Osmond Resources Limited (ASX:OSM) | Mineral Resource Target Area Expanded
In this episode of MarketOpen's Trading Titan podcast, we examine the latest exploration update from Osmond Resources Limited (ASX: OSM) and its Orión EU Critical Minerals Project in southern Spain. The company has reported high-grade assay results from drill hole SOR-08A, including a best intercept of 2.7 metres at 10.75% titanium dioxide, 3.82% zirconium dioxide, 815 parts per million hafnium oxide, and 0.784% total rare earth oxides. A higher-grade interval returned 1.2 metres at 17.16% titanium dioxide and 6.55% zirconium dioxide.
The episode explains the company's reported extension of the mineralised system to more than 1.25 kilometres beyond the original discovery hole. It also covers seven additional channel samples that extended prospective strike by more than 550 metres, and the expansion of the area targeted for Mineral Resource definition by up to an additional 4.1 square kilometres, alongside the 2.1 square kilometres already identified within the Avellanar Block. The Orión project covers 232 square kilometres across 772 mining units.
We also discuss how the company is incorporating the expanded Southern Block dataset into geological modelling for the Maiden Mineral Resource Estimate and the Scoping Study. Looking ahead, the episode outlines the next milestones identified by the company, including assay results from drill hole SOR-07A, completion of the Maiden Mineral Resource Estimate, and completion of the Scoping Study targeted before the end of the third quarter of calendar year 2026.
This episode is based solely on information contained in Osmond Resources Limited's ASX announcement dated 16 July 2026. It is provided for information purposes only and does not constitute financial advice. Listeners should conduct their own research and consider their own financial circumstances before making any investment decision.