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 [...]
Highlights 2023 work program has commenced, focused on resource definition, growth and new discovery. 20,000m, 5-rig drill program for H1 2023 progressing well and includes: 12,000m drilling at Twin Hills West , Central and Clouds and Clouds West deposits 5,000m feasibility studies and project development drilling including hydrological [...]
Highlights Indicative term sheets received from eight European, African, and North American lenders with established track records in mining project finance. Preferred lenders are currently being shortlisted as the company moves towards final term sheet negotiations and subsequent credit approval process for the selected financing package. The [...]
Highlights: The definitive feasibility study scope is based on the results and scope of the 2022 pre-feasibility study with minor adjustments to the process flow diagram and tailings filtration strategy expected to be completed around mid-2023. The DFS is based on an updated mineral resource estimate taking into account additional infill and [...]