Osmond Resources Ltd
OSM: Orion Resource Demonstrates Grade and Scale Potential
Osmond Resources Ltd has announced a maiden JORC-compliant Mineral Resource Estimate for its Orión EU Critical Minerals Project in Spain, totaling 60.0 Mt at 9.39% TiO₂, 3.06% ZrO₂, 624 ppm HfO₂, and 6,274 ppm TREO. The estimate includes a Main Seam of 49.7 Mt, which is the basis for a current Scoping Study, and an Upper Seam. While the resource shows significant scale and high grades for critical minerals, 74% of the total resource is in the Inferred category, and preliminary metallurgical testwork requires further validation.