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- OD6 Metals (OD6) observes clay thicknesses at its Splinter Rock project in Western Australia that correlate with recently-completed electromagnetic survey data
- The observations come from the second round of aircore drilling at the project, undertaken to infill and test the localised consistency of clay thickness, grade and mineralogy
- Once received, the assay results from the aircore work will be used to optimise drill spacing for future resource estimation
- Additionally, metallurgical work is being completed on samples from the area, which OD6 says will provide “essential” information on expected potential recoveries
- OD6 shares are trading at 26 cents at 10:28 am AEDT
OD6 Metals (OD6) has observed clay thicknesses at its Splinter Rock project in Western Australia that correlate with recently-completed electromagnetic survey data.
The latest observations come from the second round of aircore drilling at the project, undertaken to infill and test localised consistency of clay thickness, grade and mineralogy.
OD6 said it noted thick saprolite clay horizons across its four main prospects, Prop, Flanker, Centre and Scrum, with samples currently being assayed for rare earth elements.
Drilling has wrapped up, and assays are expected during April.
The company’s Managing Director, Brett Hazelden, said that once received, the results would be fundamental to OD6’s understanding of the project’s geology and would help inform future drill programs.
“We are delighted to confirm that the clay thicknesses observed, strongly correlate with, and hence validate, the recently completed airborne electromagnetic survey data,” Mr Hazelden said.
“Metallurgical test work being undertaken by a specialist team at ANSTO will provide essential information relating to expected potential future recoveries at various sample sites within our clay basin areas.
“We expect the results to display a range of recovery outcomes allowing us to focus effort on areas for advanced-stage infill drilling”.
OD6 is aiming to announce an exploration target in the second quarter of this year.
Company shares were trading at 26 cents at 10:28 am AEDT.
