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 [...]
Osino receives an Environmental Clearance Certificate from Namibia's Ministry of the Environment, Forestry and Tourism for its Twin Hills Gold Project in Namibia. The ECC is subject to the relocation of historical graves which are located within the Twin Hills project area. A process is underway to secure the necessary consent to conclude this to [...]
Highlights Newmont Corp. completes geochemical orientation survey at Osino's Twin Hills gold deposit. The survey is designed to test Newmont's proprietary regional surface sampling methodology over known gold mineralization covered by sand, calcrete and sheet wash. Osino has added a large new land package consisting of four licenses for a total of [...]
Osino Resources is pleased to announce that it has filed its technical report entitled, "Ondundu Gold Project, NI 43-101 Technical Report" dated effective Oct 7, 2022 and signed December 8, 2022 for its maiden mineral resource estimate for its Ondundu Gold Project announced in the Company's news release dated Oct 27, 2022. The Technical Report was [...]
Osino Resources is pleased to announce that it has closed its previously announced non-brokered private placement of 14,752,500 common shares for gross proceeds of CDN$11,802,000 at a price of CAD$0.80 per share, effective December 7, 2022. In connection with the Offering commissions on the sale of the common shares were paid to eligible finders in [...]
Osino Resources is pleased to announce that it has received commitments to complete a non-brokered private placement for gross proceeds of up to CDN$10,000,000 at a price of CAD$0.80 per share. The Company intends to use the net proceeds of the Offering to fund exploration and project development expenditures at the Company's Twin Hills gold [...]
Osino Resources is pleased to release its inaugural Sustainability Report for the 2021 reporting period. The report presents both Osino's historic sustainability performance as well as plans for the Twin Hills Gold Project, based near Karibib in Namibia. It highlights how Osino is already making a significant positive contribution to Namibia [...]
Highlights Osino draws US$5M from non-dilutive Nebari credit facility for certain pre-development expenses including the purchase of private farmland to secure the Twin Hills project footprint and to advance detailed engineering and procurement for grid power and water. At Osino's election, the Company can draw 2 additional tranches of US$5M each [...]
Highlights UK-based Terrafranca Capital Partners Ltd. appointed as debt advisor to Osino. The robust economics for Twin Hills has attracted multiple expressions of interest from European, African, and North American lenders, with Namibia standing out as a sought-after, premium African investment jurisdiction. Financing term sheets are expected [...]
Highlights Osino receives "Preparedness to Grant" confirmation from Namibian Ministry of Mines & Energy for 20-year mining license for Osino's Twin Hills gold project. Positive review of Environmental & Social Impact Assessment and Environmental Management Plan received, confirming no fatal project flaws. The mining license is subject to fulfilment [...]
Highlights Total Ondundu gold project maiden resource estimate of 26 million tonnes at an average grade of 1.13 g/t Au for a total of 0.9 million ounces of gold in the Inferred mineral resource category. Osino's total Namibian gold resource inventory now stands at 2.77 Moz and 1.14 Moz. Ondundu is Namibia's oldest known gold deposit with a history [...]
Osino Resources Corp. is pleased to announce that it has filed an 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 October 25, 2022 for its pre-feasibility study announced [...]