ODV:CC - Osisko Development: A Fully Permitted Gold Project on the Brink of Construction

2025-06-26 19:40:32 ET

Positioned for growth with strong economics and regulatory approvals

Osisko Development is nearing construction on one of the most advanced gold projects in Canada. Located just outside Prince George, British Columbia, the company’s fully permitted project has an updated feasibility study showing a net present value (NPV) of $930 million at $2,400 gold—and up to $2 billion at current spot prices. With permits secured in November 2024, this project is one of only two in the country ready for immediate development. The mine is expected to support approximately 600 direct and 1,500 indirect jobs, delivering meaningful economic impact to the region.

Beyond British Columbia, Osisko Development holds an additional project in Utah—ranked the world’s top mining jurisdiction by the Fraser Institute—broadening its future growth prospects. With strong backing and experienced leadership, Osisko is moving forward with a de-risked profile and a focus on long-term value creation.

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For more information on Osisko Development Corp. (TSX.V: ODV, NYSE: ODV) please click on the request investor info button.

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