Osisko Gold Group (TSXV: ODV; NYSE: ODV) has traced gold mineralization below 700 metres at its Cariboo project in British Columbia, more than twice the deposit's average depth, according to results discussed at the Rule Symposium.

The company has drilled 11 holes totalling 8,971 metres at the project, with highlight intercepts indicating the potential for a larger mineralized system at depth. The deep drilling results were presented by an Osisko representative, identified as Roosen, at the Rule Symposium, a mining investment conference.

The Cariboo project is located in central British Columbia, within a historically productive gold mining district. The results from the current drilling program suggest that mineralization extends significantly deeper than previously understood, potentially expanding the known resource footprint. For gold developers, deeper mineralization can be important to resource modelling and mine planning, but its significance depends on follow-up assays, continuity, widths, grades and the cost of accessing mineralization at depth.

Specific assay results from the 11-hole program were not fully detailed in the publicly available portion of the report. Further technical disclosure would be needed to assess how the deeper intercepts may affect the project's geological model or future development plans.

Source: The Northern Miner