Key points
- New high-grade fluorspar zone discovered at North Horseshoe Canyon
- Rock-chip assays returned up to 60% CaF2
- Mineralisation potentially continuous to the south for a >300m target zone
- Geological interpretation suggests continuation to Big Jim
- NHC strengthens geological model for a 1.5 km corridor between Horseshoe and Big Jim
Full summary
OD6 Metals Ltd has announced a significant high-grade fluorspar discovery at North Horseshoe Canyon within its Quinn Fluorspar Project in Nevada, USA. The discovery includes rock-chip assays with up to 60% CaF2, indicating a new high-grade fluorspar zone. The mineralisation outcrops over 100m of strike length and remains open beneath cover potentially extending to the south for a >300m target zone. Geological interpretation suggests that the mineralised structure may continue for approximately 750m northeast beneath the lithocap towards Big Jim. The discovery of high-grade fluorspar at North Horseshoe Canyon and Big Jim, both locations where the Saw Mill Thrust outcrops, strengthens the case for testing its continuation beneath the lithocap and the prospective corridor south towards Horseshoe. This new zone is in the middle of the Company's fertile corridor, reinforcing the targeting model's effectiveness.