- Osisko Development (ODV, Financial) unveils a new feasibility study for its Cariboo Gold Project with robust financial metrics.
- After-tax NPV5% reaches C$943 million at a base gold price of US$2,400/oz, escalating to C$2.1 billion at US$3,300/oz.
- The project is fully permitted, enhancing its developmental prospects and reducing associated risks.
In a significant development for Osisko Development Corp. (ODV), the company has filed a new NI 43-101 feasibility study technical report for its fully owned Cariboo Gold Project, located in central British Columbia, Canada. The 2025 Feasibility Study, which was made effective on April 25, 2025, details compelling economic metrics that highlight the project's potential.
The report reveals an impressive after-tax Net Present Value (NPV) at a 5% discount rate (NPV5%) of C$943 million, with an Internal Rate of Return (IRR) of 22.1% based on a base case gold price of US$2,400 per ounce. At the current spot gold price of US$3,300 per ounce, the project's after-tax NPV5% increases significantly to C$2.1 billion, with an IRR soaring to 38.0%.
The technical report, which supersedes the previous January 2023 report, was prepared by multiple independent engineering firms, enhancing its credibility. With the project being fully permitted, Osisko Development is well-positioned to advance its flagship project toward production, offering substantial upside potential in the current gold market environment.
