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Stock impact report

Osisko Development Launches Fully-Funded 70,000-Meter Exploration Drilling Campaign Targeting New Discoveries at Cariboo Gold Project

Osisko Development Corp. Common Shares (ODV) 
Company Research Source: GlobeNewswire
HIGHLIGHTS1 Fully-funded 70,000-meter exploration drill program launched with two drill rigs already operating at the Cariboo Gold Project site, and ramping up to six drill rigs as the program advances through the end of 2026Priority exploration targets and initial planned drilling: Cariboo Deep (~10,000 m, 11 holes) – targeting areas at depth beneath the existing deposit within the permitted Cariboo Gold Project mine plan boundary. Total existing mineral reserves and resources at CGP include 2.07 Moz Au of probable reserves (17.8 Mt at 3.62 g/t Au), 1.61 Moz Au of measured and indicated resources (17.4 Mt at 2.88 g/t Au) and 1.86 Moz Au of inferred resources (18.8 Mt at 3.09 g/t Au)2Proserpine Mountain (~20,000 m, 30 holes) – high-priority regional exploration target to the southeast along strike from the Cariboo deposit area with open-pit potentialBarkerville Mountain – located immediately southeast along strike of the Cariboo depositOther targets and drill meters to be defined Show less Read more
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