Osmond Resources to Fast Track High-Grade Target at Spain Critical Minerals Project, Shares Jump 10%
MT Newswires Live
Jan 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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.