# OSM: OSM - Corporate Presentation - October 2026 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03148796 Publisher: asx Original announcement: 2026-10-05T22:40:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-05T23:09:25.075Z Atlas analysis updated: 2026-10-05T23:09:25.075Z - Company: Osmond Resources Limited - Ticker: OSM - Exchange: ASX - Region: Jaén Province, Andalucía, Southern Spain - Primary commodity: Rare earths - Secondary commodities: Titanium dioxide, Zirconium dioxide, Hafnium dioxide, Neodymium oxide, Praseodymium oxide, Dysprosium oxide, Terbium oxide, Samarium oxide, Gadolinium oxide, Yttrium oxide, Rutile, Ilmenite, Zircon, Monazite - Document categories: Resource update, Other - Extracted: 2026-10-05 23:09:25 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Osmond Resources Limited has announced a maiden JORC 2012 Mineral Resource Estimate for its Orión EU Critical Minerals Project, totaling 60.0 Mt at 6,274 ppm TREO, 3.06% ZrO₂, 624 ppm HfO₂, and 9.39% TiO₂. The estimate includes 25% in the Measured and Indicated categories. Concurrently, a Scoping Study for the project reveals robust financial metrics, including a post-tax NPV8 of US$2,309M and an IRR of 145%, with a low initial capital expenditure of US$299M. Reasoning: The release announces a maiden JORC 2012 Mineral Resource Estimate and positive Scoping Study results for the Orión EU Critical Minerals Project, highlighting high-grade resources of strategic minerals with strong financial metrics. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Significant Measured and Indicated categories - Positive factor: Positive Scoping Study results with strong financial metrics - Positive factor: Strategic critical minerals - Positive factor: QP/CP signed - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 68 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The document explicitly states 'JORC 2012 maiden MRE'. Evidence · text > JORC 2012 maiden MRE **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: The resource estimate is prepared in compliance with JORC Code Reporting Standards. Evidence · text > JORC Code Reporting Standards **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Mr Fernando Palero and Mr José Antonio Zuazo Osinaga are named as Competent Persons responsible for the Exploration Results and Mineral Resources respectively. Evidence · text > Mr Fernando Palero is a licensed professional geologist in Spain and is a registered member of the European Federation of Geologists, an accredited organisation to which the Competent Person \(CP\) under JORC Code Reporting Standards must belong in order to report Exploration Results, Minerals Resources or Ore Reserves through the ASX. Mr Palero has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as a CP as defined in the 2012 edition of the Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves \(JORC code\). Mr Palero consents to the inclusion of this information in the form and context in which they occur. The information in this presentation that relates to Mineral Resources is based on, and fairly represents, information and supporting documentation prepared by Mr José Antonio Zuazo Osinaga, a Competent Person who is a Member of the European Federation of Geologists. Mr Zuazo is an independent consultant and technical director of CRN Consultants. Mr Zuazo has more than 35 years of experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Zuazo consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: The document presents 'ORIÓN SCOPING STUDY RESULTS', which is an early-stage economic assessment. Evidence · text > ORIÓN SCOPING STUDY RESULTS **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The MRE includes 44.7 Mt of Inferred resources, representing a significant portion of the total. Evidence · table > 44.7 Context: Inferred **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: The document does not explicitly state the cut-off grade used for the Mineral Resource Estimate. Evidence · text > The Orión MRE \(JORC 2012\) totals 60.0Mt @ 6,274ppm TREO \(including 1,710ppm NdPr oxide and 91ppm DyTb oxide\), 3.06% ZrO₂, 624ppm HfO₂ and 9.39% TiO₂ \(est. 16.22% THM\) **Strategic Minerals** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The project targets EU-designated critical raw materials including rare earths, zirconium, and titanium, which are highlighted as strategic. Evidence · text > Targeting key European Union-designated critical raw materials, including Monazite \(Rare Earth Elements\), Zirconium & Hafnium and Rutile & Ilmenite \(Titanium\) ## Extracted facts Stored fact records: 68. Some facts used in scoring do not have a stored record. ## Resource Estimates (68) ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-0) Orión EU Critical Minerals Project · titanium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: titanium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 12.1 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 12.1 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-1) Orión EU Critical Minerals Project · zirconium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zirconium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 4.2 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 4.2 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-2) Orión EU Critical Minerals Project · hafnium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: hafnium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 848 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 848 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-3) Orión EU Critical Minerals Project · total rare earth oxides #### Identity - Project: Orión EU Critical Minerals Project - Commodity: total rare earth oxides - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 8595 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 8,595 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-4) Orión EU Critical Minerals Project · neodymium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: neodymium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 2364 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 2,364 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-5) Orión EU Critical Minerals Project · dysprosium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: dysprosium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 124 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 124 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-6) Orión EU Critical Minerals Project · rutile #### Identity - Project: Orión EU Critical Minerals Project - Commodity: rutile - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 10.1 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 10.1 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-7) Orión EU Critical Minerals Project · ilmenite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: ilmenite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 3.9 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 3.9 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-8) Orión EU Critical Minerals Project · zircon #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zircon - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 6.2 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 6.2 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-9) Orión EU Critical Minerals Project · monazite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: monazite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 1.2 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 1.2 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-10) Orión EU Critical Minerals Project · vhm #### Identity - Project: Orión EU Critical Minerals Project - Commodity: vhm - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a0e6b307208989800652 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 21.4 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 21.4 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-11) Orión EU Critical Minerals Project · titanium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: titanium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 10.3 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 10.3 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-12) Orión EU Critical Minerals Project · zirconium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zirconium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 3.4 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 3.4 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-13) Orión EU Critical Minerals Project · hafnium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: hafnium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 688 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 688 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-14) Orión EU Critical Minerals Project · total rare earth oxides #### Identity - Project: Orión EU Critical Minerals Project - Commodity: total rare earth oxides - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 7013 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 7,013 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-15) Orión EU Critical Minerals Project · neodymium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: neodymium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 1912 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 1,912 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-16) Orión EU Critical Minerals Project · dysprosium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: dysprosium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 102 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 102 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-17) Orión EU Critical Minerals Project · rutile #### Identity - Project: Orión EU Critical Minerals Project - Commodity: rutile - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 8.6 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 8.6 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-18) Orión EU Critical Minerals Project · ilmenite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: ilmenite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 3.3 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 3.3 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-19) Orión EU Critical Minerals Project · zircon #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zircon - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 5.1 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 5.1 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-20) Orión EU Critical Minerals Project · monazite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: monazite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 1 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 1.0 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-21) Orión EU Critical Minerals Project · vhm #### Identity - Project: Orión EU Critical Minerals Project - Commodity: vhm - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:f421933df985af0e5282 - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 13300000 - Grade: 17.9 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 17.9 Context: 13.3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-22) Orión EU Critical Minerals Project · titanium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: titanium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 9 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 9.0 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-23) Orión EU Critical Minerals Project · zirconium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zirconium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 2.9 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 2.9 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-24) Orión EU Critical Minerals Project · hafnium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: hafnium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 595 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 595 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-25) Orión EU Critical Minerals Project · total rare earth oxides #### Identity - Project: Orión EU Critical Minerals Project - Commodity: total rare earth oxides - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 5952 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 5,952 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-26) Orión EU Critical Minerals Project · neodymium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: neodymium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 1621 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 1,621 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-27) Orión EU Critical Minerals Project · dysprosium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: dysprosium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 87 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 87 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-28) Orión EU Critical Minerals Project · rutile #### Identity - Project: Orión EU Critical Minerals Project - Commodity: rutile - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 7.5 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 7.5 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-29) Orión EU Critical Minerals Project · ilmenite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: ilmenite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 2.9 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 2.9 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-30) Orión EU Critical Minerals Project · zircon #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zircon - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 4.3 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 4.3 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-31) Orión EU Critical Minerals Project · monazite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: monazite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 0.8 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 0.8 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-32) Orión EU Critical Minerals Project · vhm #### Identity - Project: Orión EU Critical Minerals Project - Commodity: vhm - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:8505bab4ed33b92c210e - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 44700000 - Grade: 15.5 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 15.5 Context: 44.7 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-33) Orión EU Critical Minerals Project · titanium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: titanium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 12.1 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 12.1 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-34) Orión EU Critical Minerals Project · zirconium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zirconium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 4.2 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 4.2 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-35) Orión EU Critical Minerals Project · hafnium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: hafnium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 848 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 848 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-36) Orión EU Critical Minerals Project · total rare earth oxides #### Identity - Project: Orión EU Critical Minerals Project - Commodity: total rare earth oxides - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 8595 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 8,595 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-37) Orión EU Critical Minerals Project · neodymium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: neodymium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 2364 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 2,364 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-38) Orión EU Critical Minerals Project · dysprosium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: dysprosium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 124 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 124 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-39) Orión EU Critical Minerals Project · rutile #### Identity - Project: Orión EU Critical Minerals Project - Commodity: rutile - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 10.1 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 10.1 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-40) Orión EU Critical Minerals Project · ilmenite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: ilmenite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 3.8 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 3.8 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-41) Orión EU Critical Minerals Project · zircon #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zircon - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 6.2 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 6.2 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-42) Orión EU Critical Minerals Project · monazite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: monazite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 1.2 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 1.2 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-43) Orión EU Critical Minerals Project · vhm #### Identity - Project: Orión EU Critical Minerals Project - Commodity: vhm - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:a4b708ac2265f6b07a99 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: measured - Tonnes: 2000000 - Grade: 21.4 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 21.4 Context: 2.0 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-44) Orión EU Critical Minerals Project · titanium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: titanium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 10.9 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 10.9 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-45) Orión EU Critical Minerals Project · zirconium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zirconium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 3.7 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 3.7 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-46) Orión EU Critical Minerals Project · hafnium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: hafnium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 739 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 739 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-47) Orión EU Critical Minerals Project · total rare earth oxides #### Identity - Project: Orión EU Critical Minerals Project - Commodity: total rare earth oxides - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 7614 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 7,614 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-48) Orión EU Critical Minerals Project · neodymium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: neodymium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 2077 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 2.077 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-49) Orión EU Critical Minerals Project · dysprosium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: dysprosium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 110 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 110 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-50) Orión EU Critical Minerals Project · rutile #### Identity - Project: Orión EU Critical Minerals Project - Commodity: rutile - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 9.1 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 9.1 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-51) Orión EU Critical Minerals Project · ilmenite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: ilmenite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 3.4 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 3.4 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-52) Orión EU Critical Minerals Project · zircon #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zircon - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 5.4 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 5.4 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-53) Orión EU Critical Minerals Project · monazite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: monazite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 1.1 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 1.1 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-54) Orión EU Critical Minerals Project · vhm #### Identity - Project: Orión EU Critical Minerals Project - Commodity: vhm - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:068ced341a951a2d3512 - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: indicated - Tonnes: 11900000 - Grade: 19 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 19.0 Context: 11.9 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-55) Orión EU Critical Minerals Project · titanium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: titanium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 10 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 10.0 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-56) Orión EU Critical Minerals Project · zirconium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zirconium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 3.3 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 3.3 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-57) Orión EU Critical Minerals Project · hafnium dioxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: hafnium dioxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 665 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 665 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-58) Orión EU Critical Minerals Project · total rare earth oxides #### Identity - Project: Orión EU Critical Minerals Project - Commodity: total rare earth oxides - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 6901 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 6,901 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-59) Orión EU Critical Minerals Project · neodymium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: neodymium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 1885 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 1,885 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-60) Orión EU Critical Minerals Project · dysprosium oxide #### Identity - Project: Orión EU Critical Minerals Project - Commodity: dysprosium oxide - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 98 - Grade Unit: ppm #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 98 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-61) Orión EU Critical Minerals Project · rutile #### Identity - Project: Orión EU Critical Minerals Project - Commodity: rutile - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 8.3 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 8.3 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-62) Orión EU Critical Minerals Project · ilmenite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: ilmenite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 3.2 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 3.2 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-63) Orión EU Critical Minerals Project · zircon #### Identity - Project: Orión EU Critical Minerals Project - Commodity: zircon - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 4.9 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 4.9 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-64) Orión EU Critical Minerals Project · monazite #### Identity - Project: Orión EU Critical Minerals Project - Commodity: monazite - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 1 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 1.0 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-65) Orión EU Critical Minerals Project · vhm #### Identity - Project: Orión EU Critical Minerals Project - Commodity: vhm - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Estimate type: resource - Reporting standards: jorc - QP Signed: Yes - Qualified person names: Fernando Palero, José Antonio Zuazo Osinaga - Resource group id: resource:6a4efc68c279b0e4b16e - Deposit or zone: Main Seam - Mining method: underground - Ownership percent: 76 % #### Resource Data - Category: inferred - Tonnes: 35900000 - Grade: 17.4 - Grade Unit: % #### Prior Estimate - Resource Date: 2026-09-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Maiden JORC 2012 MRE for strategic critical minerals. - Positive factor: Maiden JORC 2012 MRE - Positive factor: High-grade resource - Positive factor: Strategic critical minerals - Negative factor: Significant inferred component in MRE - Negative factor: Cut-off grade for MRE not disclosed Evidence · table > 17.4 Context: 35.9 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### Fact 67 [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-66) Orión EU Critical Minerals Project #### Identity - Project: Orión EU Critical Minerals Project - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Reporting standards: jorc - Resource group id: resource:227bec0ec7c721ba8eb7 - Mining method: underground #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Positive Scoping Study results with strong financial metrics for a strategic critical minerals project. - Positive factor: Strong financial metrics - Positive factor: Low initial capex - Positive factor: High IRR and NPV - Positive factor: Short payback period Evidence · table > US$299M Context: Low Capex #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### Fact 68 [Link to this fact](https://atlas-staging.minestarters.com/news/osm-osm-corporate-presentation-october-2026--103b29a8-0fdf-4849-a1c9-f5eb43e32265#fact-resource-facts-67) Orión EU Critical Minerals Project #### Identity - Project: Orión EU Critical Minerals Project - Region: spain - Reported Region: Jaén Province, Andalucía, Southern Spain - Ticker: OSM #### Resource scope - Reporting standards: jorc - Resource group id: resource:227bec0ec7c721ba8eb7 - Mining method: underground #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-05T00:00:00.000Z Reasoning: Positive Scoping Study results with strong financial metrics for a strategic critical minerals project. - Positive factor: Strong financial metrics - Positive factor: Low initial capex - Positive factor: High IRR and NPV - Positive factor: Short payback period Evidence · table > US$3,457M Context: US$2,309M #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **JORC Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with JORC Code \(Australia\) — high reporting standard. Why it applies: reporting\_standards includes jorc **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.