OD6 Metals (ASX:OD6) has announced promising assay results from its Gulf Creek Project in New South Wales. The findings indicate considerable copper mineralization, with rock chip samples showing up to 6.49% copper. Potential by-products like silver, zinc, and cobalt were also identified, along with anomalous gold presence.
OD6 Metals Limited has made significant discoveries at its Gulf Creek Project, revealing high-grade copper assays and potential by-products like silver, zinc, and cobalt. The project, which includes massive sulphide and magnetite-sulphide units, shows promise for high-value concentrate production. Historical mining at Gulf Creek yielded notable copper grades, and little modern exploration has been conducted since. OD6 aims to apply advanced techniques, including 3D inversion modeling and systematic drilling, to further explore these resources. The company's strategic focus on critical minerals positions it for potential growth in the sector.
The assays have revealed up to 11.75 g/t silver and 2.1% zinc, suggesting the potential for valuable by-products. The presence of high iron and unexpectedly high cobalt grades adds to the by-product potential.