Osisko Development provides progress update on Cariboo Gold Project

Osisko Development (ODV) provides a progress update for its ongoing bulk sample and underground development activities at its 100%-owned Cariboo Gold Project located in central British Columbia, Canada. The Company has now successfully completed 100% of the underground development, totalling approximately 1,172 meters, to access the target area of the contemplated bulk sample in the Lowhee Zone of the deposit. Preparations are underway and in their final stages to extract 10,000 metric tonnes of mineralized material. Stope preparation is largely complete with blasting and extraction expected to be completed in the coming weeks. Results of the bulk sample are anticipated in Q1 2025 supporting ongoing work on the optimized feasibility study expected to be completed in Q2 2025.