Osmond Confirms Outstanding Rutile Ratios - Osmond Resources ASX.OSM

7 Apr 2025 10:19 AM

HIGHLIGHTS

• Outstanding results received from all five samples from Zone 3 sent for TIMA* Analysis
  
  
• High-value rutile averaging over 95% of Titanium mass
  
  
  
• Rutile grade as a percentage of total material analysed
  
  
  
• Geological work continues to show positive correlation between outcrops
  
  
• Focus remains on commencing drilling activities.

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Osmond Resources Limited (ASX: OSM) (Osmond or the Company) is pleased to announce outstanding results from all five samples from Zone 3 sent for TESCAN Integrated Mineral Analyzer (TIMA) analysis.  Five samples were chosen from Zone 3 (refer ASX Release dated 28 January 2025), with high-value rutile averaging over 95% of total Titanium mass. 

Rutile is the most valuable titanium mineral with the highest TiO₂ content of over 95% TiO₂.  Pricing data from the USGS Mineral Commodity Summaries 2025 for 2024 shows Rutile trades at a 380% premium over Ilmenite (US$1,310 vs. US$340). https://pubs.usgs.gov/publication/mcs2025

 

Commenting on the results, Osmond CEO and Managing Director, Anthony Hall, said:

“These results were stronger than we expected and importantly confirm a significant majority (over 95%) of the titanium is coming from high-value rutile.  The titanium ratios are simply amazing and will ultimately provide a great advantage to any strategic critical minerals mining operation in the EU.

Our focus remains on commencing drilling activities to confirm we have a unique mineral sands project with extraordinary high-grade, high-value and high-tonnage.”

 

Link to ASX Release:  https://bit.ly/4cprTve

 

Investors and Media contact:

Anthony Hall | Managing Director and CEO

[email protected]

+61 417 466 039           

 

Elvis Jurcevic | Investor Relations

[email protected]

+61 408 268 271

 

* TESCAN Integrated Mineral Analyzer

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