Osino Resources’ Twin Hills Gold Project Now over 3M Ounces with CEO Heye Daun (PFS next month)
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Heye Daun joins MSE to discuss Osino Resources’ recently-announced increased mineral resource of over 3M AuOz for its Twin Hills Gold Project in the Erongo Region of Namibia. The mineral resource was estimated from approximately 212,184m of diamond core and reverse circulation drilling. Drill collars were generally spaced at 35m x 35m on surface and inclined at 60°, resulting in an effective data spacing of 35m laterally and 30m on section lines. A specific area of the Twin Hills Central resource, measuring 100m along strike and 50m across strike, was drilled at a closer spacing of 12.5m x 12.5m. This drilling was done as an orientation study to investigate the short-range variability of the deposit and possible implications on future grade control drilling configurations. In addition, the drilling provided insight into requirements for upgrading Indicated mineral resources to Measured. Heye Daun, Osino’s President & CEO commented: “We are very pleased with the results of this updated mineral resource model which is going from strength to strength. We managed to add significant higher-grade ounces and converted almost all the previously classified Inferred resources to Indicated or Measured status. At an elevated cut-off grade of 0.9 g/t we now have more than 2moz at 1.46 g/t in the Measured & Indicated category and even at a lower cut-off of 0.3 g/t the average grade of the Measured & Indicated portion of the mineral resource increased to 1.08g/t. This has been achieved through a combination of more discrete resource modelling but also the addition of higher-grade material which was drilled over the last few months. Most of the resource growth came from Twin Hills West, but two new emerging zones of mineralization at Clouds West and Twin Hills North also contributed additional resource ounces. We expect the extra ounces and grade to make a meaningful difference to the overall project economics in the upcoming PFS and we are very excited about publishing the results of that PFS in early September.” OsinoResources.com TSXV:OSI - OTC:OSIIF - FSE:R2R1 Osino’s Presentation: https://osinoresources.com/wp-content/uploads/2022/07/2022_06_08-Osino-Site-Comprehensive-Presentation-long-version-.pdf Press Releases discussed in this interview: https://osinoresources.com/wp-content/uploads/2022/08/08_09_2022-OSI-PR-Mineral-Resource-Update.pdf https://osinoresources.com/wp-content/uploads/2022/07/07_21_2022-OSI-PR-Ondundu-Acquisition-Close-.pdf Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Osino Resources is a sponsor of Mining Stock Education. Osino’s forward-looking statement found in the company’s presentation applies to the content of this podcast. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites.