Osisko Development Files NI 43-101 Feasibility Study Technical Report for the Cariboo Gold Project

Core Viewpoint - Osisko Development Corp. has filed a new technical report for its Cariboo Gold Project, highlighting the results of the 2025 feasibility study, which indicates significant economic potential for the project [1][3]. Group 1: Technical Report Details - The technical report is titled "NI 43-101 Technical Report, Feasibility Study for the Cariboo Gold Project" and is dated June 11, 2025, with an effective date of April 25, 2025 [2]. - The report was prepared by independent consultants from BBA Engineering Ltd. and supported by various other independent engineering firms, all of whom are qualified persons under NI 43-101 [2]. - The new technical report supersedes a previous report dated January 12, 2023, which is no longer reliable [4]. Group 2: Economic Highlights - The feasibility study indicates an after-tax NPV5% of C$943 million and an internal rate of return (IRR) of 22.1% at a base case gold price of US$2,400 per ounce [3]. - At a spot gold price of US$3,300 per ounce, the after-tax NPV5% increases to C$2.1 billion with an IRR of 38.0% [3]. Group 3: Company Overview - Osisko Development Corp. is focused on developing gold projects in mining-friendly jurisdictions, with the Cariboo Gold Project being its flagship asset [6]. - The company aims to become an intermediate gold producer and has additional projects in Utah and Mexico, which have significant exploration potential [6].