Osino is a Canadian gold exploration and development company focused on the fast-tracked development of our wholly owned Twin Hills Gold Project (“Twin Hills”) in central Namibia. Since its grassroots discovery by Osino in August 2019 the Company has completed more than 220,000m of drilling and has completed a suite of specialist technical studies culminating in the recently published Twin Hills PFS. The PFS describes a technically simple and economically robust open-pit gold operation with a 2.15moz gold reserve, 13-year mine life and average annual gold production of over 169koz per annum.
Twin Hills Gold Project
Osino released a pre-feasibility study for Twin Hills dated effective September 6, 2022 signed October 25, 2022 stating 2.15 Moz in reserves (average Au grade of 1.04 g/t with a cutoff of 0.3 g/t), outlining a 13-year open-pit mine life with an average annual gold production rate of 169koz per annum at all-in sustaining costs of US$930/oz in the first 10 years of operation. 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. The DFS is on track for completion in about mid-2023.
Construction expected to start in 2023, following project financing and first gold expected in 2025
- Innovative & systematic exploration delineated new Au system. Grassroots, large-scale gold discovery at Twin Hills, characterized by with wide intercepts incl. high grade shoots
- Fast tracking the development of a technically de-risked gold project with significant upside potential
- Favourable mining jurisdiction with access to infrastructure, water, transportation
- Well established mining sector/economy