Source: Deutsche Nachrichten
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• 3,933 m of new infill drilling in 36 holes from the Lowhee Zone 1290 m level. Highlight intercepts include:
• 7.28 g/t Au over 16.15 m (~105 m vertical depth), including 173.66 g/t Au over 0.60 m, 6.80 g/t Au over 0.50 m, 5.39 g/t Au over 0.50 m, and 3.58 g/t Au over 0.50 m
• 7.13 g/t Au over 11.60 m (~61 m vertical depth), including 62.06 g/t Au over 0.50 m, 31.88 g/t Au over 0.80 m, 18.85 g/t Au over 0.50 m, 7.13 g/t Au over 0.85 m, 6.47 g/t Au over 0.90 m, and 2.23 g/t Au over 0.85 m
Osisko Gold Group Inc. (NYSE: OGG, TSXV: OGG) (“Osisko Gold” or the “Company”) – https://www.commodity-tv.com/… – is pleased to announce new results from its ongoing definition infill drilling program on 10-15 metre (“m”) target spacing totaling 3,933 m in 36 holes drilled from the 1290 m level in the Lowhee Zone of the Company’s flagship, permitted, 100%-owned Cariboo Gold Project (the “Project”), currently under construction in central British Columbia, Canada.
Chris Lodder, President, stated, “Ongoing underground infill drilling continues to strengthen our confidence in the Lowhee Zone of the Cariboo Gold deposit. Intercepts outside the modelled reserve stopes also suggest potential for resource conversion and upside mineralization, reinforcing the Cariboo Gold Project’s potential as underground development advances into new zones.”
Corporate Updates
• In connection with the ongoing construction of the Cariboo Gold Project, the Company, through its whollyowned subsidiary, Barkerville Gold Mines Ltd., has awarded the continuing underground mine development and related works contract to current contractor JDS Energy & Mining Inc. (“JDS”) effective October 5, 2026.
• The Company also announces that it has granted an aggregate of (i) 72,700 stock options of the Company (the “Options”), and (ii) 553,700 restricted share units of the Company (“RSUs”) to certain newly hired senior officers and non-executive employees (collectively, the “Incentive Awards”), pursuant to the Company’s omnibus equity incentive plan (“Omnibus Plan”). The Incentive Awards are designed to align the interests of the recipients with those of shareholders and support the execution of the Company’s long-term growth strategy. The Options are exercisable at a price of C$4.00 per common share of the Company (based on the October 2, 2026, closing price on the TSX Venture Exchange) and will expire on October 5, 2031. The Options will vest in three equal installments over the next three years. The RSUs will cliff vest on October 5, 2029, and are subject to time and performance conditions.
DRILL ASSAY HIGHLIGHTS
This news release contains assays from thirty-six (36) diamond drillholes (“DD”) completed in four fans totaling 3,933 m drilled to the northwest from the L1290-ORE-000 drill station with depths ranging from 81.20 to 150.50 m (see Table 1 and Figures 5-9). All holes were collared in HQ (63.5 millimetre diameter). Estimated true widths of intercepts are provided in Table 1. Select photon assay highlights include:
• 7.28 grams per tonne (“g/t”) gold (“Au”) over 16.15 m at ~105 m vertical depth in BMU-26-121, including:
– 173.66 g/t Au over 0.60 m, and
– 6.80 g/t Au over 0.50 m, and
– 5.39 g/t Au over 0.50 m, and
– 3.58 g/t Au over 0.50 m
• 7.13 g/t Au over 11.60 m at ~61 m vertical depth in BMU-26-075 (Figure 1), including:
– 62.06 g/t Au over 0.50 m, and
– 31.88 g/t Au over 0.80 m, and
– 18.85 g/t Au over 0.50 m, and
– 7.13 g/t Au over 0.85 m, and
– 6.47 g/t Au over 0.90 m, and
– 2.23 g/t Au over 0.85 m
• 9.40 g/t Au over 8.50 m at ~72 m vertical depth in BMU-26-076, including:
– 78.39 g/t Au over 0.65 m, and
– 41.31 g/t Au over 0.55 m, and
– 3.77 g/t Au over 0.55 m, and
– 3.06 g/t Au over 0.50 m
• 29.30 g/t Au over 2.10 m at ~62 m vertical depth in BMU-26-096 (Figure 2), including:
– 111.38 g/t Au over 0.55 m
• 10.26 g/t Au over 5.75 m at ~56 m vertical depth in BMU-26-076, including:
– 60.62 g/t Au over 0.80 m, and
– 7.84 g/t Au over 0.50 m, and
– 5.28 g/t Au over 0.50 m, and
– 4.82 g/t Au over 0.50 m
• 4.04 g/t Au over 14.35 m at ~78 m vertical depth in BMU-26-098, including:
– 29.57 g/t Au over 1.00 m, and
– 20.35 g/t Au over 1.00 m, and
– 7.06 g/t Au over 0.50 m
• 9.98 g/t Au over 5.70 m at ~91 m vertical depth in BMU-26-118, including:
– 72.45 g/t Au over 0.60 m, and
– 8.75 g/t Au over 0.75 m, and – 6.38 g/t Au over 0.50 m, and
– 3.16 g/t Au over 0.50 m
• 11.17 g/t Au over 3.05 m at ~65 m vertical depth in BMU-26-119, including:
– 50.82 g/t Au over 0.50 m, and
– 14.38 g/t Au over 0.50 m
• 2.71 g/t Au over 9.95 m at ~63 m vertical depth in BMU-26-097, including:
– 19.51 g/t Au over 0.95 m, and
– 6.95 g/t Au over 0.50 m, and
– 4.87 g/t Au over 0.50 m
• 4.10 g/t Au over 6.50 m at ~40 m vertical depth in BMU-26-047, including:
– 17.25 g/t Au over 0.50 m, and
– 14.98 g/t Au over 0.50 m, and
– 9.18 g/t Au over 0.50 m, and
– 6.33 g/t Au over 0.50 m, and
– 2.51 g/t Au over 0.50 m
Complete assay highlights, including true width estimates, are presented in Table 1. Vertical depths are measured from modelled topographic surface to the interval mid-point. Drill hole locations and orientations are listed in Table 2. Intervals not recovered were assigned zero grade. Top cuts have not been applied to high grade assays.
Cut-off assay composites from ongoing infill drilling at the 1290 Level, presented in plan in Figure 5 and in cross section in Figures 6-9, show a degree of spatial correlation with modelled reserve stopes; intercepts outside these areas suggest potential for resource conversion and upside mineralization.