Osino issues assays results on Ondundu Gold Project in Namibia

Osino Resources Corp has released an updated on the recently completed infill and orientation drill program at the Ondundu Gold Project in Namibia.

The drill program had two main objectives: to upgrade the mineral resource around the Razorback Main Zone and to provide guidance on the best drilling, sampling, and assay methodologies for future work in the nuggety coarse gold mineralization at Ondundu.

Short drill program

Some notable intercepts from the short drill program include:

Hole ONRC23-019: 157 meters at 1.50 g/t (from 55 to 212 meters), including higher-grade sections such as 54 meters at 1.76 g/t, 5 meters at 7.36 g/t, and 3 meters at 22.21 g/t.

Hole ONRC23-015: 51 meters at 1.92 g/t (from 153 to 204 meters), including 42 meters at 2.24 g/t.

Hole ONRC23-013: 10 meters at 2.65 g/t (from 31 to 41 meters) and 88 meters at 0.98 g/t (from 53 to 141 meters).

Hole ONRC23-014: 70 meters at 1.02 g/t (from 0 to 70 meters), including 17 meters at 2.30 g/t, and 41 meters at 0.85 g/t (from 99 to 140 meters).

Hole ONRC23-022: 7 meters at 2.25 g/t (from 41 to 48 meters) and 69 meters at 1.36 g/t (from 129 to 198 meters), including 12 meters at 2.67 g/t, and 6 meters at 4.57 g/t (from 211 to 217 meters).

These results indicate the potential to increase both the size and grade of the main ore zones through further detailed infill and step-out drilling. Moreover, the drilling in a westerly orientation unexpectedly intersected mineralization to the east of the current resource, suggesting the possibility of defining a new zone of mineralization in an area never previously drilled.

The company also conducted metallurgical test work on sensor-based optical sorting machines. The test results showed excellent separation of the gold-bearing quartz veins from the homogenous sediment, indicating very good pre-concentration potential. Previous metallurgical test work also demonstrated gold recovery in the range of 76-79% from gravity-only processes.

Additionally, the program aimed to evaluate alternative assay techniques better suited for dealing with the pronounced gold nugget effect at Ondundu. The results from the orientation program will be utilized to plan a larger infill and resource expansion drill program across the Ondundu deposit. Overall, the updates seem promising for the Ondundu Gold Project, and further exploration and assessment could lead to potential resource upgrades and discoveries of new mineralization zones.