Osisko Development Provides Notice of Second Quarter 2021
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Osisko Development Intersects 16 05 g/t Gold Over 7 50
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Osisko Development Intersects 17 16 g/t Gold Over 10 7 Meters at Valley Zone at Cariboo and Announces Annual Grant of Stock Options and RSUs to Officers
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News Category Global Banking & Finance Reviews
Osisko Continues to Define and Expand Multiple High-Grade Vein Corridors at Valley Zone on Cariboo Gold Project
MONTREAL, Jan. 13, 2021 Osisko Development Corp. (“
Osisko” or the “
Company”) (TSX.V-ODV) is pleased to announce drilling results from the category conversion drill program campaign at the Cariboo Gold Project (“Cariboo”) in central British Columbia.
At Valley Zone, 24,000 meters were drilled in 74 holes in 2020. This news release discusses the assay results from holes CM-20-037 to CM-20-063 (Figure 1). Highlights include
9.33 g/t Au over 12.10 meters including
62.9 g/t Au over 0.60 meters in hole CM-20-046 (Figure 2). This Zone has not been drill tested since 2017, and significant potential exists to add both inferred and indicated resource to the deposit. The Company has commenced drilling on the 2021 drill program. A total of ten drill rigs will be active on the property by January 15