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Omnia Metals Group Ltd ( (AU:OM1) ) has provided an update.
Omnia Metals Group Ltd has outlined the next phase of exploration across its Western Australian portfolio, planning a follow-up airborne VTEM geophysical survey at the Ord Basin Project to refine subsurface conductive targets for future drilling, building on earlier high-grade copper-silver rock chip results, gravity surveys and geochemical work. At its Salt Creek Project in the Goldfields, a recent 941m slim-line RC drilling campaign returned low-grade assays but delivered important geological and structural data that will be used to sharpen the company’s exploration model and prioritise new targets in a highly prospective but under-tested area. Across both projects, Omnia is adopting a staged, data-driven approach to target ranking and capital allocation, while strategically shifting its broader focus toward securing antimony, silver and rare earth element projects in the United States, a move aimed at diversifying its asset base and strengthening its exposure to critical minerals markets for the energy transition.
The most recent analyst rating on (AU:OM1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Omnia Metals Group Ltd stock, see the AU:OM1 Stock Forecast page.
More about Omnia Metals Group Ltd
Omnia Metals Group Ltd is an Australian mineral exploration company focused on discovering and developing copper, silver, gold and base-metal resources, primarily through its Ord Basin Project in the East Kimberley and its Salt Creek Project in the Goldfields of Western Australia. The company is increasingly targeting critical minerals, including antimony, silver and rare earth elements, with a strategic emphasis on securing projects in the United States to align with growing demand from the global energy and technology transition.
Average Trading Volume: 1,783,091
Technical Sentiment Signal: Sell
Find detailed analytics on OM1 stock on TipRanks’ Stock Analysis page.