Osino Resources - An Emerging Gold Developer in Namibia

• Osino Resources (OSI) is a company in the gold sector with potential for growth but needs to demonstrate certain numbers and results soon.
• The company has successfully discovered the potential for gold, with the CEO believing it offers one of the best risk-return opportunities in the current market.
• Osino Resources is currently awaiting the results of several studies, including a PEA and PFS-level, and plans to accelerate their development timeline.
• The company has recently raised funds amounting to USD$17.1M, which will be invested to further their exploration and operations.
• There is potential for mergers and acquisitions (M&A) in the near future, with the CEO suggesting possible synergy with a nearby gold mine that's been in production for 30 years.

About Osino Resources

Osino Resources is a Canadian gold exploration and development company focused on the emerging and underexplored gold belt in Namibia. The company is led by CEO Heye Daun, a Namibian mining engineer with experience building and operating gold mines in Africa.

Osino was founded in 2015 with backing from mining financier Ross Beaty to consolidate licenses and explore for large-scale gold deposits in Namibia. After several years of exploration under cover, Osino made a major gold discovery called Twin Hills in 2019. The company is now focused on fast-tracking Twin Hills into a production scenario within the next 2-4 years.

Osino has raised over $25 million and currently has a market capitalization of around $125 million CAD. The company’s share price has steadily increased since the initial discovery was announced in late 2019.

Interview with Heye Daun, CEO of Osino Resources

The Twin Hills Discovery

The Twin Hills discovery is located in central Namibia 20km from the producing Otjikoto gold mine owned by B2Gold. Early indications point to a disseminated, open-pit project with similarities to the 2Moz Otjikoto mine.

Osino CEO Heye Daun believes Twin Hills has the potential to host an initial resource of 1-2Moz, which would rank it among the top 3 gold projects in Namibia. The company is accelerating exploration drilling to define a maiden resource by early 2022.

According to Daun, once an initial resource is delineated, Osino will immediately move to a Preliminary Economic Assessment (PEA) to demonstrate the economics of the project. The PEA and feasibility studies will advance Twin Hills to a construction decision within 2-4 years.

Unlocking Value Through M&A

Beyond the flagship Twin Hills project, Osino is also positioning itself to participate in merger and acquisition (M&A) activity in the region.

Located just 20km from Twin Hills, the producing Navachab gold mine is expected to be put up for sale soon by its current owners. At 5-6Moz of total resources, a combination of Osino’s Twin Hills and Navachab has the potential for significant synergies and increased scale.

While hesitant to telegraph Osino’s intentions, CEO Daun hinted they intend to be a driving force in any corporate activity around consolidating assets in the region. He believes the combined assets could warrant a substantial rerating for Osino shareholders if consolidated.

Conclusion

With its recent discovery, strong cash position, experienced management team, and located in a safe, mining-friendly jurisdiction, Osino Resources represents an attractive investment opportunity among gold exploration and development stocks.

The upcoming resource estimate and economic studies will be key catalysts in demonstrating the potential value at Twin Hills. Additionally, M&A activities in the region could bring opportunities to unlock further value from Osino’s strategic position.

With gold prices near record highs, investors searching for high-quality gold assets may want to take a hard look at Osino Resources in the year ahead.