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Osisko Development drills 164.92 g/t gold over 10.50 meters at Cariboo

Kitco Media
By Vladimir Basov
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(Kitco News) - Osisko Development (TSX.V: ODV) today announced the remaining and final drilling results from the 2021 exploration and category conversion drill campaign at the Valley Zone of its Cariboo gold project in central British Columbia.

According to the company's statement, drilling highlights include 164.92 g/t Au over 10.50 m in hole CM-21-097 at a depth of 200 meters from surface.

"The drill results confirmed anomalous gold values within multiple modelled vein corridors," the company said in its press-release.

CEO Sean Roosen commented, "We are excited and encouraged by the final results received at the Valley Zone of the Cariboo gold project. The purpose of this drilling was to expand known vein corridors and increase confidence to support further technical work, and the goal was successfully achieved."

Osisko Development is a gold development company advancing the Cariboo gold project and other Canadian and Mexican properties, with the objective of becoming the next mid-tier gold producer. The Cariboo gold project, located in central British Columbia, Canada, is Osisko Development's flagship asset.

Osisko Development's project pipeline is complemented by its interest in the San Antonio gold project, located in Sonora, Mexico and the Trixie gold test mine, located in Utah, USA.

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Kitco Media

Vladimir Basov

Vladimir (PhD, MEng in Mining) is a professional mining engineer, scientist and analyst that has more than 20 years of practical in-field and research experience. He is particularly interested in collecting, processing baseline data and writing insightful data-driven mining industry analytics, articles, statistical and research reports.

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