OD6 Metals (ASX:OD6) Launches Maiden Drill Program at Gulf Creek
Drill Program Commenced
OD6 Metals Limited has commenced a maiden drill program at its Gulf Creek Copper VMS Project in New South Wales. The initial ~2,000m combined reverse circulation and diamond drilling aims to test the continuity of known high-grade mineralisation and VMS structures along strike and at depth. The program focuses on historical workings and utilizes recently completed geophysical modelling to identify high-priority targets. Downhole EM and magnetics will be employed to discover new mineralisation zones and extensions. The drill campaign is expected to run for 6 to 8 weeks, with assay results to be reported progressively.
Executive Comments
Managing Director Brett Hazelden stated, “After only announcing the acquisition late last year, we are excited to see the drill bit turning at the historical high-grade Gulf Creek Copper Mine. This is a testament to the team’s hard work and commitment to the Project, as well as the significant opportunity that exists at Gulf Creek, which has not seen a drill hole in over 60 years. The initial program is aimed at extending the known high-grade mineralisation at Gulf Creek, which historically mined average grades between 2 to 6.5% copper, with areas up to 12% copper. Success has the potential to create significant value for our shareholders and we look forward to keeping the market updated, on what could be a transformational period for the Company.”
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