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OD6 Metals Initiates Core Drilling for Rare Earth Optimization

Story Highlights
  • OD6 Metals starts core drilling at Splinter Rock for heap leach optimization.
  • The program aims to refine processes and increase JORC resources, enhancing project efficiency.
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OD6 Metals Initiates Core Drilling for Rare Earth Optimization

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OD6 Metals Ltd. ( (AU:OD6) ) just unveiled an update.

OD6 Metals Limited has commenced a metallurgical diamond core drilling program at its Splinter Rock Rare Earth Project in Western Australia. The initiative aims to deliver bulk samples for heap leach optimization and offtake discussions, targeting early-stage mining areas. This program is expected to enhance the company’s operational efficiency by refining the heap leach and impurity removal processes, potentially increasing the existing JORC Indicated Resource. The project is strategically supported by partnerships with ANSTO and CPC Engineering, which guide the development pathway and optimize project economics.

More about OD6 Metals Ltd.

OD6 Metals Limited is a company operating in the rare earth industry, focusing on the exploration and development of rare earth projects. Its primary product includes Total Rare Earth Oxide (TREO), and it is engaged in optimizing heap leach processes to improve the extraction and processing of rare earth elements. The company is strategically positioned in the market with its Splinter Rock Rare Earth Project in Western Australia, which hosts significant mineral resources.

Average Trading Volume: 1,890,917

Technical Sentiment Signal: Buy

Learn more about OD6 stock on TipRanks’ Stock Analysis page.

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