While Osino Resources Corp remains focused on the financing and construction activities of the Twin Hills gold project, the company has reported progress at its other exploration projects, including at Ondundu.
According to a statement released by the company last week, the Ondundu drill programme, which was designed to upgrade the mineral resource around the Razorback Main Zone, has provided exceptional results.
According to Osino’s vice president for exploration, Dave Underwood, the short drill programme Osino recently completed at Ondundu produced exceptional intercepts, including 157m at 1,50g/t in hole ONRC23-019, and 109m at 2,30g/t in hole ONRC23-017.
“These results indicate the potential to increase the size and grade of the main ore zones with further detailed infill and step-out drilling. In addition, the two holes drilled in a westerly orientation to check for mineralisation perpendicular to the main ore shoots intersected unexpected mineralisation to the east of the current resource, and indicate the potential to define a new zone of mineralisation in an area never previously drilled,” he says.
Ondundu gold deposit is located 130km to the north-west of Osino’s Twin Hills gold project in an area of known gold deposits hosted within the inland arm of the Damara Belt.
The Ondundu project has a long history of mining and exploration, dating back to the first European to note gold in the area in 1917.
Between 1922 and 1964, it was reported that a significant amount of gold was recovered by small-scale miners on various mining claims in what is now known as the Ondundu Main Zone.
Gold was recovered from alluvial, eluvial and shallow oxidised gold-bearing rocks.
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