trending Market Intelligence /marketintelligence/en/news-insights/trending/Nv7B7g2NutLo0IUTOoayAA2 content esgSubNav
In This List

Osino Resources discovers new gold zone at Twin Hills project in Namibia

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends


Osino Resources discovers new gold zone at Twin Hills project in Namibia

Osino Resources Corp. discovered an extensive, wide zone of gold mineralization at its Twin Hills gold project in Namibia.

A seven-hole, maiden diamond drilling program at the project intercepted 104 meters at 0.70 g/t gold from 115 meters, including 10 meters at 1.27 g/t and 20 meters at 1.11 g/t. The drilling also intercepted 189 meters at 0.69 g/t gold from 21 meters including 14 meters at 1.14 g/t, 7 meters at 1.42 g/t, and 5 meters at 1.43 g/t.

The new zone is under cover, open along strike and downdip. Osino founder and CEO Heye Daun said Aug. 26 that the discovery is a "game changer" for the company.

"These initial three holes indicate the potential for significant resource scale at Twin Hills with many kilometers of gold mineralization remaining to be tested," Daun said.

The company is planning additional drilling to further evaluate Twin Hills Central and test other targets in the system.