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OD6 Metals Ltd. ( (AU:OD6) ) has issued an announcement.
OD6 Metals has completed processing and interpretation of a downhole electromagnetic (DHEM) survey at its Gulf Creek Copper Project in northern New South Wales, identifying a strong off-hole conductor about 75 metres beyond the end of drill hole GDD010 near historic high-grade copper workings. The company says this newly modelled conductor, combined with geological reinterpretation suggesting a fault-offset of historic lodes and confirmation of conductors associated with known mineralisation, provides a compelling high-priority drill target and reinforces the project’s prospectivity, with assay results from recent diamond drilling pending and approvals already in place for up to 25 follow-up holes.
The most recent analyst rating on (AU:OD6) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on OD6 Metals Ltd. stock, see the AU:OD6 Stock Forecast page.
More about OD6 Metals Ltd.
OD6 Metals Ltd. is an ASX-listed exploration company focused on copper mineral exploration, including targeting volcanogenic massive sulphide-style mineralisation at its Gulf Creek Copper Project in northern New South Wales.
Average Trading Volume: 1,934,167
Technical Sentiment Signal: Buy
Current Market Cap: A$15.79M
For detailed information about OD6 stock, go to TipRanks’ Stock Analysis page.