Od6 Metals Ltd. · ASX:OD6
Od6 Metals — RIU Sydney Conference 2023
18 slides from Od6 Metals's conference presentation, May 9, 2023
Slide 1: Australian Critical Rare Earth Minerals
For personal use only Australian Critical Rare Earth Minerals RIU Sydney Conference 9 May 2023 ASX I OD6 1
Slide 2: Important Information
Important Information For personal use only Disclaimer Forward Looking Statements This presentation has been prepared by OD6 Metals Ltd (ACN 654 839 602) (OD6) and is current as Certain statements contained in this presentation, including information as to the future financial or at the date of this
Slide 3: Globally Significant Clay Hosted Rare Earth Discovery
Globally Significant Clay Hosted Rare Earth Discovery 100% Owned For personal use only • 4,828 km2 tenement package • Multiple large-scale prospects identified • Grades averaging >1,000ppm TREO @ ~22% MagREO • 10-80m thick intersections, near surface • 60 to 75% average acid leach recoveries • 250km
Slide 4: Rapid Exploration Progress Since IPO
Rapid Exploration Progress Since IPO Doing what we said we would do For personal use only IPO CSIRO engaged Continued Drilling High-grade REEs Bumper REE and for REE excellent drilling commences identified at grades at ASX Listing exploration success at Grass Patch Grass Patch Splinter Rock A$8M rai
Slide 5: Insatiable Demand for Rare Earth Magnets
Insatiable Demand for Rare Earth Magnets A growing NdPr rare earth supply deficit For personal use only MagREO demand forecast (t)1,2 • Transitions from carbon to renewable economy - strong demand for critical MagREO Approximately 8.6% CAGR 246,111 • 8.6% expected compound annual growth rate 168,200
Slide 6: New Australian Supply Urgently Needed
New Australian Supply Urgently Needed Mine concentration is a significant risk to the global supply chain For personal use only Existing global mine production (t) 140,000 China continues to dominate both mine production and downstream processing Diversity of supply is a priority for governments 30,
Slide 7: Highly Targeted Exploration Program
Highly Targeted Exploration Program Airborne Electromagnetic (AEM) Success For personal use only Salt water • AEM has facilitated mapping of clay locations, expanse and potential thickness A • 250km2 of clay basins mapped Salt water • Clays are conductive, and are readily mapped with AEM (yellow to
Slide 8: Splinter Rock Geology
Splinter Rock Geology Heavily enriched in Rare Earths A For personal use only • Splinter Rock tenure and exploration model targeting clay basins fed by REE weathering of Booanya granites • The strong enrichments in REE distinguishes Booanya granites from all other granite groups in the Esperance are
Slide 9: Four Significant Prospects at Splinter Rock
Four Significant Prospects at Splinter Rock Thickness x Area x Density = Massive Potential Scale For personal use only A X Y B Clay AEM AEM Clay Cover Met Leach Prospect TREO Grade # MagREO % # Thickness width x length Basin Area Thickness Recovery Scrum 1,000 to 1,290ppm 23 to 24% 10 to 48m 1-5km x
Slide 10: Comparison Scale to Sydney Harbour
Comparison Scale to Sydney Harbour Multiple Sydney Harbour's For personal use only OD6 tenement • Sydney Harbour is 55 km2 (1) Prospect area (rare earth clay basin) • Sydney to Parramatta is ~20km Scrum Centre Prospect Prospect • AEM Clay Basins Mapped Sydney Harbour • Centre - 136 km2 Scale • Prop
Slide 11: Deep REE Clay Basins Drilling Success
Deep REE Clay Basins Drilling Success The thickest and highest grade in Australia For personal use only • Near surface, thick clay basins • 60 to 70m thick mineralised clays • Predicted by AEM to continue along strike for kilometres • 55m @ 1,781ppm TREO • 71m @ 1,330ppm TREO X Y • 69m @ 1,483ppm TR
Slide 12: Strong Metallurgical Results
Strong Metallurgical Results Identifying the best metallurgical areas For personal use only Centre Prospect • Very high metallurgical recoveries achieved using simple 54% to 78% acid leach recoveries (average 62%) three samples Scrum • Highest recoveries are in clay basins and channels away Prospect
Slide 13: Next Round of Drilling to Commence
Next Round of Drilling to Commence Pursuing the “Best of the Best” For personal use only Centre Prospect • 188 hole, 10,000m drill program 54% to 78% recoveries due to start in June 2023 (average 62%) three samples Scrum • Highly targeted utilising AEM Prospect 64% recovery from single • Focus on te
Slide 14: Targeting a Maiden Mineral Resource Estimate
Targeting a Maiden Mineral Resource Estimate For personal use only All key elements present for maximum economic potential TREO MagREO Grade MagREO Thickness Leachability Exceptional Valuable Extensive clay Very high clay rare earth grades magnet rare earth thickness with metallurgical returned at m
Slide 15: Grass Patch Project
Grass Patch Project Three high-potential Prospect areas confirmed For personal use only • High-grade clay REEs successfully identified in 93-hole reconnaissance drilling program • Grades of up 3,340ppm TREO with up to 38.5% MagREO encountered • Thick clays encountered of up to 59m (average range of
Slide 16: Corporate snapshot
Corporate snapshot High calibre leadership team, tight capital structure and well funded For personal use only Capital Structure ASX: OD6 Price per share1 A$0.31 Total number of shares on issue2 102.45M Performance rights and options2 32.70M Market capitalisation (undiluted)1 A$31.76M Dr Darren Mr B
Slide 17: Investment Highlights
Investment Highlights For personal use only 1 Dominant land holding near Esperance port 100% interest in a vast tenement package with multiple rare earth mineralised prospects 2 Targeting critical rare earth element materials Consumption of rare earth magnets expected to triple by 2035 Globally sign
Slide 18: Contact us
For personal use only Contact us Registered Office c/o LCP Group Level 1, 50 Kings Park Road West Perth WA 6005 Phone: +61 8 6189 8515 Email: info@od6metals.com.au Share Registry Computershare Investor Services Level 11, 172 St Georges Tce Perth WA 6000 www.od6metals.com.au ASX I OD6