Osisko Development publishes MD&A for three months ended March 31, 2026
Osisko Development
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- Osisko Development published its Q1 2026 MD&A, highlighting progress at Cariboo Gold Project alongside revenue from Tintic gold sales.
- Cariboo pre-construction work continued, including underground development toward Cow Mountain, surface infrastructure buildout, camp expansion to 266 rooms, and water treatment plant upgrades with full operation expected in Q2 2026.
- Infill drilling at Cariboo reached 13,684 meters, completing planned 13,000-meter program, with final results expected in Q2 2026; broader exploration and conversion drilling plan targets up to about 160,000 meters during 2026.
- Liquidity increased with cash and cash equivalents of CAD 594.29 million at quarter-end; working capital of CAD 355.12 million; adjusted working capital of CAD 543.62 million.
- MD&A flagged funding needs beyond March 2027 despite available cash and credit facilities; additional financing expected to support obligations, commitments, and forecast spending.
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 Development Corp. published the original content used to generate this news brief on May 11, 2026, and is solely responsible for the information contained therein.
