Osino Resources Corp.
Osino Resources Corp.
Sector: Mining
Description
Osino Resources is a publicly-traded exploration and mining company engaged in the acquisition and development of gold properties in Namibia. The company made great strides in developing its Twin Hills Discovery to the resource definition stage. The company is also progressing its extensive portfolio of several Namibian prospects with an intention of making further discoveries.
Osino Resources believes in its innovative technical expertise and strong financial backing. This exploration entity trades its shares on the TSX Venture Exchange under the symbol OSI.
The core projects owned by Osino include:
1. Twin Hills Discovery
2. Karibib District Exploration
3. Namibia Regional Exploration
The Twin Hills Discovery within the Kuiseb Formation hosts gold mineralization within a meta-greywacke unit, closely folded into an overturned syncline. The company’s founding geologists, David Underwood and Jon Andrew, reviewed Osino’s exploration strategy between 2016 and 2017, resulting in shifting the company’s focus from the small known prospects to potentially larger, deposit-scale prospects by exploration targeting through fundamentals of orogenic gold deposits.
In 2020, the company concluded two important financings and commenced a large-scale drill program using diamond drill rigs and 9 RC, focusing on resource definition at its flagship project -- Town Hill Central (THC). Osino discovered new resources through step-outs at brownfields exploration targets along the strike to the west and east of THC.
The company aims at expanding and accelerating the Twin Hills projects through its ongoing resource expansion and infill drilling. It also intends at making new discoveries at the brownfields ground within a 10-kilometer radius from Twin Hills.
The company identifies and accepts the negative impacts the mining sector can impose on the environment and the globe. It emphasizes responsible mining behavior, considering which, the company runs a not-for-profit organization called the Twin Hills Trust.
The trust has received the seed funding of N$2M from Osino and it is looking to invest in community-based areas needing improvement in wellness, health and education, enterprise development, community infrastructure betterment and environmental conservation and rehabilitation.
The exploration company is engaged in various sustainability practices and strategies and has received funding for various sustainability projects including early childhood development initiatives in Omaruru, sewerage infrastructure in the informal establishment of Usab/Karibib and food security for San artists through the Omba Arts Trusts.
The company’s analyst coverage includes reputed brokerage firms like Sprott Capital Partners, M Partners, Industrial Alliance Capital Markets, Beacon Securities and more. The publicly-traded mining company publishes its investor-related documents and financial reports on its official website. The company strongly represents its ESG and sustainability ideas.
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