- Osino Resources Corp. (OSI) files a new technical report for its Twin Hills Gold Project in Namibia due to an increased mineral resource
- The company owns a large claim within Namibia’s prospective Damara mineral belt
- It is actively advancing a range of other gold prospects and targets along the belt
- AN additional 19,229 metres of drilling has been completed since the last estimate
- Osino expects to complete additional infill and step-out drilling before the end of May
- Osino Resources Corp. (OSI) is unchanged trading at $1.11 per share as of 2:41 p.m. ET
Osino Resources (OSI) has filed a new technical report for its Twin Hills Gold Project in Namibia due to an increased mineral resource.
Osino is a Canadian gold exploration company focused on advancing its Twin Hills Gold Project. Twin Hills was discovered by the company in 2019 and is currently in the growth and de-risking phase while being fast-tracked to production.
Osino also has a large ground position of approximately 6,700 square kilometres within Namibia’s prospective Damara mineral belt, most of which is in proximity to the producing Navachab and Otjikoto Gold Mines.
The company is actively advancing a range of other gold prospects and targets along the belt.
Of the 186,826 metres of drilling completed at Twin Hills since the discovery of the deposit, approximately 167,597 metres were included in the previous mineral resource estimate.
Since then, more than 19,229 metres of drilling has been completed, and Osino expects to complete some additional infill and step-out drilling before the end of May.
During March, Osino also completed approximately 3,000 metres of grade control orientation drilling at Twin Hills Central aiming to better define the short-range variability of the area’s mineralization. This grade control exercise may potentially enable more advanced resource estimation techniques to be applied to the mineral resource.
Assay results for most of the drilling are outstanding. It is expected that this drilling will be completed during May with all assays received within four to six weeks of completing drilling.
Osino Resources Corp. (OSI) is unchanged trading at $1.11 per share as of 2:41 p.m. ET.
