OD6 Metals Expands High-Grade Copper Exploration at Gulf Creek

Ambitious Expansion of High-Grade Copper Project Underway

OD6 Metals has secured regulatory approval for an 18-hole, 5,000-meter drilling campaign at the Gulf Creek Copper Project in New South Wales. This Phase 2 program builds on the company's successful maiden drilling results and aims to test potential repeat structures identified through magnetic modelling.

The approved program will focus on previously untested prospects including North West and West Limb, with a second approval request for an additional 7-hole, 2,500-meter program already submitted. This follow-up drilling will target areas proximate to the initial successful 6-hole program and includes the Big Bend prospect.

"We're delighted to receive approval to follow up and expand on our recent maiden drilling results, which confirmed the presence of high-grade copper, zinc and silver at the Gulf Creek Copper Project," said Brett Hazelden, Managing Director of OD6 Metals. "We are excited by the prospect of testing what we believe may be potential repeat VMS zones at the Gulf Creek Copper Project."

Strategic Targets Based on Advanced Geophysics

The Phase 2 drilling strategy is guided by sophisticated magnetic modelling that has revealed a strong relationship between footwall magnetism and massive sulphides. The program targets three key prospects:

1. North West – Previously untested magnetic anomaly
2. West Limb – Located along strike from the historical mining area
3. Big Bend – Part of the second approval request

These targets represent just a portion of the more than 3km of untested strike in the immediate Gulf Creek mine stratigraphy, suggesting significant exploration upside.

Understanding VMS Deposits: Key to Gulf Creek's Potential

Volcanogenic Massive Sulphide (VMS) deposits like Gulf Creek are valued for their polymetallic nature, often containing economic amounts of copper, zinc, lead, silver, and gold. These deposits typically form in clusters or "camps" along favourable geological horizons, which explains OD6's focus on testing multiple parallel structures.

VMS deposits are characterised by:

• Formation in submarine volcanic environments
• Tight clustering along favourable horizons
• Strong magnetic signatures due to associated magnetite
• Potential for high-grade, relatively compact orebodies

OD6's magnetic modelling has identified several anomalies with signatures similar to the known Gulf Creek mineralisation, suggesting the potential for multiple VMS deposits along the 3km strike length.

Historical Significance with Modern Exploration Approach

Gulf Creek holds a distinguished place in Australian mining history, having been one of Australia's highest-grade copper-zinc mines until its closure in 1912 due to weak copper prices. Historical records indicate the mine produced copper at grades ranging from 2% to 6.5% Cu, making it one of the highest-grade copper mines in NSW at the time.

Remarkably, very little modern exploration has been conducted at Gulf Creek in over 100 years, creating a rare opportunity for OD6 to apply contemporary exploration technologies to a historically productive mining area.

Near-Term Catalysts and Development Timeline

OD6 Metals is moving quickly to advance the OD6 Metals Gulf Creek drilling program. Furthermore, the company anticipates:

• Second drilling approval expected in the coming weeks
• Phase 2 drilling to commence shortly after all approvals received
• Ongoing geophysical interpretation to refine additional targets
• Potential for resource definition if Phase 2 drilling confirms continuous mineralisation

Investors should watch for the second approval announcement and subsequent drilling results, particularly from the previously untested prospects that could significantly expand the project's scale.

Investment Potential: Diversified Critical Minerals Portfolio

OD6 Metals offers investors exposure to two critical mineral opportunities:

1. Gulf Creek Copper-Zinc Project (NSW)

   • Historical high-grade copper-zinc mine
   • Over 3km of untested strike with multiple VMS targets
   • Located in mining-friendly jurisdiction with existing infrastructure

2. Splinter Rock Rare Earths Project (WA)

   • Australia's largest and highest-grade clay-hosted rare earths deposit
   • Indicated Resource of 119Mt @ 1,632ppm TREO
   • Inferred Resource of 563Mt @ 1,275ppm TREO
   • Approximately 23% high-value Magnetic Rare Earths

This dual focus on copper (essential for electrification) and rare earth elements (critical for permanent magnets and clean energy) positions OD6 at the forefront of the energy transition materials sector.

Why Investors Should Follow OD6 Metals

OD6 Metals represents a compelling opportunity for investors interested in the critical minerals sector:

1. Diversified critical minerals exposure across copper/zinc (Gulf Creek) and rare earth elements (Splinter Rock)
2. Significant exploration upside at Gulf Creek with multiple untested targets along a 3km strike length
3. Historical high-grade production validates the mineral potential at Gulf Creek
4. Australia's largest clay-hosted rare earths resource at Splinter Rock provides additional growth pathway
5. Experienced management team with track record in resource development

With drilling approvals now secured and operations set to resume at Gulf Creek, OD6 is entering an active news flow period that could drive significant value creation as exploration results are reported.

Key Takeaway:
"OD6 Metals has positioned itself as a key player in the critical minerals sector, with significant upside potential due to its twin-focus on high-grade copper exploration at Gulf Creek and Australia's largest clay-hosted rare earths resource at Splinter Rock. With imminent drilling at Gulf Creek targeting multiple untested prospects along a 3km strike, investors should closely monitor developments in the coming months."

Ready to Invest in Australia's Critical Minerals Future?

Discover OD6 Metals' compelling dual strategy across high-grade copper-zinc and Australia's largest clay-hosted rare earths deposit. With drilling approvals secured for the Gulf Creek Copper Project and an extensive 3km strike length of untested targets, OD6 represents a significant opportunity in the critical minerals sector. Visit OD6 Metals' website to learn more about their projects and position your portfolio for the global energy transition.