Od6 Metals Ltd. · ASX:OD6
Od6 Metals — Merger or Acquisition (October 2024)
22 slides from Od6 Metals's merger presentation, Oct 30, 2024
Slide 1: Gulf Creek Copper Acquisition
For personal use only OCTOBER 2024 GULF CREEK COPPER ACQUISITION One of Australia’s highest grade copper mines that history forgot ASX:OD6
Slide 2: Important Information – Forward Looking Statements Disclaimer
IMPORTANT INFORMATION Forward Looking Statements Certain statements contained in this presentation, including information as to the future financial or operating performance of OD6 and its projects, are forward looking statements. Such forward looking statements: For personal use only Disclaimer Thi
Slide 3: Key Acquisition Points
Key Acquisition Points Strong near-term catalysts on a historic, underexplored high-grade VMS copper system For personal use only • High Grade Copper – Zinc VMS style deposit • Mined over 100 years ago (1896-1912) with +100m vertical and +300m strike • Underexplored with limited modern exploration c
Slide 4: Copper Macro – Economies and Electrification
COPPER MACRO1 – ECONOMIES AND ELECTRIFICATION Strong Demand-Supply Fundamentals Driving Strong Run for Copper For personal use only Copper Demand Copper Supply • In modern times, copper has been driven by demand for electricity • The world’s currently producing mines can only supply ~50% of with glo
Slide 5: Gulf Creek – Regional Setting for Classic VMS
Gulf Creek – Regional Setting for Classic VMS VMS systems are known to have multiple, high grade repeat structures For personal use only • Classic setting for Besshi Style Volcanogenic Massive Image – regional RTP magnetics with local Sulphide Deposit (VMS) 1 drone magnetics EL8492 • Silurian-Devoni
Slide 6: High Grade Copper Production History
High Grade Copper Production History One of Australia’s highest grade historic copper mines For personal use only • At Gulf Creek the copper occurs within three parallel sulphide lenses • Cornish Lode averaged 6 - 6.5% Cu • Middle Lode averaged 3 – 3.5% Cu • Big Lode averaged 2 – 2.5% Cu • Mine samp
Slide 7: Gulf Creek Historic Copper Mine
Gulf Creek Historic Copper Mine Virtually untouched since 1912 with significant potential for untested extensional repeat lodes For personal use only 1 1. Historic workings reconstructed from plans and sections digitised from NSW Geol Survey, 1901, 1904-1982, Assorted historic plans and maps. OD6 ME
Slide 8: Historic newspaper account of Gulf Creek lode
For personal use only After driving through sixteen feet of country rock, impregnated with metallic copper, a lode of black sulphide ore was struck averaging twelve per cent copper, which, without a doubt, is one of the finest copper lodes found in Australia. Other crosscuts were driven, and these p
Slide 9: Gulf Creek – Extensional Exploration
Gulf Creek – Extensional Exploration Strong potential for repeat high-grade VMS For personal use only structures with repeat blind structures identified • Strong association of magnetite with massive sulphide units as reported by UNE Thesis1 • 2021 drone magnetics2 matches known mineralization over
Slide 10: Magnetics and IP Chargeability Geophysics
Magnetics and IP Chargeability Geophysics Providing early and future targeting For personal use only Magnet suspended from magnetic rock sample from Gulf Creek. Refer also slide 2 on Long section1 view NE of historical workings showing I.P Survey chargability anomalies (drill targets) cautionary sta
Slide 11: Phase 1 Program Permitted
Phase 1 Program Permitted OD6 set to “hit the ground running” in Early 2025 with near term exploration activity For personal use only • A 14 hole, 1,500 to 3,000m diamond or RC drill program is planned, permitted and drill-ready • All flora, fauna, land access and native title permits in place • Dow
Slide 12: Regional Extensional Exploration Upside
Regional Extensional Exploration Upside Multiple untested comparable drill targets For personal use only • Historic Murchison Mine to the north – also associated with magnetic stratigraphy and reports of >4% Cu1 • Other significant folded magnetic stratigraphy completely untested with potentially ov
Slide 13: Excellent Proximity to Infrastructure
Excellent Proximity to Infrastructure Supporting Project Development N For personal use only Moree Solar Farm Copeton Hydro Power Station • Tier 1 Location Renewable Energy Renewable Zone (N1) • Ideally located ~400km by EL-8492 Energy Zone road to the Port of Newcastle. (N2) • Situated between two
Slide 14: Metallurgy likely to be simple
Metallurgy likely to be simple Not tested but did produce Copper Matte Historically For personal use only • No modern test work on fresh samples available1 • Sulphide ore means concentrator likely to be utilised • Two stage crushing • Two stage grinding mill • Staged flotation plant • Copper & Zinc
Slide 15: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only Gulf Creek has boundless potential to host a significant, high-grade Cu-Zn system & is open for business HIGH GRADE LITTLE TO NO MAGNETICS and PLANNED PHASE 1 LOW-CASH HISTORICAL EXPLORATION IP ANOMALIES PROGRAM, ACQUISITION TERMS COPPER-ZINC IN OVER 100 N
Slide 16: Corporate Snapshot
CORPORATE SNAPSHOT High Calibre Leadership Team And Tight Capital Structure For personal use only Capital Structure ASX: OD6 Price per share1 A$0.029 Total number of shares on issue 1 128.69M Performance rights and options1 41.55M Market capitalisation (undiluted)1 A$3.73M Wayne Mr Brett Dr Darren M
Slide 17: Globally Significant Clay Hosted Rare Earth Project
Globally Significant Clay Hosted Rare Earth Project Gulf Creek Acquisition to Compliment the Splinter Rock Project whilst Rare Earth Prices Recover For personal use only Splinter Rock Highlights • Located in one of the world’s great mining jurisdictions proximate to key infrastructure Centre • 682Mt
Slide 18: Contact Us
CONTACT CONTACTUS For personal use only US REGISTERED OFFICE LUCAS ROBINSON c/o LCP Group Investor Relations Level 1, 50 Kings Park Road lucas@corporatestorytime.com West Perth WA 6005 +61 408 228 889 Phone: +61 8 6189 8515 Email: info@od6metals.com.au SHARE REGISTRY Computershare Investor Services
Slide 19: Appendix 1: Gulf Creek History
Appendix 1: Gulf Creek History 1896 Discovery of high-grade gossanous samples at surface at Gulf Creek. Maitland Daily Mercury (1901) 1896-1912 Underground mine and on-site smelter – for a period, the best in the country employing 300 to 500 workers (Carne, 1908, Maitland Daily For personal use only
Slide 20: Appendix 2: Gulf Creek References
Appendix 2: Gulf Creek References - (1899) Gulf creek Copper Mines. Manilla Express, 29 July 1899, Page 2. Source: Trove: National Library of Australia - (1901) Gulf Creek Copper Mine. The Maitland Daily Mercury, 10 May 1901, P.3. Source: Trove: National Library of Australia For personal use only -
Slide 21: Appendix 3: Historic Photo
Appendix 3: Historic Photo For personal use only “Gulf Creek” Sydney Mail & NSW Advertiser, 20 July 1901 OD6 METALS | AUSTRALIAN CRITICAL MINERALS 21
Slide 22: Appendix 3: Historic Photo
Appendix 3: Historic Photo For personal use only “Gulf Creek” Sydney Mail & NSW Advertiser, 20 July 1901 OD6 METALS | AUSTRALIAN CRITICAL MINERALS 22