Osisko Development’s Cariboo gold project nears shovel-ready status as all key permits secured

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“Our government is pleased that this project is one step closer to operation, which will provide good, well-paying jobs and open up long-term opportunities for local small businesses, communities, and First Nations,” stated Jagrup Brar, BC’s minister of mining and critical minerals.

Full-scale construction is expected to commence in the second half of 2025, once Osisko makes a final investment decision. The company stressed it will only start when a project financial package is in place, adding that it is advancing discussions on various funding options.

Osisko received the following permits after a review by the mine review committee that was set up by the BC mines office:

  • Mines Act permit for the mine site complex and Bonanza Ledge deposit;
  • Mines Act permit for the QR mill;
  • Environmental Management Act permit for the mine site complex;
  • Environmental Management Act permit for QR mill;…

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