InvestSMART

Odessa Minerals Limited (ASX:ODE)

ALERT: Price-sensitive ASX Announcement for ODE
Current share price for ODE : $0.022 0 (0%)+
Announcement
Release
15 Jun 2026 9:27AM
Price at Release
$0.022
Full Release
download
Summary
Odessa Minerals Limited has provided an exploration update for the Lockier Range, highlighting the company's 100% interest in the OD4 Noonie Pty Ltd, which holds the exploration license EL09/2649. The region is promising for carbonatite-hosted rare earth elements and lithium-bearing pegmatites. Geochemical and radiometric surveys have been conducted, revealing anomalies indicative of these mineral systems. Further sampling and evaluation are planned to refine lithium distribution and assess the pegmatite system's fertility, with a focus on developing drill-ready targets. Odessa remains well-funded, following a recent $2.65 million placement, and continues to pursue high-quality project opportunities worldwide.
Key Points
  • Odessa holds 100% interest in Lockier Range through OD4 Noonie Pty Ltd.
  • Exploration license EL09/2649 is promising for rare earth elements and lithium.
  • Geochemical and radiometric surveys indicate potential carbonatite and pegmatite systems.
  • Further sampling and evaluation are underway to refine target areas.
  • Odessa is financially supported by a recent $2.65 million placement.
  • The company is actively seeking additional project opportunities globally.
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.