Osino Resources announces Newmont completed geochemical orientation program

Osino Resources (OSIIF) announces that Newmont Corporation (NEM) has completed a geochemical orientation program during October 2022 to test their proprietary Deep Sensing Geochemistry, DSG, technique over known covered mineralization at Osino’s Twin Hills gold project. Dave Underwood, Osino’s Vice President, Exploration commented: "The Damara Orogenic Belt in Namibia is highly prospective terrane hosting four currently known gold deposits including Navachab, Otjikoto, Twin Hills and Ondundu. However, a large part of the belt is covered by calcrete and/or wind-blown sand and remains completely unexplored. These covered areas had not been effectively explored until Osino started a new wave of regional exploration in Namibia by introducing sampling and analysis techniques which ‘see through’ calcrete and sand, covering the prospective rocks beneath. Newmont has recently been building a technical relationship with Osino and pursuant to that has sent in a specialist geochemical exploration team to carry out orientation work at Twin Hills… After completing a holistic target generation exercise over the north-eastern strike extent of the Karibib fault zone we have now staked the entire area covering the eastern extension of the Karibib fault in a very large contiguous land package – the Sandveld license block. We look forward to starting work in this area, which is entirely covered by calcrete and has never seen any effective exploration, suggesting significant blue-sky potential."