Osisko Mining Corp has announced the successful pouring if its first gold bar at its flagship Canadian Malartic mine near Val D’Or in Quebec. Sean Roosen, President and CEO, commenting on this major milestone said: “We are extremely pleased to achieve our first gold production at Canadian Malartic, after only six years from drilling our first hole on the property. Commissioning has gone very smoothly, and we are well on track to achieve commercial production by the end of May.”
Mr Goosen said that the achievement is a direct result of the outstanding efforts from Osisko’s management team and employees, its contractors, suppliers, the residents of Malartic and officials from the government of Quebec. Osisko Mining is currently commissioning the Malartic gold mine, while also evaluating adjacent areas for a large-scale open pit, bulk-tonnage mining operation and pursuing exploration of the Hammond Reef Gold Project in Northern Ontario. The Company is well-funded with approximately $230 million on hand.