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Osisko Development Awards Project and Construction Management Services Contract for the Development of the Cariboo Gold Project
Globenewswire· 2026-02-09 12:00
Core Viewpoint - Osisko Development Corp. has entered into a Project and Construction Management Services Agreement with JDS Energy & Mining Inc. for the development of the Cariboo Gold Project in British Columbia, indicating a strategic partnership aimed at enhancing project delivery and execution [1][2]. Company Overview - Osisko Development Corp. is focused on developing past-producing mining camps with district-scale potential, aiming to become an intermediate gold producer through its flagship Cariboo Gold Project, which is fully permitted and 100%-owned [3]. - The company also has a project pipeline that includes the Tintic Project in Utah, which has significant exploration potential and access to established infrastructure [3]. - Osisko Development emphasizes developing long-life mining assets in mining-friendly jurisdictions while maintaining disciplined capital allocation and development risk management [3]. JDS Energy & Mining Inc. Overview - JDS Energy & Mining Inc. is a mining services company based in Western Canada, founded in 2004, known for its skilled team and proven track record in delivering projects on budget and schedule [2]. - The company has experience in managing projects from concept through operations and reclamation, with past projects including the Minto Mine, Gahcho Kue Mine, and Silvertip Mine [2].
Osisko Development Appoints Vice President, Permitting and Compliance
Globenewswire· 2026-02-02 22:00
Core Viewpoint - Osisko Development Corp. has appointed Ms. Sarah Harrison as Vice President of Permitting and Compliance, effective February 2, 2026, to enhance its regulatory and environmental compliance capabilities in the mining sector [1][3]. Group 1: Appointment Details - Ms. Sarah Harrison brings over 13 years of experience in environmental assessment, reclamation, permitting, and regulatory compliance within the mining industry [2]. - Her previous roles include Project Manager at JDS Energy & Mining Inc. and Environmental Manager at Artemis Gold Inc's Blackwater Gold Mine, showcasing her extensive background in permitting and compliance [2]. Group 2: Company Overview - Osisko Development Corp. is focused on developing gold mining projects in North America, particularly the Cariboo Gold Project in British Columbia, which is fully permitted and 100% owned by the company [4]. - The company aims to become an intermediate gold producer while maintaining a disciplined approach to capital allocation and development risk management [4].
Goliath Resources Engages JDS Energy & Mining Inc. To Forge Plans To Drive An Exploration Adit At Its Surebet Discovery, Golddigger Property, Golden Triangle, B.C.
Globenewswire· 2025-05-05 11:08
Core Viewpoint - Goliath Resources Limited has engaged JDS Energy & Mining Inc. to assess the viability and development of an underground exploration adit at the Surebet zone of its Golddigger property, which is expected to enhance exploration efficiency and access high-grade gold zones [1][2]. Group 1: Project Development - The underground adit will provide access to the Bonanza Zone, which is approximately 200 meters above the valley floor, allowing for more efficient drilling and geological confirmation of high-grade gold lodes [2][4]. - The adit will facilitate geological confirmation of the thickness and continuity of the Bonanza Zone, potentially enabling bulk sampling and reducing drilling costs [5][6]. Group 2: Geological Insights - Recent geological studies indicate that gold mineralization occurs in two separate events with different temperatures, referred to as "Goldilocks," with the highest intercepts found where the Bonanza Zone intersects with the Surebet Zone [2]. - The Surebet discovery shows exceptional continuity and excellent metallurgy, with gold recoveries of 92.2%, and no deleterious elements such as mercury or arsenic present [6]. Group 3: Property Overview - The Golddigger Property covers 91,518 hectares in the Golden Triangle of British Columbia, an area known for hosting significant mines like Eskay Creek and Premier [3]. - Goliath controls 56 kilometers of the Red Line, a geological contact that is crucial for exploring gold-copper-silver mineralization [3]. Group 4: Infrastructure and Accessibility - The property is strategically located near communities with existing infrastructure, including a permitted mill site and direct barge access to Prince Rupert [7][8]. - Additional infrastructure includes proximity to the Dolly Varden Silver Mine Road and access to major transportation routes, enhancing logistical support for mining operations [8]. Group 5: Company Background - Goliath Resources is focused on precious metals exploration in the Golden Triangle and is a member of CASERM, which supports research in mining [12]. - The company has strategic shareholders, including Crescat Capital and McEwen Mining Inc., which may provide additional support for its projects [12].