Osisko Development (ODV, Financial) has released promising results from an optimized Feasibility Study for its wholly-owned Cariboo Gold Project, situated in central British Columbia, Canada. Conducted by BBA Engineering with assistance from other independent firms, the study adheres to National Instrument 43-101 standards for mineral disclosure.
The 2025 feasibility study outlines robust economic projections for a low-impact underground operation utilizing mechanized bulk mining. The Cariboo Gold Project is economically strong, featuring competitive operating costs and manageable capital needs, and is strategically positioned to capitalize on favorable market and gold price conditions. Additionally, the process facilities are designed for potential future throughput expansions.
Osisko Development plans to file the comprehensive technical report related to the study on SEDAR+ and EDGAR under its issuer profile within 45 days, as per regulatory requirements. These developments underscore the project's potential to contribute positively to Osisko Development's future growth.
