Mining Stock Education

*Osino Resources Makes New Gold Discovery* (CEO Heye Daun Interview)


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Heye Daun has over 20 years of experience with top-tier mining companies and financial groups. As the former President & CEO of Ecuador Gold & Copper Corp. (“EGX”) he was instrumental in the creation of Lumina Gold Corp. through the C$200M merger of EGX with Odin Mining. He is a co-founder of Auryx Gold Corp. and co-lead Auryx through IPO, capital raising, project development to the C$180M sale to B2 Gold Corp. Prior to that he worked for Nedbank Capital and Old Mutual Investment Group. He spent the first ten years of his career with Rio Tinto, AngloGold-Ashanti and Gold Fields, building and operating mines in Africa.
https://osinoresources.com/
Key highlights from Osino Resources’ August 26th, 2019 press release:
-Completed 7-hole, maiden diamond drill program at Twin Hills Central on August 19, 2019.
-3 out of 7 borehole assays received to date suggest a significant new gold discovery at Twin Hills Central, with wide zones of mineralization intersected in all holes, open along strike and down dip.
-Best gold intercepts include:
• 104m @ 0.70g/t Au (from 115m), incl. 10m @ 1.27g/t and 20m @ 1.11g/t
• 189m @ 0.69g/t Au (from 21m), incl. 14m @ 1.14g/t, 7m @ 1.42g/t and 5m @ 1.43g/t
• 78m @ 0.64g/t (from 91m) including 23m @ 1.01g/t
-Highest individual meter assays include:
• 5.70 and 4.76g/t (OKD002)
• 3.08 and 2.84g/t (OKD001)
• 4.29g/t (OKD003)
-The first two holes received end in mineralization at 1.11 and 1.43 g/t Au respectively
-Further RC and diamond drilling is planned for Q4 2019 at Twin Hills Central and other prospects
0:05 Introduction
2:09 Osino’s business plan and goals
4:14 Osino’s leadership’s past success
4:50 Karibib trend in central Namibia
5:31 Nearby gold mines to Osino’s gold projects
8:43 Initial discovery drill results
12:57 Upcoming assays and drill program
15:34 Treasury and burn rate
17:00 Possibility of a strategic investor
18:47 Why Namibia is like Texas or Switzerland
20:39 Potential challenges
22:00 Final thoughts
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Osino Resources is a sponsor of Mining Stock Education. Osino’s forward-looking statement found in the company’s presentation applies to the content of this podcast. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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