Osisko Development Announces Positive Feasibility Study Results for the Cariboo Gold Project

January 3, 2023

https://www.globenewswire.com/news-release/2023/01/03/2582571/0/en/Osisko-Development-Announces-Positive-Feasibility-Study-Results-for-the-Cariboo-Gold-Project.html

163,695 Ounces of Average Annual Gold Production Over 12 Year Mine Life
Bulk Tonnage UG Mining with Ore Sorting to Minimize Cost & Environmental Footprint
Initial Probable Mineral Reserves of 2.03 Moz of Gold (16.7 Mt at 3.78 g/t Au)
After-tax NPV5% of C$502 Million and 20.7% IRR (unlevered) at US$1,700/oz Au
EA Certificate Process Progressed to Final Effects Assessment Phase

Read more at globenewswire.com

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