Osisko Development (“ODV”) has announced the company has initiated a new discovery focused exploration programme at the company’s Cariboo project in British Columbia. This programme will include 70,000m of drilling across a number of targets including Cariboo Deep, Proserpine Mountain, and Barkerville Mountain. In our view, this has the potential to significantly add to the 2.07Moz reserve with a further 1.6Moz of M&I and 1.8Moz of Inferred. Should this phase of exploration be successful, we bel ....
