Mining Stock Daily

Morning Briefing: Osisko Development Locks in a US$450M Loan Facility for Cariboo

4 snips
Jul 21, 2025
A stunning $450 million loan boost for the Cariboo Gold Project is shaking up the mining world. Fresh assay results from Collective Mining promise exciting expansions in gold-silver-copper-tungsten deposits. Denison Mines has uncovered impressive high-grade uranium in the McClean South zone. Meanwhile, Patriot Battery Metals reveals a new caesium resource estimate at its Quebec property, highlighting the growing importance of lithium and tantalum. It's a gold rush of updates that no investor should miss!
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INSIGHT

Osisko's Major Project Funding

  • Osisko Development secured a US$450 million senior secured loan for its Cariboo Gold project in British Columbia.
  • This funding supports drilling, construction, and the repayment of a prior $25 million term loan, marking a key development milestone.
INSIGHT

Collective Mining's Apollo Expansion

  • Collective Mining released drill results highlighting significant shallow gold-silver-copper-tungsten mineralization at Apollo.
  • They are advancing both shallow and deep drilling to expand and better define this mineralization.
INSIGHT

Denison Mines' High-Grade Uranium Discovery

  • Denison Mines reported new intercepts of high-grade uranium at McClean South, close to their existing deposit.
  • The JV has started commercial mining nearby using an innovative Sabre mining method.
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