Mining

Osisko Development Hits Remarkable Gold Grade in Trixie, Tintic Project Drilling

Published February 23, 2024

Osisko Development Corp. (NYSE: ODV, TSXV: ODV, otherwise known as Osisko Development or the Company, has made a significant announcement regarding their exploration endeavors. The Company has revealed exceptional drilling results and underground chip sampling data, constituting part of its comprehensive 2023 exploration program at the Tintic Project, particularly regarding the Trixie area.

Impressive Gold Concentration Discovered

In an underground drilling operation at Trixie, one of the major highlights was an intercept that yielded an extraordinary 610 grams per tonne (g/t) of gold over a narrow yet impressive 0.46-meter span. This discovery underscores the potential high-grade nature of mineralization at the Tintic Project and aligns with Osisko Development's strategic focus on advancing exploration to enhance the project's value.

Strategic Exploration and Development

The Company's exploration scheme has intensified, aiming to methodically delineate the mineral wealth present within its claims. Alongside the headline-grabbing gold intercept, Osisko Development has conducted expansive underground chip sampling across new development areas, constituting a foundational element of their 2023 exploratory program. These efforts demonstrate their commitment to expanding the project's resource base and ensuring informed and efficient advancement of the site.

Investors are taking note of these developments as Osisko Development, trading under the stock tickers NYSE: ODV and TSXV: ODV, continues to position itself as a notable name within the precious metals sector, with this recent discovery potentially heralding a new phase of prosperity and growth for the Company and its stakeholders.

Osisko, Gold, Investment