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Osisko Development Intercepts Mineralization in Drill Results from BC Cariboo Project

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Osisko Development (ODV.V) intercepted mineralization in all 11 surface diamond drill holes at its Cariboo gold project in British Columbia.

Highlights include 13.19 grams per tonne (g/t) gold over 3.60 meters and 28.90 g/t gold over 0.50 m, the company said late Wednesday. Osisko said the results confirmed the presence of high-grade mineralization at depth while reinforcing the project's upside potential.

"Strong high-grade intercepts in previously untested areas and known under-tested gaps continue to demonstrate the at depth potential for resource growth beyond our current mineral inventory," President Chris Lodder said.

Five drill rigs remain active to test potential vein corridor extensions of the existing deposit, the company said.

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