OD6 Metals Ltd. Announces Significant Fluorspar Discoveries in Nevada
Key points
- Completed acquisition of high-grade Quinn Fluorspar Project in Nevada
- Exceptional high-grade fluorspar mineralisation confirmed at Horseshoe
- Significantly expanded high-grade exploration footprint
- Highly encouraging preliminary TOMRA ore-sorting results
- Advanced US Government engagement and strategic positioning
Full summary
OD6 Metals Limited has completed the acquisition of the high-grade Quinn Fluorspar Project in Nevada, USA, consolidating 100% ownership of 226 mining claims covering approximately 1,890 hectares within a historically productive fluorspar district. The acquisition has led to the confirmation of exceptional high-grade fluorspar mineralisation at Horseshoe, with revised channel sampling results including 50m @ 79.3% CaF2, 22m @ 78.8% CaF2, and 15m @ 85.8% CaF2. The company has also significantly expanded the high-grade exploration footprint through new discoveries and geological interpretation. Preliminary TOMRA ore-sorting results are highly encouraging, demonstrating the ability to distinguish high-grade fluorspar mineralisation from lower-grade material and waste. The company has also advanced its US Government engagement, completing SAM.gov registration and securing membership of the US Defense Industrial Base Consortium (DIBC).
Outlook
The company is well positioned to maintain momentum across exploration, permitting, metallurgical testwork, and development activities, with a strong financial position following a recent capital raising.
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