Osisko Development Files Technical Report on Trixie Mineral Resource Estimate

Osisko Development Corp. has announced the filing of a technical report concerning the initial mineral resource estimate for its wholly-owned Trixie deposit. The deposit is part of the company's Tintic Project, located in Utah, U.S.A.

The technical report, prepared by Micon International Limited, details the findings for the Trixie deposit, following disclosure of the initial estimate in January 2023. The report adheres to National Instrument 43-101 standards and is available on SEDAR, EDGAR, and the company's website.

The Tintic Project is situated in a historically significant mining district in Utah, which has previously yielded substantial quantities of gold, silver, copper, lead, and zinc. Osisko Development's project encompasses a significant portion of the East Tintic District, targeting multiple gold and base metal occurrences.

The initial mineral resource estimate for Trixie, with an effective date of March 14, 2024, outlines measured and indicated resources (M+I) totaling 244,590 tonnes with an average grade of 19.11 g/t gold and 60.80 g/t silver. Inferred resources are estimated at 201,603 tonnes. The company continues to advance the project based on these findings.