Quebec. He has more than 20 years of progressive experience in
mining development and operations, and has participated in several greenfield
and brownfield mine construction and development/expansion projects in Quebec
and South America. Mr. Lessard is currently Vice President Engineering and
Construction with IAMGOLD Corporation. Mr. Lessard will be responsible for
overseeing Osisko's Canadian Malartic feasibility study and subsequent
construction and development of the project.


Vice President Sustainable Development: Mr. Jean-Sebastien David, M.Sc.

Jean-Sebastien David has been appointed as Vice President Sustainable
Development with direct responsibilities for environmental aspects, health and
safety, permitting and community relations. Mr. David has a B. Sc. in Geology
and a Masters Degree in Project Management from the Universite du Quebec a
Chicoutimi. Mr. David has held various positions in mining operations and in the
environmental sector with large and medium size companies. He is currently
General Manager - Sustainable Development with a large intermediate gold
producer and will be joining Osisko in October.


Vice President Legal Affairs and Corporate Secretary: Mr. Andre Le Bel, LL.B.

Andre Le Bel is a graduate of Laval University (B.Sc. A., Consumer Studies) and
holds a Bachelor of Laws (LL.B. Civil Law) from the Universite de Sherbrooke. He
is a member of the Quebec Bar Association and has more than 10 years of
experience in the administration of natural resource companies. Andre is
currently Vice President Legal Affairs for an intermediate gold producer and
will be joining Osisko in October.


Manager - Mining: Mr. Paul Johnson, P. Eng.

Mr. Paul Johnson holds a Bachelor of Science Mining Engineering degree from
Laval University and is a member of L'Ordre des Ingenieurs du Quebec. Mr.
Johnson has more than 25 years of progressive experience in large-scale open pit
mining operations both in Quebec and internationally. Mr. Johnson will be
responsible for the development of the mining plan, selection of open pit
equipment, supervision of mining and equipment maintenance operations. He joins
Osisko in late September.


Manager - Mineral Processing: Mr. Denis Cimon, P. Eng.

Denis Cimon brings to Osisko more than 20 years of professional experience in
design and operating of large gold extractions plants. Mr. Cimon is a graduate
of Laval University with a Bachelor of Science Mining Engineering degree
(Mineral Processing) and a Masters of Science degree (Mineral Processing). He is
a member of L'Ordre des Ingenieurs du Quebec. He will be directly responsible
for overseeing the design of the mill, selection of processing equipment and
mill and tailings operations. Mr. Cimon was recently involved in the design,
start-up and successful operations of the Rosebel Mine in Suriname. He joins
Osisko in mid-September.


Sean Roosen, President and CEO of Osisko stated: "We are extremely pleased to
have this highly experienced group of Quebec-based mining professionals join
Osisko. Their broad, in-depth experience with building and operating large open
pit mines will help accelerate our feasibility study and our objective of
subsequent project development for the Canadian Malartic Project. Osisko's
expanding team has wide experience in Quebec and relationships with contractors,
consultants, government authorities and mine operating personnel - all of which
we believe will help ensure the ultimate success of the Project."


Osisko Exploration Ltd. is currently evaluating the Canadian Malartic gold
deposit and adjacent areas for a large-scale open pit, bulk-tonnage mining
operation. The Company is well-funded with approximately $90 million on hand and
is carrying out an aggressive definition drilling and exploration drilling
campaign on the Canadian Malartic deposit and surrounding property. An updated
NI 43-101 complaint, inferred gold resource estimate on the main deposit was
released on July 5, 2007 and the full report is available on SEDAR.


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