en.Wedoany.com Reported - Osisko Development Corp. (TSX-V:ODV) announced the completion of a 13,000-meter infill drilling program at its Cariboo gold project in British Columbia, Canada, and is currently conducting verification work on an updated local block model.

At the Lowhee zone, the drilling program involved 55 underground infill and near-mine exploration diamond drill holes totaling 5,654 meters. The drill holes were spaced at 10-meter intervals across six drill fans. Final results indicate that the total drilling at the zone has reached 13,684 meters.

The company disclosed key intercepts from the zone: 1.5 meters grading 44.68 grams per tonne gold from 27.9 meters downhole, including 0.5 meters grading 133.62 grams per tonne gold from 28.4 meters downhole. Other notable results include 2.0 meters grading 17.37 grams per tonne gold from 60.0 meters downhole, and 1.5 meters grading 15.89 grams per tonne gold from 89.5 meters downhole.

Chris Lodder, President of the company, stated that the tighter infill drill spacing helps to better understand the spatial geometry and local variability of the vein corridors within the Lowhee deposit. Lodder said the program has increased the company's confidence in further optimizing the project's infill drilling requirements, production design, and mining sequence.

Data shows that the Lowhee zone accounts for approximately 5% of the total gold content, with a probable mineral reserve of 104,491 ounces of gold from 923,162 tonnes of ore at an average grade of 3.52 grams per tonne. The overall Cariboo gold project has a probable mineral reserve of 2.071 million ounces of gold from 17.815 million tonnes of ore at an average grade of 3.62 grams per tonne.

The project received its Mines Act and Environmental Management Act (EMA) permits in late 2024, completing the permitting process for key regulatory approvals.

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