Finalisation of NSW Resources Regulator Investigation
Released
Released
Announcement PDF
ASX Announcement
10 July 2025
ASX: OD6
Gulf Creek Copper Project – Finalisation of NSW
Resources Regulator Investigation
OD6 Metals Limited (OD6 or the Company) confirms the finalisation of a NSW
Resources Regulator investigation in connection with the Gulf Creek Copper
Project (Gulf Creek)
Further to the Company’s ASX announcements of 21 March 2025 and 5 May 2025, the Company
confirms that the NSW Resources Regulator (Regulator) has completed its investigation of alleged
contraventions of sections 378D(1) of the Mining Act 1992 (NSW) (Mining Act) and has advised the
Company of the Investigation Outcome.
The Regulator has determined that a number of official cautions and penalty notices are appropriate
in relation to the alleged offences by the Company’s wholly owned subsidiary Gulf Creek Copper Pty
Ltd (Gulf Creek Copper). A total penalty of $7,500 is payable.
Pursuant to section 378K of the Mining Act, by making payment of the penalty prescribed, Gulf Creek
Copper will not be liable to any further proceedings. The Company intends to make payment of the
amounts specified and the Company considers the Regulator’s investigation concluded.
With the Regulator’s investigation now at an end, the Company is in a position to continue
exploration activities at Gulf Creek in accordance with its approval for an initial 18 RC and diamond
holes totaling ~5,000m (refer ASX release 22 May 2025) and additional 7-hole, ~2,500m Phase 2 drill
campaign (refer ASX release 11 June 2025).
Brett Hazelden, Managing Director, commented:
“OD6 has worked positively with the NSW Resource Regulator, which noted Gulf Creek Copper’s
co-operation during their investigation process.
With the Regulator’s investigation concluded, and with the recent Phase 2 drilling approvals now in place,
the Company can confidently undertake works at the Big Bend, North West and West Limb targets, plus
follow up deep drilling below the historic mining area at Gulf Creek. This follows on from the recent
maiden drilling results, which confirmed the presence of high-grade copper, zinc and silver at the Gulf
Creek Copper Project .”
This announcement has been authorised for release by the Board of OD6 Metals Limited
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About OD6 Metals
OD6 Metals is an Australian public company pursuing exploration and development opportunities within the critical minerals
sector, namely rare earths and copper.
Copper
The Company is advancing the recently acquired Gulf Creek Copper-Zinc VMS Project located near the town of Barraba in
NSW, Australia.
Gulf Creek was mined at around the turn of the 20th century and was once regarded as the highest grade copper mine (2%
to 6.5% Cu) in NSW until its closure due to weak copper prices in 1912. Very little exploration has occurred at the project i n
over 100 years, with OD6 aiming to apply modern day exploration technologies.
Mineralisation is associated with magnetite, with geophysics showing significant greenfields and brownfields exploration
potential exists with over >3km of untested strike in the immediate mine-stratigraphy, and over >10km across the tenement.
Rare Earth Elements
OD6 Metals has successfully identified clay hosted rare earths at its 100% owned Splinter Rock Project which is located in
the Esperance-Goldfields region of Western Australia.
The Company released a Mineral Resource Estimate (MRE) for Splinter Rock in May 2024, confirming that the project hosts
on of the largest and highest-grade clay-hosted rare earths deposit in Australia with an Indicated Resource of 119Mt @
1,632ppm TREO and an Inferred Resource of 563Mt @ 1,275ppm TREO with an overall ratio of ~23% high -value Magnetic
Rare Earths (MagREE).
OD6 Metals believes that Splinter Rock has all the hallmarks of a world class rare earths project with a conceptual
development which utilises the large and high-grade Splinter Rock resource to support a long-life REE operation supported
by a low strip ratio
Corporate Directory
Managing Director
Mr Brett Hazelden
Non-Executive Chairman
Non-Executive Director
Non-Executive Director
Dr Darren Holden
Mr Piers Lewis
Dr Mitch Loan
Financial Controller/ Joint Company Secretary
Joint Company Secretary
Mr Troy Cavanagh
Mr Joel Ives
Contact
Investor Relations
OD6 Metals Ltd
Lucas Robinson
ACN 654 839 602
www.od6metals.com.au
Mail to: info@od6metals.com.au
Corporate Storytime
lucas@corporatestorytime.com
Phone: +61 408 228 889
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
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No new information
This announcement contains references to the Mineral Resource Estimate (Estimate) of the Splinter Rock Project,
that was announced on 29 May 2024. The Company confirms that it is not aware of any new information and
that all material assumptions and technical parameters underpinning the Estimate in the relevant market
announcement continue to apply and have not changed materially.
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 ‘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 expected and there can be no
assurance of future events which are subject to risk, uncertainties and other actions that may c ause 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).
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