“Completion of the airborne electromagnetic survey is a milestone step in exploration activities across our vast tenure. Preliminary interpretation has focused on the four main high-grade rare-earth prospect areas at Splinter Rock with data processing and comparative analysis demonstrating very strong correlation with our current exploration model.
Given the sheer scale of our tenure, mapping clays in this way enables optimisation of exploration activities through informed, targeted future drilling. With drilling showing clay thicknesses of between 10 to 30m at our high grade prospects to date, the potential to expand and replicate this across the combined 253 square kilometres of target areas identified, suggests this could be the beginnings of defining a truly world scale project.
We are delighted with our progress to date, with further data processing, analysis and modelling of prospects within Splinter Rock and Grass Patch to occur through the first quarter of 2023.”
OD6 Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
