Od6 Metals Ltd. · ASX:OD6
Od6 Metals — Investor Presentation (July 2023)
25 slides from Od6 Metals's investor presentation, Jul 18, 2023
Slide 1: Australian Critical Rare Earth Minerals
For personal use only Australian Critical Rare Earth Minerals Investor Presentation I 18 July 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 project areas For personal use only • 344Mt @ 1,308ppm TREO Inferred Resource at a 1,000ppm cut off grade at Splinter Rock • MagREO represent an average of ~23% of TREO grade • 10-80m thick intersections • 60 to 75% average acid leach
Slide 4: Insatiable Demand For Rare Earth Magnets
Insatiable Demand For Rare Earth Magnets A growing MagREO rare earth demand and 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 growt
Slide 5: 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 2022 Existing global mine production (t) 140,000 China continues to dominate both mine production and downstream processing Diversity of supply is a priority for government
Slide 6: Rapid Exploration Progress Since Listing
Rapid Exploration Progress Since Listing Delivering on our commitments to shareholders For personal use only 1. Drilling 3. Immediate 5.Airborne 7. Second phase 9. Very high 11. Third phase commences at outstanding Electromagnetic drilling complete metallurgical drilling underway Splinter Rock drill
Slide 7: Highly Targeted Exploration Program
Highly Targeted Exploration Program Airborne Electromagnetic (AEM) Success For personal use only • AEM has facilitated mapping of clay locations, expanse and potential thickness A • 250km2 of clay basins mapped • Clays are conductive, and are readily mapped with AEM (yellow to red colours). • Granit
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 X of Booanya granites • The strong enrichments in REE distinguishes Y Booanya granites from all other granite groups in the Esperance
Slide 9: 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 X Y 71m @ 1,330ppm TREO 69m @ 1,483ppm TREO 68m
Slide 10: Mineral Resource Modelling
Mineral Resource Modelling <5% of identified clay basins included in Mineral Resource Estimate For personal use only Centre Prospect 149Mt @1,423 ppm TREO Scrum Prospect 120Mt @1,222 ppm TREO Prop Prospect 33Mt @1,180 ppm TREO Flanker Prospect 42Mt @1,246 ppm TREO 10
Slide 11: Splinter Rock Mineral Resource Estimate
Splinter Rock Mineral Resource Estimate At 1,000 ppm cutoff grade For personal use only Tonnes TREO Pr6O11 Nd2O3 Tb4O7 Dy2O3 MagREO MagREO Prospect Category (Mt) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (% of TREO) Centre Inferred 149 1,423 71.2 244.6 2.6 14.1 329 23.1 Scrum Inferred 120 1,222 57.7 208.1
Slide 12: Splinter Rock Mineral Resource Estimate
Splinter Rock Mineral Resource Estimate Focused on quality over quantity of resource For personal use only P Cut-off grade Tonnes TREO Contained TREO MagREO MagREO Contained MagREO (ppm TREO) (Mt) (ppm) (k tonne) (ppm) (% of TREO) (k tonnes) 400 1,141 869 992 198 22.7 225 600 838 1,006 842 230 22.9
Slide 13: MRE TREO Value and Distribution
MRE TREO Value and Distribution Nd, Pr, Dy, Tb represent ~90% of potential contained value For personal use only TREO REE value TREO % distribution Value Distribution Nd2O3 54.7% 16.8% Nd2O3 MagREO Pr6O11 15.0% 4.8% Tb4O7 Dy2O3 10.4% 1.1% Tb4O7 9.0% 0.2% La2O3 Pr6O11 MagREO Gd2O3 2.6% 1.5% is ~90% C
Slide 14: Phase Drilling Continues At Splinter Rock
Phase 3 Drilling Continues At Splinter Rock Pursuing the “Best of the Best” For personal use only Centre Prospect • 188 hole, 10,000m drill program 54% to 78% commenced in June 2023 recoveries (average 62%) three samples Scrum • Highly targeted utilising AEM Prospect 64% recovery from single • Focus
Slide 15: Strong Metallurgical Results
Strong Metallurgical Results Identifying the best metallurgical areas For personal use only • Very high metallurgical recoveries achieved using Centre Prospect simple acid leach 54% to 78% recoveries • Highest recoveries are in clay basins and channels away (average 62%) from granites margins Scrum
Slide 16: Indicative Processing Steps
Indicative Processing Steps Simplified process map to deliver rare earth products For personal use only MREC/H Excavate Mine near surface clays Transport Clays to processing plant Screen Coarse material removal Acid leach Rare Earths leached into solution Purify Removal of impurities Precipitate Rar
Slide 17: Maximising Economic Potential
Maximising Economic Potential 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 multiple, elemen
Slide 18: Pursuing The Best Of The Best
Pursuing The Best Of The Best A disciplined approach to maximising value For personal use only Explore Design Evaluate • Identify high-grade, • Optimise leach • Pursue “Best of the ‘sweet-spot’ REE recovery and Best” grade, recovery, zones impurity removal stripping ratio and acid consumption • Aggr
Slide 19: Sustainably Creating Value
Sustainably Creating Value For personal use only Acting with integrity to responsibly deliver rare earth resources for a low carbon future Our sustainability priorities: ESG Workplace health Aboriginal Business ethics and saftey and engagement, mental health heritage and Traditional Owners Our aim i
Slide 20: 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$0.225 Total number of shares on issue2 102.45M Performance rights and options2 32.70M Market capitalisation (undiluted)1 A$23.05M Dr Darren Mr
Slide 21: 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 22: Appendix
For personal use only ASX I OD6 Appendix
Slide 23: Immense 4,828km2 tenement package
Immense 4,828km2 tenement package Multiple large-scale prospects identified For personal use only 23
Slide 24: 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 25: 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