Osino Resources: A Goldmine Success Story in Namibia

In 2019, Osino Resources Corp. took a risky step by acquiring the Twin Hills Gold Project in Namibia for a modest C$9.5 million.

Fast forward to 2024 - this risky move has paid off in spectacular form.

Osino has transformed this initial acquisition into a true goldmine, recently approving a deal to sell the company to Shanjin Mining Corporation for C$368 million.

That’s not just impressive—it’s a game-changer for both the company and the broader mining industry; as we’ve seen the GDXJ now cross an important 14 year trendline.

But what does this mean for investors? Let’s dig in.To put Osino’s meteoric rise into context, let’s examine their stock performance.

Since the 2019 acquisition, Osino’s stock (TSX-V:OSI) has skyrocketed 296.84%, dramatically outpacing the broader mining market.

Compare this to the 17.25% gain achieved by the GDXJ (a junior gold miners ETF), and you start to see just how exceptional this growth story really is.Key Highlights from Osino’s Journey:

• Initial Acquisition (2019): C$9.5 million

• Recent Sale (2024): C$368 million 

• Acquisition Price: C$1.90 per share

• Cash Infusion for Ongoing Operations: US$10 million

What This Means for the IndustryOsino’s remarkable story has undoubtedly sparked interest and speculation: is this the beginning of a new trend in gold mining, particularly in the sub-Saharan region?

With such a successful exit, the potential for other projects to follow suit is real—especially considering this isn’t Osino’s CEO, Heye Daun’s, first success. In 2012, he sold his previous company to B2 Gold for US$200 million.

Investors are eagerly watching for the next big opportunity—an 'Osino 2.0,' if you will.But for this trend to truly take off, several factors are key:

• Continued exploration and investment in high-potential regions like Namibia.

• Supportive government policies to encourage foreign investment.

• Efficient infrastructure to handle the growing demand for resource extraction.

Osino’s success highlights not only the importance of strategic investments but also the value of visionary leadership in navigating the ups and downs of commodity markets.

Their story underscores the opportunities that still exist in underexplored regions, particularly as the global appetite for gold remains strong.Many people are asking…

Are we about to witness a golden age for Namibian gold mining, or is this a one-off success?

I know what I think, and I might just have something for you in the coming months… stay tuned for more.

And, either way, Osino has certainly set a new bar for the industry.

As always, happy hunting!