OD6 COMPLETES ACQUISITION OF HIGH-GRADE QUINN PROJECT
| Stock | OD6 Metals Ltd (OD6.ASX) |
|---|---|
| Release Time | 4 Aug 2026, 8:50 a.m. |
| Price Sensitive | Yes |
OD6 Metals Completes Acquisition of High-Grade Quinn Project
- Acquisition of Quinn Fluorspar Project completed
- Total consideration of A$200,000 paid
- Consolidation of 226 mining claims covering 1,890 hectares
- High-grade fluorspar mineralisation confirmed
- Potential for premium Acidspar and Metspar production
OD6 Metals Ltd has finalized the acquisition of the Quinn Fluorspar Project in Nevada, USA, following the exercise of its exclusive option. The acquisition comprises 48 mining claims and includes an additional 178 claims staked since March 2026, totaling 226 claims covering approximately 1,890 hectares. The acquisition was financed with A$100,000 in cash and A$100,000 in OD6 shares. The project is strategically important as fluorspar is a critical mineral in the United States, which imports all its requirements. OD6's recent work has confirmed high-grade fluorspar mineralisation and identified multiple high-priority drill targets. The company is now advancing towards systematic resource definition and project development.
OD6 Metals plans to advance the Quinn Fluorspar Project through geological modelling, drill targeting, and resource definition, aiming to become a strategic domestic supplier of premium fluorspar to the United States.