Osisko Development reported new drilling results from its Cariboo Gold Project on July 8, 2026.
Eleven diamond drill holes extended gold mineralization into previously untested areas. This mineralization now reaches beyond 700 meters of vertical depth. One notable intercept yielded 13.19 g/t gold over 3.60 meters. A second intercept showed 28.90 g/t gold over 0.50 meters.
Approximately 65% of the drilling occurred outside the current mineral resource footprint. These results confirm high-grade mineralization below the current average resource depth. The data also highlights expansion potential in under-drilled gap zones.
Five rigs remain operational at the site to test further mineralization extensions.