Heye Daun joins MSE to discuss Osino Resources’ (TSXV:OSI – OTC:OSIIF – FSE:R2R1) recently-announced increased mineral resource of over 3M AuOz for its Twin Hills Gold Project in the Erongo Region of Namibia. The mineral resource was estimated from approximately 212,184m of diamond core and reverse circulation drilling. Drill collars were generally spaced at 35m x 35m on surface and inclined at 60°, resulting in an effective data spacing of 35m laterally and 30m on section lines.
A specific area of the Twin Hills Central resource, measuring 100m along strike and 50m across strike, was drilled at a closer spacing of 12.5m x 12.5m. This drilling was done as an orientation study to investigate the short-range variability of the deposit and possible implications on future grade control drilling configurations. In addition, the drilling provided insight into requirements for upgrading Indicated mineral resources to Measured.
Heye Daun, Osino’s President & CEO commented: “We are very pleased with the results of this updated mineral resource model which is going from strength to strength. We managed to add significant higher-grade ounces and converted almost all the previously classified Inferred resources to Indicated or Measured status. At an elevated cut-off grade of 0.9 g/t we now have more than 2moz at 1.46 g/t in the Measured & Indicated category and even at a lower cut-off of 0.3 g/t the average grade of the Measured & Indicated portion of the mineral resource increased to 1.08g/t. This has been achieved through a combination of more discrete resource modelling but also the addition of higher-grade material which was drilled over the last few months. Most of the resource growth came from Twin Hills West, but two new emerging zones of mineralization at Clouds West and Twin Hills North also contributed additional resource ounces. We expect the extra ounces and grade to make a meaningful difference to the overall project economics in the upcoming PFS and we are very excited about publishing the results of that PFS in early September.”
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Inflation in services is now where the action is, not commodities or durable goods.
The Supreme Court’s recent Dobbs opinion, reversing the court’s 1973 Roe v. Wade opinion, which unleashed 64 million abortions in the United States, is based on the principles of popular democracy and federalism. In a popular democracy, the majority of voters determine all laws either directly or through popularly elected representatives. Under federalism, the states have retained the areas of governance that they did not cede to the federal government such as health, safety, welfare and morality.
Now they are trying to convince us that dramatically higher prices are good news. Are you kidding me? Our standard of living is being systematically destroyed, and more Americans are falling out of the middle class with each passing day. The government just announced that in July the consumer price index was 8.5 percent higher than it was the previous July. Of course many have challenged the value of the inflation numbers that the government is giving us because the way inflation is calculated has been changed many times over the years. As John Williams of shadowstats.com has pointed out, if the rate of inflation was still calculated the way that it was back in 1980 it would be far higher than anything that we experienced during the Jimmy Carter era of the 1970s. You can spin that any way that you want, but it is still a raging national crisis.
So what are conventional pundits missing today? I would start with three dynamics.
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New York Attorney General Letitia James has investigated former President Donald Trump and his real-estate business for over a year. The probe, conducted in conjunction with the Manhattan District Attorney’s Office, began as a civil investigation before James announced last May that it had become criminal.
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The judge who likely signed the warrant authorizing the raid on former President Donald Trump’s Mar A Lago estate previously made anti-Trump social media posts and shared content about ‘white privilege’.
The Internal Revenue Service just deleted a job posting page from its website detailing duties for prospective new agents, including using “deadly force if necessary” during tax audits.
