A profitable airborne electromagnetic survey has highlighted a set of high-priority targets for OD6 Metals throughout the corporate’s Splinter Rock and Grass Patch uncommon earth initiatives within the Esperance area of WA.
The corporate says early knowledge from the survey strongly aligns with latest drilling outcomes and has recognized a mixed clay basin goal space of ​​greater than 250 sq. kilometers.
While full knowledge evaluation is but to be accomplished and is anticipated to be finalized early subsequent yr, OD6 says preliminary outcomes have shone the highlight on the corporate’s Scrum, Centre, Flanker and Prop prospects throughout its flagship Splinter Rocks mission.
The survey accomplished 11,500 line kilometers flown between a 400m and 800m line-spacing in a north-west to south-east path at Splinter Rock and a west to east path at Grass Patch.
Current drilling outcomes additionally outlined two further prospects within the Wing and Fullback targets. Every of the six prospects span between 4km to 13km in drilled width and are interspersed between granite outcrops. Clay thickness ranges from 40m as much as 100m ranging from the floor.
The corporate is planning focused drilling throughout each initiatives throughout the subsequent six to 18 months.
Given the sheer scale of our tenure, mapping clays on this method allows optimization of exploration actions by means of knowledgeable, focused future drilling. With drilling displaying clay thicknesses of between 10 to 30m at our high-grade prospects thus far, the potential to broaden and replicate this throughout the mixed 253 sq. kilometers of goal areas recognized, suggests this might be the beginnings of defining a really world scale mission .
Splinter Rock is about 150km north-east of Esperance and includes six exploration licenses spanning greater than 2500 sq. kilometres. OD6’s Grass Patch mission is as much as 100km north-west of Esperance and covers a tenement space of ​​greater than 2200 sq. kilometers in dimension.
The newest assay outcomes present excessive values ​​of neodymium and praseodymium at a mean of 19.1 per cent of the overall grades of uncommon earth oxide along with heavy uncommon earth oxides representing a mean of 14.four per cent of the overall grade.
Assay highlights embody 17m at 2162 parts-per-million complete uncommon earth oxides, or “TREO”, from 15m and a major 29m intercept going 1842ppm TREO from 57m. Each hits recorded magnetic uncommon earth oxides above 20 %. Further outcomes embody 21m at 1273ppm TREO from 24m and 30m going 1203ppm TREO from 30m together with 18m at a powerful 1510ppm TREO from 30m.
OD6 may have a busy begin to the brand new yr with full evaluation of the latest survey anticipated within the first quarter along with metallurgical sampling and testing. The corporate additionally predicts a mineralogy evaluation at Murdoch College to be accomplished early subsequent yr.
Is your ASX-listed firm doing one thing attention-grabbing? Contact: matt.birney@wanews.com.au

