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Osisko Development Corp. has resumed planned site activities at its 100%-owned Cariboo Gold Project in British Columbia after a temporary suspension following an isolated tragic incident on January 22, 2026. Operations are restarting under a phased plan coordinated with regulatory authorities, with health and safety emphasized as the top priority.
The site now has over 250 personnel supporting pre-construction, early works and exploration drilling. About 2.1 km of underground development has been completed from the Cow Portal into the Lowhee Zone, though progress has been slower than planned in challenging ground around the Lowhee fault. An ongoing 13-km underground infill program continues, with 1.6 km remaining on the 1260 level and additional drilling on the 1290 level.
Six surface drill rigs are active, including deeper drilling below the current Cariboo Gold deposit and a new program at the nearby Proserpine target, with roughly 5,500 meters completed so far and assays pending. Key infrastructure is advancing, including the waste rock storage facility, sediment control pond, and mine site complex early works, while the camp expansion to 266 rooms is complete to align with expected peak construction manpower for this flagship project.
Osisko Development Corp. filed an update about its upcoming Annual and Special Meeting of security holders. The meeting is scheduled for May 14, 2026. Shareholders of record on March 20, 2026 will be entitled to receive notice of the meeting and to vote.
The filing confirms that holders of common shares are the ones who may receive notice and vote at the meeting. The company will use notice-and-access for both registered shareholders and beneficial holders and will send proxy materials directly to certain beneficial owners while covering delivery costs for others.