Chamwe Kaira
Osino Resources Corporation remains focused on the financing and pre-construction activities at its Twin Hills, including de-risking the mineral resource estimate and the initial years of production.
Osino is currently drilling to convert the first two years of mining from indicated to measured mineral resource category and to confirm and upgrade the Twin Hills Mineral Resource Estimate.
“Osino remains focused on the financing and pre-construction activities at Twin Hills, including de-risking the mineral resource estimate and the initial years of production.”
Heye Daun, Osino’s President and CEO commented said the company is highly encouraged by these excellent assay results which continue to come out of the bulge infill drill programme.
“The results confirm Twin Hills as a high-quality, low risk open pit gold project with significant upside potential. What stands out from the latest drill results are the significant length of these intercepts with highly consistent mineralisation including some very pleasing, thick, high-grade intercepts of 1.5 g/t or more,” said Daun.
Most assay results from the bulge pit have been received with only 13 holes outstanding from a total of 110. All remaining drill results are expected to be reported before end of November.
Osino is a Canadian gold exploration and development company focused on the fast-tracked development of its Twin Hills Gold Project in central Namibia.
Since its grassroots discovery by Osino in August 2019 the Company has completed more than 225 000m of drilling and has completed a suite of specialist technical studies culminating in the recently published Twin Hills Definitive Feasibility Study dated effective June 12, 2023. The DFS describes a technically simple and economically robust open-pit gold operation with a 13-year mine life and average annual gold production of over 169 000oz per annum.
Osino has a commanding ground position within Namibia’s prospective Damara sedimentary mineral belt, mostly in proximity to and along strike of the producing Navachab and Otjikoto Gold Mines
