AMN - NAMIBIA: Third gold zone at Twin Hills

Osino Resources Corp has confirmed a new zone of bedrock gold mineralisation over a strike length of 1km at Twin Hills West target of the Twin Hills Gold Project in Namibia. It is the third zone to be confirmed at the project near Karibib - Twin Hills East, Central and West.

The Twin Hills project has grown from an initial small soil anomaly to a total of 11km in strike length, most of which is covered by calcrete. The project now comprises a number of surface gold anomalies which lie along the regional scale Karibib Fault. The first anomalies were discovered by Osino in 2017.

Osino has secured a total length of 70km of the Karibib Fault Zone under exclusive exploration licence and is systematically exploring along the entire trend.

Shallow percussion drilling has confirmed the third zone of bedrock gold mineralisation over a strike length of 1km at Twin Hills West with values up to 2.68 g/t gold and open to the south and west. This new zone is 1.5km to the west of the Twin Hills Central mineralisation announced in April 2019.

About 4,660 metres of shallow percussion drilling was completed over the Twin Hills West targets during April/May 2019, with assay results recently received.

The percussion holes were drilled vertically through the calcrete cover to sample the top of the bedrock beneath. The average depth of the calcrete layer in this area is 20 metres.

The objective of the ongoing shallow percussion drilling exercise is to test a number of geophysical and geochemical anomalies associated with the Karibib Fault Zone in the Twin Hills area.

A recently initiated ongoing diamond drill program is designed to test the Twin Hills Central bedrock anomaly and to provide further structural and lithological data down to a depth of 200 metres.

Osino's VP Exploration Dave Underwood said: "The latest bedrock results confirm significant gold mineralisation at Twin Hills West, in addition to the previously discovered Twin Hills Central and Twin Hills East mineralisation.

"We are encouraged and excited by the growing scale and increasing geological confidence in the Twin Hills Gold Project.

"The current diamond drill program will give us a much better geological and structural understanding of the central part of the system by delivering high quality, orientated core down to 200 metres. Assay results for the core are expected to start coming back from the laboratory in early August 2019."

A diamond drill program of six holes for a total of 1,200 metres is underway on the bedrock mineralisation at Twin Hills Central. In addition, a further 1,300 metres of shallow percussion drilling will be carried out during July to sample bedrock at the Clouds anomaly and the open-ended mineralisation at Twin Hills West.

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