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Osisko Development Launches Major Drilling Campaign at Cariboo Gold Project

Story Highlights
  • Osisko Development is launching a 70,000-meter drilling campaign at Cariboo Gold Project.
  • The campaign targets new discoveries and resource expansion, enhancing project potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Osisko Development Launches Major Drilling Campaign at Cariboo Gold Project

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Osisko Development ( (TSE:ODV) ) has issued an update.

On December 8, 2025, Osisko Development Corp. announced the launch of a fully-funded 70,000-meter exploration drilling campaign at its Cariboo Gold Project. This initiative aims to discover new resources and expand existing ones, with drilling operations expected to continue through the end of 2026. The campaign includes multiple high-priority targets such as Cariboo Deep, Proserpine Mountain, and Barkerville Mountain, with the potential to significantly enhance the project’s mineral resource base and provide growth opportunities for stakeholders.

The most recent analyst rating on (TSE:ODV) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Osisko Development stock, see the TSE:ODV Stock Forecast page.

Spark’s Take on TSE:ODV Stock

According to Spark, TipRanks’ AI Analyst, TSE:ODV is a Neutral.

Osisko Development’s overall stock score is primarily impacted by its poor financial performance, characterized by negative profitability and liquidity issues. However, positive technical indicators and promising corporate events, such as successful drilling results, provide some optimism for future growth potential.

To see Spark’s full report on TSE:ODV stock, click here.

More about Osisko Development

Osisko Development Corp. operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in advancing its Cariboo Gold Project located in central British Columbia, Canada.

YTD Price Performance: 118.26%

Average Trading Volume: 153,419

Technical Sentiment Signal: Hold

Current Market Cap: C$1.28B

See more insights into ODV stock on TipRanks’ Stock Analysis page.

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