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- OD6 Metals (OD6) identifies new target areas following survey work at its tenements in Western Australia
- The company completed an airborne electromagnetic survey at its Splinter Rock and Grass Patch projects, resulting in the discovery of a combined 253 square kilometres of clay basin target areas
- These targets are confined to the four prospects within the Splinter Rock project area and build on previous drill results showing clay thicknesses of between 10 to 30 metres
- OD6 is yet to complete data processing and analysis at Grass Patch and will use the overall findings to conduct a drilling program in 2023
- OD6 shares are up 1.41 per cent to trade at 36 cents at midday AEDT
OD6 Metals (OD6) has identified a large target area through an airborne electromagnetic survey completed at two of its projects in Western Australia.
The recently-completed survey covered over 4600 square kilometres and was flown in a northwest-to-southeast direction at Splinter Rock and a west-to-east direction at the Grass Patch project.
This work aimed to identify and map clay location, expanse, depth and thickness across the company’s tenement areas using discovery and processing techniques evaluated with the CSIRO.
Following interpretation work, OD6 Metals identified a combined 253 square kilometres of clay basin target areas, focused on the higher-grade rare earth Scrum, Centre, Flanker and Prop prospects.
“Given the sheer scale of our tenure, mapping clays in this way enables optimisation of exploration activities through informed, targeted future drilling,” Managing Director Brett Hazelden said.
“With drilling showing clay thicknesses of between 10 to 30 metres at our high-grade prospects to date, the potential to expand and replicate this across the combined 253 square kilometres of target areas identified suggests this could be the beginnings of defining a truly world-scale project.”
OD6 Metals noted these early results pertain to the Splinter Rock project area. Further data processing, analysis and modelling will be undertaken early next year for both projects.
The mapping of clays will then enable targeted drilling at high-priority areas over the next six to 18 months.
OD6 shares were up 1.41 per cent to trade at 36 cents at midday AEDT.
