Osino announces progress on definitive feasibility study for Twin Hill project

Osino Resources provides an update on the definitive feasibility study for Osino’s Twin Hills Gold Project. The DFS is being consolidated by Lycopodium Minerals Africa in accordance with National Instrument 43-101-Standards of Disclosure for Mineral Projects, with input from several other consultants and Osino. It is expected to be released around mid-2023. Heye Daun, Osino’s co-founder and President & CEO commented: "For the DFS, Osino is making use of two EPCM (Engineering, Procurement & Construction Management) contractors, Lycopodium and DRA/Senet, who both have an extensive and successful track record of delivering gold projects in Africa. Their experience has proven to be highly beneficial in ensuring that risks identified in earlier stages of project development are being mitigated during the DFS. The DFS will further de-risk the Project and showcase its potential as one of the top-tier, near-term, undeveloped gold projects in Africa. In parallel to the technical work underway, we are advancing financing discussions with potential financiers as we get closer to making a formal construction decision".