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Osino Resources Corp.
Summary
| Project: | Karibib | |
|---|---|---|
| Deposit: | Twin Hills Central | |
| Location: | Namibia | |
| Commodities: | Gold | |
| Date: | 5/28/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Definition | |
| Report details: | 28-5-2020: Osino Resources Corp. announces an Exploration/Drilling Update report for its Twin Hills Central deposit at the Karibib project. Drilling results incl. 150m @ 0.98g/t Au from 23m. Vancouver, British Columbia, May 28, 2020 – Osino Resources Corp | |
| Resources: | x | |
| CP/QP: | [Reserve] n/a (n/a) | |
| ABSTRACT: | Vancouver, British Columbia, May 28, 2020 – Osino Resources Corp. (TSXV: OSI) (FSE: RSR1) ("Osino” or “the Company”), is pleased to announce the receipt of positive assays for the initial four holes of the 2020 drill campaign at Twin Hills. Significant intersections were returned in three of the four holes including 150m @ 0.98g/t, incl. 61m @ 1.51g/t in OKD031 (refer to Figures 1 and 2). The results from these holes increase the strike length of mineralization at Twin Hills Central to approximately 1300m, open to the east and west. Hole OKD031 also confirms the down-dip continuity of higher-grade mineralization from surface to 160m, open to depth. Some deeper follow-up drilling with hole lengths up to 400m are planned to further test the down-dip extension of the mineralization. A total of at least 20,000m of mainly diamond drilling is planned for 2020. The objective of the program is to expand the mineralization and define a maiden resource at Twin Hills Central, as well as drilling of additional targets along strike. Osino is targeting a NI 43-101 compliant maiden resource report on Twin Hills Central in the first half of 2021. The 2020 drill program was started on March 17th but then halted a week later due to the COVID-19 lock down in Namibia. Drilling restarted on May 8th and three diamond rigs are currently operating at Twin Hills | |
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