During the reporting period to 10/06/2024, exploration activities completed by the company included a literature review, historic drill core sampling, a review of available geophysical data and a gravity survey. During the literature review company geologists identified the potential for uranium roll-front style deposits within historical coal exploration reports, and identified a number of historic drill cores to further investigate. The drill cores were visited and sampled at the South Australia Drill Core Library, with 56 samples collected for analysis of their uranium and REE content.

The company contracted Daishsat Geodetic Surveyors to carry out a detailed helicopter gravity program over the Fowler Project Main Target Area, consisting of one large grid comprising 500 m spaced stations (450 new gravity stations) along equivalent spaced lines. The survey was offset from historical survey stations and effectively reduced the survey pacing to 350 x 350 m in some areas.

Although the prospectivity of nickel, copper and uranium does exist on EL 6603, Osmond Resources have decided to terminate the Joint Venture earn in to concentrate on core projects.