Osisko Development Chooses Hatch for Cariboo Gold Project Management

MONTREAL, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce that its wholly-owned subsidiary, Barkerville Gold Mines Ltd., has entered into a definitive Project and Construction Management Services Agreement with JDS Energy & Mining Inc. ("JDS") for the development of the Cariboo Gold Project, located in British Columbia (the "Cariboo Gold Project").

Osisko Development Corporation has made a significant announcement regarding its Cariboo Gold Project, an influential mining initiative located in British Columbia. The company has awarded a crucial contract for project and construction management services to Hatch Ltd, an internationally recognized engineering, project management, and construction firm known for its expertise in the mining sector.

The contract awarded to Hatch will facilitate the advancement of the Cariboo Gold Project through critical stages, including engineering, procurement, and construction management. Under this partnership, Hatch will leverage its extensive experience to streamline operations, enhance project efficiency, and ensure adherence to safety and environmental standards.

Osisko Development aims to not only develop the Cariboo Gold Project into a significant gold mining operation but also to contribute positively to the local economy and communities around the project site. The Cariboo Gold Project is expected to be an economic driver for the region, creating job opportunities and encouraging sustainable mining practices.

This partnership with Hatch allows Osisko Development to showcase its commitment to excellence in project execution while prioritizing stakeholder interests, including the surrounding communities and environmental considerations. The collaborative effort emphasizes a strategic focus on innovation and efficiency that is critical in today's evolving mining landscape.

Furthermore, the development of the Cariboo Gold Project is timely given the current demand for gold and places Osisko Development in a strong position to capitalize on market opportunities within the precious metals sector. As the company moves forward, continuous investment in exploration, sustainable practices, and advanced technology is expected to play a vital role in achieving its goals.