Osisko Gold Group advances Cariboo project development

Osisko Gold Group is advancing its Cariboo gold project following technical confirmations from Appian Capital Advisory. Appian has verified key technical credit conditions required for a second credit tranche, supporting the project's transition into its next development phase.

As gold prices have risen to approximately 4,680 USD per ounce, the project's economic sensitivity has become a focal point. This current market price significantly exceeds the 2,400 USD per ounce base assumption used in the 2025 feasibility study. According to the study's sensitivity analysis, a gold price of 4,500 USD per ounce would result in a modeled after-tax NPV5 of 3.249 billion CAD and an after-tax IRR of 51.9%.