Osino announces 'robust' DFS results for Twin Hills gold project with pre-tax NPV of $742M

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Osino announces 'robust' DFS results for Twin Hills gold project with pre-tax NPV of $742M
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Osino announces 'robust' DFS results for Twin Hills gold project with pre-tax NPV of $742M

- Osino Resources today announce the results of the definitive feasibility study for the company’s Twin Hills gold project in central Namibia.

Osino reports that the project is expected to generate NPV of US$742M and IRR of 34% at 5% discount rate and US$1750/oz gold price, and NPV of US$480M and IRR of 28% at 5% discount rate and US$1750/oz gold price. The project has a 13-year life-of-mine and 5.0 million tonnes per annum design processing capacity. Overall capital cost is projected at US$365M with a payback period of 2.2 years.

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