Osisko Development (TSXV:ODV) - Building Tier-One Gold & Copper Mines

Company Interviews

Interview with Sean Roosen, Founder & CEO of Osisko Development Corp.

Recording date: 5th June 2024

Osisko Development Corporation, led by seasoned mining executive Sean Roosen, presents a compelling investment opportunity for those seeking exposure to high-quality gold and copper assets in top mining jurisdictions. The company's flagship Cariboo gold project in British Columbia is rapidly advancing towards production, with key permits expected by mid-2024. Cariboo boasts the potential to produce over 200,000 ounces of gold annually, anchoring a larger district-scale mining camp akin to Osisko's renowned Canadian Malartic mine in Quebec.

Roosen and his team have a proven track record of discovering, financing, and building world-class mines, notably taking Canadian Malartic from discovery to production in just six years. This experience positions Osisko Development to successfully navigate the complexities of mine development and optimize value for shareholders. The company's strategy focuses on acquiring and advancing tier-one assets in favorable jurisdictions, leveraging its expertise and financial resources to unlock their full potential and create the best gold mining stock companies..

Beyond Cariboo, Osisko Development's extensive land package in Utah offers significant upside for exploration targeting a major copper-gold porphyry system. The property, also hosts near-term production potential from historic high-grade gold and base metal mines. This combination of exploration optionality and near-term cash flow generation enhances the company's overall value proposition.

Osisko Development benefits from a strong financial position, with access to capital through multiple channels. Its C$4 billion royalty company, Osisko Gold Royalties, provides a competitive source of funding, while listings on the New York and Toronto Stock Exchanges expand its investor base. The company's ability to utilize various financing tools, including royalties, streams, strategic partnerships, and equity, gives it the flexibility to advance its projects efficiently.

Importantly, Osisko Development's focus on gold and copper aligns with the robust global demand for these metals. Gold's role as a safe haven and inflation hedge has become increasingly relevant in an era of economic uncertainty, while copper's critical role in the energy transition positions it for long-term structural demand growth. Osisko Development offers investors a compelling way to participate in these macro trends by providing leveraged exposure to these key commodities.

In a mining industry characterized by a scarcity of new discoveries and declining grades, Osisko Development's portfolio of high-quality, district-scale assets stands out. As Roosen noted, tier-one gold projects producing over 300,000 ounces per year are exceedingly rare, with only a handful in development globally. This scarcity value, combined with the company's proven management team and strategic positioning in key commodities, makes Osisko Development a compelling investment opportunity.

Investors seeking exposure to the next generation of tier-one gold and copper mines should consider Osisko Development as a means to participate in this exciting growth story. With Cariboo nearing production, a robust exploration pipeline in Utah, and a world-class team at the helm, the company is well-positioned to create significant shareholder value in the years ahead. As with any mining investment, thorough due diligence is warranted, but for those with a bullish outlook on gold and copper, Osisko Development presents a unique and compelling opportunity.

View Osisko Development Corp's company profile: https://www.cruxinvestor.com/companies/osisko-development

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