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OD6 Metals Limited (ASX:OD6)

ALERT: Price-sensitive ASX Announcement for OD6
Current share price for OD6 : $0.110 -0.015 (-12%)+
Announcement
Release
12 Aug 2026 8:28AM
Price at Release
$0.125
Full Release
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Summary
OD6 Metals Limited reported encouraging ore sorting results for the Quinn Fluorspar Project, indicating the potential for low-cost product upgrading. Using TOMRA’s advanced ore-sorting technology, the project demonstrated the ability to separate high-grade fluorspar from waste, effectively rejecting early-stage waste and thereby reducing downstream processing requirements. Exceptional natural grades were confirmed across various domains, such as Big Jim, which returned a 98.3% CaF2 head assay. The metallurgical program by Core Resources is advancing as planned, focusing on grind optimization, heavy media separation, and flotation. Given the strategic significance of high-grade fluorspar in the US, the company is set to conduct larger-scale sorting trials to further refine its processing approach.
Key Points
  • OD6 Metals Limited has reported promising ore sorting results from the Quinn Fluorspar Project.
  • The project demonstrates potential for low-cost upgrading using TOMRA's laser and XRT ore-sorting technology.
  • The Quinn Project involves different mineralization domains such as Big Jim, Blue Bell, Horseshoe, and Mammoth.
  • Exceptional natural grades were observed, with Big Jim returning 98.3% CaF2 by head assay.
  • Ore sorting can reject early waste, reducing power, reagent consumption, and water usage.
  • The Core Resources metallurgical program is progressing with grind optimization, HSM, and flotation techniques.
  • The US is a significant potential market for the high-grade fluorspar as it's a critical mineral.
  • Future steps include larger-scale ore-sorting trials and integrating processing flowsheets.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.