Osino Resources Corp has confirmed lead study partner on its proposed US$365 million Twin Hills gold project in Namibia, Lycopodium, as the project’s front-end engineering and design (FEED) contractor.
Toronto-listed Osino filed a positive Lycopodium-authored definitive feasibility study on Twin Hills in June,
“The award of this FEED study marks another key milestone for Osino as it moves the Twin Hills gold project closer to production,” Osino CEO Heye Daun said.
“Having worked closely with Lycopodium on successive technical studies over the last few years, we are delighted to have selected them as the engineering lead towards the implementation of the Twin Hills project.
“Lycopodium is recognized for their gold processing plant design expertise and their world-class track record of on-time and on-budget project delivery in Africa and globally.”
Twin Hills is along strike of the producing Navachab and Otjikoto gold mines on Namibia’s Damara sedimentary mineral belt.
Osino is aiming to achieve financial close on the project before the end of 2023.
