Standout Grades and Thickness Confirmed at Centre Prospect
Released
Released
Announcement PDF
ASX Announcement
9 November 2023
ASX: OD6
Standout Grades, Thickness and Extent of
REE Mineralisation Confirmed at Centre Prospect
OD6 Metals Limited (OD6 or the Company) is pleased to report assay results
for Phase 3 drilling at its Splinter Rock clay hosted rare earth element (REE)
Project, located northeast of Esperance in Western Australia.
Highlights:
ā¢
Grades of up to 6,441 ppm Total Rare Earth Oxides (TREO) returned.
ā¢
Extensive clay thickness up to 77m at high grades.
ā¢
77% of holes returned grades >1,000ppm TREO
ā¢
Clay REE confirmed across a 14km by 5km zone at Centre Prospect.
ā¢
A thick high grade clay channel identified extensional to the southern end of the resource of
approximately 2km by 1km and up to 69m thick, returned grades of 1,400ppm to 2,200ppm TREO.
ā¢
High value Magnet Rare Earth Oxides (MREO) represent an impressive average of ~23% of TREO
ā¢
Real and substantial potential for Mineral Resource expansion based on these results.
ā¢
All assays using 4-acid soluble digestion (i.e. does not assay for resistate non-acid soluble REE minerals)
ā¢
The Phase 3 drill program received funding through the Western Australian Governmentās Exploration
Incentive Scheme Co-funded drilling program.
Significant high-grade clay-hosted rare earth intersections include (at >300ppm cut-off):
ā¢
58 metres at 2,060ppm TREO (21.8% MREO) from 21 metres (SRAC0356)
ā¢
77 metres at 1,429ppm TREO (22.5% MREO) from 18 metres (SRAC0357)
ā¢
69 metres at 1,457ppm TREO (25.6% MREO) from 15 metres (SRAC0358)
ā¢
66 metres at 1,519ppm TREO (21.0% MREO) from 21 metres (SRAC0359)
ā¢
52 metres at 1,467ppm TREO (29.6% MREO) from 21 metres (SRAC0333)
ā¢
42 metres at 1,609ppm TREO (21.4% MREO) from 18 metres (SRAC0470)
ā¢
41 metres at 1,611ppm TREO (26.4% MREO) from 6 metres (SRAC0298)
ā¢
43 metres at 1,425ppm TREO (23.4% MREO) from 12 metres (SRAC0300)
ā¢
24 metres at 2,379ppm TREO (25.5% MREO) from 18 metres (SRAC0303)
ā¢
30 metres at 1,806ppm TREO (27.5% MREO) from 42 metres (SRAC0321)
ā¢
34 meters at 1,465ppm TREO (23.2% MREO) from 36 metres (SRAC0469)
ā¢
43 meters at 1,425ppm TREO (21.8% MREO) from 12 metres (SRAC0300)
ā¢
31 meters at 1,339ppm TREO (22.6% MREO) from 21 metres (SRAC0328)
1
ā¢
30 meters at 1,309ppm TREO (22.5% MREO) from 21 metres (SRAC0351)
ā¢
24 meters at 1,810ppm TREO (21.5% MREO) from 48 metres (SRAC0340)
ā¢
21 meters at 1,672ppm TREO (24.0% MREO) from 15 metres (SRAC0297)
Brett Hazelden, Managing Director, commented:
āThese assay results are truly exceptional, surpassing our previous outstanding results.
The extent of the Centre
Prospect is simply massive, with some of Australiaās thickest high-grade clay hosted REE intercepts at up to 77m @
over 1,400ppm TREO, with several zones in excess of 2,000ppm TREO. The consistency of mineralisation across
such a vast 14 km by 5km zone highlights the quality and significance of our discovery.
Importantly, a deep, wide clay channel extensional to the southern end of the resource has returned grades in excess
of 1,400 ppm TREO. The volume and grades in this area alone create the strong potential for substantial resource
expansion. The geological team of internal and external experts will now start reviewing the current Splinter Rock
Mineral Resource Estimate with a view to update this early in the new year.ā
High Grade
Clay Hosted
REEs Over
Massive Area
Phase 3 Aircore drilling completed at the Splinter Rock project was designed to test localised
consistency of clay type, thickness and grades at the Centre and Prop Prospect areas (refer
Figure 1). A total of 145-holes for 7,435m were drilled at an approximate average depth of
51m and maximum depth of 104m at a 400m spacing interval.
Assay results covering all 67 holes at the Centre Prospect have been returned with 92%
encountering clays with rare earth concentrations >300ppm TREO and 77% of holes
intercepting rare earth concentrations >1,000ppm TREO.
Grades of up to 6,441 ppm TREO were observed in clays with thickness of up to 77m with a
high degree of consistency throughout. Phase 3 drilling confirmed clays across a 14km length
at Centre with widths between 4 to 5km (refer Figure 2 and 3). High value MREO represent an
average of ~23% of TREO grade.
Assay results strongly correlate with interpreted data from AEM, validating geological
modelling and exploration program design.
Drill assays at Splinter Rock were performed utilising the ALS 4-acid soluble digestion method
as opposed to the ALS Lithium Borate Fusion Digest method. Typically, the Fusion Digest
method returns results for all REE including resistate (refractory) non-acid soluble REE
minerals, thus inflating the overall TREO grade.
Previous work conducted by OD6 showed that utilising the fusion digest assay technique can
increase total grade by up to 30% over a 4-acid leach assay. This extra grade however is highly
unlikely to be recoverable in the proposed processing flowsheet.
The Phase 3 drill program received funding through the Western Australian Governments
Exploration Incentive Scheme Co-funded drilling program (refer ASX Announcement, 24 April
2023).
2
Figure 1: Splinter Rock Project completed drilling locations.
Figure 2: Splinter Rock Project, Centre Prospect Drilling Results. Showing max down hole assay, overlaid on the AEM Mid time
electromagnetic conductivity model. Orange and red areas are interpreted to indicate thicker clay zones, with blue, green and
yellow areas the granites. Refer to ASX Announcement, 15 December 2022).
3
Figure 3: 3D view towards North. Drill locations with intercepts >1000ppm TREO. The 3D rendering shows base of modelled saprolite
clay basin.
Real and
Substantial
Potential for
Resource
Expansion
The current Splinter Rock Maiden Inferred Mineral Resource Estimate stands at 344Mt @
1,308ppm TREO at 1,000ppm cut-off grade @ 22.8% MREO.
The Centre Prospect represents 149Mt @ 1,423ppm TREO at 1,000ppm cut-off grade @ 23.1%
MREO of the Splinter Rock MRE.
The black outline on Figure 4 represents the current extent of the Mineral Resource Estimate
(MRE) at the Centre Prospect (refer ASX Announcement, 18 July 2023, OD6 confirms that it is
not aware of any new information or data that materially affects the information included in
those releases. All material assumptions and technical parameters underpinning those
releases continues to apply and has not materially changed). This area takes in only 40km2
of the 136km2 total Prospect. Phase 3 drilling expanded into the broader area with new high
grade drill lines demonstrating a real and substantial potential for resource expansion.
Of particular note is a deep clay channel extensional to the southern end of the resource
āInside Centreā which is approximately 2,000m wide, 1,000m in length and up to 69m
thick at grades of in excess of 1,400 ppm TREO (refer Figures 4 and 5)
4
Figure 4: Splinter Rock Project, Inside Centre Prospect Drilling Results showing max down hole assay, overlaid on the AEM Mid time
electromagnetic conductivity model.
Figure 5: 3D view towards North zoomed into the Inside Centre zone. Drill locations with intercepts >1000ppm TREO of the Inside
Centre Zone. The 3D rendering shows base of modelled saprolite clay basins.
5
Figure 6: Splinter Rock Project, Centre South Prospect Drilling Results showing max down hole assay, overlaid on the AEM Mid time
electromagnetic conductivity model.
Figure 7: Splinter Rock Project, Centre North Prospect Drilling Results showing max down hole assay, overlaid on the AEM Mid time
electromagnetic conductivity model.
6
Splinter Rock
clay hosted
REE
mineralisation
Splinter Rock clay hosted REE mineralisation is currently thought to be a mobilised weathering
product of the REE enriched Booanya granite suite, which underlies the Project area. OD6 has
identified multiple prospect areas from drilling and geophysics that contribute to the Mineral
Resource Estimate, of which Prop is one of these prospects.
The Centre Prospect is large clay basin within an elevated tableland. Clays have potentially
pooled in this area from Booanya granites to the north and other granites to the south. The
Centre Prospect target area has been defined from OD6ās digital elevation model (DEM),
recent mid-time AEM preliminary imagery and CSIRO modelled historic AEM combined with
the results of existing drilling. Drilling indicates that REEs occur in thick clays of the prospect
that vary between 9m to 77m with TREO assay intercepts up to 2,379ppm.
A deep clay channel, known as āInside Centreā at the southern end of the resource is
approximately 1km wide and between 21 to 69m thick. This channel, as indicated by AEM
modelling and this Phase 3 drill program, extends for several kilometres to the northwest and
southeast. The Centre Prospect is overlain by a shallow transported cover and leached clays
of approximately 5m to 15m thickness above the rare earth clay host. The target area covers
136km2 and extends approximately 27km along its axis and between 5km and 10km wide.
Initial Metallurgical acid leach tests achieved 54% to 78% recovery of MagREE (average 62%)
77% of drill
holes
Table 1. Rare Earth Oxides Significant Intercepts >1,000ppm cut-off
grade TREO (ordered by TREO grade)
encountered
clay hosted
rare earths at
>1,000ppm
TREO
Hole ID
From
(m)
To
(m)
Interval
(m)
TREO
(ppm)
% Mag REO
(% of TREO)
% HREO
(% of TREO)
% CREO
(% of TREO)
SRAC0326
SRAC0339
SRAC0303
SRAC0318
SRAC0325
SRAC0313
SRAC0356
SRAC0470
SRAC0358
SRAC0323
SRAC0321
SRAC0324
SRAC0330
SRAC0321
SRAC0297
SRAC0340
SRAC0324
SRAC0355
SRAC0298
SRAC0357
SRAC0333
18
51
21
60
33
54
27
33
42
39
45
15
30
12
18
48
51
54
12
39
30
27
60
42
71
43
64
79
60
84
45
72
18
42
15
36
72
56
58
47
95
69
9
9
21
11
10
10
52
27
42
6
27
3
12
3
18
24
5
4
35
56
39
2905
2810
2674
2672
2623
2328
2230
2203
2003
1966
1963
1915
1889
1859
1851
1810
1780
1776
1770
1766
1757
22.0
26.9
25.5
32.3
28.4
22.7
22.0
17.2
25.2
25.6
25.0
24.6
19.1
22.8
23.6
21.5
25.9
11.6
26.0
22.4
29.2
9.2
12.3
10.9
9.4
10.0
10.5
5.5
8.9
8.3
14.0
12.4
9.4
9.1
9.8
13.6
8.9
10.4
3.6
12.7
7.2
24.2
23.5
29.4
26.8
32.1
28.8
23.2
20.1
21.1
25.1
29.2
28.6
24.7
21.1
23.6
27.2
21.9
26.3
10.9
29.1
22.0
36.9
7
SRAC0311
SRAC0335
SRAC0316
SRAC0322
SRAC0469
SRAC0353
SRAC0351
SRAC0300
SRAC0312
SRAC0307
SRAC0329
SRAC0359
SRAC0291
SRAC0355
SRAC0295
SRAC0328
SRAC0354
SRAC0300
SRAC0338
SRAC0315
SRAC0317
SRAC0341
SRAC0310
SRAC0302
SRAC0329
SRAC0322
SRAC0314
SRAC0331
SRAC0319
SRAC0294
SRAC0342
SRAC0327
SRAC0352
SRAC0326
SRAC0326
SRAC0337
SRAC0304
SRAC0351
SRAC0327
SRAC0335
SRAC0308
SRAC0341
SRAC0315
SRAC0335
39
36
33
42
42
39
33
39
36
18
15
24
24
42
21
24
42
12
27
36
48
42
36
24
54
12
27
30
39
36
54
12
45
36
45
42
33
24
30
24
15
57
54
48
60
42
48
57
69
52
51
55
55
27
30
87
33
45
23
48
64
33
39
45
55
48
50
36
61
15
41
42
70
43
57
15
48
39
48
63
39
27
48
27
27
60
63
51
21
6
15
15
27
13
18
16
19
9
15
63
9
3
2
24
22
21
12
9
7
6
14
12
7
3
14
12
31
7
3
3
3
3
3
21
6
3
18
3
12
3
9
3
1743
1661
1655
1645
1637
1633
1631
1581
1578
1576
1566
1562
1559
1549
1536
1515
1481
1460
1423
1384
1379
1373
1351
1351
1343
1339
1327
1318
1316
1271
1245
1221
1202
1190
1186
1181
1177
1174
1141
1104
1100
1055
1049
1025
17.1
22.5
23.9
22.0
23.0
23.4
25.0
26.9
25.2
22.2
19.8
21.0
23.9
6.9
26.3
22.1
21.4
18.7
26.1
19.9
13.2
34.5
25.8
25.5
19.4
23.0
22.4
22.4
24.1
27.6
18.4
24.0
26.3
27.6
24.0
24.1
24.1
17.3
22.7
25.6
24.1
21.1
23.0
24.8
6.7
16.0
6.4
6.1
10.4
7.4
9.4
20.6
14.0
9.0
12.3
6.1
10.5
2.4
5.6
11.3
8.8
8.0
12.9
7.4
2.7
8.9
15.7
11.3
8.9
10.6
10.2
10.1
8.1
10.1
3.4
8.3
14.9
7.1
8.2
15.6
11.0
7.6
10.4
14.6
13.0
6.9
6.6
20.6
16.1
27.5
21.8
20.8
24.4
22.4
25.2
35.0
28.8
23.0
23.6
19.8
25.3
6.7
23.8
24.5
22.2
21.3
28.3
20.0
10.8
32.0
30.4
27.6
20.6
24.3
24.0
23.8
23.5
27.9
16.0
23.8
29.9
24.8
23.3
28.5
26.0
17.7
24.0
28.6
27.2
20.6
21.0
32.7
8
Table 2. Rare Earth Oxides Significant Intercepts >300ppm cut-off grade
TREO (ordered by TREO grade)
Hole ID
From
(m)
To
(m)
Interval
(m)
TREO
(ppm)
% Mag REO
(% of TREO)
% HREO
(% of TREO)
% CREO
(% of TREO)
SRAC0303
SRAC0356
SRAC0339
SRAC0313
SRAC0325
SRAC0340
SRAC0321
SRAC0297
SRAC0298
SRAC0470
SRAC0311
SRAC0312
SRAC0318
SRAC0359
SRAC0333
SRAC0469
SRAC0358
SRAC0330
SRAC0357
SRAC0300
SRAC0328
SRAC0351
SRAC0329
SRAC0307
SRAC0294
SRAC0322
SRAC0326
SRAC0319
SRAC0353
SRAC0308
SRAC0302
SRAC0316
SRAC0317
SRAC0354
SRAC0314
SRAC0291
SRAC0329
SRAC0310
SRAC0337
SRAC0331
18
21
48
51
27
48
42
15
6
18
36
36
45
21
21
36
15
30
18
12
21
21
12
15
36
33
18
27
21
12
15
18
36
24
18
15
39
21
24
18
42
79
63
64
43
72
72
36
47
60
60
55
71
87
73
70
84
49
95
55
52
51
33
27
43
57
55
70
52
27
41
48
55
64
41
49
61
50
63
42
24
58
15
13
16
24
30
21
41
42
24
19
26
66
52
34
69
19
77
43
31
30
21
12
7
24
37
43
31
15
26
30
19
40
23
34
22
29
39
24
2379
2060
1910
1877
1842
1810
1806
1672
1611
1609
1582
1578
1569
1519
1467
1465
1457
1455
1429
1425
1339
1309
1277
1272
1271
1258
1241
1087
1060
1058
1043
1013
1005
1000
975
970
915
914
901
898
24.9
21.9
26.2
22.2
25.2
21.5
24.3
24.0
25.7
19.3
17.3
25.2
25.2
21.1
27.6
23.2
23.1
20.8
21.8
21.8
22.6
22.5
20.2
21.6
27.6
22.4
23.5
23.7
22.2
24.1
23.1
21.8
20.5
22.5
22.0
23.1
26.6
23.5
23.0
22.0
10.9
5.6
12.3
10.5
9.9
8.9
12.4
13.6
12.5
8.8
6.7
14.0
8.5
6.2
23.2
10.2
8.2
10.0
7.2
13.7
11.9
9.1
12.1
9.1
10.1
6.1
8.8
8.1
7.6
12.5
10.6
6.6
4.5
9.4
10.4
11.9
10.1
14.2
13.7
10.1
26.7
20.2
29.2
23.1
27.8
21.9
28.4
27.2
28.8
21.3
16.2
28.8
28.6
19.8
35.9
24.3
24.2
22.4
21.8
27.1
25.0
23.6
23.6
23.0
27.9
20.8
23.6
23.3
21.9
26.8
25.8
21.4
16.7
22.8
23.9
26.2
25.8
28.4
26.5
23.6
9
SRAC0338
SRAC0301
SRAC0315
SRAC0341
SRAC0324
SRAC0327
SRAC0323
SRAC0342
SRAC0335
SRAC0322
SRAC0304
SRAC0334
SRAC0355
SRAC0306
SRAC0295
SRAC0324
SRAC0352
SRAC0321
SRAC0343
SRAC0330
SRAC0439
SRAC0332
SRAC0334
SRAC0339
SRAC0320
SRAC0336
SRAC0344
SRAC0343
SRAC0342
SRAC0311
SRAC0345
SRAC0309
SRAC0340
SRAC0340
SRAC0313
SRAC0355
SRAC0317
SRAC0312
SRAC0294
SRAC0325
SRAC0319
SRAC0336
SRAC0341
SRAC0318
21
21
18
24
36
12
15
51
9
12
12
54
18
27
12
15
21
12
9
15
12
21
24
24
12
21
21
21
21
21
24
24
39
24
18
0
18
18
18
15
15
69
12
21
56
36
63
74
56
60
45
60
60
27
39
57
58
48
23
30
63
36
15
24
53
48
36
36
40
63
67
45
36
24
69
28
42
33
30
3
24
30
21
21
21
72
18
24
35
15
45
50
20
48
30
9
51
15
27
3
40
21
11
15
42
24
6
9
41
27
12
12
28
42
46
24
15
3
45
4
3
9
12
3
6
12
3
6
6
3
6
3
888
879
834
811
779
778
764
761
758
730
725
717
713
699
686
671
619
604
596
568
561
537
535
529
524
519
504
476
462
449
421
407
399
387
383
380
373
372
368
353
352
339
327
324
23.8
19.5
20.5
26.4
11.6
23.0
20.7
17.6
21.7
19.6
22.4
17.6
15.8
27.5
21.1
20.0
22.1
22.4
22.5
23.3
19.1
23.2
17.5
20.2
22.3
23.9
21.4
21.6
23.7
21.7
23.6
19.0
31.8
24.2
19.2
21.7
17.2
21.2
15.4
23.4
24.0
20.6
20.9
20.9
11.1
6.8
7.2
8.6
7.8
10.7
12.6
4.3
16.0
10.1
9.4
4.2
5.0
14.4
8.0
10.2
11.9
10.8
12.4
10.1
8.1
12.7
7.3
8.1
13.4
11.1
10.2
9.2
9.1
10.0
13.6
9.5
11.9
9.4
9.4
11.0
8.4
12.4
7.0
16.5
9.4
7.3
10.4
8.2
25.5
19.1
19.9
26.5
18.5
24.3
26.0
16.1
27.2
21.7
23.7
15.6
13.6
30.6
22.5
23.1
24.8
23.8
25.6
23.9
20.1
26.5
16.8
20.6
25.6
25.5
23.0
22.2
24.0
22.7
26.9
20.2
31.2
24.4
20.3
23.6
18.3
23.7
16.0
29.3
23.8
20.2
22.6
20.8
10
SRAC0359
SRAC0330
SRAC0309
0
0
3
3
3
6
3
3
3
317
316
308
25.0
19.4
20.0
14.5
11.3
17.4
28.7
22.0
27.2
Note:
TREO (Total Rare Earth Oxide) = La2O3 + CeO2 + Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7
+ Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 + Lu2O3 + Y2O3
Mag REO (Magnet Rare Earth Oxide) = Nd2O3 + Pr6O11 + Tb4O7 + Dy2O3
HREO (Heavy Rare Earth Oxide) = Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 + Tm2O3 + Yb2O3 +
Lu2O3 + Y2O3
CREO (Critical Rare Earth Oxide) = Nd2O3 + Eu2O3 + Tb4O7 + Dy2O3 + Y2O3
% Mag REO = (Mag REO / TREO) *100
% Heavy REO = (Heavy REO / TREO) *100
% Critical REO = (Critical REO / TREO) *100
Program
ā¢
A New CSIRO interpretation of the AEM data is being undertaken
timeline
ā¢
Metallurgical recovery and acid consumption results for new metallurgical samples are
expected during Q4 2023
ā¢
Metallurgical testing and mineralogy assessments at ANSTO expected to be available
during Q4 2023
ā¢
A review and potential upgrade of the Mineral Resource Estimate is expected during Q1
2024.
11
Competent Persons Statement
Information in this report relating to Exploration Results is based on information reviewed by Jeremy Peters, who is a Fellow
of the Australasian Institute of Mining and Metallurgy and a Chartered Professional Geologist and Mining Engineer of that
organisation. Mr Peters is an independent consultant of Burnt Shirt Pty Ltd 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. Mr Peters 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.
Forward Looking Statements
Certain information in this document refers to the intentions of OD6 Metals, however these are not intended to be forecasts,
forward looking statements, 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 looking statements and can
generally be identified by the use of words such as āprojectā, āforeseeā, āplanā, āexpectā, āaimā, āintendā, āanticipateā, ābelieveā,
āestimateā, āmayā, āshouldā, āwillā or similar expressions. There can be no assurance that the OD6 Metals plans for its projects
will proceed as expected and 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; and disclaim all responsibility and liability for these
forward-looking statements (including, without limitation, liability for negligence).
This announcement has been authorised for release by the Board of OD6 Metals Limited
12
About OD6 Metals
OD6 Metals is an Australian public company pursuing
exploration and development opportunities within the critical
mineral sector. The Company has successfully identified clay
hosted rare earths at its 100% owned Splinter Rock and Grass
Patch Projects, which are located in the Esperance-Goldfields
region of Western Australia - about 30 to 150km northeast of
the major port and town of Esperance.
Drilling and geological analysis at its flagship Splinter Rock has
shown widespread, thick, high-grade clay hosted REE deposits
that extend over hundreds of square kilometres. Metallurgical
testing using hydrochloric acid to leach the rare earths have
resulted in positive REE recoveries with optimisation ongoing.
The Company aims to delineate and define economic resources and reserves of Rare Earth Elements (REE), in
particular Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy) and Terbium (Tb), which can be developed into a
future revenue generating mine. Clay REE deposits are currently economically extracted in China, which is the
dominant world producer of REEs.
REE are becoming increasingly important in the global economy, with uses including advanced electronics and
permanent magnets in electric motors. As an example, a neodymium magnet used in a wind turbine or electric
vehicle motor is 18 times stronger than a standard ferrite magnet significantly increasing energy use efficiency.
As part of the exploration process the Company has entered into heritage agreements with Esperance Tjaltrjraak Native
Title Aboriginal Corporation and the Ngadju Native Title Aboriginal Corporation that serves to both enable exploration and
protect important cultural sites on Country.
Corporate Directory
Managing Director
Mr Brett Hazelden
Non-Executive Chairman
Dr Darren Holden
Non-Executive Director
Mr Piers Lewis
Non-Executive Director
Dr Mitch Loan
Financial Controller/ Joint Company Secretary
Mr Troy Cavanagh
Joint Company Secretary
Mr Joel Ives
Exploration Manager
Tim Jones
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, 50 Kings Park Road, West Perth, WA 6005
PO Box 277, North Beach, WA 6920
PO Box 2009, Esperance, WA 6450
13
Table 3. Rare Earth Oxides āREOā: all significant intercepts >300ppm TREO with
āIncl.ā indicating zones >1,000ppm TREO
Hole ID
From (m)
To
(m)
Interval
(m)
TREO
(ppm)
HREO
(ppm)
CREO
(ppm)
Mag
REO
(ppm)
Nd+Pr
REO
(ppm)
Sc2O3
(ppm)
SRAC0291
Inc.
SRAC0294
SRAC0294
Inc.
SRAC0295
Inc.
SRAC0297
Inc.
SRAC0298
Inc.
SRAC0300
Inc.
Inc.
SRAC0301
Inc.
SRAC0302
Inc.
SRAC0303
Inc.
SRAC0304
Inc.
SRAC0306
SRAC0307
Inc.
SRAC0308
Inc.
SRAC0309
SRAC0309
SRAC0310
Inc.
SRAC0311
SRAC0311
Inc.
SRAC0312
SRAC0312
Inc.
SRAC0313
SRAC0313
Inc.
SRAC0314
15
24
18
36
36
12
21
15
18
6
12
12
12
39
21
21
15
24
18
21
12
33
27
15
18
12
15
3
24
21
36
21
36
39
18
36
36
18
51
54
18
49
33
21
43
43
23
23
36
36
47
47
55
33
55
36
30
41
36
42
42
39
39
48
27
27
27
27
6
28
50
50
24
60
60
30
55
55
30
64
64
41
34
9
3
7
7
11
2
21
18
41
35
43
21
16
15
9
26
12
24
21
27
6
21
12
9
15
12
3
4
29
14
3
24
21
12
19
19
12
13
10
23
970
1559
368
1271
1271
686
1536
1672
1851
1611
1770
1425
1460
1581
879
1012
1043
1351
2379
2674
725
1177
699
1272
1576
1058
1100
308
407
914
1351
449
1582
1743
372
1578
1578
383
1877
2328
975
115.5
164.1
25.9
128.8
128.8
54.5
85.4
226.7
252.0
201.7
225.3
195.1
117.5
325.8
59.5
56.8
110.6
153.2
258.9
292.4
67.8
129.1
100.8
116.4
141.5
132.0
143.4
53.4
38.5
129.7
211.5
45.0
106.4
116.0
46.2
220.6
220.6
36.0
196.8
245.6
101.1
254.1
395.1
59.0
355.1
355.1
154.4
364.9
455.4
502.9
464.0
514.8
386.7
310.9
553.5
167.7
179.6
268.8
372.8
636.1
717.9
171.5
306.3
214.0
292.1
362.6
283.6
299.0
83.8
82.2
259.6
410.1
101.7
256.4
280.5
88.1
455.1
455.1
77.6
434.0
540.5
233.0
226.9
365.9
56.8
351.6
351.6
155.2
404.1
396.9
436.9
425.4
469.8
333.9
313.5
423.5
169.1
188.3
254.6
353.6
607.0
684.5
165.4
283.9
191.3
282.5
353.1
255.1
265.3
61.6
77.2
226.6
348.9
97.4
243.1
265.5
79.3
398.8
398.8
73.8
400.4
497.2
218.0
212.9
344.7
53.5
336.0
336.0
147.7
391.1
369.1
406.2
399.9
441.4
310.5
296.8
387.5
162.0
181.2
240.4
333.7
570.1
642.8
157.0
267.4
177.1
267.4
334.7
237.9
246.9
55.3
72.0
209.8
322.0
91.1
231.3
252.7
73.1
371.2
371.2
69.0
375.3
466.0
205.3
25.1
29.9
11.8
7.8
7.8
18.0
18.3
39.5
44.4
39.5
42.3
19.4
20.0
14.1
8.7
9.6
9.3
8.8
12.4
12.9
8.7
15.2
9.6
21.8
22.3
19.4
21.7
21.2
12.9
21.4
26.5
20.4
10.9
10.4
20.1
9.7
9.7
15.4
10.9
11.6
13.7
14
Hole ID
From (m)
To
(m)
Interval
(m)
TREO
(ppm)
HREO
(ppm)
CREO
(ppm)
Mag
REO
(ppm)
Nd+Pr
REO
(ppm)
Sc2O3
(ppm)
Inc.
SRAC0315
Inc.
Inc.
SRAC0316
Inc.
SRAC0317
SRAC0317
Inc.
SRAC0318
SRAC0318
Inc.
SRAC0319
SRAC0319
Inc.
SRAC0320
SRAC0321
SRAC0321
Inc.
Inc.
SRAC0322
SRAC0322
Inc.
Inc.
SRAC0323
Inc.
SRAC0324
SRAC0324
Inc.
Inc.
SRAC0325
SRAC0325
Inc.
SRAC0326
Inc.
Inc.
Inc.
SRAC0327
Inc.
Inc.
SRAC0328
Inc.
SRAC0329
SRAC0329
27
18
36
54
18
33
18
36
48
21
45
60
15
27
39
12
12
42
12
45
12
33
12
42
15
39
15
36
15
51
15
27
33
18
18
36
45
12
12
30
21
24
12
39
41
63
45
63
48
48
24
55
55
24
71
71
21
70
70
40
36
72
15
72
27
57
15
57
45
45
30
56
18
56
21
43
43
55
27
39
48
60
15
48
52
48
33
61
14
45
9
9
30
15
6
19
7
3
26
11
6
43
31
28
24
30
3
27
15
24
3
15
30
6
15
20
3
5
6
16
10
37
9
3
3
48
3
18
31
24
21
22
1327
834
1384
1049
1013
1655
373
1005
1379
324
1569
2672
352
1087
1316
524
604
1806
1859
1963
730
1258
1339
1645
764
1966
671
779
1915
1780
353
1842
2623
1241
2905
1190
1186
778
1221
1141
1339
1515
1277
915
135.7
60.1
101.8
69.3
67.4
105.4
31.3
44.9
37.5
26.6
133.7
252.1
33.0
87.9
106.2
70.1
65.0
224.1
182.4
243.7
73.6
76.7
141.3
100.9
96.3
275.0
68.2
60.9
179.3
185.6
58.3
182.6
263.1
108.7
266.3
83.9
97.7
83.3
101.5
118.7
159.5
171.9
154.1
92.3
318.6
165.9
276.6
220.3
217.1
360.3
68.5
167.5
149.3
67.3
448.3
856.5
83.7
253.1
309.1
134.2
143.6
513.7
439.4
561.2
158.7
261.3
325.2
342.1
198.8
573.7
154.8
143.7
472.9
469.0
103.4
511.8
754.2
292.4
682.0
294.6
275.7
189.4
290.8
273.8
334.9
371.2
301.2
236.3
298.9
172.9
283.4
239.4
236.3
396.5
64.6
187.3
171.3
67.5
478.8
916.8
84.6
258.4
315.5
114.3
136.4
497.0
423.2
544.0
146.9
279.4
307.2
362.7
175.5
502.8
144.0
137.6
471.0
459.1
82.6
512.0
757.7
291.3
657.9
328.4
285.0
176.6
293.3
259.7
300.3
337.0
254.5
231.9
281.8
165.5
271.5
230.9
228.1
383.8
60.5
181.2
165.9
63.7
461.2
883.7
80.1
247.5
302.4
106.2
128.0
468.4
400.2
512.8
137.7
269.9
289.7
350.5
163.8
469.7
135.3
129.5
444.8
434.1
75.7
490.2
726.5
277.4
624.8
316.8
271.1
166.0
278.7
243.5
280.4
315.5
237.3
221.0
12.7
10.7
8.8
12.2
19.0
20.2
17.2
13.6
11.7
16.0
14.1
12.4
17.6
9.7
10.1
10.9
14.5
7.6
18.7
7.8
16.1
12.1
13.7
11.8
13.2
15.6
9.5
9.2
17.3
8.6
9.7
10.1
9.9
13.2
28.8
7.7
10.1
9.5
27.5
10.9
32.1
31.3
15.3
6.8
15
Hole ID
From (m)
To
(m)
Interval
(m)
TREO
(ppm)
HREO
(ppm)
CREO
(ppm)
Mag
REO
(ppm)
Nd+Pr
REO
(ppm)
Sc2O3
(ppm)
Inc.
Inc.
SRAC0330
SRAC0330
SRAC0330
Inc.
SRAC0331
Inc.
SRAC0332
SRAC0333
Inc.
SRAC0334
SRAC0334
SRAC0335
Inc.
Inc.
Inc.
SRAC0336
SRAC0336
SRAC0337
Inc.
SRAC0338
Inc.
SRAC0339
SRAC0339
Inc.
SRAC0340
SRAC0340
SRAC0340
Inc.
SRAC0341
SRAC0341
Inc.
Inc.
SRAC0342
SRAC0342
Inc.
SRAC0343
SRAC0343
SRAC0344
SRAC0345
SRAC0351
Inc.
Inc.
15
54
0
15
30
30
18
30
21
21
30
24
54
9
24
36
48
21
69
24
42
21
27
24
48
51
24
39
48
48
12
24
42
57
21
51
54
9
21
21
24
21
24
33
30
61
3
24
49
42
42
42
48
73
69
36
57
60
27
42
51
63
72
63
63
56
39
36
63
60
33
42
72
72
18
74
48
60
36
60
57
15
45
67
69
51
27
51
15
7
3
9
19
12
24
12
27
52
39
12
3
51
3
6
3
42
3
39
21
35
12
12
15
9
9
3
24
24
6
50
6
3
15
9
3
6
24
46
45
30
3
18
1566
1343
316
568
1455
1889
898
1318
537
1467
1757
535
717
758
1104
1661
1025
519
339
901
1181
888
1423
529
1910
2810
387
399
1810
1810
327
811
1373
1055
462
761
1245
596
476
504
421
1309
1174
1631
192.5
120.1
35.7
57.6
145.0
172.4
90.9
133.2
68.0
340.3
424.9
38.9
29.8
121.1
160.8
266.4
211.4
57.4
24.6
123.9
184.4
98.7
184.0
43.0
234.4
346.1
36.4
47.5
160.2
160.2
34.1
69.7
122.6
72.3
42.0
32.9
42.7
73.7
44.0
51.4
57.5
119.1
89.0
153.1
369.8
276.7
69.7
135.8
325.9
398.2
212.1
314.3
142.0
526.7
648.1
89.9
111.8
206.5
315.2
456.1
335.6
132.1
68.5
238.4
336.4
226.4
402.9
108.9
557.8
827.1
94.6
124.6
396.4
396.4
73.9
214.9
439.2
217.4
110.7
122.2
199.3
152.5
105.9
116.0
113.4
308.3
207.8
410.5
308.8
259.0
61.5
132.7
301.5
374.2
200.2
295.0
126.7
433.8
532.8
86.7
126.5
167.9
282.1
372.0
254.3
124.7
69.9
211.5
286.7
218.3
376.4
106.1
522.4
776.8
93.5
127.1
378.4
378.4
68.5
222.5
477.6
223.0
109.4
136.0
229.4
136.3
102.8
108.7
99.8
310.1
203.1
415.5
287.6
246.0
57.6
124.7
282.4
350.4
187.1
276.6
118.2
381.2
466.2
81.7
122.4
152.7
259.0
336.8
230.2
118.3
67.2
194.2
261.3
205.7
353.1
100.5
491.2
730.2
88.5
118.3
359.8
359.8
64.2
212.8
458.6
214.1
103.6
132.0
224.0
127.0
96.9
102.3
91.9
292.4
192.0
392.0
16.6
8.9
15.3
26.9
9.6
10.5
21.7
25.5
18.8
9.2
8.4
13.2
13.8
13.7
15.3
16.3
10.4
9.9
6.7
39.4
55.3
19.5
26.6
10.4
24.9
27.9
13.5
42.9
10.8
10.8
17.2
9.5
8.1
10.0
13.1
19.6
20.9
18.9
14.2
12.2
25.2
13.7
12.1
14.1
16
Hole ID
From (m)
To
(m)
Interval
(m)
TREO
(ppm)
HREO
(ppm)
CREO
(ppm)
Mag
REO
(ppm)
Nd+Pr
REO
(ppm)
Sc2O3
(ppm)
SRAC0352
Inc.
SRAC0353
Inc.
SRAC0354
Inc.
SRAC0355
SRAC0355
Inc.
Inc.
SRAC0356
Inc.
SRAC0357
Inc.
SRAC0358
Inc.
SRAC0359
SRAC0359
Inc.
SRAC0439
SRAC0469
Inc.
SRAC0470
Inc.
21
45
21
39
24
42
0
18
42
54
21
27
18
39
15
42
0
21
24
12
36
42
18
33
63
48
52
52
64
64
3
58
45
58
79
79
95
95
84
84
3
87
87
53
70
69
60
60
42
3
31
13
40
22
3
40
3
4
58
52
77
56
69
42
3
66
63
41
34
27
42
27
619
1202
1060
1633
1000
1481
380
713
1549
1776
2060
2230
1429
1766
1457
2003
317
1519
1562
561
1465
1637
1609
2203
73.8
179.6
81.1
120.6
93.9
129.7
41.7
35.8
37.3
64.5
115.0
122.3
103.4
126.9
119.7
166.6
46.1
94.0
95.9
45.3
148.8
170.2
142.4
197.1
153.4
358.8
232.7
365.5
228.0
328.3
89.9
96.8
103.9
193.4
415.2
448.3
311.6
387.7
353.0
503.6
91.1
301.3
309.4
113.0
355.6
399.3
342.4
463.7
139.3
316.5
240.2
383.8
218.8
317.7
82.4
100.5
106.7
204.8
449.4
486.8
321.9
402.1
373.1
536.6
79.4
318.8
327.8
109.3
337.4
375.3
344.2
465.8
130.6
295.7
230.5
369.4
208.1
303.9
77.5
96.1
102.2
196.6
435.3
471.8
309.2
386.5
357.0
514.0
74.1
306.9
315.6
103.7
321.3
357.0
326.6
441.5
9.5
7.2
11.8
11.6
11.0
11.5
11.8
13.2
13.8
9.7
25.3
25.9
10.4
10.0
9.1
7.4
12.0
12.5
12.2
9.7
10.9
10.3
16.2
15.4
Note:
TREO (Total Rare Earth Oxide) = La2O3 + CeO2 + Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 +
Er2O3 + Tm2O3 + Yb2O3 + Lu2O3 + Y2O3
Mag REO (Magnet Ra
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