Osino Resources Corp. is pleased to announce that it has completed the initial tranche of its previously announced non-brokered private placement of common shares of the Company to Dundee Precious Metals Inc. . The Company issued 4,424,779 Common Shares to DPM at a price of C$1.13 per Common Share for aggregate gross proceeds to the Company of [...]
Highlights Completed reverse-circulation drilling of 110 boreholes at the Bulge pit at tight 12.5 x 12.5m spacing over an area covering the 1st year of open pit mining. 13 of 110 assay results are still outstanding with final results expected before end of November 2022. The program objective is to convert the first 2 years of mining from Indicated [...]
Osino Resources Corp. is pleased to announce the release of its Sustainability Report for 2022, which summarises the company's social, environmental and economic performance and outlines plans for the ongoing integration of sustainability into the design of the Twin Hills Gold Mine. The Twin Hills Gold Project, located near Karibib in Namibia, is [...]
Highlights Eureka step-out drill program consisting of seven holes for 1400m nearing completion, focussed on the first of five geophysical and surface targets in the area. Latest results received include: ORD011: 61m @ 2.4g/t Au incl. 13m @ 6.2g/t and 13m @ 3.39g/t ORD012: 20m @ 5.60g/t Au Detailed mapping on surface, combined with structural [...]
Highlights Completed RC drilling of 110 boreholes at tight spacing of 12.5m x 12.5m over a large area representing about 1 year of open pit mining at the Bulge pit . Assay results received to date returning better than expected grade intercepts, including: OKRG0093: 61m @ 3.21g/t incl. 32m @ 4.87g/t OKRG0096: 62m @ 1.50g/t incl. 7m @ 3.09g/t [...]
Osino Resources Corp. is pleased to announce that it has closed its previously announced offering through the issuance of 2,770,745 common shares of the Company priced at CAD$1.00 per Common Share for gross proceeds of CAD$2,770,745. The Company intends to use the net proceeds of the Offering for exploration and development of the Twin Hills Gold [...]
Osino Resources Corp. is pleased to announce that it has completed a bookbuild in the amount of CAD$2,770,745 in connection with an offering of common shares of the Company priced at CAD$1.00 per Common Share for gross proceeds of up to US$3,000,000. As previously announced, the Company had completed a listing of its shares on the Namibian Stock [...]
Highlights Completed the acquisition of two private farms covering approximately 10,000ha, including the full extent of the mining and ancillary infrastructure area for the Twin Hills Gold Project. Osino now owns 100% of the surface and mineral rights for the complete Twin Hill project area, thereby substantially de-risking and facilitating the [...]
Highlights Prospect Resources completes Phase 1 earn-in at Osino's Omaruru Lithium Project, Namibia. Assay results outlined a significant extension and thickening of the Karlsbrunn Main deposit root zone feeder system from surface, which remains open at depth to the northeast. Significant strike extension potential to the north of Brockmans [...]
Osino has successfully dual-listed on the Namibian Stock Exchange. TSX Venture Exchange remains primary listing. Namibian listing facilitates trading of shares by Namibians and Namibian funds, while also accessing empowerment opportunities and local capital market participation. VANCOUVER, British Columbia, Aug. 29, 2023 -- [...]
Osino Resources Corp. is pleased to announce that the Company has amended terms of its indenture dated October 28, 2021 for common share purchase warrants exercisable at $1.35, extending the expiry date by 9 months from the original expiry date of September 1, 2023 to the new expiry date of June 1, 2024, subject to approval of the Exchange. There [...]
Highlights 2,535m drilled at Eureka Gold Project, 35km northeast of Osino's Ondundu deposit. Eureka is a significant, greenfields gold discovery made by Osino through text-book exploration techniques in a newly evolving gold district in northwestern Namibia. Assay results received for four RC and seven DD holes to date including: ORD005: 47m [...]