Osisko Development: Building a Strong North American Mining Portfolio
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Osisko Development, a premier North American gold mining company, is actively working on developing high-quality past-producing properties located in mining friendly jurisdictions with district scale potential. The company boasts a world-class team, led by Sean Roosen, with a proven track record of discovering, funding, developing and operating tier-1 projects globally, including Canada's largest gold producing mine, Canadian Malartic.
One of the key projects the company is currently developing is the 100%-owned Cariboo Gold Project located in the historic Cariboo Mining District of central British Columbia. Despite only being 200 days into the project, the company has already published a resource of 213,000 ounces at 28.1 grams with an inferred resource in addition to that of 240,000 ounces of just under 20 grams. Osisko's extensive mineral tenures with well-endowed land packages, supported by significant mining history, offer meaningful opportunities for district scale and exploration upside.
As a company, Osisko Development's strategy is to develop attractive and long-life assets, minimize exposure to development risk, while growing mineral resources. With expertise across all aspects of mining, including ESG environment and engineering development, the company is poised for success. As the Cariboo Gold Project and other properties are transitioned into producing companies, Osisko Development aims to become a leader in the industry, with a target of production by 2024.
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