Osmond Resources Advances Mining Projects

Osmond Resources Limited (AU:OSM) has released an update.

Osmond Resources Limited reported completion of its five drill hole program at the Iberian One Project in Spain, aiming to expedite mining studies and highlight a significant EU critical minerals opportunity. In South Australia, the company identified uranium targets at the Fowler Project and is advancing geophysical survey planning at the Yumbarra Project. Despite opting out of the Salt Wells Lithium and Boron Project in the USA due to market conditions, Osmond maintains a healthy cash reserve of $3.835m and is actively exploring new opportunities.

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