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Osino Resources Corp.
Summary
| Project: | Karibib | |
|---|---|---|
| Deposit: | Twin Hills | |
| Location: | Namibia | |
| Commodities: | Gold | |
| Date: | 9/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-9-2019: Osino Resources Corp. announces an Exploration/Drilling Update report for its Twin Hills deposit at the Karibib project. Drilling results incl. 65m @ 1.37g/t Au from 16m. Vancouver, British Columbia, September 3, 2019 – Osino Resources Corp. (TS | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Underwood (Internal) | |
| ABSTRACT: | Vancouver, British Columbia, September 3, 2019 – Osino Resources Corp. (TSXV: OSI) (FSE: RSR1) ("Osino” or “the Company”), is pleased to announce that it has intersected a high grade gold zone in the 4th hole of the 7 hole diamond drill program at its Twin Hills Gold Project (“Twin Hills”), located in the Karibib Gold District in Namibia. This news follows the announcement of the Twin Hills Central discovery in a press release dated August 26, 2019. Dave Underwood, Osino’s VP Exploration commented: “The intersection of this high grade shoot so early in the drill program is remarkable and adds to our confidence in the growing scale and grade of the Twin Hills discovery. Sediment-hosted, orogenic gold deposits are often characterized by wide, lower grade gold haloes, with higher grade shoots within them. From the limited drill assays we have seen so far, Twin Hills Central appears to be fitting into this model”. Assays from a further 3 diamond holes at Twin Hills Central are still awaited, as well as the assays results from the deepening of holes OKD001 and OKD002 which ended in mineralisation. Osino is currently planning the next phase of drilling to start as soon possible, focusing on in-fill and step out drilling at Twin Hills Central, as well as fence lines over other identified prospects within the 11km Twin Hills gold system. | |
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