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OSI Geospatial Inc OSIIF



GREY:OSIIF - Post by User

Post by Betteryear2on Jul 20, 2023 7:08am
239 Views
Post# 35549305

Osino Announces Assay and Metallurgical Test Results

Osino Announces Assay and Metallurgical Test Results

Highlights

  • A total of 3,148m of Reverse Circulation (RC) drilling was completed in fifteen holes since the publication of the Ondundu maiden mineral resource estimate (“MRE”).
  • Assays received from RC step-out and infill holes at Ondundu include:
    • ONRC23-019: 157m @ 1.50g/t (55-212m) incl. 54m @ 1.76g/t, 5m @ 7.36g/t and 3m @ 22.21g/t
    • ONRC23-015: 51m @ 1.92g/t (153-204m) incl. 42m @ 2.24g/t
    • ONRC23-013: 10m @ 2.65g/t (31-41m) and 88m @ 0.98g/t (53-141m)
    • ONRC23-014: 70m @ 1.02g/t (0-70m) incl. 17m @ 2.30g/t and 41m @ 0.85g/t (99-140m)
    • ONRC23-022: 7m @ 2.25g/t (41-48m) and 69m @ 1.36g/t (129-198m) incl. 12m @ 2.67g/t, and 6m @ 4.57g/t (211-217m)
  • Metallurgical testwork samples were recently tested on sensor-based optical sorting machines which returned excellent separation of the gold-bearing quartz veins against the homogenous sediment, indicating very good pre-concentration potential.
  • Previous metallurgical testwork indicated gold recovery in the range of 76-79% from gravity only (after milling to 80% passing 75 micron), at less than 5% mass pull of the solid feed to the circuit.
  • In addition to infill and step-out drilling, the objective of the program was to evaluate alternative assay techniques more suitable to the very pronounced gold nugget effect at Ondundu.
  • Results from the orientation program will be used to plan a larger infill and resource expansion drill program across the Ondundu deposit.

VANCOUVER, British Columbia, July 20, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update on the recently completed infill and orientation drill program at the Ondundu Gold Project (“Ondundu” or “the Project”).

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