ODV:CC - Osisko Development: Building a Sustainable Future in Gold Mining

2025-02-18 18:44:59 ET

Advancing One of Canada’s Largest Underground Gold Mines

Osisko Development is making significant progress on its newly permitted underground gold project in British Columbia , a historic mining district with a strong production legacy. With over 800,000 meters of drilling completed since 2016 , the company has outlined 2 million ounces of reserves and 3.3 million ounces of total resources , supporting its goal of producing 220,000 ounces of gold annually .

Beyond resource expansion, Osisko is committed to ESG-friendly mining , integrating electrification and automation into its operations. The site will be powered by BC Hydro’s Site C , reducing its carbon footprint while enhancing efficiency. With full mining and environmental permits secured in November 2024 and over $100 million in cash reserves , Osisko is well-positioned to move forward with construction and exploration.

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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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