- Osino receives an Environmental Clearance Certificate from Namibia’s Ministry of the Environment, Forestry and Tourism for its Twin Hills Gold Project in Namibia
- This concludes one of three outstanding conditions for the conclusions of a full mining license for the Twin Hills gold project
- The company hopes to begin construction during the second half of 2023
- Osino Resources is a Canadian gold exploration and development company
- Osino Resources (OSI) is unchanged on the day, trading at C$0.95 per share at 10 am ET
Osino Resources (OSI) has received an Environmental Clearance Certificate for its Twin Hills Gold Project in Namibia.
The issuance of the ECC concludes one of three outstanding conditions for the conclusions of a full mining license for the Twin Hills gold project.
The remaining conditions are the implementation of a 5 per cent non-carried minority interest for local shareholders and the achievement of affirmative action quotas, and the submission of a strategy for adherence to the Namibian government’s poverty alleviation and socio-economic upliftment strategy of especially disadvantaged population groups.
Applications to obtain the necessary secondary permits have commenced with the aim of commencing construction during the second half of 2023.
Osino is a Canadian gold exploration, and development company focused on advancing its wholly-owned Twin Hills Gold Project in central Namibia.
Osino Resources (OSI) is unchanged on the day, trading at C$0.95 per share at 10 am ET.