USA FLUORSPAR ACQUISITION PRESENTATION
Released
Released
Announcement PDF
ASX:OD6
Quinn Fluorspar
Project Acquisition
A Strategic US Critical Mineral Opportunity
March 2026
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IMPORTANT INFORMATION
Disclaimer
This presentation has been prepared by OD6 Metals Ltd (ACN 654 839 602) (OD6) and is current as at
the date of this document. The information contained in this presentation is for informational purposes
only and does not constitute an offer to issue, or arrange to issue, securities or other financial products.
The information contained in this presentation is not investment or financial product advice and is not
intended to be used as the basis for making an investment decision. The presentation has been
prepared without considering the investment objectives, financial situation or needs of any particular
person. Before making an investment decision, you should consider, with or without the assistance of a
financial adviser, whether an investment is appropriate considering your particular investment needs,
objectives and financial circumstances. Past performance is no guarantee of future performance. Any
securities that may be issued by OD6 should be considered speculative and there is no guarantee
implied or explicit that there will be a return on the capital invested or that any dividend will be paid or
that there will be an increase in the price or value of OD6âs shares in the future.
No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness
or correctness of the information, opinions and conclusions contained in this presentation. To the
maximum extent permitted by law, none of OD6, its directors, employees or agents, nor any other
person accepts any liability, including, without limitation, any liability arising out of fault of negligence,
for any loss arising from the use of the information contained in this presentation. In particular, no
representation or warranty, express or implied is given as to the accuracy, completeness or
correctness, likelihood of achievement or reasonableness or any forecasts, prospects or returns
contained in this presentation nor is any obligation assumed to update such information. Such
forecasts, prospects or returns are by their nature subject to significant uncertainties and
contingencies.
No New Information
This document contains information extracted from ASX market announcements reported in
accordance with the 2012 edition of the âAustralasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reservesâ (2012 JORC Code) and available for viewing at
https://www.od6metals.com.au/investors/asx-announcements/. OD6 confirms that it is not aware of
any new information or data that materially affects the information included in any original ASX market
announcement.
Forward Looking Statements
Certain statements contained in this presentation, including information as to the future financial or
operating performance of OD6 and its projects, are forward looking statements. Such forward looking
statements:
⢠may include, among other things, statements regarding incomplete and uncertain proposals or
targets, production and prices, operating costs and results, capital expenditures, and are or may
be based on assumptions and estimates related to future technical, economic, market, political,
social and other conditions;
⢠are necessarily based upon several estimates and assumptions that, while considered
reasonable by OD6, are inherently subject to significant technical, business, economic,
competitive, political and social uncertainties and contingencies; and
⢠involve known and unknown risks and uncertainties that could cause actual events or results to
differ materially from estimated or anticipated events or results reflected in such forward-
looking statements.
OD6 disclaims any intent or obligation to update publicly any forward-looking statements, whether as
a result of new information, future events or results or otherwise. The words âbelieveâ, âexpectâ,
âanticipateâ, âindicateâ, âcontemplateâ, âtargetâ, âplanâ, âintendsâ, âcontinueâ, âbudgetâ,
âestimateâ, âmayâ, âwillâ, âscheduleâ and similar expressions identify forward looking statements.
All forward looking statements made in this presentation are qualified by the foregoing cautionary
statements. Recipients are cautioned that forward looking statements are not guarantees of future
performance and accordingly investors are cautioned not to put undue reliance on forward looking
statements due to the inherent uncertainty therein.
No representation is made that, in relation to the tenements the subject of this presentation, OD6 has
now or will at any time in the future develop further resources or reserves within the meaning of the
Australian Code for Reporting of Exploration Results, Mineral resources and Ore Reserves (The JORC
Code).
Competent Persons Statement
Information in this presentation relating to Exploration Results for the Quinn Fluorspar Project is
based on information reviewed by Dr Darren Holden who is a Fellow of the Australasian Institute of
Mining and Metallurgy (Competent Person). All Exploration Results in this presentation are historic in
nature and the Competent Person has not independently verified the historical data.
Dr Holden is an employee of GeoSpy Pty Ltd and is 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 Companyâs
employee securities incentive plan. Dr Holden consents to the inclusion of the data in the form and
context in which it appears.
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⢠Located in Nevada: Tier-1 US mining jurisdiction
⢠Essential role in AI semi-conductor chips, batteries,
nuclear power, aerospace and defense.
⢠High-Grade Epithermal fluorspar (CaF2) at a district scale
⢠Historic grades up to 94% CaFâ in rock samples and
45% CaFâ in channel samples
⢠Critical Mineral Listed â US, EU, Canada, Australia, Japan
⢠US 100% import reliant â last major production in 1990s
⢠Quinnâs targeting US market with ~400ktpa demand
⢠TVN Case Study at ~$1B market cap supplying Asia
⢠Acquisition structure with low upfront risk and cost
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QUINN FLUORSPAR
PROJECT, NEVADA USA
Refer ASX announcement 4 March 2026 for information sources
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MAMMOTH (HISTORIC WORK)
⢠~9,000 m2 mapped zone of high-grade fluorspar
⢠Historic grades of 35 to 80% CaF2
⢠Interpreted to be 30 to 60m wide extending to depth
HORSESHOE (HISTORIC PRODUCTION)
⢠~3,000 m2 mapped zone of high-grade fluorspar
⢠Historic grades or 44 to 71% CaF2
⢠Estimated 30m thickness extending under shallow
limestone cover
OTHER PROSPECTS (HISTORIC WORK)
⢠Spar Mine - 6.1m @ 78% CaF2 in a channel sample
⢠Big Jim â 74 to 94% CaF2 in massive fluorspar vein
⢠~70,000 m2 Lithocap drill target for Fluorspar
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HISTORIC HIGHLIGHTS
Fluorspar fluoresces purple under UV light.
Calcite fluoresces orange/red
District scale, ultra high-grade Fluorspar system with
multiple Prospects and Pathways to Resource Growth
Refer ASX announcement 4 March 2026 for information sources
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A US$2-3 Billion Acidspar Market
⢠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
⢠>97% CaF2 concentrate known as Acidspar
⢠60â96% CaF2 product known as Metspar
⢠Fluorspar is generally sold as a mineral product
https://en.wikipedia.org/wiki/Fluorite#/media/File:3192M-fluorite1.jpg
Fluorspar comes in many different
colours including white, green, purple
ABOUT FLUORSPAR
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Future Facing Products
ESSENTIAL USES
⢠Fluorspar is essential in:
⢠AI semi-conductor chip etching
⢠Advanced battery technologies
⢠Nuclear fuel processing
⢠Defense
⢠Hydrofluoric acid production
⢠Steel and Aluminium production
⢠Fluorocarbon refrigerants
⢠Spot prices are currently approximately US$450â$650/t
⢠Fluorspar demand is expected to grow considerably in
coming years
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US 100% Import Reliant
CRITICAL MINERAL
⢠Fluorspar is officially recognised as a U.S. critical
mineral, underpinning national security, industrial
resilience, and energy transition objectives.
⢠Fluorspar is listed on the U.S. Critical Minerals List, first
formalised by Donald Trump - Executive Order 13817
⢠The designation reflects:
⢠High import to dependence
⢠Concentrated foreign supply
⢠Essential downstream industrial uses
⢠Australia, EU, Canada, Japan â recognised Critical Mineral
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Consistently ranked as one of the
worldâs best mining jurisdictions
NEVADA
⢠Nevada is ranked the best mining jurisdiction
globally, on Investment Attractiveness Index and
consistently ranked among the top five globally on
Policy Perception and Best Practice Mineral Potential
according to the Fraser Institute.
⢠The state provides established mining
infrastructure and a transparent permitting
framework supportive of critical minerals
development.
⢠Nevada hosts successful ASX-listed companies,
including Sun Silver Ltd (SS1.ASX), which is advancing
the Maverick Springs Silver Project and American
Tungsten and Antimony Ltd (AT4.ASX) which is
advancing 2 Tungsten projects in Nevada.
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Potential Government
Support
STRATEGIC
POSITIONING
Fluorspar directly supports
domestic manufacturing,
electrification, defence readiness,
and chemical sovereignty, making
U.S. projects well-positioned for:
⢠Federal and State loan programs
⢠Strategic offtake backing
⢠Permitting prioritisation at state
and federal levels
United States, initiatives such as the âFAST-41â
permitting pathway may support accelerated
development for priority mineral projects
Trump administrationâs âProject Vaultâ which aims
to establish a US$12B critical minerals stockpile
Australian Government has established the A$1.2B
Critical Minerals Strategic Reserve (CMSR)
Ares Strategic Mining (CSE: ARS) secured major
multi-year U.S. Department of Defense contract
worth up to US$250M over five years
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China Mexico Monngolia Spain
Iran Vietnam Germany Thailand
Pakistan Other Countries
China and Mexico dominate global supply
The US is highly dependent on imports for fluorspar
Fluorspar
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Price Forecast to Increase
SUPPLY RISK
Source: https://www.statista.com/statistics/1051717/global-fluorspar-production-by-country/#google_vignette
Leading countries based on mine production of
fluorspar worldwide in 2024 (in 1,000 metric tons)
Currently ~8 Mtpa Global Demand for Fluorspar
63%
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Fluorine is Non-Substitutable
AI SEMI-CONDUCTORS
⢠Fluorine compounds are essential in plasma etching
and wafer cleaning in semiconductor chips for use in AI
⢠Plasma etching requires fluorinated gases for extreme
precision
⢠Advanced logic nodes (AI GPUs) require higher etching
intensity per wafer
⢠TSMC, Intel & US domestic fabrication expanding
capacity
⢠US CHIPS Act investing US$50+ billion
⢠More advanced chips = more fluorine per wafer
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No Fluorine, No Lithium Battery
BATTERIES
⢠Advance Lithium-ion batteries technologies use LiPFâ as
the dominant electrolyte salt
⢠Higher-energy EV batteries require greater fluorine
intensity per cell
⢠Fluoropolymers (e.g. PVDF) are widely used in electrode
binders and battery separators
⢠Battery reality: There is no commercially scalable
lithium-ion chemistry without fluorine â and no
fluorine without fluorspar.
⢠US domestic EV and battery plant build-out accelerating
⢠IRA incentives driving US-based battery gigafactories
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Fuel Rods Needs Fluorine - UF6
NUCLEAR POWER
⢠Fluorine is a critical reagent in the enrichment of uranium
as a nuclear fuel source
⢠Yellow Cake (U3O8) is converted to Uranium Hexafluoride
(UF6), Enriched in Centrifuges, used in Nuclear Fuel Rods
⢠SMRs (Small Modular Reactors) expanding
⢠US nuclear fleet extensions
⢠Nuclear fuel demand rising
⢠Uranium enrichment capacity being reshored
⢠AI Data Centers proposing Nuclear Power Stations for
reliable power supply
Google joins Microsoft in plans to restart US
nuclear plants to power AI infrastructure
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Fluorine Underpins Military Capability
DEFENSE
⢠Fluorine compounds are considered critical for:
⢠Missile guidance electronics (semiconductor etching)
⢠Radar and satellite systems
⢠Jet engine components & high-temperature alloys
⢠Military-grade lithium batteries
⢠Uranium enrichment for naval propulsion
⢠Specialty optical lenses (calcium fluoride crystals)
⢠Submarine electronics
⢠AI data centers
⢠US seeks onshore supply chain sovereignty
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Complimentary Mines & Markets
TVN CASE STUDY
⢠Tivan Ltd (TVN.ASX) have two Fluorspar
projects based in Australia
⢠TVNâs Speewah Project hosts a JORC compliant
Resource of:
43.2 Mt @ 8.3% CaF2 (at a 2% CaF2 cut-off
grade) containing 3.6 Mt CaF2
⢠TVN targeting supplying Asia
⢠OD6 Quinnâs targeting US market which
currently has ~400ktpa demand
⢠No competition â complimentary assets
⢠Significant upside potential for OD6
TVN MARKET CAP APPROACHING ~A$1B
Refer Tivan ASX announcement 4 February 2026. OD6 makes no
representations regarding Tivanâs Resource.
As 27-2-2026
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Large Effective Transport Network
LOCATION & ACCESS
⢠~220km north of Las Vegas
⢠~130km east of mining centre Tonopah
⢠~300km by road from newly established US Strategic
Minerals Reserve
⢠Excellent road and rail access and proximity to
established mining regions
⢠Numerous Ports on the West Coast
⢠US Interstates offer easy transport to end user
⢠The Project area has excellent access
⢠~35km on well formed county roads from the
township of Rachel
⢠~5km on existing track that cross the project area
Data source: Nevada Bureau Mines & Geology and portergeo.com
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EPITHERMAL
FLUORSPAR
FORMATION
⢠Fluorspar deposits form in
the near surface epithermal
environments
⢠Fluorine bearing
hydrothermal acidic fluids
rise from an intrusive source
⢠The acid reacts with the
limestone and other
carbonates and forms
fluorspar
Heat source -
intrusion
Veins
controlled
by faults &
fractures
Pooling beneath silica cap
Silica âLithocapâ
Hot Springs & Geysers
Hot Acidic
Waters Rise
Fluorspar Deposits
Limestone
Silicified âLithocapâ
Magma / intrusion
Veins
controlled
by faults &
fractures
Breccia pipe
Limestone
Dissolved Fluorine
in acidic fluids
Fluorspar
Carbonate
ion
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Multiple Fluorspar Outcrops
LOCAL
GEOLOGY
⢠Quinn Fluorite Project consists of
Paleozoic limestones and dolomites
⢠Tertiary volcanism in the area
introduced hydrothermal alteration
and emplaced fluorite as veins,
breccia and replacing strata in the
limestones
⢠Limestone & dolomites, as carbonate
rocks, are very reactive to acidic
hydrothermal fluids and are excellent
foci for mineral deposits including
fluorspar
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⢠Fluorspar breccia interpreted to dip steep to the SE.
⢠Eastern margin obscured by talus gravel cover (fluorspar
body projected to extend under cover and at depth)
Refer press-release dated 4 March 2026 for information sources
MAMMOTH
DEPOSIT
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MAMMOTH
DEPOSIT
⢠~9,000 m2 mapped zone of high-grade fluorspar
⢠Breccia fill fluorspar with high-grade âraccoon-tailâ
textures
⢠Previous sample results in the main zone
including
⢠Up to 80.1% CaF2 in rock results
⢠15.2m @ 48% CaF2 in channel sampling
⢠10.7m @ 44.9% CaF2 (surface channel)
⢠2.4m @ 34.95% CaF2 (surface channel)
⢠34.9% CaF2 estimated average main zone grade
⢠Previous sample results in footwall silicified
limestone includes 25.9m @ 27.6% CaF2 &
10.7m @ 17.76% CaF2 suggesting potential to
expand the footprint with medium grade to the
east
Refer ASX announcement 4 March 2026 for information sources
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⢠Replacement fluorspar
body dips to the SW
⢠Highly silicified limestone
cap obscures up dip
extensions
⢠Talus cover obscures down-
dip extensions
⢠Estimated thickness of 30m
HORSESHOE
DEPOSIT
Refer ASX announcement 4 March 2026 for information sources
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HORSESHOE
DEPOSIT
⢠26,000 tonnes mined in historic shallow
open pits
⢠~3,000 m2 mapped zone of high-grade
fluorspar
⢠Previous results include:
⢠Up to 71% CaF2 in rock chips
⢠Average 44.9% CaF2 from surface
samples
⢠Replacement style mineralization
⢠Likely extends up and down dip beneath
silicified limestone and talus cover.
Refer press-release dated 4 March 2026 for information sources
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OTHER
PROSPECTS
⢠Spar Mine
6.1m @ 78% CaF2 in channel sample
6.1m @ 71% CaF2 in channel sample
⢠Big Jim
94% and 90% CaF2 in rock chips from 1 to
2m wide vein
74.9% CaF2 in 0.3m rock chip from altered
sediments above the vein
⢠Rocket, Jumbo and North Horsehoe CaF2
occurrences noted by USGS
⢠70,000 m2 lithocap indicates large
epithermal system with target beneath
Refer ASX announcement 4 March 2026 for information sources
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SIMPLE RESOURCE DELINEATION,
MINING & PROCESSING
OD6 plans to delineate a Fluorspar resource at Quinnâs through systematic
drilling of known mineralisation
Based on the projectâs mining history and known geology, open pit mining
methods should be suitable with underground mining options for some
potential high-grade deposits
Processing pathway likely to be simple crushing, milling and flotation to
produce an Acidspar product. Metspar could be produce as a simple crushed
lump and fines product
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Favorable Deal, Based on Success
ACQUISITION TERMS
⢠Low risk upfront payment of A$75k to acquire 120 day option,
extendable for a further 60 days on A$25k payment
⢠Option exercise payment of A$200k (50% cash and 50% shares) upon
OD6 being satisfied with due diligence and otherwise comfortable with
completing.
⢠Drill permit approval payment of A$200k (50% cash and 50% shares)
⢠Drill commencement payment of A$350k (50% cash and 50% shares)
⢠Deferred payments of A$3.25m (50% cash and 50% shares) are also
payable upon achievement of certain milestones
⢠2% net smelter royalty (NSR) on any fluorspar minerals recovered from
the Project (Fluorspar Royalty), plus 1% NSR on all other metals
⢠Buyback of 50% of Fluorspar Royalty by making payment of US$1 million
and First Right of Refusal for sale of Royalty by Sellers
Refer to ASX announcement dated 4 March 2026 for further details of acquisition terms
Deferred Milestones
⢠Milestone 1 ($500k) â JORC-compliant
Indicated Mineral Resource >2 million
tonnes at an average grade >30% CaFâ
⢠Milestone 2 ($750k) â JORC-compliant
Indicated Mineral Resource >5 million
tonnes at an average grade >30% CaFâ
and metallurgical recovery >75%
⢠Milestone 3 ($1M) â Bankable
Feasibility Study , based on JORC Ore
Reserves and a IRR >20%
⢠Milestone 4 ($1M) â Commencement
of Commercial Production
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Groundwork Commences
NEXT STEPS
⢠Conduct systematic surface rock chip and channel sampling
⢠Verify historic assay grades
⢠Complete detailed geological mapping and structural
interpretation
⢠Undertake soil geochemistry sampling and testing
⢠Consider geophysical testing and interpretation
⢠Develop drill testing programs
⢠Commence permitting requirements for the initial program
⢠Review metallurgical sampling and testing needs
Fluorspar fluoresces purple under UV light.
Calcite fluoresces orange/red
Image source: https://www.naturesrainbows.com/post/2020/05/08/banded-
fluorite-and-calcite-pure-potential-mine-la-paz-county-arizona
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BUILDING A MULTI-COMMODITY
CRITICAL MINERALS COMPANY
QUINN FLUORSPAR - USA SPLINTER ROCK
RARE EARTHS
GULF CREEK COPPER
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High Calibre Leadership Team and Tight Capital Structure
CORPORATE SNAPSHOT
Mr Brett
Hazelden
MANAGING
DIRECTOR
Dr Darren
Holden
Geological Advisor
Mr Piers
Lewis
NON-EXECUTIVE
CHAIRMAN
Dr Mitch
Loan
NON-EXECUTIVE
DIRECTOR
Capital Structure (pre raise) ASX: OD6
Price per share 1 A$0.054
Total number of shares on issue 1 202.4M
Performance rights and options 2 72.8M
Market capitalisation (undiluted) 1 A$11.0M
Cash 2 A$2.0M
Debt 2 Nil
Enterprise value A$9.0M
Share Price 12 Month History A$/share
1. As at 27 February 2026
2. Cash balance as at 31 December 2025
21%
8%
2%
69%
Founders
Directors and Management
Family Offices and Institutions
Retail / Other
Register Detail & Research
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CONTACT US
LUCAS ROBINSON
Investor Relations
lucas@corporatestorytime.com
+61 408 228 889
29
REGISTERED OFFICE
c/o LCP Group
Level 1, 1 Alvan Street
Subiaco WA 6010
Phone: +61 8 6189 8515
Email: info@od6metals.com.au
SHARE REGISTRY
Computershare Investor Services
Level 11, 172 St Georges Tce
Perth WA 6000
www.od6metals.com.au
ASX:OD6
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