Osmond Resources Confirms World-Class Titanium and Rare Earth Grades at Orión Project
Osmond Resources has released confirmatory assay results from its Orión EU Critical Minerals Project in Spain, revealing high-grade titanium, zirconium, hafnium, and rare earth element mineralisation. These findings reinforce the project's potential as a globally significant source of critical minerals.
- Drill hole AV-01bis confirms high-grade titanium and rare earth mineralisation
- Assays include up to 19.1% TiO2 and 1.29% total rare earth oxides
- Primary quartzite heavy mineral layer shows continuity and significant thickness
- Six drill holes completed with assays pending, advancing towards resource estimate
- Project development fast-tracked to leverage strong EU regulatory support
Confirmatory Drilling Reinforces Project Potential
Osmond Resources Ltd (ASX, OSM) has announced compelling assay results from its second drill hole, AV-01bis, at the Orión EU Critical Minerals Project in southern Spain. The results confirm the presence of world-class grades of titanium (rutile), zirconium, hafnium, and rare earth elements (REE) within a primary quartzite-hosted heavy mineral layer. This confirmation follows the initial high-grade intercepts reported from drill hole AV-01, drilled just 27 metres away.
High-Grade Mineralisation with Strategic Importance
The AV-01bis hole intersected a 3.0-metre interval starting at 105.75 metres depth, grading 13.2% titanium dioxide (TiO2), 4.6% zirconium dioxide (ZrO2), 1,020 ppm hafnium oxide (HfO2), and 0.89% total rare earth oxides (TREO). Within this interval, narrower sections showed even higher grades, including 1.8 metres at 19.1% TiO2 and 1.29% TREO. These figures underscore the deposit’s potential to supply critical minerals essential for the EU’s strategic autonomy in technology and clean energy sectors.
Project Scale and Continuity
Osmond has completed six drill holes to date, with assays pending for several. The consistent high-grade results from AV-01 and AV-01bis support the continuity of the primary heavy mineral quartzite layer, a key factor for defining a robust Mineral Resource Estimate. Channel sampling along outcrops adjacent to the drill sites further corroborates the continuity and grade of the mineralisation.
Advancing Towards Development Amid EU Support
The Orión Project covers a substantial 228 square kilometres in Jaén Province, Andalucía, and is positioned to benefit from strong EU regulatory incentives aimed at reducing reliance on imports of critical minerals. Osmond plans to fast-track development activities, including a Mineral Resource Estimate and Scoping Study, targeted for completion in the first half of 2026. The company is also conducting detailed mineralogical studies and metallurgical test work to refine processing flowsheets.
Broader Strategic Context
Beyond Orión, Osmond holds interests in other critical mineral projects in Spain and South Australia, including the Iberian One Project and Yumbarra Project. The company’s focus on critical minerals aligns with growing global demand driven by electrification, renewable energy, and advanced manufacturing. The confirmation of high-grade titanium and rare earth mineralisation at Orión positions Osmond as a potential key supplier within the EU’s critical minerals supply chain.
Bottom Line?
With high-grade assays confirming continuity, Osmond is poised to accelerate Orión’s development amid rising EU demand for critical minerals.
Questions in the middle?
- How will pending assay results from other drill holes impact the overall resource estimate?
- What are the next steps in metallurgical testing and processing flow sheet confirmation?
- How might evolving EU regulatory frameworks influence project financing and timelines?
