OD6 Metals (ASX: $OD6) announces doubling of rare earth Mineral Resource Estimate

OD6 Metals Limited (ASX: $OD6) has announced a significant milestone with the doubling of the Mineral Resource Estimate (MRE) for its Splinter Rock Rare Earth Project located northeast of Esperance, Western Australia. The total resource now stands at 682Mt at 1,338ppm Total Rare Earth Oxide (TREO) at a 1,000ppm cut-off grade, including an Indicated Resource of 119Mt at 1,632ppm TREO at Inside Centre.

Executive Commentary on Mineral Resource Estimate Update

This Mineral Resource Estimate sets OD6 apart from any other clay hosted rare earth project in Australia, and highlights Splinter Rock to be one of the largest and highest-grade projects globally. The MRE has significant further upside based on the identified clay basins that remain open in multiple directions or have yet to be drill tested. The Inside Centre Prospect, with an Indicated Resource of 119Mt at an average grade 1,632ppm TREO, will be the main focus of the planned Scoping Study due for completion at the end of this calendar year. The metallurgical recoveries of ~60%, along with an anticipated low stripping ratio, plus low acid consumptions, no private royalties, access to green- energy generation potential, proximity to port and strategic location away from farm land, sets the project apart from so many of clay hosted deposits around the world.

Summary of Rare Earth Mineral Resource Estimate and Outlook

OD6 Metals Limited (ASX: $OD6) has reported a doubling of the Mineral Resource Estimate for its Splinter Rock Rare Earth Project, positioning it as one of the largest and highest-grade projects globally. The company's focus on the Inside Centre Prospect, with an Indicated Resource of 119Mt at an average grade 1,632ppm TREO, is expected to drive the planned Scoping Study due for completion at the end of this calendar year. The project's metallurgical recoveries, low stripping ratio, low acid consumptions, absence of private royalties, access to green-energy generation potential, proximity to port, and strategic location away from farm land, distinguish it from other clay hosted deposits worldwide. OD6's ambitions to continue infill drilling, metallurgical studies, and geological work, as well as the ongoing Scoping Study, demonstrate its commitment to further developing and evaluating the potential of the Splinter Rock Rare Earth Project.