Od6 Metals Ltd. · ASX:OD6
Od6 Metals — Australian National University Rare Earth Conference 2022
28 slides from Od6 Metals's conference presentation, Nov 2, 2022
Slide 1: Australian Critical Rare Earth Minerals – Technical Presentation
For personal use only Australian Critical Rare Earth Minerals Australian National University Rare Earth Conference – Canberra Technical Presentation 2 November 2022 ASX I OD6
Slide 2: Important Information – Disclaimer
Important Information Disclaimer For personal use only This presentation has been prepared by OD6 Metals Ltd (ACN 654 839 602) (OD6) and is current as at the date of this document. The information contained in this presentation is for informational purposes only and does not constitute an offer to i
Slide 3: Massive Landholding – Bigger than the ACT
Massive Landholding – Bigger than the ACT For personal use only Substantial 4,828 km2 tenement package of Clay Hosted Rare Earth Projects Both projects are the size of the Australian Capital Territory (ACT) Close to existing port, sealed roads and essential infrastructure 3
Slide 4: Regional Geology
Regional Geology For personal use only Yilgarn Tectonic plate boundary zone, intruded by granitoids ~1.2B years ago Glaciation ~250 million years ago resulted in deep weathering Recent highly acidic ground water and topographic differences may have mobilized REEs into the groundwater. Refer to Indep
Slide 5: Metallogenic Model
Metallogenic Model For personal use only The clay rare earth mineral enrichment is considered to be formed from weathering of the granites in the area REE bearing minerals such as monazite and xenotime have weathered to clay and phosphates such as rhabdophane (hydrous REE minerals potentially dissol
Slide 6: Project Geology
Project Geology The Splinter Rock tenure and For personal use only exploration model has targeted Booanya granites They are described in Geoscience Australia’s database as “heavily enriched in REE” The strong enrichments in REE distinguishes granites of the Booanya Suite from all other granite group
Slide 7: Booanya Granite Rock Sample
Booanya Granite Rock Sample Example of Booanya Granite from the Buraminya area, Splinter Rock project For personal use only 7
Slide 8: Elevation Change
Elevation Change For personal use only 249 The significant elevation change called the “Ravensthorpe Ramp” may be a key exploration 26 driver of potential clay types, deposition thickness, grade and future REE recoveries Splinter Rock Elevation Model 8
Slide 9: Regional Ground Water
Regional Ground Water For personal use only CSIRO ET Hydro database shows the northern Esperance regional ground waters to be acidic and hypersaline Source CSIRO ET Hydro 9
Slide 10: Ground Water has Dissolved REEs
Ground Water has Dissolved REEs For personal use only There are high concentrations of REEs in the ground waters Potentially from a local source being acid leached Source CSIRO ET Hydro 10
Slide 11: Splinter Rock Historic Drilling
Splinter Rock Historic Drilling Six granted exploration For personal use only licenses spanning 2,579km2 A Historic high grade TREO Veg / Topo Anomaly Target Area drill intercepts across a 30km drilling traverse Splinters (>12sq.km target) Hole: SAC233 20m @ 1467ppm TREO inc. 30km A-B traverse 11m @
Slide 12: Splinter Rock Cross Section
Splinter Rock Cross Section For personal use only Intersections up to 37m in thickness over the historic drilling traverse close to surface NdPr oxides make up over 20% of the total TREO basket in higher grade zones A A’ Refer to Independent Geological Report in the Company Prospectus for further in
Slide 13: Splinter Rock Drilling Recently Completed
Splinter Rock Drilling Recently Completed For personal use only Initial 179-hole AC drilling program completed Extensive clays encountered across 100km of drill lines Drill depths up to 110m Assay results to be received through Q4 2022 Refer to Drilling Complete at Splinter Rock REE Project, (ASX an
Slide 14: Initial Clay Mapping Success at Splinter Rock
Initial Clay Mapping Success at Splinter Rock For personal use only CSIRO and OD6 Metals are collaborating on techniques to improve rare earth exploration • Identified clays of 10-50m in thickness • Clays zones of multiple kms in length • Enables future targeted drilling of shallow, thick clay horiz
Slide 15: Airborne Electromagnetics – Clay Mapping
Airborne Electromagnetics – Clay Mapping For personal use only Airborne geophysics survey across Splinter Rock and Grass Patch to be completed during October 2022 Aiming to identify and map clay locations, expanse, depth and thickness across all granted OD6 Tenements Analysis of data to be completed
Slide 16: REE Basket
REE Basket For personal use only Neodymium 15.5% Historic assays show a variety of REEs present Praseodymium 4.5% Importantly, Magnetic Cerium 37.0% Dysprosium 2.1% Rare Earth Oxides Terbium 0.4% make up >20% of the Estimated OD6 REE Basket REE Basket Yttrium 11.9% Clay based REEs have a bias toward
Slide 17: Geo-Metallurgical Program
Geo-Metallurgical Program For personal use only OD6 geo-metallurgical testwork to Preliminary metallurgical Commence in Q4 2022 testwork by other companies with similar styles of clay REE in • ANSTO leaching trials and recovery optimization the region have demonstrated that REE can be extracted by •
Slide 18: Low Carbon Rare Earth Production Potential
Low Carbon Rare Earth Production Potential For personal use only The urgency to lower global emissions is driving a rapid ramp up in demand Fortescue Future Industries for green energy globally assessing South East Western Australia (Esperance Region) as a Esperance earmarked as a potential priority
Slide 19: Splinter Rock Work Program
Splinter Rock Work Program For personal use only Metallurgical Testing Clay Mapping AEM Survey Scoping Study Initial Drilling Infill Drilling Maiden JORC Exploration Resource Target 19
Slide 20: Emerging Clay Hosted Rare Earth Province
Emerging Clay Hosted Rare Earth Province For personal use only Source: DMP WA Government Tengraph 20
Slide 21: Key Highlights
Key Highlights For personal use only ✓ Explosion in demand for critical rare earth minerals ✓ Drilling has confirmed thick, near surface, clay hosted rare earth elements ✓ Airborne geophysics aiming to map clay locations, expanse, depth and thickness across all granted OD6 Tenements ✓ Strong potenti
Slide 22: Additional Information
For personal use only ADDITIONAL INFORMATION
Slide 23: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure ASX: OD6 Price per share 1 A$0.20 Total number of shares on issue 2 102.45M Performance rights and options 2 32.70M Market capitalisation (undiluted) 1 A$20.49M Dr Darren Mr Brett Mr Piers Dr Mitch Cash 2 A$7.08M Holden Hazelden Lewis Loan N
Slide 24: Insatiable Demand for Rare Earth Magnets
Insatiable Demand for Rare Earth Magnets For personal use only Mag REO Forecast Demand (t) Transition from carbon 250,000 to renewable economy is creating a forecast 200,000 explosion in demand 8.1% CAGR 150,000 for critical rare earth magnet metal oxides 100,000 Compound annual growth 50,000 rate o
Slide 25: Growing NdPr Rare Earth Supply Deficit
Growing NdPr Rare Earth Supply Deficit For personal use only NdPr Market Balance (t) 2,968 Analysts expect significant NdPr supply deficits as (4,620) demand grows (12,042) (15,532) (20,834) Demand underpinned by growth from EVs, (37,811) wind power and Rapidly emerging NdPr consumer electronics mar
Slide 26: New Australian Supply Needed
New Australian Supply Needed For personal use only Existing Global Mine Production (t) 140,000 Mine concentration is a significant risk to the Multiple new mines global supply chain required to bring balance to global Diversity of supply now a REE supply chain priority for governments and corporatio
Slide 27: Planned Work Program
Planned Work Program For personal use only Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 CY22 CY22 CY23 CY23 CY23 CY23 CY24 CY24 Drilling Aircore drilling program Geophysical clay mapping Grow the target base Metallurgical test work Analysis, research and development Resource definition Infill drilling & maiden Mineral R
Slide 28: Registered Office and Share Registry
For personal use only 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
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