Osino Resources is fast tracking its exciting Twin Hills discovery through DFS and towards a construction decision. We are also progressing our extensive portfolio of other Namibian prospects with the aim of making further discoveries. Our winning formula? A combination of innovation, drive and technical experience with strong financial backing.
Osino’s 100% owned Twin Hills Gold Project is an advanced-stage gold project in Namibia. In September 2022, Osino released a pre-feasibility study (PFS) for its flagship Twin Hills project based on 2.15Moz reserves, outlining 13-year open-pit mine life with average annual production of ~150koz at AISC of <US$1,000/oz.
Twin Hills benefits from simple executable design, growth potential, and proximity to key infrastructure.
Additional details on the project area and regional setting are outlined in the section “Twin Hills Gold Project”.
Osino completed the acquisition of Ondundu from B2Gold on July 21, 2022. Ondundu is 100% owned by Osino and is located approximately 130km northwest of Osino’s flagship Twin Hills Project in Namibia.
The maiden MRE for Osino’s Ondundu Gold Project comprises 26 million tonnes (Mt) at an average grade of 1.13g/t Au for a total of 0.9 million ounces (Moz) of gold (inferred).
Denver Gold Forum
Americas Conference 2022