Osino Reports Significantly Upsized Mineral Resource at Twin Hills Gold Project, Namibia

Highlights

VANCOUVER, British Columbia, April 13, 2022 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI.VN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to announce an updated mineral resource for its Twin Hills Gold Project in the Erongo Region of Namibia. The Company’s previous resource announced in July of 2021, has grown substantially along with significant conversion of Inferred resources to Indicated resources. The increase in resources is due to resource expansion in the Twin Hills Central, Bulge and Clouds areas, and delineation of additional resources from new areas (see Figure 1). The mineral resource was estimated from approximately 167,000m of diamond core (DD) and reverse circulation (RC) drilling, of which approximately 153,000m has been sampled with available assay data. Drill collars were generally spaced at 35m x 35m on surface at the main targets (Bulge, Twin Hills Central and Clouds), with holes inclined at 60°, resulting in an effective data spacing of 35m laterally and 30m on section lines. Additional targets (Clouds West, Twin Hills North, Kudu and Oryx) were drilled at 50m x 50m spacing and are reported as Mineral Resources for the first time.