Twin Hills on a fast-track timeframe
TSX listed Osino Resources’ Twin Hills gold project close to Karabib in Namibia remains on a fast-tracked timeframe. The publication of the Twin Hills Pre-Feasibility Study is expected in September this year and the Definitive Feasibility Study early in 2023.
Twin Hills now comprises five distinct mineralized zones namely Bulge, Twin Hills Central, Clouds, Twin Hills West and Clouds West.
According to Dave Underwood, Osino’s VP Exploration, the resource conversion drill program at Twin Hills is now complete and has been a resounding success.
“Not only have we achieved much improved geological confidence, but we also significantly extended the mineralised envelopes, discovered new areas of mineralisation and intercepted a number of new high-grade shoots.
“All the assay data has been supplied to CSA Global for the resource update, which will feed into the PFS study due in early September.
“One of the key take-aways from this exercise is that mineralisation at both THC and Clouds improves at depth and becomes more cohesive down plunge. The Clouds West orebody was previously thought to be a very small cigar shaped body of mineralisation but has produced higher grades recently and is up to 300m in strike length and open to the northeast. The step out drilling to the north of THC also produced a nice surprise when we intersected 12m at 6.87 grams per tonne near surface in a new zone along the northern margin of the pit,” says Underwood.
Significant drilling completed
Osino has completed 34,468m of infill drilling and 6,900m of step-out drilling for a total of 41,368m during the year to-date. Much of the post April MRE drilling has been at Twin Hills West, where all the ounces reported previously were in the Inferred category. There was also scope at Twin Hills West to expand the mineralisation and a new shoot was discovered in the southeast which will increase the contribution of this deposit to the Twin Hills inventory.
Osino’s Twin Hills project is at an advanced stage of exploration with various advanced development studies underway with the aim of fast-tracking the project.
Osino has a large ground position of approximately 6,140km2 located within Namibia’s prospective Damara sedimentary mineral belt, mostly in proximity to and along strike of the producing Navachab and Otjikoto Gold Mines. The company’s core projects are located north and north-west of Namibia’s capital city Windhoek. By virtue of their location, the projects benefit significantly from Namibia’s well-established infrastructure with paved highways, railway, power and water in close proximity.
WhyAfrica visited Osino’s Twin Hills project earlier this month as part of its WhyAfrica Southern Africa Overland Road Trip.
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Leon Louw is the founder and editor of WhyAfrica. He specialises in natural resources and African affairs.
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