OD6 Metals Updates Mineral Resource of Splinter Rock Project; Shares Jump 8%

MT Newswires Live05-29

Od6 Metals (ASX:OD6) updated the mineral resource estimate of the Splinter Rock rare earth project in Western Australia, according to a Wednesday filing with the Australian bourse.

The project’s resource stands at 628 million tonnes of material at t1,338 parts per million total rare earth oxides containing around 23% magnet rare earth oxides, the miner said in the filing.

Shares of OD6 Metals jumped 8% in recent trade.

Price (AUD): $0.07, Change: $+0.01, Percent Change: +7.94%

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