Osisko Development announces results of feasibility study for Cariboo Gold

Osisko Development (ODV) announces the results of a positive optimized Feasibility Study for its permitted, 100%-owned Cariboo Gold Project, located in central British Columbia, Canada. The 2025 FS was completed by BBA Engineering as lead independent consultant, and supported by other independent engineering firms, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The Company intends to file the technical report in respect of the 2025 FS on SEDAR+ and on EDGAR under Osisko Development’s issuer profile within 45 days of the date of this news release. The 2025 FS confirms strong economics for a low-impact underground operation using mechanized bulk mining methods, with attractive operating costs, manageable capital requirements, and well-positioned to benefit from favorable macroeconomic and gold price trends. The process facilities have been designed to accommodate potential future throughput expansions.