Morning Briefing: Osisko Development Locks in a US$450M Loan Facility for Cariboo
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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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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.
insights 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.
insights 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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Osisko Development has entered into a credit agreement with funds advised by Appian Capital Advisory Limited for a senior secured project load credit facility totaling US$450 million for the development and construction of its permitted, 100%-owned Cariboo Gold Project located in central British Columbia. Collective Mining announced new assay results for five diamond drill holes designed to better outline and expand the shallow portion of gold-silver-copper-tungsten mineralization at the Apollo system. Denison Mines shared significant new intercepts of shallow high-grade uranium mineralization have been discovered at the McClean South zone. Patriot Battery Metals announced a maiden mineral resource estimate for caesium at the Rigel and Vega zones at its 100%-owned Shaakichiuwaanaan Property located in the Eeyou Istchee James Bay region of Quebec.
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Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-dash-gold.com
Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at equinoxgold.com
Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com