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Project: | Karibib | |
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Deposit: | Twin Hills | |
Location: | Namibia | |
Commodities: | Gold | |
Date: | 9/26/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 26-9-2019: Osino Resources Corp. announces an Exploration/Drilling Update report for its Twin Hills deposit at the Karibib project. Drilling results incl. 17m @ 2.17g/t Au from 116m. Vancouver, British Columbia, September 26, 2019 – Osino Resources Corp. | |
Resources: | x | |
CP/QP: | [Overall Report]: David Underwood (Internal) | |
ABSTRACT: | Vancouver, British Columbia, September 26, 2019 – Osino Resources Corp. (TSXV: OSI) (FSE: RSR1) ("Osino” or “the Company”), is pleased to announce the release of further diamond drill results from the Phase 1 drill program carried out at Twin Hills Central, Karibib Gold Project, Namibia. Assays have now been received for the last three diamond drill holes at Twin Hills Central, OKD005, 6 and 7 and are tabulated below (refer to Table 1). Results are still outstanding for the down hole extensions to holes OKD001 and 002 which both ended in mineralisation. Dave Underwood, Osino’s VP Exploration commented: “The assays for hole OKD007 extend the gold mineralisation at Twin Hills Central to 800m in strike length so far, with the system remaining open along strike to the east and west as well as down dip. The Phase 1 drill program has been a resounding success with five of the seven holes intersecting significant mineralisation. Logging and structural interpretation to date indicates that there is a higher-grade zone along the southern margin of Twin Hills Central, intersected in holes OKD004 and 7, within a lower grade envelope over 100m wide in places. The gold mineralisation is associated with sheeted quartz veinlets within a tightly folded greywacke unit. The next phase of drilling will focus on increasing the strike length and following the high grade zones at Twin Hills Central in addition to testing other Twin Hills targets .” | |
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