StockWatch
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Precious Metals
PartnershipJul 22, 2026, 07:01 PM

Osisko Gold signs $3M community support deal for Cariboo Gold Project

AI Summary

Osisko Gold Group Inc., through its subsidiary Barkerville Gold Mines Ltd., has entered into a Support and Benefits Agreement with the District of Wells, British Columbia. This agreement, effective July 21, 2026, commits up to $3.0 million in voluntary financial contributions over three years to support social and economic initiatives for the Cariboo Gold Project. The funds will be advanced in stages for long-term community infrastructure investments and other priorities, including $500,000 for WILDways High School. The agreement aims to foster collaboration and ensure local benefits as the project advances.

Key Highlights

  • Signed Support and Benefits Agreement with District of Wells, BC.
  • Voluntary financial contributions up to $3.0 million in aggregate.
  • Contributions to be made over a three-year term.
  • Supports social and economic initiatives for Cariboo Gold Project.
  • $500,000 allocated for WILDways High School infrastructure.
  • Agreement effective July 21, 2026.