OD6 Metals identifies new clay-basins at Splinter Rock
Melbourne, Victoria
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November 20, 2023 01:30 PM Eastern Standard Time
OD6 Metals Ltd (ASX:OD6) MD Brett Hazelden tells Proactive the company is encouraged by the use of state-of-the-art modelling led by Australia’s national science agency, CSIRO, that reveals major extensions to clay-hosted rare earth element (REE) basins at the Splinter Rock REE Project in WA. The CSIRO has applied machine-learning technology and advanced 3D modelling to provide an enhanced interpretation of OD6’s Tempest Airborne Electromagnetic (AEM) survey data. This modelling, which compares well to existing drilling, has expanded clay basin areas at Splinter Rock.
Hazelden said: "With new clay-basins identified and more accurate estimates of our defined basin areas, the Splinter Rock clay REE is emergent as the pre-eminent clay REE project in Australia. We are particularly excited about the extensions to our existing prospects, but also the newly identified basins which significantly add to our already impressive scale.”
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