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By A.J. Roan
Mining News 

Osisko enters joint venture with Appian

For C$100 million over four years, 60% interest in Pine Point North of 60 Mining News – February 24, 2023


Last updated 11/15/2023 at 9:30am

Aerial photo of the sunset on the horizon overlooking the Pine Point mining camp

Osisko Metals Inc.

After acquiring Pine Point in 2018, Osisko Metals has entered into a joint venture with Appian Capital Advisory LLP to fully fund its operations to "shovel-ready" status.

Osisko Metals Inc. Feb. 22 announced a C$100 million (US$74 million) investment agreement with Appian Capital Advisory LLP, a London-based private equity group that specializes in acquiring and developing mining assets, under which the parties are to form a joint venture for the advancement of the Pine Point zinc-lead project in Northwest Territories, Canada.

Located just south of the Great Sla...

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