Osino Partner Completes Phase 1 Earn-In at Omaruru Lithium Project, Namibia, Proceeds to Phase 2
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Friday, September 1, 2023
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VANCOUVER, British Columbia, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to report the completion of the phase 1 earn-in (“Phase 1”) on its majority-owned Omaruru Lithium Project (“Omaruru” or “the Project”) in Namibia by Prospect Resources Limited (ASX:PSC) (FRA:5E8) (“Prospect”) and announces that Prospect will proceed with the phase 2 earn-in (“Phase 2”).
Key Points:
- Heye Daun, Osino’s President and CEO commented: “We are encouraged by the results of the Phase 1 program on our Omaruru Lithium Project.
- The success of the Phase 1 program sets the stage for potential new discoveries during the Phase 2 drilling campaign planned for Omaruru.
- The tenement is located near several advanced mining projects including Lepidico’s Karibib Lithium Project and Osino’s Twin Hills Gold Project.
- Figure 1: Omaruru Lithium Project location relative to the Twin Hills Gold Project, other Osino projects and mines and deposits in the area.