https://www.engineeringnews.co.za
Exploration|Gold|PROJECT|Resources|Drilling
Exploration|Gold|PROJECT|Resources|Drilling
exploration|gold|project|resources|drilling

Latest assays uncover best gold intercepts to date at Osino’s Namibia project

18th April 2023

By: Donna Slater

Features Deputy Editor and Chief Photographer

     

Font size: - +

TSX-V-listed gold explorer and developer Osino Resources has made the “best intercepts recorded in the company’s history” at its Ondundu gold project, in Namibia, following recently completed infill and scissor hole drill programmes.

Since defining a maiden mineral resource estimate, Osino has undertaken 3 148 m of drilling in 15 holes, aimed at infilling and upgrading previous drilling as well as drilling and assay method enhancement.

Assay results from orientation drilling at Ondundu undertaken to identify previously unknown extensional veins has also identified new zones of mineralisation east of the resource, in an area never previously drilled.

Assays received from eight of the 15 reverse circulation infill holes at Ondundu include mineralised drillhole ONRC23-017 that shows 109 m of notable mineralisation at a grade of 2.3 g/t, including a high-grade zone of 5 m grading 7.81 g/t, and 3 m grading 7.49 g/t.

Assay results of seven holes are still to be reported and are expected by end of April.

Exploration VP Dave Underwood says the infill drilling programme at Ondundu is producing “exciting” results which complement and expand on previous drilling at Razorback by B2Gold in 2016.

“The wide intercepts at good grades confirm the robust nature at Razorback with hole ONRC23-017 being the best intercept Osino has had anywhere in Namibia,” he adds.

Drillhole ONRC23-018 revealed mineralisation over 93 m at a grade of 1.24 g/t, with a higher-grade zone of 13 m at 3.54 g/t.

Drillhole ONRC22-008 showed notable mineralisation over 70 m at a grade of 1.24 g/t and possessed a high-grade zone of 2 m at 7.54 g/t and 20 m at 1.61 g/t.

The company also notes that scissor holes at the Razorback and Margarethental prospects have intersected previously unknown mineralisation to the east of current resource, indicating significant upside potential.

“Two scissor holes were drilled westwards to check for extensional veins at right angles to the resource drilling. Not only did these holes confirm the presence of previously unknown extensional veins, but also intersected new zones of mineralisation to the east of the resource in an area never previously drilled owing to difficult access.

“This new eastern zone will be drilled out when the resource upgrade drilling gets underway,” says Underwood.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 23 February 2024
Magazine round up | 23 February 2024
23rd February 2024
An image of Dr Mehran Zarrebini posing in front of waste tires
Firm emphasises valorisation
23rd February 2024 By: Lumkile Nkomfe
Coal being transported to port
Mining tax revenue down by 50.4% y/y
21st February 2024 By: Darren Parker

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.223 0.275s - 160pq - 2rq
Subscribe Now