Osisko Development Announces Filing of the Technical Report FOR the San Antonio Mineral Resource Estimate, Sonora State, Mexico
OSISKO DEVELOPMENT ANNOUNCES FILING OF THE TECHNICAL REPORT FOR
THE SAN ANTONIO MINERAL RESOURCE ESTIMATE, SONORA STATE, MEXICO
MONTREAL, July 22, 2022 – Osisko Development Corp. (“Osisko Development” or the “Company”) is
pleased to report that it has filed on SEDAR the in dependent NI 43-101 Technical Report to present and
support the results of the Mineral Resource Estimate for the San Antonio Project as per the Company’s
news release dated June 30 th, 2022. The technical report was prepar ed by Micon International Inc. an
independent consulting firm based out of Toronto, Ontario.
Qualified Persons
The Independent and Qualified Persons for the Mineral Resources Estimate update, as defined by NI 43-
101, is Rodrigo Calles, P.Geo of Servicios Geológicos IMEx and William Lewis, P.Geo of Micon
International Limited.
Per NI 43-101, Maggie Layman, P.Geo. Vice President Exploration of Osisko Development Corp., is a
Qualified Person and has prepared, validated, and appr oved the technical and scient ific content of this
news release.
About Osisko Development Corp.
Osisko Development Corp. is uniquely positioned as a premier gold development company in North
America to advance the Cariboo Gold Project and other properties in the USA and Mexico, with the objective
of becoming the next mid-tier gold producer. The Cariboo Gold Project, located in central British Columbia,
Canada, is Osisko Development's flagship asset. The considerable exploration potential at depth and along
strike distinguishes the Cariboo Gold Project relative to other development assets. Osisko Development's
project pipeline is complemented by its interest in the San Antonio gold project, located in Sonora, Mexico
and the Trixie gold test mine, located in Utah, U.S.A.
For further information about Osisko Developm ent [(NYSE: ODV; TSX-V:ODV)], please visit
www.osiskodevelopment.com or follow us on Twitter @OsiskoDev
Investor Contact.:
Jean Francois Lemonde
VP Investor Relations
Tel: 514-299-4926
Cautionary Statements Regarding Estimates of Mineral Resources
This news release uses the terms indicated and inferre d mineral resources as a relative measure of the
level of confidence in the resource estimate. Readers are cautioned that mineral resources are not mineral
reserves and that the economic viability of resour ces that are not mineral reserves has not been
demonstrated. The mineral resource estimate disclosed in this news release may be materially affected by
geology, environmental, permitting, legal, title, socio- political, marketing or other relevant issues. The
mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and
Petroleum’s “CIM Definition Standards on Mineral Re sources and Mineral Reserves” incorporated by
reference into NI 43-101. Under NI 43-101, estimates of inferred mineral resources may not form the basis
of feasibility or pre-feasib ility studies or economic studies except for prelimin ary economic assessments.
Readers are cautioned not to assume that further work on the stated resources will lead to mineral reserves
that can be mined economically.
Forward-looking Statements
Certain statements contained in this news release may be deemed "forward-looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking
information" within the meaning of applicable Canadian securities legislation. These forward ‐looking
statements, by their nature, require Osisko Develo pment to make certain assumptions and necessarily
involve known and unknown risks and uncertainties that could cause actual results to differ materially from
those expressed or implied in these forward ‐looking statements. Forward ‐looking statements are not
guarantees of performance. Words such as "may", "w ill", "would", "could", "expect", "believe", "plan",
"anticipate", "intend", "estimate", "continue", or the negative or comparable terminology, as well as terms
usually used in the future and the condi tional, are intended to identify forward ‐looking statements.
Information contained in forward‐looking statements is based upon certain material assumptions that were
applied in drawing a conclusion or making a forecast or projection, including management's perceptions of
historical trends, current conditions and expected futu re developments, results of further exploration work
to define and expand mineral resources, as well as other considerations that are believed to be appropriate
in the circumstances, and any other information herein that is not a historical fact may be "forward looking
information". Material assumptions also include, m anagement's perceptions of hi storical trends, current
conditions and expected future developments, results of further exploration work to define or expand any
mineral resources, as well as other considerations that are believed to be appropriate in the circumstances.
Osisko Development considers its assumptions to be reasonable based on information currently available,
but cautions the reader that their assumptions re garding future events, many of which are beyond the
control of Osisko Development, may ultimately prove to be incorrect since they are subject to risks and
uncertainties that affect Osisko Development and its business. Such risks and uncertainties include, among
others, risks relating to capital market conditions, the ability to continue curre nt production, regulatory
framework, the ability of exploration activities (including drill results) to accurately predict mineralization;
errors in management's geological modelling; the ability of to complete further exploration activities,
including drilling; property and stream interests in the Project; the ability of the Company to obtain required
approvals; the results of exploration activities; risks relating to exploration, development and mining
activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-
governmental actions and the responses of releva nt governments to the COVID-19 outbreak and the
effectiveness of such responses. Readers are urged to consult the disclosure provided under the heading
"Risk Factors" in the Company's annual informat ion form for the year ended December 31, 2021, as
amended, which has been filed on SEDAR (www.sedar.co m) under Osisko Development's issuer profile
and on the SEC's EDGAR website (www.sec.gov), for fu rther information regarding the risks and other
factors applicable to the exploration results. Although the Company believes the expectations conveyed by
the forward-looking statements are re asonable based on information avail able at the date of preparation,
no assurances can be given as to future results, levels of activity and achievements. The Company
disclaims any obligation to update any forward-looking statements, whether as a result of new information,
future events or results or otherwise, except as r equired by law. There can be no assurance that these
forward-looking statements will prov e to be accurate, as actual resu lts and future events could differ
materially from those anticipated in such statements. Accordingly, readers should not place undue reliance
on forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No
stock exchange, securities commission or other regulato ry authority has approved or disapproved the
information contained herein