On January 25, 2022, Tintic Consolidated Metals, a US-based mining company and owner of large land holding in the mineral rich East Tintic District of Utah, announced its acquisition by Osisko Development. With this acquisition, Osisko will gain ownership of the fully permitted and producing Trixie Mine, as well as mineral claims that cover more than 17,000 acres in Central Utah’s historic Tintic Mining District.
Osisko Development is a North American gold mining company mainly focused on developing a mining camp in Canada.
Osler, Hoskin & Harcourt LLP advised Tintic Consolidated Metals with a team consisting of Alan Hutchinson, Patrick Sullivan and Natalie Holtby (Corporate).