South African Council of Churches

Osino Announces Positive Assay Results From Infill Drilling at Twin Hills Gold Project Including Best Hole to Date

Retrieved on: 
Wednesday, November 1, 2023
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VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update on the recently completed infill drill program at the Twin Hills Gold Project (“Twin Hills” or “the Project”) including the best hole drilled at the Project to date with an intercept of 61m at 3.21g/t. Osino remains focused on the financing and pre-construction activities at Twin Hills, as well as closely spaced infill drilling of the initial starter pits to validate modelling and de-risk initial production.

Key Points: 
  • 22m @ 1.80g/t
    Assay results from 50 out of 110 holes still to be reported with all results expected within 3 weeks.
  • Similar tightly spaced infill drilling at Clouds and Twin Hills Central pits is ongoing with the objective of converting the first 2 years of mining from Indicated to Measured mineral resource category across the Twin Hills project.
  • VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update on the recently completed infill drill program at the Twin Hills Gold Project (“Twin Hills” or “the Project”) including the best hole drilled at the Project to date with an intercept of 61m at 3.21g/t.
  • All holes drilled so far produced very good assay results as expected, with very consistent grades across the Twin Hills gold deposit.

Osino Partner Completes Phase 1 Earn-In at Omaruru Lithium Project, Namibia, Proceeds to Phase 2

Retrieved on: 
Friday, September 1, 2023
Lithium, Resource, South African Council of Churches, Soil, Project, SE, Agent handling, News, Agreement, EPL, Phase II, Honours degree, OSI, FSE, Element, NSX, Anomaly, OSN, Lithia, Bachelor of Science, Pathfinder, Outline, NI, Earned value management, PSC, Mineral Resources Limited, RAB, ASX, LCT, Julius Berger (company), DFS, Uranium mining, Silviculture, Real estate, Security (finance), Rare-earth element, Mining, Telescopic sight, Brockman 4 mine, RC, Karlsbrunn, Spirit

VANCOUVER, British Columbia, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to report the completion of the phase 1 earn-in (“Phase 1”) on its majority-owned Omaruru Lithium Project (“Omaruru” or “the Project”) in Namibia by Prospect Resources Limited (ASX:PSC) (FRA:5E8) (“Prospect”) and announces that Prospect will proceed with the phase 2 earn-in (“Phase 2”).

Key Points: 
  • Heye Daun, Osino’s President and CEO commented: “We are encouraged by the results of the Phase 1 program on our Omaruru Lithium Project.
  • The success of the Phase 1 program sets the stage for potential new discoveries during the Phase 2 drilling campaign planned for Omaruru.
  • The tenement is located near several advanced mining projects including Lepidico’s Karibib Lithium Project and Osino’s Twin Hills Gold Project.
  • Figure 1: Omaruru Lithium Project location relative to the Twin Hills Gold Project, other Osino projects and mines and deposits in the area.

Osino Awards Front-End Engineering Design and Provides Project Implementation Update for the Development-Stage Twin Hills Gold Project, Namibia

Retrieved on: 
Thursday, August 3, 2023
Operational definition, Operations readiness and assurance, Technical report, Honours degree, Lycopodium, South African Council of Churches, OSI, FSE, Oil, Orientation, Consultant, Bachelor of Science, Navachab Gold Mine, FEED, Documentation, Gold, National instrument, Mining, TSF, Engineering, National Instrument 43-101, News, DFS, Uranium mining, Construction, Rare-earth element, Earthworks (engineering), Civil engineering, Otjikoto Lake

VANCOUVER, British Columbia, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update progress with activities in support of the planned development of Osino’s Twin Hills Gold Project (“Twin Hills” or “the Project”), following the successful completion of a Definitive Feasibility Study in June 2023.

Key Points: 
  • Heye Daun, Osino’s President and CEO commented: “The award of this FEED study marks another key milestone for Osino as it moves the Twin Hills Gold Project closer to production.
  • Lycopodium is recognized for their gold processing plant design expertise and their world-class track record of on-time and on-budget project delivery in Africa and globally.
  • The Twin Hills Gold Project is located within Namibia’s prospective Damara sedimentary mineral belt, in proximity to and along strike of the producing, open-pit Navachab and Otjikoto gold mines.
  • Twin Hills is planned to be a conventional open-pit gold mine with a whole-ore carbon-in-leach (“CIL”) metallurgical processing plant.

Osino Announces Filing of Definitive Feasibility Study Technical Report for Twin Hills Gold Project, Namibia

Retrieved on: 
Thursday, July 13, 2023
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VANCOUVER, British Columbia, July 13, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to announce that further to the announcement of its Definitive Feasibility Study on June 12, 2023, it has now filed the Technical Report entitled, "Definitive Feasibility Study of the Twin Hills Gold Project, Namibia, NI 43-101 Technical Report" with an effective date of June 12, 2023, signed July 5, 2023 (the "Technical Report" or "DFS").

Key Points: 
  • VANCOUVER, British Columbia, July 13, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to announce that further to the announcement of its Definitive Feasibility Study on June 12, 2023, it has now filed the Technical Report entitled, "Definitive Feasibility Study of the Twin Hills Gold Project, Namibia, NI 43-101 Technical Report" with an effective date of June 12, 2023, signed July 5, 2023 (the "Technical Report" or "DFS").
  • The DFS is for the Company's flagship Twin Hills Gold Project ("Twin Hills" or the "Project"), which is located in central Namibia and is being advanced rapidly through accelerated drilling and fast-tracked development studies.
  • For additional information and the most current technical information, please refer to the Technical Report available on the Osino website ( www.osinoresources.com ) and filed on SEDAR under the Company's profile at www.sedar.com .
  • (Hons) is Vice-President Exploration of Osino and has reviewed and approved the scientific and technical information in this news release.

Tennis and apartheid: how a South African teenager was denied his dream of playing at Wimbledon

Retrieved on: 
Friday, July 7, 2023
Tennis, Apartheid, All England Lawn Tennis and Croquet Club, Male, Democracy, Truth and Reconciliation Commission, Social justice, Truth and Reconciliation Commission (South Africa), Wimbledon, International Tennis Federation, South African Council of Churches, Woman, Wimbledon Championships, Goal, Social capital, Pain, Dream, Blood, Racism, Perspiration, Book, Sports equipment, Hunting, Music, Entertainment, Periodical literature, Consultant, KwaMashu, African, Demographics of South Africa

But in 1971 an 18-year-old university student, Hoosen Bobat from Durban, was excluded from achieving his dream of becoming the first black South African to play in the Wimbledon men’s junior tournament.

Key Points: 
  • But in 1971 an 18-year-old university student, Hoosen Bobat from Durban, was excluded from achieving his dream of becoming the first black South African to play in the Wimbledon men’s junior tournament.
  • This was due to apartheid, and the collusion of the all-white tennis union in South Africa and the International Lawn Tennis Federation, with Wimbledon toeing the line.
  • My book documents the historic 1971 first international tour by a squad of black South Africans who played tennis under the auspices of the non-racial Southern African Lawn Tennis Union.
  • In 1973, the union was a founding affiliate of the South African Council on Sport, which popularised the slogan
    No normal sport in an abnormal society.

The issues

    • In the book I cover three issues.
    • In 1971 South Africa was a racist, segregated and repressive society, based on white supremacy and privilege and black subjugation.
    • Thirdly, the book demonstrates the collusion between the International Lawn Tennis Federation and the white South African tennis body.

The arguments

    • I make five main arguments.
    • One is that, since democracy in 1994, there has been no fitting recognition, symbolic or material, of outstanding apartheid-era non-racial tennis players.
    • Certainly, there is less self-organisation of the kind that harnessed limited economic and social capital in black communities to ensure non-racial tennis.
    • The commercial media linked to big business were also complicit, devoting print copy and airtime principally to white sports.

Class, racism and patriarchy

    • Opportunities in tennis were profoundly shaped by class, racism, patriarchy and other factors.
    • There were no “Black” South African players chosen because of a debatable notion of “merit” used by the Southern African Lawn Tennis Union.
    • And the tour was an exclusively male affair even though there were outstanding women tennis players and well-established women’s tournaments.

Truth and justice

    • Only the truth can put the past to rest.
    • We can now deal with our past, establish the truth which has so long been denied us, and lay the basis for genuine reconciliation.

Osino Provides Update on DFS for Twin Hills Gold Project, Namibia

Retrieved on: 
Wednesday, June 7, 2023
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VANCOUVER, British Columbia, June 07, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or “the Company”) is pleased to provide an update on the definitive feasibility study for Osino’s Twin Hills Gold Project (“Twin Hills” or “the Project”). The DFS is being consolidated by Lycopodium Minerals Africa (Pty) Ltd. (“Lycopodium”) in accordance with National Instrument 43-101—Standards of Disclosure for Mineral Projects ("NI 43-101"), with input from several consultants and Osino.

Key Points: 
  • VANCOUVER, British Columbia, June 07, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or “the Company”) is pleased to provide an update on the definitive feasibility study for Osino’s Twin Hills Gold Project (“Twin Hills” or “the Project”).
  • Heye Daun, Osino’s President and CEO commented: “Our team is on track to deliver the Twin Hills DFS in mid-June.
  • The DFS optimisations and updated MRE result in a robust project with strong economic fundamentals that establish Twin Hills as a top-tier African gold development project.”
    The Twin Hills Gold Project is located within Namibia’s prospective Damara sedimentary mineral belt, in proximity to and along strike of the producing, open-pit Navachab and Otjikoto gold mines.
  • Twin Hills is amenable to conventional open-pit gold mining and conventional, whole-ore CIL metallurgical processing.

Osino Drills 109m @ 2.30g/t Gold at Ondundu Gold Project, Namibia, Best Intercept in Company History

Retrieved on: 
Monday, April 17, 2023
Diamond, Parasitism, GPS, Vein, Technical report, Technical Report Archive & Image Library, Honours degree, UTM, South African Council of Churches, Bachelor of Science, Gold, GM, National instrument, National Instrument 43-101, News, Technical, Printed circuit board, Lithium, Mining, Uranium mining

VANCOUVER, British Columbia, April 17, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update on the recently completed infill and scissor hole drill programs at the Ondundu Gold Project (“Ondundu” or “the Project”) including the best intercepts recorded in the Company’s history.

Key Points: 
  • intercepts are constrained at 0.4g/t cut-off, minimum 2m wide and no more that 2m internal dilution.
  • The GM number indicated by color coding in Figure 1 is a commonly used short-hand method of representing gold grade (g/t) and unconstrained intercept width (m) as a single metric by multiplying the average intercept grade with the intercept width.
  • The main geological feature in the project area is the low amplitude Ondundu anticline, a major north-trending
    antiformal fold which plunges approximately 30° to the south.
  • Parasitic folds within the regional anticline have
    concentrated gold mineralization mainly in conformable (bedding parallel) veins.

Osino Partner Announces New Lithium Discovery and Phase 1 Drilling Results at Omaruru Lithium Project, Namibia

Retrieved on: 
Friday, March 31, 2023
Lithium, Agreement, Damara orogeny, Phase II, Honours degree, Resource, Hillside, Beryl, South African Council of Churches, ASX, OSI, FSE, RC, Bachelor of Science, Prospect, Gold, Soil, NI, LCT, Project, Rubicon, PSC, News, DFS, Uranium mining, Security (finance), Rare-earth element, Pharmaceutical industry, Brockman Building, Karlsbrunn, Helicon

VANCOUVER, British Columbia, March 31, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update on its majority-owned Omaruru Lithium Project (“Omaruru” or “the Project”) in central Namibia following the completion of a Phase 1 Reverse Circulation (“RC”) drill program by Prospect Resources Limited (ASX:PSC) (FRA:5E8) (“Prospect”). Osino entered into an Earn-In and Shareholder Agreement (the “Agreement”) with Prospect in Q4 2022 whereby Prospect can earn up to 51% and potentially up to 85% interest in the Project (see Osino press release dated September 30, 2022).

Key Points: 
  • Highlight intersections from the Phase 1 drilling program include:
    Drilling undertaken at Brockmans indicates significant prospectivity and scope for identifying larger tonnages of higher-grade lithium mineralization.
  • Heye Daun, Osino’s President and CEO, commented: “We are excited to receive excellent results generated by Prospect Resources’ team at the Omaruru Lithium Project.
  • The Phase 1 drilling results confirm and expand the success of the early exploration and drilling programs completed by Osino between 2019-2021 and set the stage for a significant, maiden JORC-compliant resource to be delineated at Omaruru later this year.
  • Assay results are highly encouraging with two adjacent holes completed in the southern zone evidencing a new discovery of continuous lithium mineralization.

Osino Announces Infill and Step-Out Assay Results From Drilling at Twin Hills Gold Project, Namibia

Retrieved on: 
Thursday, February 23, 2023
THW, News, Gold, FSE, National instrument, Bulge, DD, GPS, Honours degree, DFS, GM, South African Council of Churches, RC, Growth, THC, UTM, National Instrument 43-101, Oryx, MRE, OSI, Bachelor of Science, OJW, Uranium mining, Silviculture, Clothing, Lobster, Telescopic sight, Oil, Road, Printed circuit board, Coke (fuel), Inference, Cloud

VANCOUVER, British Columbia, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update on the recently completed infill and step-out drill program at the Twin Hills Gold Project (“Twin Hills” or “the Project”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update on the recently completed infill and step-out drill program at the Twin Hills Gold Project (“Twin Hills” or “the Project”).
  • Twin Hills includes five distinct zones of mineralization including Bulge, THC, THW, Clouds and Clouds West (refer to Figure 1 below).
  • A total of 5,470m of assay results are still pending and will be reported in the next few weeks, once available.
  • OKD486 drilled at Clouds returned assay results of 77m @ 0.92g/t gold including 26m @ 1.44g/t (refer to Figure 2 and 5 below).

Osino Receives Multiple Project Finance Offers For the Development of the Twin Hills Gold Project, Namibia

Retrieved on: 
Friday, February 3, 2023
Master of Science, PMP, Mining, Partner, National Instrument 43-101, FSE, Gold, National instrument, South African Council of Churches, OSI, ECSA, Hedley Byrne & Co Ltd v Heller & Partners Ltd, Hydrogeology, Technical, Bachelor of Science, CCP, Person, Master of Engineering, Honours degree, PFS, Project, DFS, News, Oil, Construction

VANCOUVER, British Columbia, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or “the Company”) is pleased to announce that it has it has received eight project finance offers from credible institutions for the construction financing of its wholly owned Twin Hills Gold Project (“Twin Hills” or “the Project”) in Namibia.

Key Points: 
  • The project financing process is led by Terrafranca Capital Partners Ltd. and remains on schedule to meet the Company’s development timelines.
  • VANCOUVER, British Columbia, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or “the Company”) is pleased to announce that it has it has received eight project finance offers from credible institutions for the construction financing of its wholly owned Twin Hills Gold Project (“Twin Hills” or “the Project”) in Namibia.
  • This process is taking place while working to meet our Project development timelines.
  • The comprehensive nature of the PFS and the resulting economic robustness of the Project has allowed the Company to fast track the project finance process.