Osisko Development: Update on Latest Developments on Cariboo, Tintic and San Antonio

Osisko Development sold 3,830 ounces of gold as part of preliminary work for the mine start-up. Revenue of $10.8 million was received at a cost of sales of $11.4 million. As of June 30, 2023, the Company had cash of approximately $86.9 million. The Company is currently working on an updated resource estimate for the Trixie deposit to include the new 2023 drill results. For Cariboo, the Company expects to complete the environmental assessment in the third quarter of 2023. The company is in good shape and the low share price invites to buy.

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