What Osisko Development does

Osisko Development Corp. (rebranding to Osisko Gold Group Inc., NYSE/TSX-V: ODV/OGG) is a North American gold development company headquartered in Montreal, Canada, focused on reviving past-producing mining camps in tier-1 jurisdictions to become an intermediate gold producer. The company operates two core assets: the fully permitted, feasibility-stage Cariboo Gold Project in central British Columbia (192,000 hectares, ~80 km strike, 2.07 Moz probable reserves at 3.62 g/t Au, targeting ~190,000 oz/yr over a 10-year mine life) and the Tintic Project in Utah's historic East Tintic District (including the producing Trixie mine, 17,783+ acres of patented mining claims). Technology is conventional underground mining with bulk-tonnage ore sorting, 10-meter grid infill drilling, and Chrysos PhotonAssay for rapid core analysis. The business model is commodity-driven: gold is sold at prevailing market prices into global metals markets (Q4 2025: $24.2M revenue from Tintic; Q1 2026: $2.2M from 270 oz), with Cariboo not yet in commercial production (target ~2028). Customer segments are essentially undifferentiated gold buyers (commodity markets) and capital markets (institutional, retail, and mining-focused investors). Distribution is through NYSE and TSX-V equity listings, US$450M Appian senior secured project debt, US$300M convertible senior notes, and private placements led by underwriters including National Bank Financial, BMO Capital Markets, RBC Capital Markets, and Cantor Fitzgerald; investor reach is amplified through mining conferences, analyst coverage by six firms, and inclusion in the VanEck Junior Gold Miners ETF. The leadership team is led by Chairman & CEO Sean Roosen, who previously led the discovery, development, and operation of the Canadian Malartic gold mine.

Name

Osisko Development

Legal name

Osisko Development Corp.

Website

https://osiskodev.com

Company type

Public

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

Osisko Development is a North American gold development company advancing the fully permitted Cariboo Gold Project in British Columbia and the producing Tintic Project in Utah toward intermediate gold producer status, selling gold at market prices to commodity markets and raising capital through public and private markets.

Ownership category

akta.pro rank

Product category

Gold Mining and Development

NAICS

Gold Ore and Silver Ore Mining (21222)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

Keywords

• Gold mining operations
• Mineral exploration
• Mining project development
• Precious metals extraction
• Underground gold mining

Headquarters

HQ city

Montreal

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Marketing or Sales

Revenue model

1. Gold Sales from Tintic Project: Small-scale gold production from Tintic Project's Trixie mine generating approximately $24.2 million in revenues and $8.7 million in operating income in Q4 and full-year 2025 (270 ounces in Q1 2026). Pre-commercial production phase at Tintic generating early cash flow.
2. Project Development Revenue (Cariboo Gold Project): Once the Cariboo Gold Project reaches commercial production (targeted ~2028), the company expects to generate significant gold production revenue of approximately 190,000 ounces per year at all-in sustaining costs of $1,157/oz over a 10-year mine life.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Osisko Development is a North American gold development company focused on advancing past-producing mining camps in tier-1 jurisdictions toward production. The company is developing its flagship fully permitted Cariboo Gold Project in central British Columbia (192,000-hectare land package with 2.07 Moz gold reserves) and the Tintic Project in Utah's historic East Tintic mining district, with the objective of becoming an intermediate gold producer.

Product overview

Osisko Development is a North American gold development company focused on past-producing mining camps with district-scale potential. The company operates two primary gold development projects: the Cariboo Gold Project (fully permitted feasibility-stage project in British Columbia with 2.07 Moz gold reserves) and the Tintic Project (exploration and development stage precious and base metal property in Utah). The company also holds interests in the James Bay Properties through Electric Elements Mining Corp. for lithium and precious metals exploration.

Differentiator

Problem solved

Functional benefit

Products and services

• Cariboo Gold Project The flagship fully permitted feasibility-level gold project located in central British Columbia in the historical Wells-Barkerville mining camp. The project covers approximately 192,000 hectares and includes approximately 80 kilometers strike of mineral targets, with probable mineral reserves of 2.07 million ounces of contained gold (17.8 Mt at 3.62 g/t Au). Targeted commercial production of ~190,000 oz/year at all-in sustaining costs of US$1,157/oz over a 10-year mine life.
• Tintic Project An exploration and development stage precious and base metal property located in western Utah County, approximately 95 miles south of Salt Lake City. The project encompasses most of the East Tintic District with 23 past-producing mines and includes the Trixie gold deposit, plus multiple gold and base metal targets including porphyry, epithermal and carbonate replacement deposits. Q1 2024 MRE: 244,590 t (M+I) at 19.11 g/t Au for 150,248 oz; 201,603 t (Inferred) at 7.80 g/t Au for 50,569 oz.
• James Bay Properties Early-mover prospective grounds near Newmont's Éléonore mine covering over 86,000 hectares in James Bay, Northern Quebec, Canada. The properties focus on lithium and precious metals exploration and are held through Electric Elements Mining Corp. (47% Osisko Development ownership).

Quantifiable outcome

• C$943M after-tax NPV5% at US$2,400/oz gold price for Cariboo Gold Project 2025 Feasibility Study
• +6 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core and strategic.

• JDS Energy & Mining Inc.coreImplementation/ SI/ Consulting Partner · 9 February 2026Osisko Development's wholly-owned subsidiary Barkerville Gold Mines Ltd. entered into a Project and Construction Management Services Agreement with JDS Energy & Mining Inc. for the development of the Cariboo Gold Project. The agreement formalizes JDS's role in providing integrated project delivery with additional capacity and structure across planning and execution, supporting disciplined progress on the next phase of development. The contract was signed in February 2026 and represents a major project management milestone as the company advances toward final investment decision and construction.
• Williams Lake First NationstrategicStrategic or Co-development PartnerOsisko Development signed a participation agreement with the Williams Lake First Nation in connection with the Cariboo Gold Project. The company has also issued shares to the Williams Lake First Nation pursuant to this agreement, reflecting a commitment to indigenous partnership and benefit-sharing for the project in central British Columbia.

Scale indicators18 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Osisko Mining Corp. Canadian gold developer spun out of the same Osisko ecosystem, focused on advancing the Windfall Lake gold project in Québec. Most direct peer given shared Osisko heritage, similar development-stage gold profile, and comparable Canadian tier-1 jurisdiction focus.
• Artemis Gold Inc. Development-stage gold company advancing the Blackwater Gold Project in British Columbia. Closely comparable to Osisko Development on asset stage, BC tier-1 jurisdiction, project financing structure, and transition path from developer to mid-tier producer.
• Skeena Resources Limited: Canadian gold developer advancing the Eskay Creek gold-silver project in British Columbia. Direct peer as a fully permitted, feasibility-stage BC gold developer at similar stage of pre-construction development.
• Marathon Gold Corporation: Development-stage gold company with the Valentine Gold Project in Newfoundland, Canada. Comparable as a North American gold developer transitioning to mid-tier producer status.
• Wesdome Gold Mines Ltd. Canadian-focused gold producer with the Eagle River and Kiena mines in Ontario and the recently commissioned Borden underground mine. Mid-tier producer peer with similar Canadian gold focus and underground mining approach.
• Argonaut Gold Inc. North American gold producer/developer with assets in Ontario, Utah, and Mexico (including a Magino project and Florida Canyon). Direct geographic overlap with Osisko in Utah (Tintic) and North American gold focus.

Broad incumbents

• IAMGOLD Corporation: Mid-tier gold producer with North American operating assets (Côté Lake in Ontario, Westwood in Québec). Broader incumbent operating at the scale Osisko Development targets post-Cariboo commissioning.
• Alamos Gold Inc. Intermediate gold producer with assets in North America (Young-Davidson, Island Gold in Ontario) and Mexico. Comparable business model of multi-asset North American gold production at the scale Osisko targets.
• Equinox Gold Corp. Multi-asset gold producer with North American and South American operations (Mesquite, Castle Mountain, Los Filos, Aurizona, Fazenda). Comparable as a North American-focused intermediate gold producer at Osisko's target scale.
• Centerra Gold Inc. Canadian-based mid-tier gold producer with operating mines and development projects across North America and beyond. Provides a broader incumbent benchmark for the intermediate gold producer business model Osisko is targeting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/osiskodev
• LinkedInlinkedin.com/company/osisko-dev

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds14 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Osisko Development