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 [...]
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 [...]
Highlights Following an extensive selection process, Osino has appointed Lycopodium Minerals Limited to lead the Front-End Engineering Design package following the release of the Twin Hills Definitive Feasibility Study in June 2023. Lycopodium to lead: Process Plant and most On-Site Infrastructure, optimisation of the DFS process and tailings [...]
Highlights A total of 3,148m of Reverse Circulation drilling was completed in fifteen holes since the publication of the Ondundu maiden mineral resource estimate . Assays received from RC step-out and infill holes at Ondundu include: ONRC23-019: 157m @ 1.50g/t incl. 54m @ 1.76g/t, 5m @ 7.36g/t and 3m @ 22.21g/t ONRC23-015: 51m @ 1.92g/t incl. 42m [...]
Osino Resources Corp. is pleased to announce that further to the announcement of its Definitive Feasibility Study on June 12, 2023, it has now filed the Technical Report entitled, "Definitive Feasibility Study of the Twin Hills Gold Project, Namibia, NI 43-101 Technical Report" with an effective date of June 12, 2023, signed July 5, 2023 . The DFS [...]
Highlights: NPV of US$742m and IRR of 34% at 5% discount rate and US$1750/oz gold price. NPV of US$480m and IRR of 28% at 5% discount rate and US$1750/oz gold price. At spot gold prices the project generates just under US$1.5bn of net pre-tax cashflows, demonstrating the strong margins, cash generation potential & economics of the project. Overall [...]
Highlights Twin Hills Definitive Feasibility Study results on track for release in mid-June 2023. Lycopodium, DRA and multiple other specialist consultants commenced work on the DFS in Oct. 2022. The DFS is based on an updated mineral resource estimate including infill and resource expansion drilling completed since the release of the PFS in Sept [...]
Osino Resources Corp. announces that is has granted an aggregate of 277,950 restricted share units to directors, officers and employees of the Company and has approved the grant of 37,040 deferred share units having an aggregate value of $40,000 to independent directors of the Company pursuant to the Company's approved Omnibus Long-Term Incentive [...]
Osino Resources Corp. wishes to announce that it has filed its amended and restated pre-feasibility study technical report entitled, "Amended and Restated Pre-Feasibility Study of the Twin Hills Gold Project, Namibia, NI 43-101 Technical Report" dated effective September 6, 2022 and signed April 24, 2023 for its pre-feasibility study announced in [...]
Highlights Osino announces assay results from orientation drilling at Ondundu Gold Project, Namibia Drilling campaign identifies previously unknown extensional veins New zones of mineralization intersected east of the resource, in an area never previously drilled Assays received from eight of the fifteen RC infill holes at Ondundu including [...]
Highlights Assay results from Prospect Resources' Phase 1 RC drill program outline a new, near surface shallow dipping discovery of lithium mineralization in the Southern Brockmans zone and confirmed historical results at Karlsbrunn. Highlight intersections from the Phase 1 drilling program include: 6m @ 1.30% Li2O from 13m within 14m @ 0.79% Li2O [...]
