Osisko Gold says Lowhee Zone infill drilling supports Cariboo mine plan assumptions

Reuters2026/07/23 11:04

By:Reuters

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Osisko Gold released final infill drilling results for the Lowhee Zone at its fully permitted, 100%-owned Cariboo Gold Project in British Columbia.
Internal reconciliation versus the short-term model showed Zone 1 with 30% more tonnes, 6% more gold ounces, 18% lower grade.
Zone 2 showed 8% fewer tonnes, 8% more gold ounces, 16% higher grade.
Technical conditions to access the remaining undrawn USD 350 million under its senior secured project loan facility targeted for Q3 2026.
Appian Capital Advisory review and sign-off remains a key step before the funding conditions are met.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Osisko Gold Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-004846), on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Osisko Gold says Lowhee Zone infill drilling supports Cariboo mine plan assumptions

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