Osmond Resources (ASX:OSM) said that its focus on the Orion EU critical minerals project in Spain is on fast-tracking the mineral resource estimate, so that the scoping study can be completed, according to a Monday Australian bourse filing.
Three high-grade samples of 150 kilograms were collected from the project, per the filing. It is expected to contain globally significant accumulation of rutile, zircon, and monazite.
The company's shares rose past 5% in recent trading on Monday.
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