# Osisko Gold Finds High Gold Grades in New Drills

> Osisko Gold reports high-grade gold intercepts in new underground drilling at Cariboo Gold Project.
- Title: Osisko Gold Finds High Gold Grades in New Drills | Shortify
- Summary: Osisko Gold reports high-grade gold intercepts in new underground drilling at Cariboo Gold Project. Osisko Gold found 7.28 g/t gold over 16.15 meters in new…
- Keywords: osisko gold, cariboo gold project, lowhee zone, underground drilling, gold intercepts, cariboo gold, barkerville gold mines, money, business, Osisko, Gold, Finds
- Source: Financialpost — https://financialpost.com/globe-newswire/osisko-gold-intersects-7-28-g-t-au-over-16-15-m-105-m-vertical-depth-including-173-66-g-t-au-over-0-60-m-and-7-13-g-t-au-over-11-60-m-61-m-vertical-depth-in-lowhee-zone-underground-infill-drilli
- Read time: 1 min
- Topics: osisko gold, cariboo gold project, lowhee zone, underground drilling, gold intercepts, cariboo gold, barkerville gold mines, money, business
## New Gold Intercepts
Osisko Gold reported 7.28 g/t gold over 16.15 meters at ~105 m vertical depth in Lowhee Zone underground drilling.

> 7.28 g/t Au over 16.15 m (~105 m vertical depth), including 173.66 g/t Au over 0.60 m
## Additional High-Grade Find
The drill also found 7.13 g/t gold over 11.60 meters at ~61 m vertical depth with multiple high-grade intervals.

> 7.13 g/t Au over 11.60 m (~61 m vertical depth), including 62.06 g/t Au over 0.50 m
## Drilling Program Details
Osisko completed 3,933 meters in 36 holes from the 1290 m level in Lowhee Zone of Cariboo Gold Project.

> 3,933 m of new infill drilling in 36 holes from the Lowhee Zone 1290 m level
## Drill Results Summary
The program includes multiple high-grade intercepts with some intervals exceeding 100 g/t gold.

> 173.66 g/t Au over 0.60 m, 62.06 g/t Au over 0.50 m, 31.88 g/t Au over 0.80 m
## Project Status
Cariboo Gold Project is under construction in central British Columbia, Canada with ongoing underground development.

> currently under construction in central British Columbia, Canada
## Corporate Update
Osisko awarded underground mine development contract to JDS Energy & Mining Inc. effective October 5, 2026.

> awarded the continuing underground mine development and related works contract to current contractor JDS Energy & Mining Inc.
## Equity Incentives
Osisko granted 72,700 stock options and 553,700 restricted share units to newly hired senior officers and employees.

> 72,700 stock options of the Company and 553,700 restricted share units of the Company
## Drill Results
Additional intercepts include 9.40 g/t gold over 8.50 meters at ~72 m vertical depth and 29.30 g/t gold over 2.10 meters.

> 9.40 g/t Au over 8.50 m at ~72 m vertical depth in BMU-26-076
## What Happens Next
Osisko continues underground infill drilling to strengthen confidence in Lowhee Zone resource potential.

> Ongoing underground infill drilling continues to strengthen our confidence in the Lowhee Zone of the Cariboo Gold deposit
## Key takeaway

Osisko Gold found 7.28 g/t gold over 16.15 meters in new underground drilling at Cariboo Gold Project.