AMN - NAMIBIA: Osino outlines 2020 exploration plans

Osino Resources Corp has outlined details of its Namibia gold exploration activities and work program planned for 2020. The Twin Hills Central Discovery in 2019 was a significant milestone for Osino and will continue to be the focus of the work program in 2020 as the company moves towards resource definition at this new deposit.

In tandem with the detailed drilling at Twin Hills Central, mineralisation along strike will be assessed in more detail along with continued regional sampling and target definition programs.

The 2020 work program will focus on:

• A 20,000-metre drilling program, which is scheduled to commence in mid-March with two diamond drill rigs at the Twin Hills Central Discovery and related targets;

• IP ground geophysical survey to begin in early March;

• Structural geology review of Twin Hills Central underway;

• Preliminary metallurgical test-work on Twin Hills Central drill samples to begin this month;

• Follow-up of bedrock drilling results at Etekero and Fairview; and

• Ongoing regional sampling program of 10,000 samples aimed at identifying new targets at Otjikoto East, Kranzberg, Etekero and other regional licences.

The entire 2020 work program is fully funded and expected year-end residual cash is expected of more than C$6 million.

Osino's founder and CEO Heye Daun said: "I am very excited to provide details of the intensive work program which Osino's technical team has planned for 2020. "Coming off the successful, oversubscribed financing which closed in January, this program aims to achieve a good balance between rapidly defining and growing what we already have and trying to make new discoveries elsewhere on our licence holdings.

"With the growing financial support of our existing and new shareholders and the experience, innovation and drive of our own team, I have a strong conviction that 2020 will be a very successful year for Osino."

Osino's VP Exploration Dave Underwood also said: "Most of the drilling and technical work is intended for infill and step-out drilling towards resource definition at the Twin Hills Central Discovery.

"Around 30% of the planned drilling will focus on advanced exploration of the Twin Hills satellite targets, including Twin Hills West and Clouds, deeper drilling at Twin Hills Central, and the remainder of the Karibib gold trend with the objective of making further discoveries.

"Included in this program is also a significant regional exploration effort, mainly ongoing surface and bedrock sampling plus limited RC/diamond drilling, with the aim of testing our other Namibian targets, generating new ones and generally advancing our entire Namibian project pipeline."

Osino is a Canadian gold exploration company, focused on the acquisition and development of gold projects in Namibia. Its 23 exclusive prospecting licences are within Namibia's prospective Damara mineral belt, mostly in proximity to and along strike of the producing Navachab and Otjikoto Gold Mines.

www.osinoresources.com