Osisko Development (TSE:ODV) has released an update.
Osisko Development Corp is set to make the second of five installments using common shares for the Tintic Project acquisition in Utah, amounting to US$2,500,000, which is subject to TSX Venture Exchange approval. The company, which aims to become an intermediate gold producer, focuses on developing mining projects in North America with existing infrastructure and skilled labor. The Tintic Project is part of Osisko’s strategy to develop sustainable mining assets and grow its mineral resources.
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