MONTRÉAL, Feb. 09, 2023 -- Osisko Development Corp. is pleased to announce that it has entered into an agreement with Eight Capital and National Bank Financial Inc., as co-lead underwriters and joint bookrunners, and on behalf of a syndicate of underwriters , under which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate 6,819,000 Units of the Company at a price of $6.60 per Unit , for [...]
Osisko Development Corp. announces the filing of a technical report in relation to the initial mineral resource estimate for the Company's 100%-owned underground Trixie deposit , within the Company's wider Tintic Project , located in central Utah, U.S.A. Highlights from the previously-announced Trixie MRE disclosed in the Company's news release dated January 17, 2023 are presented below, and are consistent with the [...]
213 koz of Gold grading 28.1 g/t and 385 koz of Silver grading 50.8 g/t in Measured and Indicated Resources1243 koz of Gold grading 19.6 g/t and 530 koz of Silver grading 42.8 g/t in Inferred Resources1 MONTREAL, Jan. 17, 2023 -- Osisko Development Corp. is pleased to announce an initial mineral resource estimate for its 100%-owned underground Trixie deposit , within the Company's wider Tintic Project , located in the [...]
264.00 g/t Au and 511.00 g/t Ag over 1.22 m in drilling 2,311.18 g/t Au and 1,146.46 g/t Ag over 2.29 m in underground chip sampling MONTREAL, Jan. 11, 2023 -- Osisko Development Corp. is pleased to announce drilling and underground chip sampling results from new development areas as part of its ongoing exploration program at its 100%-owned Trixie test mine , within the Company's wider Tintic Project , located in the [...]
Osisko Development Corp. announces that the Company has filed a technical report, in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects , for the Company's 100%-owned Cariboo Gold Project , titled "Feasibility Study for the Cariboo Gold Project, District of Well, British Columbia, Canada" and dated January 10, 2023 . The Technical Report was prepared and compiled for Osisko [...]
163,695 Ounces of Average Annual Gold Production Over 12 Year Mine Life Bulk Tonnage UG Mining with Ore Sorting to Minimize Cost & Environmental Footprint Initial Probable Mineral Reserves of 2.03 Moz of Gold After-tax NPV5% of C$502 Million and 20.7% IRR at US$1,700/oz Au EA Certificate Process Progressed to Final Effects Assessment Phase MONTREAL, Jan. 03, 2023 -- Osisko Development Corp. is pleased to announce the [...]
Osisko Development Corp. is pleased to announce the appointment of David Danziger as an Independent Non-Executive Director to the Company's Board of Directors, effective December 14, 2022. Mr. Danziger is a Chartered Professional Accountant with over 30 years of experience in audit, accounting and management consulting and has over 25 years of experience in the resources sector. He is currently the Senior Vice President [...]
Osisko Development Corp. is pleased to announce sampling results from its ongoing underground exploration program at its 100%-owned Trixie test mine, within the Company's wider Tintic Project. ASSAY HIGHLIGHTS: Assay highlights include 702 chip samples from 177 mine faces at Trixie. A length-weighted composite for each face Site ID is presented in Table 1 and individual higher-grade samples are also identified within the [...]
Osisko Development Corp. is pleased to announce sampling results from its ongoing underground exploration program at its 100%-owned Trixie test mine, within the Company's wider Tintic Project. ASSAY HIGHLIGHTS: Assay highlights include 265 chip samples from 55 mine faces at Trixie. A length-weighted composite for each face Site ID is presented in Table 1 and individual higher-grade samples are also identified within the [...]
Osisko Development Corp. is pleased to announce drilling results from the 2022 exploration and category conversion drill campaign at its 100%-owned Cariboo Gold Project , located in central British Columbia. ACTIVITIES SUMMARY: 6,500 meters of total infill drilling conducted in 2022 at the Lowhee Zone within Cariboo. 27 holes drilled at the Lowhee Zone at closely spaced 12.5 meter intervals within the area proposed for [...]
Osisko Development Corp. is pleased to report its financial and operating results for the three months ended September 30, 2022 . Unless stated otherwise, all dollar references are to Canadian dollars. Q3 2022 Highlights: 10,958 ounces total of gold sold by the Company for Q3 2022, comprising: 3,600 ounces of gold from the Trixie test mine within the Company's wider Tintic project in central Utah, USA ; and 7,358 ounces [...]
Osisko Development Corp. is pleased to provide a corporate update on its 100% owned Tintic, Cariboo Gold and San Antonio Projects. As of September 30, 2022, Osisko Development has produced 19,874 ounces of gold from its three projects. Tintic Project Highlights: 5,353 ounces of gold produced at an average grade of 0.91 ounces per ton Au Au) since the date of Osisko Development's acquisition of Tintic on May 27, 2022 [...]
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