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Osino outlines PEA for Twin Hills

Toronto-listed Osino Resources has published a preliminary economic assessment for its Twin Hills project in Namibia, which showed a post-tax NPV 5% of US$377 million and IRR of 38% at US$1,700/oz gold.

Tom Hoskyns
Osino Resources' Twin Hills gold project in Namibia

Osino Resources' Twin Hills gold project in Namibia

Pre-production capex is estimated at US$202 million, including a 15% contingency. The PEA outlines life of mine production of 1.39Moz over 15 years and is based on an indicated resource of 14 million...

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