Highlights: • Outstanding initial assay results from 78 holes of the completed 145-hole program. • Grades of up to 4,159 ppm Total Rare Earth Oxides (TREO) returned, with extensive clay thickness of up to 56m at consistently high grades. • Clays confirmed across a 11km length at Prop with widths between 4 to 5km. • Returned assays in 61% of holes show grades in excess of 1,000ppm TREO. • High value Magnet Rare Earth Oxides (MREO) represent an average of ~21% of TREO grade. • Drill results strongly correlate with interpreted data from Airborne Electromagnetic Survey (AEM), validating geological modelling and exploration program design. • Real and substantial potential for Mineral Resource expansion based on these results. • Pending assay results at Centre are expected to be progressively received over the coming weeks. • All assays using 4-acid soluble digestion (i.e. does not assay for resistate non-acid soluble REE minerals). • The Phase 3 drill program received funding through the Western Australian Government’s Exploration Incentive Scheme Co-funded drilling program.
OD6 Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
