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Osino Resources Corp.
Summary
| Project: | Karibib | |
|---|---|---|
| Deposit: | Goldkuppe | |
| Location: | Namibia | |
| Commodities: | Gold | |
| Date: | 7/23/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-7-2018: Osino Resources Corp. announces an Exploration/Drilling Update report for its Goldkuppe deposit at the Karibib project. Drilling results incl. 49m @ 0.75g/t Au from 75m. Vancouver, British Columbia, July 18, 2018 – Osino Resources Corp. (TSXV: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Underwood (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia, July 18, 2018 – Osino Resources Corp. (TSXV: OSI) ("Osino” or “the Company”), is pleased to provide results and interpretation of the drill program completed at its Goldkuppe prospect extension targets (32 inclined RC holes, for a total of 3,309m). The results have now been received and interpreted and the Company is pleased to announce the discovery of a new gold system at Oasis and Wedge. Oasis and Wedge are Goldkuppe extension targets located up to 2,500m along strike to the southwest of Goldkuppe (refer to Figure 1 on next page). Drilling in the area was targeting a surface geochem and structural target within the prospective schist geology located stratigraphically below the Goldkuppe carbonates, and in rocks similar to the nearby Navachab Gold Mine located 30km to the southwest which has a global resource of more than 5moz and is currently in production. Heye Daun, Osino’s CEO commented: “We are very excited about the results and on-going interpretation of our Goldkuppe extension drilling campaign, particularly at Oasis and Wedge where we achieved some very encouraging drill results. Osino was successful in intersecting high grade veins within a thick package of lower grade, more disseminated schist material. This is especially exciting as this represents a style of gold mineralisation not previously seen at Goldkuppe, with large-scale potential and many similarities to Navachab Gold Mine.” | |
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