#JustIn: Osino strikes gold again

Osino Resources, owner of the Twin Hills Gold Project in central Namibia, today announced the discovery of significant gold mineralisation at the Eureka greenfields exploration project, approximately 35km northeast of the company’s Ondundu Gold Project.

Dave Underwood, Osino’s vice president of exploration commented: “This greenfields discovery in an area of no known gold occurrences is testament once again to the target generation ability of the Osino team and the effective, systematic exploration our team is known for.

“The high-grade shoots intersected in holes ORD004, ORD005 and ORD006 are an exciting surprise, and unusual in the Namibian gold deposit context. The core is spectacular with numerous visible gold grains in a sulphide matrix breccia.

“We have just scratched the surface of this new gold project; the mineralisation is open in all directions and there are several additional targets which remain to be drilled. We are very bullish about Eureka and what it could mean for the development of a new gold district, including Osino’s Ondundu project 35km to the southwest and WIA Gold’s recently discovered Kokoseb deposit a further 50km to the southwest.”