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Osino files mining license application for Twin Hills gold project

Published by , Editor
Global Mining Review,

Osino Resources Corp. has filed an application with Namibia’s Ministry of Mines and Energy for a mining license at its flagship Twin Hills gold project in Namibia.

The application comes after the company released a preliminary economic assessment (PEA) on Twin Hills earlier this month. Osino’s technical team and specialist consultants are presently engaged in fulfilling the administrative and technical requirements which the application’s approval is conditional upon.

Heye Daun, Osino’s President & CEO, comments:

“Applying for a mining license is a major step forward in the de-risking and advancement of the Twin Hills gold project towards construction and gold production. It is the most significant component amongst a variety of other permitting activities and clearance certificates required under Namibia’s minerals and environmental legislation. Osino plans to conclude all these steps over the next 12 months. We thank the Namibian regulators, especially the Ministry of Mines and Energy, who have been very helpful and co-operative in getting us to this point.”

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African mining news Gold mining news