Mining Review 8th January 2023
Gold and silver have risen strongly this week, gold is now at US$1866.
Some of our stocks were lively in the first week of trading after the Canadian tax loss selling season ended, with Karora, Minera Alamos, and Orla Mining performing well. Continue reading
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
Osisko Development Corp. (TSX.V: ODV)
Announced the remaining and final drilling results from the 2021 exploration and category conversion drill campaign of its Cariboo Gold Project in central British Columbia.
This is the former Barkerville Gold property. […] Continue reading
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 (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 (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
