Northwire Canada EditionTuesday, July 28, 2026
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BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.62 −3.0% GEN 0.070 +0.0% MAI 4.40 −1.8% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.155 +0.0% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.290 −3.3% HMR 0.540 +0.0% NRC 0.960 −4.0% SIG 0.925 +0.5% LMR 0.120 +60.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.62 −3.0% GEN 0.070 +0.0% MAI 4.40 −1.8% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.155 +0.0% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.290 −3.3% HMR 0.540 +0.0% NRC 0.960 −4.0% SIG 0.925 +0.5% LMR 0.120 +60.0%
Drill Results

Osisko Development Provides Infill Drilling Update on Its 13,000-Meter Lowhee Program at Cariboo Gold Project; Intercepts Include 45.24 G/T Gold Over 3.0 Meters, Including 233.92 G/T Gold Over 0.5 Meters

By The Northwire Desk — AI Analysis Oct 06, 2025 · 08:15 ODV · 4.72 Osisko Development Corp.
ODV · Price

Executive Summary

  • Osisko Development completed the first 2,279 m of a 13,000‑m underground infill program at 10‑m spacing in the Lowhee Zone, representing ~17.5 % of the total planned work.
  • High‑grade intercepts were returned, notably 45.24 g/t Au over 3.0 m (including 233.92 g/t Au over 0.5 m) and several other intervals >40 g/t Au, underscoring strong continuity with modeled vein zones and reserve stopes.
  • The results are presented as material evidence that the systematic infill program is derisking resource modelling, mine planning and future stope design for the Cariboo Gold Project.

Key Details

  • Program Scope: 13,000 m total planned; first three “fans” = 2,279 m completed (≈17.5 % of program).
  • Drill Coverage: 24 underground infill/exploration HQ diamond holes, 3‑fan layout, 40 m spaced fans, depths 54–114 m.
  • Top High‑Grade Intercepts (hole – grade – width):
  • BMU‑25‑075: 45.24 g/t Au over 3.0 m (incl. 233.92 g/t Au over 0.5 m, 35.19 g/t Au over 0.5 m).
  • BMU‑25‑065: 41.17 g/t Au over 2.1 m (incl. 142.56 g/t Au over 0.5 m, 19.20 g/t Au over 0.6 m, 5.88 g/t Au over 0.5 m).
  • BMU‑25‑079: 16.36 g/t Au over 4.6 m (incl. 111.75 g/t Au over 0.5 m, 25.03 g/t Au over 0.6 m, 5.17 g/t Au over 0.5 m).
  • BMU‑25‑073: 38.92 g/t Au over 1.5 m (incl. 113.06 g/t Au over 0.5 m, 3.17 g/t Au over 0.5 m).
  • BMU‑25‑078: 8.97 g/t Au over 3.5 m (incl. 59.94 g/t Au over 0.5 m).

  • Additional notable intervals: 9.87 g/t Au over 3.95 m, 7.06 g/t Au over 4.5 m, 8.97 g/t Au over 3.5 m, 5.67 g/t Au over 6.0 m, etc.

  • Assay Methodology: Photon‑assay (PA1408X) and fire‑assay with AAS finish; QC samples inserted regularly; intervals not recovered assigned zero grade; no top cuts applied.

  • Geological Context: Intercepts occur within modeled vein zones and planned stopes, confirming continuity and suggesting potential for delineating new zones or expanding existing ones near infrastructure.

  • Project Impact: The data will be used to refine the Cariboo Gold Project’s resource model, support mine‑plan optimisation, and potentially increase measured/reserve tonnage in the Lowhee Zone (currently 104,491 oz Au in probable reserves).

Notable Quotes

“We have observed good continuity consistent with modeled vein zones… The presence of high‑grade composites within and adjacent to modeled reserve stopes is encouraging…” – Chris Lodder, President

All non‑material boilerplate, forward‑looking disclaimer text and company background sections have been omitted for brevity.

Read the original news release →

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