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Rich in Ambition

The BOSS Magazine

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July 2023

WITH PIONEERING TECHNOLOGY AND A DEDICATED APPROACH TO SUSTAINABILITY, OSISKO DEVELOPMENT IS REDEFINING MINING FOR A BETTER FUTURE

Rich in Ambition

“At Osisko we strive to do things differently, to demonstrate that sustainable development is an intrinsic part of mining that generates lasting positive impacts for the local communities. We hope to lead by example and inspire others to follow us.” This declaration comes from François Vézina, P.Eng., MBA, Senior VP of Project Development, Technical Services and Environment for Osisko Development (TSX.V/ NYSE:ODV), the developers of a groundbreaking approach to mining that is revisioning what is possible when it comes to sustainability, safety, and community engagement.

Their flagship asset, the Cariboo Gold Project in the small British Columbia town of Wells, is on the verge of completing permitting after being the first project in the province to go through a new rigorous provincial environmental assessment process. Cariboo will be a smart mine unlike any other in Canada and will employ about 500 people in Wells and from surrounding communities.

With opportunities for gainful employment slim in the town of 200 residents, Cariboo may be the economic regenerator for the community and the potential to operate beyond the initial 12-year expected mine life. Osisko is partnering with the area’s Indigenous Nations on the breakthrough project, which is built on their desire to be not just a good neighbor, but the best neighbor possible. And they’re proving it with their rock-solid commitment to environmental responsibility and social engagement.

“We’re not just following regulations, we want to be the best when it comes to meeting the concerns of the community,” he said.

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