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Asia

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
Asia

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
Asia

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.

ASX:OSM

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