ASX: OSM
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Osmond Resources Limited
Osmond Resources Limited (ASX.OSM) is a resource development company focused on developing critical minerals. The Company is currently progressing key projects in South Australia (uranium, base metals and platinum group elements (PGE)), and in Spain (rutile, zircon, hafnium, light and heavy rare earths, alum, kaolinite, and graphite).
PROJECTS
Jaén Province, Andalucía, Spain
Orion EU Critical Minerals Project*
- 288 “cuadrículas mineras” covering an area of ~86.4km2
- A lithified playa sand bed type (placer) geological system with various layers rich in three future facing / critical minerals with high grade potential:
- Titanium (Rutile dominated)
- Zircon / Hafnium
- Rare Earths (Monazite hosted)
- Initial target areas are outcropping with significant scale potential
* Acquisition of Orion EU project subject to shareholder approval at AGM to be convened 29 October 2024
Segovia Province, Spain
Iberian One Project – Alum, Kaolinite & Graphite*
- Osmond has executed a Binding staged Earn-In Agreement to acquire up to 100% of the Iberian One Project, located in Spain
- The Project is prospective for Potassium Sulphate (SOP), Alumina products and Graphite
- Over 190 historic drill holes expected to help fast-track Project development
- Project hosts two historical mines and includes the current Becerril and Paula Mining Permits
* Acquisition of Iberian One project subject to shareholder approval at AGM to be convened 29 October 2024
South Australia
The Company owns 51% of the Yumbarra Project (EL6417) in South Australia that is prospective for uranium, base metals and platinum group elements (PGE). The Company is currently considering the best way to progress the project.
Currently, the company has an interest in one South Australian project:
- Yumbarra Project – Uranium, base metals and platinum group elements (PGE)
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