Osisko Development Corp’s wholly-owned subsidiary, Barkerville Gold Mines Ltd, has entered into a definitive project and construction management services agreement with JDS Energy & Mining Inc for the development of the Cariboo gold project, in British Columbia, Canada.
A feasibility study on Cariboo, released in April 2025, envisioned a robust and scalable underground operation expected to produce approximately 1.89 Moz of gold over a 10-year mine life.
The project received an Environmental Assessment Certificate on October 10, 2023, in accordance with the BC Environmental Assessment Act (2018). Receipt of the EA Certificate successfully concluded the EA process for the project, which was launched in October 2019. The company was granted the BC Mines Act and Environmental Management Act permits in the December quarter of 2024.
Sean Roosen, Chairman and CEO, said: “Formalising our partnership with JDS supports an integrated approach to project delivery, as we advance the next phase of work at the Cariboo Gold Project. JDS’ project and construction management experience provides additional capacity and structure across planning and execution, supporting disciplined progress on the development of the Cariboo Gold Project.”
JDS is a Western Canada-based mining services company founded in 2004 by Jeff Stibbard and comprised of a diverse team of skilled and highly experienced mining and construction professionals. The team prides itself on delivering projects from concept through operations and ultimately reclamation – an approach it has executed across Canadian and international operations. Past projects include the Minto Mine, the Gahcho Kue Mine and the Silvertip Mine.
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