09:16 AM EDT, 10/06/2025 (MT Newswires) -- Osisko Development ( ODV ) was at last look up 2.2% in US premarket trade as it reported Monday new infill drilling results from its ongoing 13,000-meter program at the Cariboo gold project in British Columbia. A statement noted highlights include 45.24 grams per tonne gold over 3.0 meters, including 233.92 g/t gold over 0.5 meters.

Monday's statement said the results focused on a 10-meter drill spacing that commenced in August 2025 in the Lowhee zone. The first three fans of the program consisted of about 2,279 meters of underground infill drilling.

"We have observed good continuity consistent with modelled vein zones and planned stope shapes with these initial results," Osisko Development ( ODV ) President Chris Lodder said.

"The presence of high-grade composites within and adjacent to modelled reserve stopes is encouraging and highlights the value of systematic underground infill drilling," Lodder added.

ODV rose near 2% to near 52 week highs in Canada last Friday.