Lycopodium (ASX:LYL) has been awarded the engineering, procurement, and construction management (EPCM) services contract for the development of Osino Gold Exploration and Mining's Twin Hills gold project in Namibia, with the scope under the contract valued at about AU$40 million, according to a Thursday Australian bourse filing.
Delivery for the project will commence immediately, and the first gold is anticipated in the first quarter of 2027, the filing added.