LOW IMPURITY LEVELS AT QUINN FLUORSPAR PROJECT
Released
Released
Announcement PDF
ASX Announcement
16 June 2026
ASX: OD6
1
LOW IMPURITY RESULTS SUPPORTS PREMIUM CLEAN METSPAR
AND ACIDSPAR PRODUCTS AT QUINN PROJECT
HIGHLIGHTS
Following the receipt of multi-element results at Horseshoe and Mammoth:
• Impurity levels are below typical global industry thresholds, underpinning strong potential for a
premium metspar product without prior processing at Horseshoe
• Both Horseshoe and Mammoth deposits demonstrate an exceptional pre-processing impurity suite,
most notably:
o Lead and other base metals very low, for a raw fluorspar feed compared to other deposits -
presenting low risk of groundwater contamination
o Sulphur well below global industry thresholds - presenting low acid mine drainage risk
o Arsenic and cadmium at trace to non-detectable levels - reducing environmental risk and
downstream processing risk
o Phosphate within acidspar tolerances
o Uranium and thorium below detection limits, minimising radionuclide risk
o Potential deleterious elements are low compared to contaminants at other deposits in
Mexico, US, Europe and China.
• High grades of >70% average CaF2 grade in Horseshoe with low deleterious elements or pollutants
provides strong potential for Direct Shipping Ore (DSO) for a MetSpar Product
• With low deleterious elements or pollutants Horseshoe and Mammoth have the potential to be
upgraded to AcidSpar (>97%) using ore-sorting and simple flotation
• New metallurgical testwork samples have been received at a metallurgical laboratory and are due
for commencement of analyses
• Sulphur levels significantly below industry norms reduce acid-generating waste risk, providing tangible
environmental and permitting advantages
Managing Director Brett Hazelden, commented:
“These results reinforce our belief that Quinn has the potential to become one of the highest-grade fluorspar projects
in North America.
Not only are we seeing exceptional fluorspar grades, particularly at Horseshoe, but we are also seeing remarkably
low levels of impurities that commonly attract penalties or create processing challenges at many fluorspar operations
globally.
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The ability to potentially produce a Direct Shipping Ore MetSpar product from Horseshoe, while also maintaining a
pathway to higher-value AcidSpar products through conventional flotation techniques, provides significant flexibility
for future development.
Importantly, the low level or absence of problematic elements such as uranium, thorium, sulphur, arsenic and elevated
base metals supports our view that Quinn could become a strategically important domestic source of fluorspar for
the United States at a time when western governments are seeking secure critical mineral supply chains for the
growing industry.”
OD6 Metals Limited (ASX: OD6) (“OD6” or “the Company”) is pleased to report the multi-element results
from fluorspar bearing samples from the Horseshoe and Mammoth deposits, part of the exciting Quinn
Fluorspar Project located in Nevada, USA.
Acidspar and Metspar
Fluorspar (also known as fluorite) is a simple mineral with the formula CaF2, which contains 48.9% fluorine by
weight. Fluorspar is the main mineralogical source of fluorine. High-grade fluorspar mineralisation is typically
upgraded through simple processing to produce concentrates known as Acidspar, and Metspar.
MetSpar is a mineral product containing >60% fluorspar (CaF2) and is sold to the steel industries as a fluxing
agent. As a fluxing agent, the MetSpar improves slag fluidity, remove impurities, lower the melting temperature,
protect refractory materials and to enhance high-end stainless steel products.
MetSpar typical needs to be:
• >60% CaF2
• less than 5,000ppm lead (Pb)
• less than 3,000ppm sulphur (S)
AcidSpar is an upgraded mineral product containing >97% fluorspar (CaF2) and is sold to the chemical industry
for hydrofluoric acid production, and ultimately is used in the nuclear fuels industry, battery technologies, solar
panels, defence technologies and AI chip manufacturing.
AcidSpar specifications typically need to be:
• >97% CaF2
• <1.5% silica (SiO2),
• <10-20ppm arsenic,
• <1,000ppm sulphur (S)
• <100-550ppm phosphorous (P).
• Penalties or refusal are potentially applied for high lead (Pb) and other base-metals (Cu, Zn, Mo), and
pollutants such cadmium, chromium or any radioactive elements such as uranium or thorium.
Reviewed testwork suggests that Quinn mineralisation has the potential to produce both Metspar and
premium Acidspar products, depending on processing configuration and optimisation (refer release dated 20
May 2026).
A modern metallurgical testwork programis due to commence shortly, with extensive representative samples now
collected from across the project, which have now received at the laboratory in Australia. The program includes
optical ore sorting with TOMRA and flotation optimisation with Core Resources.
3
Pricing of MetSpar is on a contract basis, and dependent on quality and CaF2 content. A 60-90% product has an
indicated price of US$400 to $520 per tonne dependent on quality and grade. AcidSpar, as a superior product,
is currently priced around US$560 per tonne (ChemAnalyst 2026).
The United States currently imports 100% of its fluorspar requirements and classifies fluorspar as a critical
mineral. The combination of high grades, low contaminant levels and Nevada location positions Quinn as a
potential future domestic supplier into strategic US industrial, chemical, defence and advanced manufacturing
markets.
Comparison to other deposits worldwide
Arsenic, lead (and base-metal) and uranium content in fluorspar vary considerably depending on deposit type
and the presence of associated minerals. As the source of fluorspar is commonly epithermal systems, many
deposits contain background levels of base-metals, arsenic and sulphur. At Las Cuevas, San Luis Potosí, Mexico
— the world's largest fluorite producer — arsenic is a recognised processing constraint, with concentrate
typically containing around 300 ppm arsenic (Alberto et al, 2023), while earlier deposit-scale sampling reported
arsenic concentrations ranging from below detection to over 2,000 ppm (Ruiz et al., 1980). Arsenic presents a
key risk in the contamination of soil and water at Las Cuevas (Godoy, 2025). Lead (Pb) presents at other major
global fluorspar operations: the Silius deposit in Sardinia, Italy, described as Europe's largest fluorite deposit,
hosts reserves grading 3.2% Pb (32,000 ppm) alongside 34.5% CaF2, reflecting its classification as a fluorite-
galena system (Cirinei, 2025). Processing of high lead ores requires a separate circuit to reduce risk in a co-
mingled product. Many Chinese fluorspar deposits are similarly hosted in systems containing pyrite and barite
alongside fluorite (Yang et al., 2026), consistent with the well-established association between arsenic, lead and
sulphide minerals in hydrothermal/epithermal systems (Boyle and Jonasson, 1973), though specific published
assay values for major Chinese fluorspar-producing deposits were not identified in the available literature.
Excessive pyrite and other sulphide minerals potentially increase the risk of acid mine drainage.
Uranium is also a recognised contaminant at some major fluorspar districts. The Lost Sheep property in the
Spor Mountain district (Ares Strategic Mining Ltd), Utah — a significant fluorspar-beryllium-uranium province —
fluorspar mineralisation has been reported to contain between 0.003-0.33% U (30-3,300 ppm), with grade
varying considerably across the project (Puritch et al., 2021).
By comparison, Horseshoe and Mammoth, as noted below, contain very low concentrations of base-metals,
arsenic, sulphur and radio-nuclides reducing the risk to the environment and the need for specialist circuits to
remove and contain deleterious elements.
4
Horseshoe Fluorspar – already meeting the requirements for MetSpar
The Company recently received multi-element assay results from 20 samples collected in February at Horseshoe.
The fluorspar content of these samples was announced on 15 April 2026 with a peak value of 82% CaF2 and an
average of all samples of 70.9% CaF2.
As noted in Table 1, the material in the Horseshoe Pit, sampled to date, already exceeds the minimum CaF₂
specification generally associated with MetSpar products and demonstrates potential for a Direct Shipping Ore
(DSO) style product, subject to further metallurgical, mining and economic studies. Simple lump / fine crushing,
with potential need for optical ore-sorting on lower grade zones, are all that is potentially required prior to sale
of this product.
To upgrade to an AcidSpar product the potential contaminants are also very low and achieve the minimum
standards even prior to upgrade. The only exception is arsenic, which whilst low for an epithermal system
averages 23ppm (versus 10-12ppm requirement). However, in absence of sulphur, carbonates are the likely a
sink for arsenic in epithermal environments (Bia et al, 2021), which can be removed in the upgrade procedure.
Therefore, an upgrade using ore-sorting and flotation, to remove silica and carbonates is the most likely path to
an AcidSpar Product (Rutledge & Anderson, 2010). Flotation is a well established simple technique.
With low-sulphur content, it is unlikely that stockpiles, mullock dumps or tailings will be acid producing,
reducing future environmental issues.
Table 1: Horseshoe multi-element test results of raw material (20 channel samples before test-work) versus requirements for MetSpar
and AcidSpar. Ca% (not attributed to CaF2) refers to calcium not accounted for in the fluorine stochiometric equation-this is most likely
calcium carbonates). Average results from 20 samples. PP = not specified requirement, but potential penalty.
Raw Horseshoe
(pre-processing)
MetSpar
Requirements
AcidSpar
Requirements
Horseshoe -
Raw ore material
for MetSpar
Horseshoe -
requirements to achieve
AcidSpar
CaF2% 70.9 >60% 97% PASS
Processing to upgrade
~70% to 97%
Ca %
(not attributed CaF2)
8.3 - PP PASS
CaCO3 monitored in
AcidSpar. To be supressed
in flotation
Pbppm 3.75 <5000 PP PASS PASS
Znppm 8.6 - PASS PASS
Cuppm 1 - - PASS PASS
Moppm 9.5 - - PASS PASS
As ppm 23.4 - <10-20 PASS
Low levelsin raw ore
material; unlikely to be a
factor once upgraded
Cdppm <0.5 - PP PASS PASS
Cr ppm 2.9 - PP PASS PASS
P ppm 407.5 - <100-550 PASS PASS
S ppm 130 <3000 <1000 PASS PASS
Th ppm <20 - - PASS PASS
U ppm <10 - - PASS PASS
Al2O3 % 0.39 - - PASS PASS
Fe2O3 % 0.39 - - PASS PASS
P2O5 % 0.09 - PP PASS PASS
SiO2 % 8.89 - <1.5 PASS
SiO2 to be supressed in
flotation
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Mammoth Fluorspar – low impurity fluorspar
The Company recently received multi-element assay results from 12 channel samples collected in February. The
fluorspar content of these samples was announced on 9 April 2026 with a peak value of 53.2% CaF2 and an
average of all samples of 40.8% CaF2.
Similarly to Horseshoe, results indicate very low deleterious elements and potential contaminants as noted in
Table 2. The carbonate content is also considerably lower at Mammoth compared to Horseshoe, though does
have a higher silica content. To upgrade to a Metspar product, the Company will pursue investigations into a
coarse crush / lump ore-sorting process to achieve around 20% mass reduction in silica content and bring the
product to >60%.
In order to achieve, an AcidSpar product, the upgrading procedure is likely to include ore-sorting and flotation
of fluorspar. Therefore, an upgrade using ore-sorting and flotation, to remove silica and carbonates is the most
likely path to an AcidSpar Product (Rutledge & Anderson, 2010). Flotation is a well-established simple technique.
With low-sulphur content, it is unlikely that stockpiles, mullock dumps or tailings will be acid producing,
reducing future environmental issues.
Table 2: Mammoth multi-element test results of raw material (average of 12 channel samples before test-work) versus requirements for
MetSpar and AcidSpar. Average results from 12 samples. Ca% (not attributed to CaF2) refers to calcium not accounted for in the fluorine
stochiometric equation-this is most likely calcium carbonates). PP = not specified requirement, but potential penalty.
Raw Mammoth
(pre processing)
MetSpar
Requirements
AcidSpar
Requirements
Mammoth -
Raw ore material
for MetSpar
Mammoth -
requirements to achieve
AcidSpar
CaF2% 40.8 >60% 97%
Processing to
upgrade from40%
to >60%
Processing to upgrade
~40% to 97%
Ca %
(not attributed CaF2)
2.0 - PP PASS
CaCO3 monitored in
AcidSpar. Can be
supressed in flotation
Pbppm 5.5 <5000 PP PASS PASS
Znppm 5.9 - PASS PASS
Cuppm 3 - - PASS PASS
Moppm 1.9 - - PASS PASS
As ppm <0.5 - <10-20 PASS PASS
Cdppm <0.5 - PP PASS PASS
Cr ppm 12.1 - PP PASS PASS
P ppm 142 - <100-550 PASS PASS
S ppm <100 <3000 <1000 PASS PASS
Th ppm <20 - - PASS PASS
U ppm 10 - - PASS PASS
Al2O3 % 1.01 - - PASS PASS
Fe2O3 % 0.57 - - PASS PASS
P2O5 % 0.03 - PP PASS PASS
SiO2 % 38.1 - <1.5 PASS
SiO2 to be supressed in
flotation
6
Figure 1: Quinn Fluorspar Project with, deposit locations, background geology and alteration map
(refer release dated 25 March 2026 for further information)
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NEXT PHASE METALLURGICAL PROGRAM
OD6 is advancing a staged metallurgical testwork program to validate and optimise processing flowsheets .
Existing data establishes a significant metallurgical foundation, potentially reducing the scope and cost of future
metallurgical programs required to support development studies at Quinn
Recent OD6 field programs have collected extensive metallurgical samples across multiple prospects at Quinn
ready for modern day metallurgical testing.
• Samples to be sent for optical ore sorting testwork with TOMRA (Germany)
o Upgrade feed grade prior to processing
o Reduce processing costs and plant size
o Assess reject/waste separation efficiency
o OD6 expects the TOMRA testwork to commence this quarter, with results to be available in
quarter 3
• Additional metallurgical flotation testwork with Core Resources (Australia)
o Flotation optimisation
o Dense media separation
o Grind size and reagent testing
o Product specification validation (Acidspar vs Metspar)
o OD6 expects the flotation testwork to commence this quarter, with results anticipated to be
available in in the second half of the year
• OD6 to apply for bulk sample permits across multiple areas to support advanced metallurgical testwork
o Provide representative material for pilot-scale testing
o Support flowsheet development
o Generate potential offtake samples for customers
References:
Bia, G., et al (2021). Arsenic in natural carbonates: the role of biogeochemical conditions in its solid speciation.
Chemical Geology. Vol. 583.
Boyle, R.W., & Jonasson, I.R., 1973. The geochemistry of arsenic and its use as an indicator element in
geochemical prospecting. Journal of Geochemical Exploration, 2(3), pp. 251–296.
Cirinei, S., 2025. Unlocking Silius' geological potential: reserves upgrading of Europe's largest fluorite deposit.
Presentation, Fluorine Forum 2025, Baveno, Italy, 22–24 October 2025. Mineraria Gerrei Srl.
ChemAnalyst (2026) Fluorspar Price Trend and Forecast for the quarter ending March 2026
https://www.chemanalyst.com/Pricing-data/fluorspar-1470
Godoy, E., (2025) Fluorite: Mexico is a key player in a lesser-known critical mineral. Fluoride Action Network.
https://fluoridealert.org/news/fluorite-mexico-is-a-key-player-in-a-lesser-known-critical-mineral/
Oregon Group (2024) https://theoregongroup.com/investment-insights/fluorspar-the-ev-critical-mineral-no-
one-has-heard-of/
8
Puritch, E., Sutcliffe, R.H., Brown, F.H., Salari, D.J., & Czarnowsky, A., 2021. Technical Report on the Lost Sheep
Fluorspar Property, Juab County, Utah, U.S.A. (NI 43-101 & 43-101F1). P&E Mining Consultants Inc., Report 402,
for Ares Strategic Mining Inc.
Ruiz, J., Kesler, S.E., Jones, L.M., & Sutter, J.F., 1980. Geology and geochemistry of the Las Cuevas fluorite deposit,
San Luis Potosi, Mexico. Economic Geology, 75(8), pp. 1200–1209.
Rutledge, J., & Anderson, C.G., (2015) Tannins in Mineral Processing and Extractive Metallurgy. Metals Vol. 5(3)
Skillen, A,, 1993 Fluorspar producers; Cracks in the Chinese wall?: Industrial Minerals, no. 307, April, p. 36-49.
Alberto, J, Garcia, J., Castillo, I.S.D, Robles, N.M. (2023) US Patent 11,639,302. Process for reducing the
concentration of arsenic in an aqueous solution comprising a fluoroacid.
Yang, T.Y., Shen, Y.L., Lu, L., Jin, J., Huang, W., Li, F.Y., Zhang, Y.F., Hu, J.C., & Zeng, L.J., 2026. Mineralogy and
geochemistry of the Xiaotunxiang fluorite deposit in Guizhou Province, SW China, and their geological
significance. Minerals, 16(3), 227.
Forward Looking Statements
Certain information in this document refers to the intentions of OD6 Metals, however these are not
intended to be forecasts, forward lookingstatements, or statements about the future matters for the
purposes of the Corporations Act or any other applicable law. Statements regarding plans with respect
to OD6 Metals projects are forward lookingstatements and can generally be identified by the use of
words such as ‘project’, ‘foresee’, ‘plan’, ‘expect’, ‘aim’, ‘intend’, ‘anticipate’, ‘believe’, ‘estimate’, ‘may’,
‘should’, ‘will’ or similar expressions. There can be no assurance that the OD6 Metals plans for its
projects will proceed as expectedand there can be no assurance of future events which are subject to
risk, uncertainties and other actions that may cause OD6 Metals actual results, performance, or
achievements to differ from those referred to in this document. While the information contained in
this document has been prepared in good faith, there can be given no assurance or guarantee that
the occurrence of these events referred to in the document will occur as contemplated. Accordingly,
to the maximum extent permitted by law, OD6 Metals and any of its affiliates and their directors,
officers, employees, agents and advisors disclaim any liability whether direct or indirect, express or
limited, contractual, tortuous, statutory or otherwise, in respect of, the accuracy, reliability or
completeness of the information in this document, or likelihood of fulfilment of any forward-looking
statement or any event or results expressed or implied in any forward-looking statement; and do not
make any representation or warranty, express or implied, as to the accuracy, reliability or
completeness of the information in this document, or likelihood of fulfilment of any forward-looking
statement or any event or results expressed or implied in any forward-looking statement; anddisclaim
all responsibility and liability for these forward-looking statements (including, without limitation,
liability for negligence).
9
Competent Persons Statements
The information in this ASX release that references chemical and metallurgical properties is as
reviewed by Mr Brett Hazelden (Managing Director and CEO) of OD6 Metals Ltd. Mr Hazelden is a
Member of the AusIMM has sufficient experience relevant to hydrometallurgical processes and
mineral processing to qualify as a Competent Person as defined by the JORC Code. Mr Hazelden owns
shares in the Company and participates in the Company’s employee securities incentive plan. Mr
Hazelden consents to the inclusion in this announcement of the matters based on his information in
the form and context in which it appears.
Information in this report relatingto sampling is based on information compiledby Dr Darren Holden
who is a Fellow of the Australasian Institute of Mining and Metallurgy. Dr Holden is an employee of
GeoSpy Pty Ltd and is a geological advisor to the Company and has sufficient experience which is
relevant to the style of mineralisation and type of deposit under consideration and to the activity
which he is undertaking to qualify as a Competent Person as defined by the 2012 Edition of the
Australasian Code for reporting of Exploration Results, Mineral Resources and Ore Reserves. Dr
Holden owns shares in the Company and participates in the Company’s employee securities incentive
plan. Dr Holden consents to the inclusion of the data in the form and context in which it appears.
No new information
Except where explicitly stated, this announcement contains references to prior exploration results, all
of which have been cross-referenced to previous market announcements made by the Company. The
Company confirms that it is not aware of any new information or data that materially affects the
information included in the relevant market announcements.
The information in this report relating to the Mineral Resourceestimatefor the Splinter Rock Project is
extracted from the Company’s ASX announcements dated 18 July 2024. OD6 confirms that it is not
aware of any new information or data that materially affects the information included in the original
announcement and that all material assumptions and technical parameters underpinning the Mineral
Resource estimate continue to apply.
This announcement has been authorised for release by the Board of OD6 Metals Limited
10
About OD6 Metals
OD6 Metals Ltd is an Australian critical minerals exploration and development company with projects spanning fluorspar,
rare earth elements and copper across the United States and Australia.
OD6 aims to position itself as an emerging supplier of strategically important critical minerals required for next-generation
industrial, defence and energy technologies.
Quinn Fluorspar Project – Nevada, USA
OD6 is advancing the Quinn Fluorspar Project located in Nevada, USA, one of the world’s premier mining jurisdictions and
currently ranked second globally in the Fraser Institute 2025 Mining Attractiveness Index.
Quinn hosts multiple high-grade fluorspar deposits including Horseshoe, Mammoth and Big Jim, with historical drilling,
channel sampling and testwork confirming significant high-grade mineralisation and potential for both Metspar and
premium Acidspar products.
Fluorspar is classified as a critical mineral in the United States, which currently imports 100% of all Fluorspar consumed
domestically with >60% of all global supply sourced from China. It is essential in hydrofluoric acid production, AI
semiconductor manufacturing, advanced battery technologies, uranium enrichment, defence systems and refrigerants.
Splinter Rock Rare Earth Project – Western Australia
OD6’s 100% owned Splinter Rock Rare Earth Project in Western Australia hosts one of Australia’s largest and highest-grade
clay-hosted rare earth deposits, with a Mineral Resource Estimate of:
• Indicated: 119Mt @ 1,632ppm TREO
• Inferred: 563Mt @ 1,275ppm TREO
OD6 is advancing an innovative processing flowsheet utilising heap leaching, nanofiltration and ion exchange technologies
designed to achieved ~75% Nd & Pr overall recovery plus produce a high-quality Mixed Rare Earth Carbonate/Hydroxide
product of ~56-59% TREO with low impurity levels
Gulf Creek Copper Project – New South Wales
OD6 is also advancing the Gulf Creek Copper-Zinc VMS Project in New South Wales, a historically high-grade copper mining
district with significant exploration upside.
Recent drilling and geophysical programs have confirmed high-grade copper mineralisation and identified multiple large-
scale exploration targets along more than 10km of prospective strike.
Corporate Directory
Managing Director
Non-Executive Chairman
Non-Executive Director
Financial Controller/ Joint Company Secretary
Joint Company Secretary
Technical Advisor to the Board
Contact
OD6 Metals Ltd
ACN 654 839 602
www.od6metals.com.au
Mail to: info@od6metals.com.au
Phone: +61 8 6189 8515
Level 1, 1 Alvan Street, Subiaco, WA 6008
Mr Brett Hazelden
Mr Piers Lewis
Dr Mitch Loan
Mr Troy Cavanagh
Mr Joel Ives
Dr Darren Holden
Investor Relations
Lucas Robinson
Corporate Storytime
lucas@corporatestorytime.com
Phone: +61 408 228 889
ASX Announcement
16 June 2026
ASX: OD6
11
Table 3: Sample results from Horseshoe Channel Sampling (refer press release dated 15 April 2026 for original release on CaF2 results)
SampleID CaF2 %
Pb
(ppm)
Zn
(ppm)
Cu
(ppm)
Mo
(ppm)
As
(ppm)
Ca
(ppm)
Cd
(ppm)
Cr
(ppm)
P
(ppm)
S
(ppm)
Th
(ppm)
U
(ppm)
Al2O3
%
Fe2O3 % P2O5 % SiO2 % Easting Northing
zQC260202 70.08 2 3 1 1 6 467000 -0.5 2 120 100 -20 -10 0.2456 0.143 0.0275 4.7062 615609 4220476
zQC260203 79.94 6 15 2 17 41 429000 -0.5 4 460 200 -20 10 0.7936 0.7863 0.1054 10.4821 615609 4220477
zQC260204 81.99 2 4 1 8 8 446000 -0.5 2 350 100 -20 10 0.6613 0.1573 0.0802 5.7758 615613 4220485
zQC260205 70.90 6 10 1 22 38 394000 -0.5 4 420 100 -20 -10 0.6235 0.8721 0.0962 16.8997 615613 4220486
zQC260206 70.28 3 4 1 7 16 405000 -0.5 3 390 100 -20 10 0.4913 0.3717 0.0894 16.8997 615613 4220487
zQC260207 74.19 6 6 1 10 18 398000 -0.5 5 670 100 -20 10 0.7747 0.5004 0.1535 17.1136 615614 4220488
zQC260208 72.95 6 13 1 18 29 425000 -0.5 3 450 100 -20 10 0.5668 0.6577 0.1031 11.7656 615614 4220489
zQC260209 70.49 9 16 1 15 43 375000 -0.5 5 710 100 -20 10 0.8692 1.0008 0.1627 17.7554 615615 4220490
zQC260210 71.10 4 4 1 14 5 496000 -0.5 3 150 100 -20 -10 0.2456 0.1573 0.0344 3.8506 615616 4220491
zQC260214 56.72 2 7 1 4 16 481000 -0.5 2 340 100 -20 -10 0.1134 0.2145 0.0779 3.4227 615623 4220503
zQC260215 67.82 3 9 -1 5 16 490000 -0.5 2 250 100 -20 10 0.1323 0.2002 0.0573 3.6366 615623 4220502
zQC260216 60.01 -2 3 -1 3 11 500000 -0.5 2 310 100 -20 10 0.1134 0.143 0.071 2.781 615624 4220501
zQC260217 66.38 4 8 1 5 36 498000 -0.5 2 410 200 -20 10 0.1701 0.3431 0.094 4.9202 615625 4220500
zQC260218 55.90 -2 3 1 2 10 475000 -0.5 1 240 100 -20 -10 0.1323 0.143 0.055 2.3531 615625 4220500
zQC260219 78.50 3 7 1 3 23 485000 -0.5 2 360 100 -20 -10 0.1134 0.2573 0.0825 4.4923 615626 4220499
zQC260220 79.73 7 17 2 12 55 441000 -0.5 5 770 200 -20 -10 0.3968 0.4861 0.1765 10.696 615627 4220498
zQC260221 77.27 4 11 2 7 34 457000 -0.5 2 390 200 -20 -10 0.1512 0.386 0.0894 4.2784 615628 4220498
zQC260222 71.51 5 13 1 20 27 409000 -0.5 3 590 200 -20 10 0.5102 0.4003 0.1352 12.6213 615628 4220497
zQC260223 71.72 4 15 2 12 28 436000 -0.5 3 540 200 -20 -10 0.6424 0.386 0.1237 10.696 615629 4220496
zQC260224 70.49 3 4 1 5 8 431000 -0.5 3 230 100 -20 10 0.2456 0.2859 0.0527 12.8352 615630 4220496
AVERAGE 70.90 3.75 8.6 1 9.5 23.4 446900 -0.5 2.9 407.5 130 -20 1 0.40 0.39 0.09 8.90
ASX Announcement
16 June 2026
ASX: OD6
12
Table 4: Sample results from Mammoth channel sampling (refer press release dated 7 April 2026 for original release on CaF2 results)
SampleID CaF2 %
Pb
(ppm)
Zn
(ppm)
Cu
(ppm)
Mo
(ppm)
As
(ppm)
Ca
(ppm)
Cd
(ppm)
Cr
(ppm)
P
(ppm)
S
(ppm)
Th
(ppm)
U
(ppm)
Al2O3
%
Fe2O3 % P2O5 % SiO2 % Easting Northing
zQC260238 26.41 3 5 2 1 5 137500 -0.5 13 110 100 -20 10 0.907 0.4861 0.0252 45.1371 617868 4223656
zQC260239 44.39 3 7 2 2 -5 240000 -0.5 11 70 100 -20 10 0.6235 0.5004 0.016 36.1525 617868 4223657
zQC260240 54.05 7 5 7 1 -5 308000 -0.5 7 90 100 -20 10 0.6802 0.4146 0.0206 29.0931 617868 4223658
zQC260241 48.29 5 8 4 1 -5 277000 -0.5 8 120 100 -20 -10 1.266 0.5004 0.0275 34.4411 617868 4223659
zQC260242 47.47 4 5 2 2 -5 265000 -0.5 10 170 100 -20 -10 0.6613 0.4861 0.039 31.6602 617868 4223660
zQC260243 47.27 3 2 2 3 -5 261000 -0.5 15 50 100 -20 -10 0.548 0.5004 0.0115 33.3715 617868 4223661
zQC260244 39.46 6 4 4 3 -5 219000 -0.5 15 90 -100 -20 10 0.907 0.4432 0.0206 38.0778 617868 4223662
zQC260245 39.05 6 7 4 4 -5 214000 -0.5 12 70 -100 -20 10 0.8125 0.5719 0.016 42.9979 617868 4223663
zQC260246 39.35 9 7 3 1 5 227000 -0.5 14 250 -100 -20 10 1.4171 0.6148 0.0573 38.9334 617868 4223664
zQC260247 36.58 10 6 3 2 12 216000 -0.5 12 250 100 -20 10 1.3982 0.8292 0.0573 38.5056 617868 4223665
zQC260248 34.42 7 10 2 1 11 199000 -0.5 13 270 -100 -20 10 1.8517 0.8578 0.0619 42.784 617868 4223666
zQC260249 32.98 4 5 1 2 -5 190000 -0.5 16 170 -100 -20 10 1.2093 0.6863 0.039 46.6346 617868 4223667
AVERAGE 40.81 5.58 5.91 3 1.91 -0.58 229458 -0.5 12.16 142.5 16.66 -20 5 1.02 0.57 0.03 38.15
ASX Announcement
16 June 2026
ASX: OD6
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JORC 2012 – Table 1: Quinn Fluorspar Project
Section 1 Sampling Techniques and Data
(Criteria listed in the preceding section also apply to this section)
Criteria JORC Code explanation Commentary
Sampling techniques • Nature and quality ofsampling (eg cut channels,
random chips, or specific specialised industry
standard measurement tools appropriate to the
minerals under investigation, such as down hole
gamma sondes, or handheld XRF instruments, etc).
These examples shouldnotbe takenas limitingthe
broad meaning of sampling.
• Include reference to measures taken to ensure
sample representivity and the appropriate
calibrationofany measurement tools or systems
used.
• Aspects ofthe determination ofmineralisation that
are Material to the Public Report.
• In cases where ‘industrystandard’ work has been
done this would be relatively simple (eg ‘reverse
circulationdrilling was used to obtain 1 m samples
from which 3 kgwas pulverised toproduce a 30 g
charge for fire assay’). In other cases more
explanationmay be required, such as where there
is coarse gold that has inherent sampling
problems. Unusual commodities or mineralisation
types (eg submarine nodules) may warrant
disclosure of detailed information
• Channel samples are chip-channels, where a line is
marked out and a representative sample is collected
with a geological hammer from1mintervals along the
line.
Drilling techniques • Drill type (eg core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic,
etc) and details (eg core diameter, triple or
standard tube, depth of diamond tails, face-
samplingbitor other type, whether core is oriented
and if so, by what method, etc).
• No drilling reported
Drill sample recovery • Method ofrecordingand assessing core and chip
sample recoveries and results assessed.
• Measures taken to maximise sample recovery and
ensure representative nature of the samples.
• Whether a relationship exists between sample
recovery and grade andwhether sample bias may
have occurred due to preferential loss/gain of
fine/coarse
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