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Osmond Resources Limited ( (AU:OSM) ) has shared an update.
Osmond Resources Limited has announced progress in its Orión EU Critical Minerals Project, with five drill holes completed and two more in progress. All drill holes have intersected the Pochico Formation quartzites, which are promising for heavy minerals like rutile, ilmenite, zircon, and monazite. Initial assay results from one drill hole have been fast-tracked, with further results expected soon. This development could enhance Osmond’s operational capabilities and strengthen its position in the critical minerals sector.
More about Osmond Resources Limited
Osmond Resources Limited is a company operating in the mining industry, focusing on the exploration and development of critical minerals. Their primary products include heavy minerals such as rutile, ilmenite, zircon, and monazite, which are essential for various industrial applications. The company is actively involved in projects that target the extraction of these minerals, positioning itself in the critical minerals market.
Average Trading Volume: 176,634
Technical Sentiment Signal: Hold
Current Market Cap: A$134M
For a thorough assessment of OSM stock, go to TipRanks’ Stock Analysis page.