Osmond Resources Says Drilling at Spain Project Confirms High Grades of Critical Minerals; Shares Fall 3%

MT Newswires Live

2025/11/24

Osmond Resources (ASX:OSM) said the drilling of a second drill hole at the Orion EU critical minerals project in Spain confirmed high grades of critical minerals, according to a Monday Australian bourse filing.

The drill hole was drilled vertically from the same location as the first one, and it encountered 3 meters at over 13% grade of titanium oxide, 4.6% grade of zirconium oxide, 1,020 parts-per-million of hafnium oxide, and nearly 1% grade of total rare earth oxides from 105.8 meters.

Five drill holes, for a total of 1,673 meters, have been completed at Orion, with an additional drill hole in progress.

Osmond Resources' shares fell 3% in recent trading on Monday.

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