Osisko Gold Royalties completed the acquisition of the remaining 75% stake in Tintic Consolidated Metals for $135m.

Osisko Gold Royalties, a Canada-based precious metal royalty company, completed the acquisition of the remaining 75% stake in Tintic Consolidated Metals, one of the highest grade gold mines in the world, for $135m. “With the acquisition of Tintic we have inherited not only a highly prospective test mine in the Trixie project, but also a large, historic land package in one of the world’s premier mining jurisdictions. Through underground exploration, we hope to continue to expand the mineralization footprint along the T2 and T4 zones. We have engaged drilling contractors and look forward to sharing the results with you as we progress the understanding of this ground," Sean Roosen, Osisko Chair and CEO.