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Osino Resources Corp.
Summary
| Project: | Karibib | |
|---|---|---|
| Deposit: | Twin Hills | |
| Location: | Namibia | |
| Commodities: | Gold | |
| Date: | 8/8/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-8-2018: Osino Resources Corp. announces an Exploration/Drilling Update report for its Twin Hills deposit at the Karibib project. Drilling results incl. 10m @ 1.07g/t Au from 69m. Vancouver, British Columbia, August 8, 2018 – Osino Resources Corp. (TSXV: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Underwood (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia, August 8, 2018 – Osino Resources Corp. (TSXV: OSI) ("Osino” or “the Company”), is excited to announce the discovery of a major new gold bearing trend located in the southern central zone of the Damara orogenic belt, stretching from the producing Navachab Gold Mine to Osino’s Okapawe target, more than 40km to the northeast. The Karibib Gold Trend is defined by a large-scale, deep, basin margin structure (the Karibib Fault) which is visible in the regional aeromagnetic data. It has been sampled over a strike length of 20km to date and continues for a further 30km to the southwest. A number of significant soil anomalies (Twin Hills, OJW and Okapawe) have been discovered along the fault zone which appears to be mineralized throughout its length. The soil anomalies are in the range of 100 to 400ppb gold against a background of less than 5ppb and are between 1km and 4km in length following the regional northeast trend. The mineralized prospects occur in association with splays, bends and syn-tectonic granite intrusions, typical of fertile orogenic belts. The remaining portion from Twin Hills to the Navachab Gold Mine is currently being explored and further discoveries are considered likely | |
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