Osisko Development (ODV) Resums Activities at Cariboo Gold Project

Core Viewpoint - Osisko Development Corp. has resumed activities at its Cariboo Gold Project in British Columbia after a temporary suspension due to a tragic incident, indicating a recovery phase for the company and its operations [1][2]. Group 1: Project Resumption - The Cariboo Gold Project was temporarily suspended in January 2026, but management has worked with regulators to ensure safety and has resumed both surface and underground activities in phases [2]. - More than 250 personnel are currently working at the site, reflecting the normal operating level at this stage of the project [2]. Group 2: Development Progress - The Bonanza Ledge water treatment plant is nearing full operation, and underground development has progressed to 2.1 kilometers from the Cow Portal [3]. - The Cariboo Gold Project is Osisko Development's flagship project, covering approximately 192,000 hectares and is fully owned by the company [3]. Group 3: Company Overview - Osisko Development Corp., founded in 2006 and headquartered in Montreal, focuses on acquiring, exploring, and developing precious metals properties across North America, positioning itself to benefit from favorable commodity prices as it advances toward production [3].