When will Osmond Resources (ASX:OSM) release its scoping study for the Orión Project?

The company is currently targeting the third quarter of calendar year 2026 (Q3 CY26) for the completion and public release of the scoping study. This timeline indicates that management is meeting its projected development milestones on schedule.

What specific drilling activities are currently underway at the Orión Project?

Osmond Resources has commenced exploration drilling at the SOR-07 and SOR-08 hole locations. These specific drill holes are designed to target extensions of the known high-grade mineralisation area.

How will the new drilling data impact Osmond Resources' (ASX:OSM) resource estimates?

The data and core samples retrieved from the SOR-07 and SOR-08 drilling campaign will be integrated directly into an updated Mineral Resource Estimate. This updated estimate is intended to underpin, de-risk, and strengthen the economic assumptions in the final scoping study due in late 2026.

Why is the finalised plant design a milestone for Osmond Resources (ASX:OSM)?

Substantially completing the plant design and determining the expected product mix locks in key technical parameters for the Orión Project. This allows management to advance to precise capital expenditure (capex) and operational cost estimates.

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Osmond Resources advances Orión Project drilling, scoping study

Q: What did Osmond Resources (ASX:OSM) recently announce regarding its Orión Project?

Osmond Resources announced positive operational progress at its flagship Orión EU Critical Minerals Project. The company confirmed its upcoming scoping study is on track for completion and release in Q3 CY26.

Written by Brie CarterPublished Jun 12, 2026, 3:16 AM

Osmond Resources (ASX:OSM) announced strides in the development of its flagship Orión EU Critical Minerals Project.

The company confirmed that its highly anticipated scoping study remains firmly on track for completion and public release in the third quarter of 2026.

A milestone has already been reached, with the plant design and anticipated product mix for the operation now substantially finalised.

Osmond has mobilised a drilling programme to unlock further value from the site. Exploration teams have commenced drilling at the SOR-07 and SOR-08 hole locations.

The drill holes are specifically engineered to target potential extensions of the known high-grade mineralisation zone, which spans an approximate 10-square-kilometre area within the Zone 1 Resource Target Area.

Management expects the data and core samples retrieved from this fresh drilling campaign to yield valuable geological insights.

The results will be integrated directly into an updated mineral resource estimate designed to underpin and strengthen the final scoping study.

Osmond Resources advances Orión Project drilling, scoping study

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