# Osiris One signs option agreement for Vancouver Island copper-gold project

> Osiris One Metals signed a definitive agreement to acquire an option over the Island Range project in British Columbia. The company said the transaction remains subject to closing conditions and exchange approval.

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- Publisher: Newsverum
- Section: Business
- Country: Canada
- Published: 2026-10-20T23:01:23+00:00
- Updated: 2026-10-20T23:01:23+00:00
- Event / data period: 2026-10-19
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The agreement concerns seven contiguous mineral claims covering about 8,535 hectares on Vancouver Island. The option terms call for C$1.375 million in cash payments, at least C$530,000 in project expenditures and shares valued at C$1.375 million.

Island Range is an early-stage project with no defined resource or reserve. Osiris said it plans mapping, geochemical sampling and induced-polarization geophysics this year; historical sampling and production figures in the release were described as unverified context.

## Data

### Project measurement

Methodology: Project-level figure reported by issuer; not a national production statistic.

| label | value | unit | period | basis | value_qualifier |
|---|---|---|---|---|---|
| Island Range project area | 8535 | hectares | 2026-10-19 | estimate | approximate |

Sources: <https://www.newsfilecorp.com/release/319620/Osiris-One-Metals-to-Acquire-Island-Range-Copper-Gold-Project> · Download data: [JSON](https://newsverum.com/api/v1/articles/osiris-one-island-range-copper-gold-option-agreement-2026/data/reported-project-measurement?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/osiris-one-island-range-copper-gold-option-agreement-2026/data/reported-project-measurement?lang=en&format=csv)

## Sources

- [Osiris One Metals Ltd.](<https://www.newsfilecorp.com/release/319620/Osiris-One-Metals-to-Acquire-Island-Range-Copper-Gold-Project>) (Source checked: 2026-10-20; Published: 2026-10-19)

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