OD6 Metals Limited Concludes NSW Regulator Investigation with $7,500 Penalty, Paving the Way for Accelerated Phase Two Drilling at Gulf Creek Copper Project

Thursday, July 10, 2025
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8:51 am
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OD6 Metals Limited has concluded a NSW Resources Regulator investigation at its Gulf Creek Copper Project with a $7,500 penalty. With the matter now settled, the company is set to resume exploration and drilling, leveraging promising high-grade copper, zinc, and silver discoveries.

OD6 Metals Limited has received confirmation from the New South Wales Resources Regulator that its investigation into alleged breaches related to the Gulf Creek Copper Project is now complete. The regulator determined that the company’s wholly owned subsidiary, Gulf Creek Copper Pty Ltd, should receive official cautions and penalty notices for infractions under section 378D(1) of the Mining Act 1992 with a total fine of $7,500. By paying this penalty under section 378K, OD6 Metals will avert further legal proceedings, allowing the company to move forward with its exploration program. With the regulatory process behind it, OD6 Metals is set to continue its drilling operations at Gulf Creek. The project will see initial drilling consisting of 18 reverse circulation (RC) and diamond drill holes totaling approximately 5,000 meters, followed by a Phase 2 campaign entailing seven additional holes extending about 2,500 meters. These initiatives complement recent maiden drilling results that confirmed the presence of high-grade copper, zinc, and silver. The company’s commitment to modern exploration techniques at a historically significant mining site underlines its aim to unlock additional potential along targets at Big Bend, North West, and West Limb, as well as support follow-up deep drilling below the historic mine area. OD6 Metals also highlighted ongoing developments in its rare earth sector through the Splinter Rock Project in Western Australia. Although no material changes have occurred since the 2024 Mineral Resource Estimate, the project’s large, high-grade clay-hosted rare earths deposit remains a key element of the company’s diversified portfolio, supporting a long-life rare earth element operation with a favorable strip ratio. From a bullish perspective, the resolution of the regulatory investigation and the clear path forward for drilling operations offer renewed momentum and confidence in the company’s exploration strategy. Positive initial drilling results and the well-regarded potential of both the Gulf Creek and Splinter Rock projects could incentivize investment, portraying OD6 Metals as a dynamic player in the critical minerals sector. Conversely, the penalty imposed and historical challenges in the region may temper enthusiasm among more cautious traders, who might view these factors as minor hurdles in an already volatile sector.

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