EXERCISE OF QUINN FLUORSPAR OPTION AGREEMENT
| Stock | OD6 Metals Ltd (OD6.ASX) |
|---|---|
| Release Time | 9 Jun 2026, 8:44 a.m. |
| Price Sensitive | Yes |
OD6 Metals Exercises Option to Acquire Quinn Fluorspar Project
- OD6 Metals exercises option to acquire high-grade Quinn Fluorspar Project in Nevada
- Multiple high-grade fluorspar targets confirmed across Horseshoe, Mammoth and Big Jim deposits
- Recent exploration validates historical data and confirms new mineralised zones
OD6 Metals Ltd has exercised its option to acquire the Quinn Fluorspar Project in Nevada, USA, following a comprehensive due diligence process. The project comprises 48 mining claims with high-grade fluorspar deposits, including Horseshoe, Mammoth, and Big Jim. Historical and recent exploration data confirm significant high-grade mineralization, with potential for both Metspar and premium Acidspar products. Fluorspar is critical for various industries, including AI semiconductor manufacturing and advanced battery technologies. The acquisition is subject to shareholder approval, expected in mid-July 2026.
The company is optimistic about the potential of the Quinn Fluorspar Project to meet growing US demand for fluorspar, driven by critical mineral applications.