# Osisko Gold Makes Discovery At Cariboo Regional Target

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/osisko-gold-makes-discovery-at-cariboo-regional-target--318d2b33-4ac1-4391-ab87-af52e90615a3

Original source: https://www.canadianminingjournal.com/news/osisko-gold-makes-discovery-at-cariboo-regional-target/

Publisher: canadianminingjournal

Original announcement: 2026-08-05T17:20:06.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Osisko Gold Group

- Ticker: OSG

- Exchange: Unavailable

- Region: British Columbia

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Other

- Extracted: 2026-08-20 18:48:15 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Osisko Gold has announced a significant discovery at its Proserpine target near the Cariboo gold project in British Columbia. Early drilling returned exceptional gold grades, including 873 g/t Au over 0.5m, and has expanded the known mineralized footprint to 1 km along strike.

Reasoning: High-grade discovery intercepts \(up to 873 g/t Au\) at a new regional target \(Proserpine\) that expands the known footprint and remains open.

- Positive factor: exceptional gold grades

- Positive factor: discovery of new mineralized system

- Positive factor: mineralization remains open in all directions

- Positive factor: expanded footprint along strike

Facts used in scoring: 6

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 873 g/t Au is an exceptionally high-grade interval.

Evidence · text

> 873 grams gold from 112 metres downhole

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Results have expanded the footprint of known mineralization at Proserpine by 1 km along strike.

Evidence · text

> Results to date have expanded the footprint of known mineralization at Proserpine to about 1 km along strike

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### PSP-26-004

[Link to this fact](https://atlas-staging.minestarters.com/news/osisko-gold-makes-discovery-at-cariboo-regional-target--318d2b33-4ac1-4391-ab87-af52e90615a3#fact-drill-facts-0)

Proserpine · gold

#### Identity

- Hole ID: PSP-26-004
- Project: Proserpine
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: OSG

#### Geometry

- Grade: 95.93
- Grade Unit: g/t
- Intercept: 4.6 m
- From: 110 m
- To: 114.6 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PSP-26-004:110.0-114.6
- Mining Method: mixed

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-05T00:00:00.000Z

Reasoning: 95.93 g/t Au over 4.6m is an exceptional grade intercept.

- Positive factor: exceptional grade

Evidence · text

> PSP-26-004 cut 4.6 metres grading 95.93 grams per tonne gold from 110 metres depth

### PSP-26-004

[Link to this fact](https://atlas-staging.minestarters.com/news/osisko-gold-makes-discovery-at-cariboo-regional-target--318d2b33-4ac1-4391-ab87-af52e90615a3#fact-drill-facts-1)

Proserpine · gold

#### Identity

- Hole ID: PSP-26-004
- Project: Proserpine
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: OSG

#### Geometry

- Grade: 873
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 112 m
- To: 112.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PSP-26-004:112.0-112.5
- Mining Method: mixed

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-05T00:00:00.000Z

Reasoning: 873 g/t Au is a bonanza grade intercept.

- Positive factor: bonanza grade

Evidence · text

> including a 50-centimetre interval of 873 grams gold from 112 metres downhole

### PSP-26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/osisko-gold-makes-discovery-at-cariboo-regional-target--318d2b33-4ac1-4391-ab87-af52e90615a3#fact-drill-facts-2)

Proserpine · gold

#### Identity

- Hole ID: PSP-26-001
- Project: Proserpine
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: OSG

#### Geometry

- Grade: 5.46
- Grade Unit: g/t
- Intercept: 8.6 m
- From: 97 m
- To: 105.6 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PSP-26-001:97.0-105.6
- Mining Method: mixed

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-05T00:00:00.000Z

Reasoning: 5.46 g/t Au over 8.6m is a strong intercept.

- Positive factor: strong grade

Evidence · text

> PSP-26-001, cut 8.6 metres grading 5.46 grams gold from 97 metres depth

### PSP-26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/osisko-gold-makes-discovery-at-cariboo-regional-target--318d2b33-4ac1-4391-ab87-af52e90615a3#fact-drill-facts-3)

Proserpine · gold

#### Identity

- Hole ID: PSP-26-001
- Project: Proserpine
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: OSG

#### Geometry

- Grade: 2.17
- Grade Unit: g/t
- Intercept: 14.5 m
- From: 572 m
- To: 586.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PSP-26-001:572.0-586.5
- Mining Method: mixed

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-05T00:00:00.000Z

Reasoning: 2.17 g/t Au over 14.5m is a moderate/economic grade intercept at depth.

- Positive factor: significant width

Evidence · text

> as well as 14.5 metres of 2.17 grams gold from 572 metres

### PSP-26-009

[Link to this fact](https://atlas-staging.minestarters.com/news/osisko-gold-makes-discovery-at-cariboo-regional-target--318d2b33-4ac1-4391-ab87-af52e90615a3#fact-drill-facts-4)

Proserpine · gold

#### Identity

- Hole ID: PSP-26-009
- Project: Proserpine
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: OSG

#### Geometry

- Grade: 3.17
- Grade Unit: g/t
- Intercept: 5.5 m
- From: 408 m
- To: 413.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PSP-26-009:408.0-413.5
- Mining Method: mixed

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-05T00:00:00.000Z

Reasoning: 3.17 g/t Au over 5.5m is a strong intercept.

- Positive factor: strong grade

Evidence · text

> hole PSP-26-009, which cut 5.5 metres of 3.17 grams gold from 408 metres downhole

### PSP-26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/osisko-gold-makes-discovery-at-cariboo-regional-target--318d2b33-4ac1-4391-ab87-af52e90615a3#fact-drill-facts-5)

Proserpine · gold

#### Identity

- Hole ID: PSP-26-003
- Project: Proserpine
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: OSG

#### Geometry

- Grade: 1.46
- Grade Unit: g/t
- Intercept: 12.4 m
- From: 367 m
- To: 379.4 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: PSP-26-003:367.0-379.4
- Mining Method: mixed

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-05T00:00:00.000Z

Reasoning: 1.46 g/t Au over 12.4m is a moderate grade intercept.

- Positive factor: significant width

Evidence · text

> hole PSP-26-003, which intersected 12.4 metres of 1.46 grams gold from 367 metres depth

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
