What Osisko Gold Group does

Osisko Gold Group Inc. (NYSE/TSX-V: OGG; renamed from Osisko Development Corp. in July 2026) is a North American gold development company advancing two core assets in tier-1 jurisdictions: the fully permitted, feasibility-stage Cariboo Gold Project in central British Columbia, Canada (~192,000-hectare land package, 17.8 Mt at 3.62 g/t Au reserves for ~1.89 Moz of contained gold targeting ~190 koz/year over a 10-year mine life, C$943M after-tax NPV5% and 22.1% IRR at US$2,400/oz), and the Tintic Project in Utah (an exploration and small-scale production property encompassing 23 past-producing mines in the East Tintic District, including the Trixie deposit). The company was spun out of Osisko Gold Royalties in 2020 and traces its technical lineage to the team that built the Canadian Malartic mine, sold to Agnico Eagle and Yamana for $4.1 billion in 2014.

The business is structured around a multi-year capital-intensive development program funded through a stack of project debt (US$450M Appian Capital senior secured loan), convertible notes (US$300M at 4.125% due 2031), and equity, with ~C$837M of cash on the balance sheet as of June 30, 2026. Revenue today is derived solely from small-scale operations at Tintic — Q2 2026 generated C$32.7M from 5,547 gold ounces sold via test mining, heap leaching, and direct-shipping — supplemented by silver and base-metal by-products. Gold is sold into global commodity markets at prevailing prices with no contracted off-takers.

The go-to-market is bifurcated: an enterprise/capital-markets motion targeting institutional investors and lenders to fund construction, and an event-driven motion (PDAC, BMO Global Metals & Mining, Precious Metals Summit Beaver Creek, Mining Forum Americas) to maintain investor awareness and support continued capital raising. The company has secured social license through Participation Agreements with the Williams Lake First Nation (2021) and a Support and Benefits Agreement with the District of Wells (2026), and holds a 47% interest in Electric Elements Mining Corp. (James Bay lithium/precious metals, spun out in November 2023).

Name

Osisko Gold Group

Legal name

Osisko Gold Group Inc.

Website

https://osiskogold.ca

Company type

Public

Founded year

2020

Operating status

Operating

Short description

Osisko Gold Group Inc. (NYSE/TSX-V: OGG) is a North American gold developer advancing the fully permitted Cariboo Gold Project in British Columbia and the Tintic Project in Utah toward intermediate-gold-producer status, generating pre-construction revenue from small-scale Tintic test mining and heap leaching.

Ownership category

akta.pro rank

Product category

Gold Mining and Mineral Exploration

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 Ore Processing & Beneficiation (IMAKAEAD)

Keywords

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

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Gold Sales: The company generates revenue through the sale of gold produced from its mining operations. Currently generating small-scale revenues from test mining and heap leaching at the Tintic Project, with 5,547 ounces of gold sold in Q2 2026. Future revenues expected from the fully-permitted Cariboo Gold Project currently under development.
2. Silver and Base Metal Sales: The Tintic Project produces silver, copper, lead, and zinc as by-products from precious metal processing, contributing additional revenue streams.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Osisko Gold Group is a North American gold development company that advances past-producing mining camps toward production. Its principal asset is the fully permitted Cariboo Gold Project in central British Columbia, Canada, expected to produce approximately 1.89 million ounces of gold over a 10-year mine life, complemented by the Tintic Project in Utah, USA, and the James Bay exploration properties in Quebec. The company generates small-scale revenue through test mining, heap leaching, and direct shipping of mineralized material at the Tintic Project.

Product overview

Osisko Gold Group is a North American gold development company operating a multi-asset portfolio centered on two core advanced-stage gold projects: the fully permitted Cariboo Gold Project in central British Columbia, Canada (100%-owned), and the Tintic Project in Utah, USA (100%-owned). The Cariboo Gold Project is a shovel-ready underground mine development with a published 2025 Feasibility Study envisioning ~1.89 Moz gold production over 10 years, while the Tintic Project is an exploration-stage property featuring the Trixie gold deposit and multiple porphyry, epithermal, and carbonate targets. The portfolio is complemented by the James Bay Properties in Northern Quebec, a 47%-held exploration asset targeting lithium and precious metals near Newmont's Éléonore mine.

Differentiator

Problem solved

Functional benefit

Products and services

• Cariboo Gold Project A fully permitted feasibility-stage underground gold mining development project located in central British Columbia, Canada, covering approximately 192,000 hectares in the historical Wells-Barkerville mining camp. Per the 2025 Optimized Feasibility Study, the project is expected to produce approximately 1.89 million ounces of gold over a 10-year mine life with after-tax NPV5% of C$943M and 22.1% IRR at US$2,400/oz base case.
• Tintic Project An exploration and development-stage precious and base metal property located in western Utah County, Utah, USA, encompassing most of the East Tintic mining district with 23 past-producing mines and the Trixie gold deposit. Includes multiple gold and base metal targets (porphyry, epithermal, and carbonate) and currently generates small-scale revenue from test mining, heap leaching, and direct shipping of mineralized material.
• James Bay Properties Early-mover prospective exploration grounds covering approximately 186,000 hectares in Northern Quebec, near Newmont's Éléonore gold mine, targeting lithium and precious metals. Held through Osisko's 47% interest in Electric Elements Mining Corp., a joint venture with O3 Mining Inc.

Quantifiable outcome

• C$943M after-tax NPV5% at US$2,400/oz gold price
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered major and core.

• District of WellsmajorStrategic or Co-development Partner · 21 July 2026Support and Benefits Agreement effective July 21, 2026, providing voluntary financial contributions of up to $3.0 million over three years to support social and economic initiatives in the District.
• Electric Elements Mining Corp.coreStrategic or Co-development Partner · 15 November 2023Joint venture with O3 Mining Inc. to explore James Bay properties for lithium. Osisko holds 47% interest through spin-out of James Bay properties. Properties cover over 186,000 hectares near Newmont's Éléonore mine.
• O3 Mining Inc.coreStrategic or Co-development Partner · 15 November 2023Joint venture partner with Osisko in Electric Elements Mining Corp. for James Bay lithium exploration properties covering over 186,000 hectares.
• Williams Lake First NationcoreStrategic or Co-development Partner · 1 May 2021Participation Agreement signed for the Cariboo Gold Project, providing for Indigenous community engagement and economic benefits from the project.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Centerra Gold: Canadian-based intermediate gold producer with operating mines in Canada, Turkey and Mongolia; comparable to Osisko in scale and North American gold mining focus.
• New Gold: Intermediate gold producer with Canadian (Rainy River) and Chilean (Cerro Morro) operations; comparable as a multi-asset North American-focused gold producer of similar scale.
• Perpetua Resources: Development-stage gold-antimony company advancing the Stibnite project in Idaho; directly comparable as a North American gold developer in advanced permitting/feasibility stages led by ex-Midas Gold management.
• Victoria Gold: Canadian gold producer operating the Eagle mine in Yukon; closely comparable to Osisko as a single-asset North American gold developer/producer with similar production profile.
• Argonaut Gold: Intermediate gold producer with North American assets progressing through construction and expansion; similar in size and stage to Osisko as a North American-focused intermediate gold developer.
• IAMGOLD: Canadian mid-tier gold producer with development projects (e.g., Côté Lake) in tier-1 jurisdictions; directly comparable to Osisko as a North American intermediate gold developer with similar capital intensity and jurisdictional profile.
• Wesdome Gold Mines: Canadian intermediate gold producer operating the Eagle River and Kiena mines in Ontario/Quebec; comparable in scale and North American gold producer profile.
• Alamos Gold: Intermediate gold producer with Canadian (Young-Davidson, Island Gold) and Mexican operations; comparable in scale and strategy of building intermediate-tier gold production from past-producing or advanced-stage assets.
• Equinox Gold: Intermediate gold producer/developer with multiple North American (and Brazilian) operations, comparable in scale and stage to Osisko as a multi-asset gold platform progressing toward mid-tier status.

Broad incumbents

• Osisko Gold Royalties: Sister company spun out of the original Osisko Mining Corp., focused on precious metals royalties and streams; comparable as a related Osisko-ecosystem company with overlapping leadership (Sean Roosen founded both) and exposure to the same management expertise, though operating under a different business model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Osisko Gold Group