Osisko Development ( (TSE:ODV) ) just unveiled an announcement.
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Osisko Development has received Environmental Management Act permits for its Cariboo Gold Project in British Columbia, marking the completion of the permitting process and positioning the project as construction-ready. This milestone advances the project towards becoming a large-scale gold mine in Canada, potentially providing economic benefits and job opportunities for local communities and Indigenous nations. The company is also engaging in discussions for financing options to begin full-scale construction in the latter half of 2025.
More about Osisko Development
Osisko Development Corp. is a North American gold development company focused on revitalizing past-producing mining camps in mining-friendly jurisdictions with district-scale potential. The company’s objective is to become an intermediate gold producer through projects like the Cariboo Gold Project in British Columbia, and other ventures in Utah, USA, and Sonora, Mexico. Their strategy emphasizes developing sustainable, long-life mining assets while minimizing development risks.
YTD Price Performance: -38.83%
Average Trading Volume: 309,881
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $242.3M
See more data about ODV stock on TipRanks’ Stock Analysis page.
