ASX:OSM

5 stories mentioning ASX:OSMUpdated 21d ago

Every FINWIRES story that references ASX:OSM, newest first.

Osmond Resources Reports High-Grade Critical Mineral Results at Spain Project; Shares Up 3%

Osmond Resources (ASX:OSM) reported critical minerals drilling assay results from its Orión EU Critical Mineral Project in Spain, according to a Thursday Australian bourse filing.The results were up to 5.7 meters at about 11% titanium dioxide (TiO2), 3.8% zirconium dioxide (ZrO2), 815 parts per million (ppm) hafnium dioxide (HfO2) and 0.8% total rare earth oxide (TREO), including 0.2% magnet rare earth oxide from 209.7 meters, including 2.1 meters at nearly 13% TiO2, 4.6% ZrO2, 969 ppm HfO2 and 0.9% TREO from 210 meters.Drill hole assay results from the Southern Block are anticipated to have a material impact on the mineral resource estimate and scoping study metrics, the filing added.The company's shares rose nearly 3% in recent Thursday trade.

ASX:OSM

Asia34d ago

Osmond Resources Says Drilling at Spanish Critical Minerals Project Encounters Prospective Pochico Formation Quartzite Layers

Osmond Resources (ASX:OSM) said a drill hole at the Orión EU critical minerals project in Spain encountered the prospective Pochico formation quartzite layers, according to a Friday Australian bourse filing.The company said it expects to reach the base of the Pochico formation soon to allow for geophysical logging and correlation with other drill holes in the Southern Block of Zone 1.It said its maiden mineral resource is expected to be completed in time to support the targeted completion of a scoping study before the end of the September quarter. The second drilling program is expected to restart in late September or early October.Osmond Resources started a work stream targeting a secondary listing of its ordinary shares on Bolsa de Madrid in Spain.The company's shares fell nearly 2% in recent trading on Friday.

ASX:OSM

Asia45d ago

Osmond Resources Intersects Heavy Mineral-Prospective Formation From Step-Out Drilling at Spain Project, Shares Up 4%

Osmond Resources (ASX:OSM) said the first step-out drill hole in the Southern block at the Orión EU rare earth, titanium, and zirconium project in Spain intersected the heavy mineral-prospective Pochico formation, a siliciclastic geological system, according to a Monday Australian bourse filing.The drill hole was located 1.25 kilometers from earlier discovery drill holes, which intersected a primary high-grade heavy mineral seam.Its shares rose 4% in recent trading on Monday.

ASX:OSM

Asia55d ago

Osmond Resources Advances Spain Critical Minerals Project, Scoping Study on Track for Q3; Shares Up 13%

Osmond Resources (ASX:OSM) said a scoping study for its Orión EU Critical Minerals Project in Spain remains on track for completion in the third quarter of the year, with plant design and expected product mix substantially completed, according to a Friday Australian bourse filing.The company said it has started drilling on two additional holes designed to target extensions of the high-grade area in the roughly 10-square-kilometer Zone 1 Resource Target Area, with results expected to contribute to the mineral resource estimate supporting the scoping study.The company's shares rose past 13% in recent Friday trade.

ASX:OSM

Asia70d ago

Osmond Resources Identifies High-Grade Critical Minerals Mineralization in Spain Project, Shares Up 14%

Osmond Resources (ASX:OSM) identified high-grade critical minerals mineralization during a recent drilling at its Orión EU critical minerals project in Spain, according to a Thursday Australian bourse filing.The results were of up to two meters at 13.7% titanium dioxide, 5.22% zirconium oxide, and 0.93% total rare earth oxide, with a total heavy mineral content of 29.1%, the filing added.The company said independent consultants engaged to undertake the mineral resource estimation have indicated that channel sampling can be included in the estimation process, with phase 2 drilling targeting four holes proximate to existing high-grade drill holes and outcrops, pending a final administrative signature.A scoping study is continuing with completion anticipated in the second half of the year, it added.The company's shares rose 14% in recent Thursday trade.

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