HORSESHOE CHANNEL RE-ASSAYS CONFIRM MATERIALLY HIGHER GRADE
Released
Released
Announcement PDF
ASX Announcement
25 August 2026
ASX: OD6
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HORSESHOE CHANNEL RE-ASSAYS CONFIRM MATERIALLY
HIGHER GRADE FLUORSPAR FROM SURFACE
Re-assays supersede and materially increase
Horseshoe channel results reported on 8 July 2026
Highlights
⢠ALS Global laboratories informed OD6 that the original assay technique used for the Horseshoe channel
samples can exhibit a negative bias for this specific high-grade fluorspar matrix, resulting in under-
estimation of fluorine and calculated CaFâ grades
⢠Re-assaying by ALS confirms a material uplift in CaFâ grades compared with the original.
⢠Horseshoe Channel Sampling results originally reported on 8 July 2026, are now re-reported herein
⢠Standout results of re-assayed results, from expanded in-pit channel sampling:
o SE Wall: 50m @ 79.3% CaF2 (previously reported as 63.9%)
o North Pit: 27m @ 65.1% CaF2 (previously reported as 54.4%)
o NW Wall combined 22m @ 78.8% CaF2 (previously reported as 70.7%) including:
⪠9m @ 84.5% CaF2 (previously reported as 74.4%)
⪠8m @ 80.0% CaF2 (previously reported as 71.2%)
⪠5m @ 66.7% CaF2 (previously reported as 62.4%)
o Central Bench: 15m @ 85.8% CaF2 (previously reported as 65.8%)
⢠31 samples at Horseshoe return >90% with peak value of 98.8% CaF2
⢠An average increase of 12.9% CaF2 using the updated ALS assay method
⢠New assay results align with the recent large-format metallurgical samples returning 90% and
76.2% CaF2 (refer release dated 12 August 2026)
⢠Channel Sampling within mapped 80m wide exposed zone, with previous reported drilling and open pit
exposure indicating a tabular zone 15 to 30m thick
⢠Mineralisation remains open up-dip beneath the silicified cap and down-dip beneath talus cover,
highlighting significant expansion potential
⢠Outstanding consistency demonstrated across all 120 channel samples averaging 74.8% CaF2, with
85% of samples grading above 50% CaF2 at an average of 90.4% CaF2..
Managing Director Brett Hazelden, commented:
âEstablishing the appropriate assay technique for the ultra high grade fluorspar mineralisation being encountered
has been essential. ALS advised that the original method can under-estimate fluorine for this specific high-grade
matrix, and the re-assays now confirm that the previously reported Horseshoe grades were materially under-called
- an average uplift of 12.9%.
Grades approaching 80% CaFâ, over significant widths, are exceptional in a global fluorspar context, particularly
when they occur from surface within a broad replacement-style mineralised system. Importantly, Horseshoe is not
presenting as a conventional narrow-vein fluorspar deposit. The mineralisation is exposed across an approximately
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80-metre-wide zone, with previous drilling and pit exposure indicating a tabular body approximately 15 to 30
metres thick that remains open.
For investors, the significance is the combination of grade, width and scale. These latest results, together with
the exceptional grades being returned from our metallurgical samples, continue to strengthen our view that
Horseshoe has the potential to become a significant high-grade fluorspar deposit.
We are now focused on demonstrating the scale of the system through drilling and advancing the metallurgical
and ore-sorting programs to determine the most efficient pathway to Metspar and premium Acidspar products.
Acidspar prices in the US reached approximately US$654/t in July 2026š, highlighting the potential value of
producing a premium-grade fluorspar product into a strategically important and import-dependent US market.â
š Source: ChemAnalyst, Fluorspar Price Trend and Forecast, data accessed 5 August 2026. July 2026 US Acidspar price
Figure 1 Horseshoe channel sample results re-assayed on background geology, assays >90% CaF2 labelled
(geology modified after Evans, 1975). Coordinates NAD83 Zone 11
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OD6 Metals Limited (ASX: OD6, âOD6â or âthe Companyâ) is pleased to announce the re-assay
results from expanded channel sampling completed at the Horseshoe Prospect, part of the
Companyâs exciting Quinn Fluorspar Project in Nevada, USA
Re-assay program and why
At the commencement of work on this project the Company approached ALS Global Ltd to establish appropriate
assay techniques. ALS Global is the worldâs largest mineral exploration testing company, is renowned for precision
and reliability and has been the preferred laboratory for OD6 Metals since the companyâs inception. The preferred
technique for fluorine analysis is ME-XRF24 (F-XRF24) and is the technique used by Tivan Ltd for its Speewah
Project in Western Australia. This is a highly reliable technique using an initial oxidation to remove volatiles (H2O
and CO2) and then a fusion at 1100o
C to dissolve sample metal into a glass bead before high-powered X-Ray
Fluorescence performed under laboratory conditions. F-XRF24 is not available via ALS Global laboratories in North
America, and as such an alternate assay method was proposed, F-ELE82, which uses a fusion by sodium hydroxide
and a leach of citric acid, before analysing the F through analysis of the selective ion electrode.
OD6 Metals Competent Person, Darren Holden, contacted ALS with queries when a sample containing apparent
high-grade fluorspar returned assay results less than expected. ALS conducted some investigations into the F-
ELE82 technique. ALS advised that due to matrix limitations with these specific high-grade samples, the F-ELE82
method exhibits a negative bias, meaning the true fluorine concentrations in previously reported high grades were
possibly underestimated (this was noted in the original release JORC table by the Company on 8 July 2026)
The Company requested ALS to send residual pulps of all samples that reported >50,000ppm fluorine (~10%
fluorspar) to Perth, Western Australia for re-assay with the F-XRF24 technique as a comparison. Following the
recent metallurgical assay results from Core Metallurgy, which also used F-XRF24, returned higher than expected
grades, the Company accelerated the re-assay program with the results presented herein. The re-assayed results
set out in this announcement supersede the corresponding channel sampling results reported on 8 July 2026 and
therefore the superseded assay results should no longer be relied upon. Figure 2 presents a comparison of results
in the two techniques, noting how the largest variation is in the higher-grade results.
Figure 2 Re-assay program with F-XRF24 versus the original F-ELE82
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Following advice from ALS that the F-ELE82 method is semi-quantitative for this specific high-grade fluorspar
matrix, the Company has elected to utilize F-XRF24 for all samples going forward.
Channel Sampling
Channel sampling is a systematic method in which samples are collected using a hammer drilling and the
excavated material is collected as a series of contiguous samples over set intervals. Because each sample
represents a fixed width, the technique delivers a representative measure of grade across the sampled interval,
and â where the channel is oriented as close as practicable to perpendicular to the strike of mineralisation. It is a
well-established approach for characterising exposed mineralisation in pit walls, trenches and outcrop. Collapse
areas of pit wall, with no observed or safely reachable exposed rock were not sampled.
Significance of these results
These results are an outstanding outcome for the Horseshoe deposit, confirming broad zones of exceptionally
high-grade fluorspar at surface. Standout channel intervals of 22m at 78.8% CaF2 in the north-west wall, 15m at
85.8% CaF2 on the central bench, 50m at 79.3% CaF2 in the south-east/back wall and 27m at 65.1% CaF2 in the
north pit â including individual samples grading up to 98.8% CaF2 â demonstrate both the very high tenor and
the impressive width and continuity of mineralisation across the historic pit. Grades of this magnitude sit well
above the 40% CaF2 threshold that defines high-grade fluorspar and confirm the potential for Horseshoe to deliver
premium, high-value product.
Critically, these results reinforce Horseshoe as a genuinely significant, near-surface, high-grade fluorspar
opportunity in Nevada â one of the world's premier mining jurisdictions. With the United States currently 100%
reliant on imported fluorspar and the mineral firmly established on the US Critical Minerals list, the scale and
quality of mineralisation emerging at Horseshoe position the Quinn Fluorspar Project to play a meaningful role in
securing domestic supply. The Company is highly encouraged by these results and views Horseshoe as developing
into an outstanding opportunity, with clear momentum to advance the project through the next phases of work.
Initial development concepts will evaluate a staged approach targeting early Metspar production opportunities,
with subsequent beneficiation studies assessing the potential production of higher-value Acidspar products.
Quinns Fluorspar Project U.S Strategic Advantage
The Quinn Fluorspar Project, located in Nevada, USA, provides OD6 with direct exposure to a strategically
important critical mineral within the United States. The Project's key attributes include:
⢠location in Nevada, USA, one of the worldâs established mining jurisdictions
⢠a historical fluorspar mining district containing multiple known fluorspar occurrences
⢠OD6 has now consolidated 100% ownership of 226 mining claims covering ~1,890 hectares
⢠+20 Fluorspar occurrences, supporting a future hub-and-spoke development strategy
⢠exceptionally high-grade fluorspar mineralisation demonstrated through OD6âs recent exploration
and sampling programs
⢠Multiple high-priority drill targets defined from integrated geological mapping, fluorine geochemistry,
structural interpretation and historical drilling
⢠8km fertile mineralised corridor confirmed with additional high-grade fluorine anomalies identified
outside known deposits
⢠Low impurity mineralisation supports potential production of premium Acidspar (>97% CaFâ) and
Metspar products following beneficiation
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⢠Permitting program underway, including environmental baseline, archaeological studies and
preparation of drilling and bulk sample approvals
⢠Metallurgical testwork advancing with optical sorting and beneficiation studies to optimise premium
product recoveries
⢠Potential Gold Upside identified in soil sampling across Mammoth, Horseshoe and Dress Circle
Together, these results reinforce OD6's view that Quinn has the potential to emerge as a strategically significant
domestic source of high-grade fluorspar in a U.S. market that remains 100% net import reliant.
Figure 3: Quinn Fluorspar Project â district claim position and project areas, Nevada USA
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Figure 4 Prospect map: with fluorine pathfinders in soils over regional geological mapping (refer release dated 1 July 2026)
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References
Evans, D.L.C. (1975). Geology and Indicated Reserves, Quinn Canyon Range Fluorspar. Consultant Report. On File
Nevada Bureau of Mines & Geology
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 âprojectâ, âforeseeâ, âplanâ,
âexpectâ, âaimâ, âintendâ, âanticipateâ, âbelieveâ, âestimateâ, âmayâ, âshouldâ, âwillâ 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).
Competent Persons Statement
Information in this report relating to field observations and channel sample results is based on information
compiled by 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 Companyâs 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 Resource estimate for the Splinter Rock Project is extracted
from the Companyâs 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.
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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 â Nevada, USA
OD6 is advancing the Quinn Fluorspar Project located in Nevada, USA, one of the worldâs 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 â Western Australia
OD6âs 100% owned Splinter Rock Rare Earth Project in Western Australia hosts one of Australiaâs 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 â 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
Corporate Directory
Mr Brett Hazelden
Mr Piers Lewis
Dr Mitch Loan
Mr Joel Ives
Mr Lewis Flynn
Dr Darren Holden
Investor Relations
Lucas Robinson
Corporate Storytime
lucas@corporatestorytime.com
Phone: +61 408 228 889
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Appendix 1: results
Table 1 Quinn Fluorspar Project Horseshoe Results Coordinates in NAD83 Zone 11.
Project SiteID Easting Northing From To
CaF2% (F-
ELE82 Original
Assay)
CaF2% (F-
XRF24 re-
reported)
Difference Comments
Central Bench DH061 615613 4220486.6 0 1 66.8 74.7 +7.9
Breccia and Raccoon Tail
Fluorspar
Central Bench DH062 615613.8 4220487.6 1 2 76.4 92.0 +15.6
Breccia and Raccoon Tail
Fluorspar
Central Bench DH063 615614.3 4220488.3 2 3 80.6 91.0 +10.4
Breccia and Raccoon Tail
Fluorspar
Central Bench DH064 615615 4220489.6 3 4 81 93.6 +12.6
Breccia and Raccoon Tail
Fluorspar
Central Bench DH065 615615.2 4220490.5 4 5 70.9 77.2 +6.3
Breccia and Raccoon Tail
Fluorspar
Central Bench DH066 615614.7 4220491.6 5 6 82 92.0 +10.0
Breccia and Raccoon Tail
Fluorspar
Central Bench DH067 615613.7 4220491.6 6 7 79.7 92.4 +12.7
Breccia and Raccoon Tail
Fluorspar
Central Bench DH068 615612.3 4220491.6 7 8 76.9 84.8 +7.9
Breccia and Raccoon Tail
Fluorspar
Central Bench QC260204 615608.4 4220482.4 0 1 82 92.6 +10.6
Fault Zone, breccia
slickensides, 78Deg SE dip
Central Bench QC260205 615608.9 4220483.3 1 2 70.9 76.0 +5.1
Fault Zone, breccia
slickensides, 78Deg SE dip
Central Bench QC260206 615609.3 4220484.2 2 3 70.3 80.7 +10.4
Fault Zone, breccia
slickensides, 78Deg SE dip
Central Bench QC260207 615609.7 4220485.1 3 4 74.2 77.0 +2.8
Fault Zone, breccia
slickensides, 78Deg SE dip
Central Bench QC260208 615610.1 4220486 4 5 73 85.8 +12.8
Fault Zone, breccia
slickensides, 78Deg SE dip
Central Bench QC260209 615610.6 4220486.9 5 6 70.5 73.3 +2.8
Fault Zone, breccia
slickensides, 78Deg SE dip
Central Bench QC260210 615611 4220488.1 7 8 71.1 98.2 +27.1
Fault Zone, breccia
slickensides, 78Deg SE dip
Centra Back DH059 615604.7 4220485.8 0 1 38.8 93.4 +54.6
Breccia beneath Limestone
cap
Central Back DH060 615605.8 4220486.7 1 2 71.1 88.9 +17.8
Breccia beneath limestone
cap
DipChannel1 QC260202 615609 4220475.9 0 1 70.1 94.7 +24.6 Raccoon Tail Fluorspar
DipChannel1 QC260203 615609 4220476.1 1 2 79.9 85.8 +5.9 Raccoon Tail Fluorspar
North Pit DH074 615597.7 4220517.7 0 1 83.8 90.3 +6.5 Raccoon Tail Fluorspar
North Pit DH075 615598.7 4220518.2 1 2 73.4 75.6 +2.2 Limestone cap
North Pit DH076 615599.4 4220518.8 2 3 37 38.6 +1.6 Limestone cap
North Pit DH077 615600.6 4220519.4 3 4 63.3 65.7 +2.4
Limestone + Raccoon Tail
Fluorspar
North Pit DH078 615601.2 4220518.8 4 5 22.4 22.2 -0.2 Breccia
North Pit DH079 615601.7 4220517.8 5 6 16.9 16.2 -0.7 Limestone cap
North Pit DH080 615601.9 4220516.8 6 7 37.9 40.7 +2.8 Calcite veins in limestone
North Pit DH081 615602.7 4220516 7 8 75.2 87.9 +12.7 Raccoon Tail Fluorspar
North Pit DH082 615603.8 4220515.8 8 9 46 48.9 +2.9 Raccoon Tail Fluorspar
North Pit DH083 615605.2 4220516 9 10 45 47.8 +2.8 Raccoon Tail Fluorspar
North Pit DH084 615606.1 4220516.6 10 11 56.5 59.8 +3.3 Raccoon Tail Fluorspar
North Pit DH085 615606.8 4220517.2 11 12 40.4 42.9 +2.5 Raccoon Tail Fluorspar
North Pit DH086 615607.4 4220517.9 12 13 77.1 87.5 +10.4 Raccoon Tail Fluorspar
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Project SiteID Easting Northing From To
CaF2% (F-
ELE82 Original
Assay)
CaF2% (F-
XRF24 re-
reported)
Difference Comments
North Pit DH087 615608.3 4220518.7 13 14 53.4 57.1 +3.7 Raccoon Tail Fluorspar
North Pit DH088 615608.7 4220519.2 14 15 74 81.1 +7.1 Raccoon Tail Fluorspar
North Pit DH089 615609.3 4220520.3 15 16 41 85.6 +44.6 Raccoon Tail Fluorspar
North Pit DH090 615610 4220521.1 16 17 54.5 59.1 +4.6 Raccoon Tail Fluorspar
North Pit DH091 615610.3 4220521.8 17 18 45 51.1 +6.1 Raccoon Tail Fluorspar
North Pit DH092 615610.5 4220522.9 18 19 71.3 80.5 +9.2 Raccoon Tail Fluorspar
North Pit DH093 615610.5 4220523.7 19 20 15.6 54.4 +38.8 Raccoon Tail Fluorspar
North Pit DH094 615610.6 4220524.7 20 21 77.5 85.6 +8.1 Raccoon Tail Fluorspar
North Pit DH095 615610.8 4220525.2 21 22 68.6 77.2 +8.6 Raccoon Tail Fluorspar
North Pit DH096 615611.3 4220525.9 22 23 59.4 65.7 +6.3 Raccoon Tail Fluorspar
North Pit DH097 615611.8 4220525.8 23 24 72.3 78.9 +6.6 Raccoon Tail Fluorspar
North Pit DH098 615612.6 4220526 24 25 42.5 94.3 +51.8 Raccoon Tail Fluorspar
North Pit DH099 615612.9 4220526.6 25 26 30 31.2 +1.2 Raccoon Tail Fluorspar
North Pit DH100 615613.4 4220527.2 26 27 28.9 48.9 +20.0 Raccoon Tail Fluorspar
North Pit DH101 615613 4220528 27 28 41.9 99.0 +57.1 Raccoon Tail Fluorspar
NW Wall1 DH043 615617.1 4220501.9 0 1 74.8 88.1 +13.3
Limestone + Raccoon Tail
Fluorspar
NW Wall1 DH044 615615.9 4220501.6 1 2 78.1 91.6 +13.5 Raccoon Tail Fluorspar
NW Wall1 DH045 615615.3 4220500 2 3 76 88.1 +12.1 Raccoon Tail Fluorspar
NW Wall1 DH046 615614.1 4220500.2 3 4 73.8 82.3 +8.5 Raccoon Tail Fluorspar
NW Wall1 DH047 615613.6 4220498.7 4 5 78.7 88.9 +10.2 Raccoon Tail Fluorspar
NW Wall1 DH048 615612.2 4220498.3 5 6 69.5 77.8 +8.3 Raccoon Tail Fluorspar
NW Wall1 DH049 615611 4220497.4 6 7 58 60.6 +2.6 Raccoon Tail Fluorspar
NW Wall1 DH050 615610 4220496.3 7 8 81.6 94.5 +12.9 Raccoon Tail Fluorspar
NW Wall1 DH051 615609.1 4220496 8 9 79.5 88.5 +9.0 Raccoon Tail Fluorspar
NW Wall2 DH052 615606 4220493.6 0 1 70.7 76.8 +6.1 Breccia
NW Wall2 DH053 615604.9 4220493 1 2 29.3 30.0 +0.7 Breccia
NW Wall2 DH054 615603.7 4220492.1 2 3 74.2 81.3 +7.1 Breccia
NW Wall2 DH055 615602.7 4220490.9 3 4 82 93.2 +11.2 Breccia
NW Wall2 DH055b 615602.7 4220490.9 0 0 79.7 90.3 +10.6 Breccia
NW Wall2 DH056 615601.6 4220490.1 4 5 82.4 93.2 +10.8 Breccia
NW Wall2 DH057 615600.4 4220489.3 5 6 79.3 90.8 +11.5 Breccia
NW Wall2 DH058 615599.1 4220489.4 6 7 72.1 84.6 +12.5 Breccia
NW Wall3 DH069 615587.8 4220480 0 1 57.3 59.5 +2.2 Breccia
NW Wall3 DH070 615588.4 4220481.2 1 2 75.8 81.5 +5.7 Breccia
NW Wall3 DH071 615589.1 4220482.2 2 3 61.2 64.9 +3.7 Breccia
NW Wall3 DH072 615590.4 4220482.7 3 4 61.9 67.4 +5.5 Breccia
NW Wall3 DH073 615591.2 4220483.3 4 5 55.5 60.4 +4.9 Breccia
SE/BackWall DH002 615607.8 4220468.2 0 1 68.2 85.6 +17.4
Limestone / breccia on
contact
SE/BackWall DH003 615608.1 4220469.3 1 2 68.6 72.9 +4.3 Raccoon Tail Fluorpsar
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Project SiteID Easting Northing From To
CaF2% (F-
ELE82 Original
Assay)
CaF2% (F-
XRF24 re-
reported)
Difference Comments
SE/BackWall DH004 615608.4 4220470.2 2 3 75.8 93.6 +17.8 RaccoonTail Fluorpsar
SE/BackWall DH005 615608.8 4220471 3 4 73.6 94.9 +21.3 RaccoonTail Fluorpsar
SE/BackWall DH006 615609.2 4220471.8 4 5 64.9 77.0 +12.1 Raccoon Tail Fluorpsar
SE/BackWall DH007 615609.7 4220472.7 5 6 42.1 44.8 +2.7 Raccoon Tail Fluorpsar
SE/BackWall DH008 615610.5 4220473.3 6 7 41 41.5 +0.5 Limestone / breccia
SE/BackWall DH009 615611.3 4220473.5 7 8 8.8 not re-assayed - Limestone raft
SE/BackWall DH010 615612.3 4220473.5 8 9 2.9 not re-assayed - Limestone raft
SE/BackWall DH011 615613.4 4220474 9 10 53 77.2 +24.2
Raccoon Tail Fluorpsar
Breccia pipe
SE/BackWall DH012 615614.3 4220474.4 10 11 59 92.4 +33.4
Raccoon Tail Fluorpsar
Breccia pipe
SE/BackWall DH013 615615 4220474.9 11 12 60.4 95.5 +35.1
Raccoon Tail Fluorpsar
Breccia pipe
SE/BackWall DH014 615616.6 4220476.6 0 1 64.7 73.1 +8.4 Limestone / breccia
SE/BackWall DH015 615616.6 4220477.5 1 2 21.7 23.4 +1.7 Breccia
SE/BackWall DH016 615617 4220478.7 2 3 1 not re-assayed - Limestone raft
SE/BackWall DH017 615617.5 4220479.5 3 4 67.2 72.7 +5.5 Breccia
SE/BackWall DH018 615618.3 4220480 4 5 50.1 51.5 +1.4 Clay Breccia
SE/BackWall DH019 615619.4 4220480.4 5 6 20.8 22.2 +1.4 Clay Breccia
SE/BackWall DH020 615620.8 4220480.9 0 1 74.8 77.6 +2.8 Breccia
SE/BackWall DH021 615620.9 4220482.1 1 2 57.5 65.7 +8.2 Breccia
SE/BackWall DH022 615621 4220483.6 2 3 76.7 82.5 +5.8 Breccia
SE/BackWall DH023 615621.4 4220484.9 3 4 79.5 90.3 +10.8 Breccia
SE/BackWall DH024 615622.4 4220485.7 4 5 44.8 93.8 +49.0 Breccia
SE/BackWall DH025 615623.4 4220486.8 5 6 72.7 92.8 +20.1 Breccia
SE/BackWall DH026 615624.4 4220487.5 6 7 64.3 96.9 +32.6 Breccia
SE/BackWall DH027 615625.6 4220488.1 8 9 55.1 63.7 +8.6 Breccia
SE/BackWall DH028 615624.2 4220489.4 0 1 70.3 82.3 +12.0 Limestone cap
SE/BackWall DH029 615624.2 4220490.7 1 2 65.6 79.3 +13.7 Limestone cap
SE/BackWall DH030 615625.5 4220491 2 3 62.5 77.2 +14.7 Limestone cap
SE/BackWall DH031 615626.5 4220491 3 4 77.5 90.3 +12.8 Limestone cap + veins
SE/BackWall DH032 615627.4 4220491 4 5 77.5 86.7 +9.2 Limestone cap + veins
SE/BackWall DH033 615628.4 4220491 5 6 34.5 36.6 +2.1 Limestone cap + veins
SE/BackWall DH034 615626.4 4220491.8 0 1 70.7 83.0 +12.3 Breccia
SE/BackWall DH035 615626.4 4220493.1 1 2 68.4 96.5 +28.1 Breccia
SE/BackWall DH036 615626.7 4220494.2 2 3 74.6 86.4 +11.8 Breccia
SE/BackWall DH037 615627.2 4220495.1 3 4 77.5 91.0 +13.5 Breccia
SE/BackWall DH038 615627.8 4220496.1 4 5 67.4 96.7 +29.3 Breccia
SE/BackWall DH039 615628.5 4220497 5 6 67.4 72.3 +4.9 Breccia
SE/BackWall DH040 615628.6 4220498.1 6 7 70.7 82.3 +11.6 Breccia
SE/BackWall DH041 615628.6 4220499.2 7 8 62.9 72.7 +9.8 Breccia
SE/BackWall DH042 615629.8 4220499.5 8 9 63.1 73.1 +10.0 Breccia
12
Project SiteID Easting Northing From To
CaF2% (F-
ELE82 Original
Assay)
CaF2% (F-
XRF24 re-
reported)
Difference Comments
SE/BackWall QC260214 615621.4 4220505.7 0 1 56.7 95.3 +38.6 Main face channel - breccia
SE/BackWall QC260215 615622.3 4220505.2 1 2 67.8 94.9 +27.1 Main face channel - breccia
SE/BackWall QC260216 615623.2 4220505.3 2 3 60 95.5 +35.5 Main face channel - breccia
SE/BackWall QC260217 615624.3 4220505.4 3 4 66.4 94.5 +28.1 Main face channel - breccia
SE/BackWall QC260218 615625.3 4220505 4 5 55.9 97.1 +41.2 Main face channel - breccia
SE/BackWall QC260219 615626.1 4220504.3 5 6 78.5 95.5 +17.0 Main face channel - breccia
SE/BackWall QC260220 615626.1 4220504.3 6 7 79.7 85.2 +5.5 Main face channel - breccia
SE/BackWall QC260221 615626.7 4220503.6 7 8 77.3 93.0 +15.7 Main face channel - breccia
SE/BackWall QC260222 615627.2 4220502.8 8 9 71.5 79.9 +8.4 Main face channel - breccia
SE/BackWall QC260223 615628.1 4220501.9 9 10 71.7 84.2 +12.5 Main face channel - breccia
SE/BackWall QC260224 615629.4 4220501.5 10 11 70.5 83.2 +12.7 Main face channel - breccia
SE/BackWall QC260225 615629.7 4220500.6 11 12 70.7 80.1 +9.4 Main face channel - breccia
Note 4 samples DH016, DH09, DH010 and DH079 are limestone rafts / cap in the fluorspar zone <1.5m thick with fluorspar
observed above and/or below in the pit wall, and excluded from the intercept calculations as they do not represent the
continuity of the mineralization.
JORC 2012 â 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 of sampling (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 should not be taken as limiting the
broad meaning of sampling.
⢠Include reference to measures taken to ensure
sample representivity and the appropriate
calibration of any measurement tools or systems
used.
⢠Aspects of the determination of mineralisation that
are Material to the Public Report.
⢠In cases where âindustry standardâ work has been
done this would be relatively simple (eg âreverse
circulation drilling was used to obtain 1 m samples
from which 3 kg was pulverised to produce a 30 g
charge for fire assayâ). In other cases more
explanation may 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 hammer drill from 1m intervals along the side of
historic pit.
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-
sampling bit or other type, whether core is oriented
and if so, by what method, etc).
⢠No drilling reported
Drill sample recovery ⢠Method of recording and 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
⢠No drill sampling reported
13
Criteria JORC Code explanation Commentary
recovery and grade and wheth
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