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Osisko Gold's Cariboo Project Maintains 2029 Gold Pour Timeline

Oct 27, 2026, 7:09 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Positive progress de-risks the large capex, supports future production expectations, and may lift valuation if milestones remain on track; however, the long lead time to production tempers near-term upside.

AI summary

What happened, with direct paths to the underlying reporting

Osisko Gold Group reports the Cariboo Gold Project remains on track for a Q1 2029 first gold pour and H2 2029 commercial production. As of Sept 30, 2026, the project is ~28% complete with $355 million spent and about $907 million remaining to complete. Engineering is 42% done and over half of procurement packages have been awarded, underscoring ongoing construction momentum and steady execution against the revised plan.

Cariboo Gold Project remains on schedule for Q1 2029 first pour; commercial production in H2 2029.
As of Sept 30, 2026, project ~28% complete with $355m spent; ~$907m remaining.
Engineering ~42% complete; >50% of procurement packages awarded, signaling momentum.
Final investment decision announced in September; Osisko emphasizes construction momentum.

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