Key facts
| Company | Osisko Gold Group Inc. (TSXV: OGG) |
|---|---|
| Commodity | Gold |
| Location | USA |
| Stage | Early exploration |
About San Antonio Project
The San Antonio Gold Project is a past-producing oxide copper mine located in the state of Sonora, Mexico. In 2020, following acquisition of this project, the Company concentrated its efforts in obtaining the required permits and amendments to the permits to perform its activities. In Q1 2022, Sapuchi Minera commenced processing stockpile inventory through sodium cyanide heap leach pads and carbon-in-column processing plant. The Company realized its first gold sales in July 2022 and generated gold sales totalling 10,478 net ounces in 2022. In Q3 2023, processing of the remaining stockpile inventory was completed, and no production is anticipated henceforth. A total of 13,591 ounces of gold was sold from the San Antonio heap leach pad as at September 30, 2023.
News releases2 on file
Osisko Development Completes Sale of San Antonio Gold Project
The sale of the 100% interest in the San Antonio Gold Project in Sonora State, Mexico, to Axo Copper Corp. has closed, via the sale of all equity interests in Sapuchi Minera S. de R.L. de C.V. Osisko Development received 15,325,841 Axo common shares, representing 9.99% of Axo's issued and outstanding shares on a non-diluted basis. Contingent deferred payments include 70% of any Mexican VAT refund,
AcquisitionOsisko Development Announces Agreement to Divest Non-Core San Antonio Gold Project
A securities purchase agreement dated November 21, 2025 will sell Osisko Development's 100% interest in the San Antonio Gold Project in Sonora State, Mexico to Axo Copper Corp., via the sale of concession holder Sapuchi Minera. At closing Osisko Development will receive 15,305,536 Axo shares, or enough shares to hold 9.99% of Axo non-diluted, plus contingent payments including 70% of any Mexican V
Acquisition