OD6 Metals Limited (ASX:OD6) Commences Surveys at Gulf Creek
Survey Initiation
OD6 Metals Limited (ASX:OD6) has commenced a ground-based electromagnetic geophysical and surface geochemistry survey at the Gulf Creek Copper VMS Project in New South Wales. This initiative aims to identify significant accumulations of conductive massive sulphide material at the site.
Geophysical and Geochemical Highlights
The geophysical survey will enhance the existing magnetic modelling by identifying new drill targets across several areas, including the old workings and proposed Phase 2 target zones. Concurrently, soil sampling will look for anomalous elements indicative of deeper mineralisation. Phase 1 drilling is scheduled to start this quarter.
Executive Insights
Brett Hazelden, Managing Director, stated, “OD6 has hit the ground running in 2025 at Gulf Creek. This new geophysical survey aims to identify volumes of potentially conductive massive sulphides to complement the areas of already identified strong magnetics.” Hazelden also highlighted the importance of surface geochemical sampling in identifying further mineralisation concentrations.
Future Outlook
OD6 Metals is advancing multiple initiatives, including completion of tenure transfer, analysis of FLEM geophysical results, and further sampling activities. Results from both geophysical and geochemical surveys are expected to be available in early 2025. The company aims to integrate historical data into its geological database and initiate Phase 1 drilling within the quarter.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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