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Osino reports fourfold growth in indicated resources at its Twin Hills gold project in Namibia

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Apr 14, 2022 Precious Metals News Comments Off on Osino reports fourfold growth in indicated resources at its Twin Hills gold project in Namibia


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(Wallace Refiners) – Osino Resources (TSXV: OSI) announced today that it has increased indicated mineral resources fourfold at its Twin Hills Gold Project in the Erongo Region of Namibia.


The company said that previous resource announced in July of 2021, has grown substantially along with significant conversion of Inferred resources to Indicated resources.


According to the company’s statement, an updated mineral resource consists of 2.1 million ounces (Moz) of gold in the Indicated mineral resource category and 0.62 Moz of gold in the Inferred mineral resource category, for a total of 2.72 Moz.


This resource is higher than previously reported mineral resource of 0.44 Moz in the Indicated category and 1.52 Moz in the Inferred category, for a total of 1.96 Moz.


The company added that the increase in resources is due to resource expansion in the Twin Hills Central, Bulge and Clouds areas, and delineation of additional resources from new areas.


Importantly, Osino pointed out that the mineralization continues to be open at depth and along strike, and at Clouds and Twin Hills Central in particular, it appears to be getting better with depth.






Osino also noted it is working on releasing an update on the substantial progress that has been made on the Twin Hills Pre-Feasibility study. This update will be published in the coming days and a webinar will be held on April 20, 2022, at 11 am ET to discuss the company’s increased resource base and its progress on the PFS.


Osino is a Canadian gold exploration and development company focused on the development of its Twin Hills gold discovery in central Namibia. The Twin Hills Gold Project is at an advanced stage of exploration with various advanced development studies underway with the aim of fast-tracking the project.



Disclaimer: The views expressed in this article are those of the author and may not reflect those of Wallace Precious Metals The author has made every effort to ensure accuracy of information provided; however, neither Wallace Precious Metals nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Wallace Precious Metals and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.



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