Osmond Resources to Fast Track High-Grade Target at Spain Critical Minerals Project, Shares Jump 10%

MT Newswires Live

01/13

Osmond Resources (ASX:OSM) said it plans to fast-track a high-grade target at the Orión EU critical minerals project in Spain, according to a Tuesday Australian bourse filing.

The firm seeks to progress the project "to scoping study completion as quickly as possible." It is focused on a high-grade area of around 10 square kilometers in zone 1 of the project, and it plans to complete a scoping study for the area in the second half of the year.

It also seeks to progress downstream product-related initiatives regarding titanium, zircon, rare earths, and silica metal.

Its shares jumped 10% in recent trading on Tuesday.

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