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Osmond lands maximum Spanish grant as Orión drilling moves into next phase

8:46am on Monday 5th of October, 2026 AEDT • Mining
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Osmond lands maximum Spanish grant as Orión drilling moves into next phase

8:46am on Monday 5th of October, 2026 AEDT
Key Points
  • €250,000 provisional Spanish Government grant awarded to Orión
  • 13-hole drilling program due to begin shortly, with a second rig expected before mid-October
  • Drilling targets resource expansion and improved confidence outside the existing MRE boundary
  • 85 million shares issued to retain Osmond’s 80% interest in Iberian Critical Minerals
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