The Company
OD6 Metals is an Australian public company pursuing exploration and development opportunities within the critical mineral sector.
Rare Earth Elements
The Company has successfully identified clay hosted rare earths at its 100% owned Splinter Rock Project, located in the Esperance-Goldfields region of WA – about 30 to 150km northeast of the major port and town of Esperance.
REE are becoming increasingly important in the global economy, with uses including advanced electronics and permanent magnets electric motors in electric vehicles, wind turbines and robotics.
An updated Mineral Resource Estimate (MRE) for the flagship Splinter Rock Rare Earths Project was released in May 2024 and has confirmed that Splinter Rock hosts the largest and highest-grade clay-hosted rare earths deposit in Australia with a Resource of 682Mt @ 1,338ppm TREO.
The Splinter Rock MRE indicates that high-value Magnetic Rare Earths (MagREE) such Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy) and Terbium (Tb) represent ~23% of the deposit.
Metallurgical testing using hydrochloric acid to leach the rare earths have resulted in positive REE recoveries with optimisation ongoing. The Inside Centre Prospect is a main focus of the company given its metallurgical recoveries, high grade, low strip ratio and its considerable thickness.
As part of the exploration process the Company has entered into heritage agreements with the Ngadju Native Title Aboriginal Corporation that serves to both enable exploration and protect important cultural sites on Country.
Copper
The Company has recently acquired the 100% owned Gulf Creek Copper project located ~540km north of Sydney in NSW. The project is considered highly prospective for copper and zinc, with the historic Gulf Creek and Murchison copper mines located within its tenure.
The Company is looking to expand on the existing gulf creek copper mine footprint and has a fully permitted drill program to commence exploration works in early 2025.
Copper’s excellent electrical and thermal conductivity is becoming increasingly important as the energy transition to electricity and renewables continues to gain momentum.
The land subject to the Gulf Creek Copper project falls within the Gomeroi Native Title Claim Area.
Why OD6 Metals?
100% owned tenement packages targeting energy transition minerals
Multiple large-scale prospects identified for rare earth elements and significant copper potential at Gulf Creek
Australia’s largest and highest grade clay rare earth deposit of 682 Mt at 1,338 ppm TREO (at a 1,000ppm cut-off grade for ~912 kt contained TREO. With 10-80m thick intersections, near surface.
Highly prospective and significantly underexplored Gulf Creek copper tenement containing a high grade Copper – Zinc VMS style deposit. Historic production reporting from the Gulf Creek Copper Mine confirms an average of 3-6% Cu.