Osino Resources Corp. (TSXV: OSI) is a Canadian company, focused on the acquisition and development of gold projects in Namibia. Our vision is to find Namibia’s next significant gold deposit. Osino controls 5,700km2 of exploration licenses within the central zone of Namibia’s prospective Damara orogenic belt, mostly in proximity to and along strike of the producing Navachab and Otjikoto Gold Mines. Osino is focusing its efforts on exploring the flagship Karibib Gold Trend (50km Au mineralized trend) and defining new exploration targets in the Otjikoto East area and on our other licenses. Osino has excellent shareholders (Ross Beaty, RCF, Powerone, Trimark) and an experienced team with a history of delivering value.
Heye Daun – Founder & CEO
Heye Daun, the Founder and CEO of Osino, is a mining engineer with +20 years of experience with top mining companies & financial groups in Africa. As former President & CEO Heye has executed on two successful exits (C$200m merger of Ecuador Gold & Copper Corp. with Odin Mining to form Lumina Gold in 2016 and C$180m sale of Auryx Gold Corp. (Otjikoto Gold Project) to B2 Gold Corp. in 2012). Prior to that with Nedbank Capital and Old Mutual Investment Group. First 10 years of career with Rio Tinto, Anglo Gold & Gold Fields, building & operating mines in Africa. Heye is a Namibian citizen and is based in Cape Town/South Africa.
What is your rationale for attending 121 Mining Investment?
To promote the newly public (went public in late June 2018) Osino Resources Corp. to the wider retail & institutional investor community, specifically in London. We are looking to complete a financing towards the end of 2018, and we are generally interested in improved market support for our stock.
What recent news would you like to highlight to investors attending?
Osino’s vision is to find Namibia’s next significant gold deposit. We have consolidated a 50km regional structure where we recently discovered a major new gold bearing trend stretching from the producing Navachab Gold Mine to Osino’s Okapawe target, more than 40km to the northeast. The trend is located in the southern central zone of the Damara orogenic belt Osino also has a number of additional targets located along strike fro B2 Gold’s Otjikoto Gold mine and on some of our other licenses. We are well funded for an active exploration program and significant newsflow over the next 12 months.
What are your key goals for the next 3, 6 and 12 months?
Build increased market awareness and market support. Complete Phase 2 drill program on major new Karibib gold trend
Attract additional institutional shareholders Complete significant financing Drill test new targets in the Otjikoto East areas
Complete significant financing Define new targets on rest of our concession areas
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Financing Risk – we are reducing expense sin order to stretch the treasury.
In a sentence, what do you think makes your company such a compelling investment?
Great team with a history of delivering value, great country (Switzerland of Africa) and great geological endowment where we control an entire gold district with very significant exploration upside and a real chance of making a significant discovery.