Barkerville Gold Mines Toll Milling Accord

Osisko Development (TSX.V: ODV)

Announced an agreement with Nicola Mining to toll treat ore from their Barkerville Gold subsidiary at NM’s processing facility located at Merritt, B.C.

Merritt is around 6 hours driving distance from the Barkerville Gold project in the Cariboo region of British Columbia.  Continue reading

Mining Review Sunday Update PDAC 2022 Edition

Mining Review Sunday Update PDAC 2022

Another poor week for the junior mining sector as prices slid further downwards, with the TSX Venture Exchange Index down 9% in a week.

It was the week that Osisko Development announced the temporary closure and care and maintenance of the former Barkerville Gold’s Bonanza Ledge Mine in the Cariboo, due to the higher costs of mining.  […]  Continue reading

Osisko Development Close Barkerville Gold Mine

Osisko Development (TSX.V: ODV)

Announced that the former Barkerville Gold Mine at Bonanza Ledge in the Cariboo has been temporarily closed, and put on to care and maintenance, as a result of escalating costs effecting the mining industry.

Is this the first of many such closures due to escalating fuel prices and wages we ask ourselves?  […]  Continue reading

Minera Alamos Major Shareholder Osisko Disposal

Minera Alamos (TSX.V: MAI)

Osisko Development Corp. (TSX.V: ODV) announced that it has disposed of a total of 34,290,000 common shares Minera Alamos Inc. at a price ranging from $0.50 to $0.57 per common pursuant to market dispositions performed from October 25, 2021 to December 29, 2021 for gross proceeds of $18,532,170.

Following this, ODV now owns, 41,790,000 common shares of Minera Alamos representing approximately 9.4%   […] Continue reading