Announcement Date: 2022-07-25
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Osino Resources Corp.
Project name: Twin Hills
Location: Namibia
Commodities: Gold
Highlight: Drilling results incl. 12m @ 6.87g/t Au from 68m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia, July 25, 2022 – Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or “the Company”) is pleased to provide an update on the recently completed infill and step-out drill program at the Twin Hills Gold Project (“Twin Hills”). Twin Hills now comprises five distinct mineralized zones namely Bulge, Twin Hills Central (“THC”), Clouds, Twin Hills West (“THW”) and Clouds West, listed by order of approximate size – see Figure 1. The Twin Hills Project remains on a fast-tracked timeframe, and the publication of the Twin Hills Pre-feasibility study (“PFS”) is expected not later than early September 2022. Following that a Definitive Feasibility Study (“DFS”) is expected to be completed in Q2 2023. Osino completed 34,468m of infill drilling and 6,900m of step-out drilling for a total of 41,368m during the year to-date. Much of the post April MRE drilling has been at Twin Hills West, where all the ounces reported previously were in the Inferred category. There was also scope at Twin Hills West to expand the mineralization and a new shoot was discovered in the southeast which will increase the contribution of this deposit to the Twin Hills inventory (refer to holes OKD460 and OKR501 on Figure 1 below).
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