HORSESHOE CHANNEL RE-ASSAYS CONFIRM MATERIALLY HIGHER GRADE

Key points

• Re-assay confirms material uplift in CaF2 grades
• Standout results include 50m @ 79.3% CaF2 and 15m @ 85.8% CaF2
• 31 samples at Horseshoe return >90% CaF2 with a peak of 98.8% CaF2

Full summary

OD6 Metals Ltd has announced re-assay results from the Horseshoe channel at its Quinn Fluorspar Project in Nevada, USA, confirming materially higher grades of fluorspar. The re-assay, conducted by ALS Global, revealed an average uplift of 12.9% CaF2 compared to the original assay method, which was found to underestimate fluorine concentrations. Standout results include 50m @ 79.3% CaF2, 15m @ 85.8% CaF2, and 31 samples returning >90% CaF2 with a peak of 98.8% CaF2. These results reinforce the potential for Horseshoe to become a significant high-grade fluorspar deposit, particularly in a U.S. market that is 100% reliant on imported fluorspar.

Outlook

The company is focused on advancing the project through drilling and metallurgical studies to determine the most efficient pathway to Metspar and premium Acidspar products.