Osisko Development reports gold intercepts from Cariboo Gold Project
Osisko Development Corp. has reported new drilling results from its Cariboo Gold Project in British Columbia. The program confirms the quality and potential of mineral deposits.
Osisko Development Corp. has completed a 13,000-meter infill drilling program at its Cariboo Gold Project in British Columbia. The company also announced results from ongoing drilling in the Lowhee Zone, yielding several significant gold-bearing intervals.
Highlights from the program include intercepts such as 44.68 grams of gold per tonne over 1.5 meters and 25.78 grams of gold per tonne over 2.5 meters. According to the company, these results enhance understanding of local variations within the Lowhee deposit and provide positive indications for the potential of the near-mine area.
The completed infill drilling program, totaling 13,684 meters with 10-meter spacing, offers a more detailed view of the vein corridors' spatial geometry. Additionally, 2,995 meters of further infill and exploration drilling in the Lowhee Zone's L1290 and L1260 levels have yielded promising results.
Osisko Development anticipates an updated, localized block model in the second quarter of 2026, which will help refine future drilling and production plans. The company emphasizes the importance of continued drilling in underexplored areas.