Osisko Mining Corporation, a mid-tier gold producer based in Montreal, Quebec, is a mining company focused on acquiring, exploring, developing and mining gold properties. Osisko operates the Canadian Malartic gold mine in Malartic, Quebec, and continues its exploration work on the Hammond Reef Project in Northern Ontario, the Kirkland Lake Project in Northeastern Ontario, as well as other projects elsewhere in Canada and around the world.
One of the biggest gold reserves in production in Canada
Osisko has completed its construction of the Canadian Malartic gold mine in the heart of the Abitibi mining district. The first gold bar was poured on April 13 2011, and commercial production began in May 2011. The Canadian Malartic deposit currently represents one of the biggest gold reserves in production in Canada with Proven and Probable Reserves of 10.11 million ounces of gold, and is still growing through ongoing drilling on adjacent mineralized zones.
1. NI 43-101 Proven and Probable Reserves: 310.6 Mt @ 1.01 g/t Au
(press release of February 19, 2013)