Quarterly Activities/Appendix 5B Cash Flow Report
Released
Released
Announcement PDF
ASX Announcement
29 January 2026
ASX: OD6
1
Quarterly Activities and Cashflow Report
OD6 Metals Limited (OD6 or the Company) is pleased to present its Quarterly
Activities and Cashflow Report for the period ending 31 December 2025
Highlights (including subsequent events):
Splinter Rock, WA
⢠Innovative Process Flowsheet Selected with High Recoveries
â ~75% Nd & Pr Overall Recovery
â High-quality Mixed Rare Earth Carbonate (MREC) of ~56% TREO
â High-quality Mixed Rare Earth Hydroxide (MREH) of ~59% TREO
â Superior product quality with low levels of impurities (Al, Fe, P, Si)
â Extremely low uranium and thorium content (<0.001% U + Th)
â Optimised capital and operating cost drivers
⢠Metallurgical Diamond Core Program Successfully Completed: Drilling successfully
completed at the Inside Centre prospect, delivering ~2.5 tonne of high-quality core samples
for metallurgical testing
⢠Advanced ANSTO Testing Underway
â Building on previously reported metallurgical successes at Splinter Rock
â Program focused on heap leach optimisation, impurity removal refinement
â Testwork will track other elements of interest
⢠Offtake Samples: MREC and MREH samples will be utilised for offtake discussions, to assess
commercial payability options for the products
⢠Critical Minerals Strategic Reserve (CMSR): The Company confirmed its role, alongside a
consortium of industry participants, in contributing to the industry-led framework.
Gulf Creek Copper Project, NSW
⢠DHEM surveying completed across six drill holes using four surface EM loops
⢠Strong conductor identified approximately 75m beyond the end of hole GDD010
⢠DHEM results at the Northwest Target indicates a possible additional conductor
⢠Geological reinterpretation indicates a potential fault offset of historic high-grade lodes
mined
⢠Drill assay results pending from the recent Phase 2 diamond drilling program
Corporate
⢠Cash balance at the end of the December quarter remains strong at A$2.045M
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Brett Hazelden, Managing Director, commented:
âDuring the quarter, OD6 made strong progress in advancing its strategy across rare earth elements and copper,
reinforcing the Companyâs position as an emerging critical minerals developer aligned with global supply-chain
priorities.
At the Splinter Rock Rare Earth Project, the Company continued to de-risk both geology and processing. OD6 also
advanced its broader downstream and strategic positioning, including continued assessment of scalable processing
options and engagement with engineering and government stakeholders. This approach reflects OD6âs objective to
align future development pathways with emerging Australian and allied-nation critical minerals policies,
recognising the growing strategic importance of secure rare-earth supply chains.
At the Gulf Creek Copper Project, OD6 progressed systematic exploration activities designed to test high-priority
targets within a known geological setting. Recent field programs and geophysical work have strengthened the
Companyâs understanding of the projectâs potential and will inform drill targeting in upcoming phases.â
Exploration and Development (including subsequent events)
Splinter Rock Rare Earth Project, WA
Innovative
Process
Flowsheet
Selected With
High Recoveries
At the start of the quarter OD6 announced the innovative process flowsheet with high
recoveries being selected (refer ASX 1 October 2025), after the culmination of the Phase 4
metallurgical testing undertaken at ANSTO over the prior 12 months, along with outcomes
from the CPC Engineering (CPC) Optioneering Study.
In summary OD6, CPC and ANSTO have successfully demonstrated and recommended a
multi-stage processing pathway outlined in Figue1, that efficiently produces a superior
quality product with low impurities, that has achieved high REE element total flowsheet
recoveries as detailed in Figure 2.
The Innovative Process Flowsheet Incorporates
⢠Heap Leach with Nanofiltration (NF), Ion Exchange (IX) and Impurity Removal (IR)
⢠~75% Nd & Pr overall Recovery
⢠High-quality Mixed Rare Earth Carbonate (MREC) of ~56% TREO
⢠High-quality Mixed Rare Earth Hydroxide (MREH) of ~59% TREO
⢠Superior product quality with low levels of impurities (Al, Fe, P, Si)
⢠Extremely low uranium and thorium content (<0.001% U + Th)
⢠Optimised capital and operating cost drivers
The final MREC/MREH products contain elevated concentrations of Nd, Pr, Dy and Tb,
collectively representing a high-value magnetic rare earth mix highly sought after in
permanent magnet supply chains. Benchmark payability for MREC and MREH typically
ranges between 70â85% of REO basket value.
The Company aims to be a 6,000 plus tonnes per annum (tpa) producer of REO, in
either the form of Mixed Rare Earth Carbonate (MREC) or Mixed Rare Earth Hydroxide
(MREH) in 5 years (refer ASX 11 September 2025)
3
Figure 1: Preferred Process Flowsheet from ANSTO Testwork and CPC Optioneering Study
Figure 2: Anticipated Inside Centre Total REE Recovery by Element Utilising the Preferred Process Flow Sheet
Metallurgical
Diamond Core
Drilling
Completed
During the quarter OD6 Completed Metallurgical Diamond Core drilling (refer ASX 9
October 2025).
Core samples have been sent to ANSTO as part of the planned optimisation and scale-up
program aimed at refining the heap leach and impurity removal flowsheet and providing
final product samples for offtake discussions.
Six Metallurgical drill locations have been completed (Figure 3) utilising PQ diamond core
(85mm core), which have been twinned next to existing AirCore drill hole locations
previously utilised metallurgical testwork conducted at ANSTO.
The diamond drilling program targeted key areas of the Inside Centre Deposit, designed to
obtain representative material for metallurgical and processing testwork. The bulk rare earth
0
10
20
30
40
50
60
70
80
La Ce Pr Nd Sm Eu Gd Tb Dy Ho Er Tm Yb Lu Y TREY
Total
REE
%
Recovery
Inside Centre Deposit Extraction by REE
4
bearing material will provide ~2.0 to 2.5 tonnes of core samples that were logged and
prepared for dispatch to ANSTO in Sydney.
Figure 3: The Inside Centre Indicated Resource (shown in red) and the selected holes twinned (shown in yellow). The
figure also shows the Existing Centre Inferred Resource (shown in orange) plus shows mineralisation remains open to the
SW and NE within the modelled clay basin airborne electromagnetic survey
Advanced
ANSTO
Metallurgical
Testwork
Underway
At the start of January 2026 (refer ASX 20 January 2026) OD6 advise that advanced
metallurgical testwork is now underway at the Australian Nuclear Science and Technology
Organisation (ANSTO) as part of the continued optimisation and scale-up of the preferred
processing flowsheet for the Splinter Rock Rare Earth Project:
The metallurgical core program has targeted zones within Inside Centre that best represent
an area of consistent geology, prior metallurgical outcomes, low striping ratios, significant
grades and planned early-stage mining areas. Samples will be composited at ANSTO for a
series of advanced campaigns focused on:
⢠Heap leach Optimisation;
o Heap Leach duration and kinetics
o Acid strength and consumption
o Counter current heap configuration
o Particle agglomeration methodology
⢠Impurity Removal Verification:
o Nanofiltration (NF) acid recovery and liquor concentration tuning
o Ion Exchange (IX) selectivity and elution to reduce Fe/Al and trace U/Th
prior to precipitation
o Impurity removal (IR) two stage pH optimisation to achieve target impurity
specifications
⢠Bulk MREC and MREH Production
5
o Precipitation to produce >1 kg of MREC and/or MREH for customer
qualification, offtake discussions, and to assess commercial payability
options for the products.
⢠Other Elements of Interest
o The program will monitor various other elements of interest to determine if
there is a technically viable approach to recovery.
The work program is designed to de-risk the processing flowsheet, improve confidence in
operating parameters, and provide commercially relevant products that support offtake
engagement, financing discussions, and future technical studies.
CSIRO Research
Paper
During November the company advised the publication of a peer reviewed scientific paper
detailing research undertaken at its flagship Splinter Rock Rare Earth Project 2026 (refer ASX
12 November 2026) OD6 reported:
The Paper entitled, âMulti-disciplinary characterisation of the splinter rock clay-hosted REE
prospect, Western Australiaâ has been compiled by lead author, Dr Nathan Reid from
Australiaâs national science agency, CSIRO
The Paper consolidates three years of collaborative geological and geochemical research
undertaken by CSIRO, Murdoch University, Monash University and OD6 Metals at the Splinter
Rock Rare Earth Project, all of whom have representatives as co-authors
In simple terms the research paper explains how:
⢠Integrating landscape evolution, mineralogy, geophysics, and geochemistry aids in
understanding processes for REE enrichment.
⢠Three regolith units â saprock, saprolite, and transported were identified, with the
highest REE concentrations in saprolite.
⢠Changes in conductivity (AEM) and kaolinite crystallinity (hyperspectral) identified
key interfaces within the regolith.
⢠Combined mineralogy identified REE-bearing mineral phases, including REE
phosphates, Al-REE Phosphates and REE carbonates.
Critical Minerals
Reserve Strategy
The Company confirmed its role, alongside a consortium of industry participants, in
contributing to the industry-led framework supporting Australiaâs Critical Minerals Strategic
Reserve (CMSR), as advanced by the Association of Mining and Exploration Companies
(AMEC) (refer ASX 14 January 2026)
The CMSR concept paper (refer AMEC CMSR) provides a strategic policy framework for
government consideration.
This framework seeks to articulate how a sustainable, bankable CMSR mechanism could be
structured, to deliver greater market certainty for producers, strengthen supply chain
resilience, and support long-term offtake pathways for critical minerals including rare earth
elements. OD6âs participation reflects its commitment to advancing Australiaâs role as a
secure global supplier of strategically important minerals.
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Source: AMEC Critical Mineral Strategic Reserve (CMSR) webpage (link here)
Gulf Creek Copper Project, NSW
Phase 2 Drilling
Commenced
At the start of the quarter the Company commenced Phase 2 drilling at the Gulf Creek
copper project (refer ASX 14 October 2025).
Phase 2 drilling targeted potential extensions to mineralisation near the historic Gulf Creek
Copper mining area, including the potential repeat structure targets, named Big Bend,
North West and West Limb (refer to Figure 5 and 6) which are along strike to the
northwest of the Gulf Creek mineralisation and feature substantial magnetic anomalies
which mirror the Gulf Creek magnetic signature.
Down Hole EM
Survey
Commences
In early December OD6 advised that that Downhole Electromagnetic (DHEM) surveying had
commenced at the Gulf Creek. The program utilised four recently completed Phase 2
diamond drill holes (DDH) together with several reverse circulation (RC) holes completed
earlier in the year during Phase 1 (refer ASX 5 December 2025)
At the same time the Company advised that Phase 2 drilling will be temporarily paused to
allow DHEM acquisition and interpretation, ensuring the next stage of drilling is efficient and
well-targeted.
Drilling to date has intersected typical VMS stratigraphy, including sea-floor sediments,
exhalative cherts and hydrothermal alteration, confirming a prospective geological setting.
Diamond core sample selections were also being finalised for laboratory analysis.
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Figure 4: Long Section view to SW showing extended view of geophysical modelling and the targets along the West Limb
of the Gulf Creek Syncline to the NW anomaly. Refer to announcement dated 14 November 2024 for details on
geophysical modelling.
Figure 5: Plan view of OD6 Drilling completed to date overlain on 1st vertical derivative of magnetics with \ the priority
targets Big Bend, North West, West Limb and the historic Gulf Creek Mine
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Down Hole EM
Identifies Off
Hole Conductors
Subsequent to the end of the quarter OD6 advised that processing and interpretation of the
Downhole Electromagnetic (DHEM) survey completed in December 2025 has identified a
strong off-hole conductors at the Gulf Creek Copper Project (refer ASX 23 January 2026).
The newly identified strong conductor is located proximal to historic high-grade copper
workings and represents a compelling new drill target, supporting the potential for fault-
offset or stacked mineralised lodes beneath the historic mine.
What is DHEM?
Downhole Electromagnetics (DHEM) is a geophysical method where an electromagnetic
field is transmitted from a surface loop and measured by a probe lowered down a drill hole.
Because copper sulphides (chalcopyrite, bornite, chalcocite) are significantly more
conductive than surrounding host rocks, the DHEM tool can detect:
⢠Off-hole conductors, potentially massive sulphide bodies, not intersected by
drilling
⢠Down-dip, up-dip or along-strike extensions of mineralised lodes
⢠Potential stacked or parallel lenses hidden from surface geophysics
⢠Depth and orientation of conductive bodies to improve drilling accuracy
DHEM is considered one of the most effective tools for vectoring toward massive sulphide
accumulations, particularly in structurally complex or historically mined VMS systems such as
Gulf Creek. DHEM can detect conductors at 50 to 100m from the drill hole.
A total of four EM surface loops were laid out over key target areas at Gulf Creek with six
holes. This included 3 holes at Gulf Creek, and one hole each at the Big Bend, West Limb
and Northwest Target areas.
Results confirmed conductors associated with known high-grade mineralization proximal to
the historic workings as seen in the upper areas of Figure 1.
A strong off-hole conductor was detected beyond the end of hole GDD010 as
indicated in Figure 6. Hole GDD010 was drilled as a deep hole (EOH 328m) beneath the
historic workings. Whilst the hole intersected only minor sulphide horizons it also did not
intersect the known mine-stratigraphy including the main hanging-wall exhalite/jaspilite or
the footwall basalt. The top part of the hole included silicified material, potentially
indicating a fault zone. This suggests that there is a potential fault off-set, that steps
mineralisation to the SW from a fault currently inferred to strike, parallel with the Gulf
Creek syncline and dipping to the SW.
DHEM Results from the Northwest target indicate a possible conductor, though in
consultation with Mitre Geophysics, it requires further geological consideration before
testing.
DHEM at Big Bend and Western Limb did not yield appreciable off-hole conductors
9
Figure 6: Cross-section SE-NW across Gulf Creek showing plate conductors
Corporate
Annual
General
Meeting
OD6 Metals held its Annual General Meeting (AGM) of shareholders on 22 October 2025.
Please refer to the following ASX Announcements:
⢠Results of Meeting, 22 October 2025
⢠Notice of Meeting, 22 September 2025
⢠Annual General Meeting Information, 5 September 2025
Annual Report
and Corporate
Governance
OD6 Metals issued its Annual Reports to Shareholders (refer ASX release) along with its
Corporate Governance Statement and Appendix 4G (refer ASX release) to the ASX on 19
September 2025
ESG OD6 acknowledges the significance of integrating environmental, social and governance
(ESG) practices within its operations, recognising that they are essential for driving positive
environmental and social impacts while ensuring governance standards. The Company was
please to include an ESG section in its 2024/25 Annual Report (refer ASX release).
10
Presentations During the quarter three presentations were released to the market:
⢠Ignite Investment Summit in Hong Kong (refer ASX 15 October 2025)
⢠International Rare Earths Conference, Kuala (refer ASX 5 November 2025)
⢠Investor Update Presentation (refer ASX 15 December 2025)
Cash Holdings The Company had A$2.045 million of cash on hand as at 31 December 2025
Securities on
Issue
Fully Paid Ordinary Shares Performance rights Options
201,107,265
(as at 31 December 2025)
1,300,000
72,841,872
(as at 31 December 2025)
Options on issue comprise:
⢠3,850,000 Incentive Options exercisable at A$0.30 on or before 31 March 2026.
⢠1,500,000 Performance Options exercisable at A$0.50 on or before 31 March 2026.
⢠900,000 Performance Options exercisable at A$0.30 on or before 09 October 2026
⢠2,650,000 Incentive Options exercisable at A$0.27 on or before 08 December 2026.
⢠5,000,000 Broker Options exercisable at A$0.114 on or before 9 May 2027.
⢠4,500,000 Chair Options exercisable at $0.10 on or before 5 December 2027
⢠18,711,103 Options exercisable at A$0.065 on or before 7 May 2028
⢠24,230,769 Options exercisable at A$0.10 on or before 30 April 2028
⢠11,500,000 Director and Advisor Options exercisable at A$0.10 on or before 31 October
2028
During the quarter, 2,050,371 Founder Options exercisable at A$0.30 on or before 31 October
2025 expired and 2,177,777 Options exercisable at A$0.065 on or before 7 May 2028,were
exercised.
Subsequent to the quarter end, a further 1,300,000 Options exercisable at A$0.065 on or
before 7 May 2028, were exercised.
At 31 December 2025 none of the performance milestones of the Performance Rights still
on issue have been met, nor had any shares been issued on conversion of Performance
Rights.
A summary of the performance milestones is outlined below:
CLASS NUMBER MILESTONE EXPIRY DATE
C 1,000,000 The Company announcing to ASX a JORC Code Compliant
inferred (or greater) Mineral Resource (as defined in the
JORC Code) of not less than 1,000,000,000 tonnes (of which
at least 400,000,000 tonnes must be an indicated Mineral
Resource), grading a minimum of 1000 ppm total rare earth
oxides (TREO).
08 December
2026
11
D 300,000 The rights vest on the Company announcing to ASX the
results of a Scoping Study (as defined in the JORC Code)
showing the potential to generate an internal rate of return
(IRR) of more than 20% using consensus prices and Board
approved assumptions.
08 December
2026
Borrowings The Company has no borrowings.
Expenditure
Exploration
Expenditure
Exploration and Evaluation expenditure during the quarter was A$694k. Expenditure
included site visits, assays, ANSTO metallurgical testing, drilling, mineralogy and geological
investigation.
Related Party
Transactions
During the quarter ended 31 December 2025 payments to related parties amounted to
A$111k, comprising of Managing Director Fees, Non-Executive Director fees and
Superannuation.
Mineral Interests
Exploration
Tenements
Schedule of Exploration Licenses (E) held end of December 2025 Quarter.
PROJECT
TENEMENT
NUMBER
HOLDER STATUS GRANTED
TENEMENT
AREA
OWNERSHIP
Gulf Creek EL 8492 GulfCreek Copper Pty Ltd Granted 7 Jan 25 24 km2 100%
Splinter Rock E 63/2115 Odette Six Pty Ltd Granted 4 Feb 22 46 km2 100%
Splinter Rock E 69/3904 Odette Six Pty Ltd Granted 15 Feb 22 184 km2 100%
Splinter Rock E 69/3905 Odette Six Pty Ltd Granted 15 Feb 22 46 km2 100%
Splinter Rock E 69/3907 Odette Six Pty Ltd Granted 14 Feb 22 9 km2 100%
Splinter Rock E 69/3893 Odette Six Pty Ltd Granted 20 Jan 22 368 km2 100%
Splinter Rock E 69/3894 Odette Six Pty Ltd Granted 20 Jan 22 296 km2 100%
12
ASX Announcements (including Subsequent Events)
This Quarterly Activities Report contains information extracted from ASX market announcements reported in
accordance with the 2012 edition of the âAustralasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reservesâ (2012 JORC Code). Further details (including 2012 JORC Code reporting tables
where applicable) of exploration results referred to in this Quarterly Activities Report can be found in the
following announcements lodged on the ASX:
23/01/2026 Down Hole EM Identifies Conductors
20/01/2026 Advanced ANSTO Metallurgical Testwork Underway
14/01/2026 Cleansing Notice
14/01/2026 Application for quotation of Securities â OD6
14/01/2026 OD6 Supports Critical Minerals Strategic Reserve Framework
06/01/2026 Cleansing Notice
06/01/2026 Application for quotation of Securities â OD6
17/12/2025 Cleansing Notice
17/12/2025 Application for quotation of Securities â OD6
15/12/2025 Investor Update Presentation
11/12/2025 Investor Briefing Webinar
09/12/2025 Response to ASX Proce and Volume Query
05/12/2025 Down Hole EM Survey Commences at Gulf Creek Copper Project
12/11/2025 CSIRO Research Paper Publication
05/11/2025 International Rare Earth Conference Presentation
03/11/2025 Change of Directors Interest Notices x3
03/11/2025 Notification of cessation of securities â OD6
03/11/2025 Notification regarding unquoted securities â OD6
03/11/2025 Notification regarding unquoted securities â OD6
28/10/2025 Quarterly Activities / Appendix 5B Cashflow Report
22/10/2025 AGM Results of Meeting
22/10/2025 2025 Annual General Meeting - Chair Address
15/10/2025 Investor Presentation
14/10/2025 Gulf Creek Copper Drilling Commences
09/10/2025 Metallurgical Diamond Drilling Completed at Splinter Rock
01/10/2025 Innovative Process Flow Sheet Selected with High Recoveries
These announcements are available for viewing on the Companyâs website
https://www.od6metals.com.au/. OD6 confirms that it is not aware of any new information or data
that materially affects the information included in any original ASX announcement.
13
About OD6 Metals
OD6 Metals is an Australian public company pursuing exploration and development opportunities within the
critical minerals sector, namely rare earths and copper.
Rare Earth Elements
OD6 Metals has successfully identified clay hosted rare earths at its 100% owned Splinter Rock Project which is
located in the Esperance-Goldfields region of Western Australia.
The Company released a Mineral Resource Estimate (MRE) for Splinter Rock in May 2024, confirming that the
project hosts one of the largest and highest-grade clay-hosted rare earths deposits in Australia with an
Indicated Resource of 119Mt @ 1,632ppm TREO and an Inferred Resource of 563Mt @ 1,275ppm TREO with an
overall ratio of ~23% high-value Magnetic Rare Earths (MagREE).
An innovative Process Flow sheet has been selected utilising Heap Leaching, Nano-filtration and Ion Exchange
Technologies that have achieved ~75% Nd & Pr overall recovery, produced a high-quality Mixed Rare Earth
Carbonate or Hydroxide (MREC/H) of ~56-59% TREO, with low levels of impurities (Al, Fe, P, Si) and extremely
low uranium and thorium content (<0.001% U + Th).
OD6 Metals believes that Splinter Rock has all the hallmarks of a world class rare earths project with a
conceptual heap leach development which utilises the large and high-grade Splinter Rock resource to support a
long-life REE operation.
Copper
The Company is advancing the Gulf Creek Copper-Zinc VMS Project located near the town of Barraba in NSW.
Gulf Creek was mined at around the turn of the 20th century and was once regarded as the highest-grade
copper mine (2% to 6.5% Cu) in NSW until its closure due to weak copper prices in 1912. Very little exploration
has occurred at the project in over 100 years, with OD6 aiming to apply modern day exploration technologies.
The 2025 maiden drilling program successfully defined high grade copper below the historical mine plus
confirmed the strong relationship between magnetism and massive sulphide mineralisation. Geophysical
modelling has identified multiple, high priority and untested targets ready for drilling providing over >3km of
untested strike in the immediate mine-stratigraphy, and over >10km across the tenement.
Corporate Directory
Managing Director
Non-Executive Chairman
Non-Executive Director
Financial Controller/ Joint Company Secretary
Joint Company Secretary
Contact
OD6 Metals Ltd
ACN 654 839 602
www.od6metals.com.au
Mail to: info@od6metals.com.au
Phone: +61 8 6189 8515
Level 1, 1 Alvan Street, Subiaco, WA 6008
Mr Brett Hazelden
Mr Piers Lewis
Dr Mitch Loan
Mr Troy Cavanagh
Mr Joel Ives
Investor Relations
Lucas Robinson
Corporate Storytime
lucas@corporatestorytime.com
Phone: +61 408 228 889
14
Aspirational Production Target Cautionary Statement
The Company cautions that the above aspirational statement of prospective production and the aspirational
production target ranges adopted in the optioneering study (refer ASX 11 September 2025) are conceptual in nature
and the target ranges were adopted solely to support comparative techno-economic assessment within the
optioneering study. They are not production targets or forecast financial information derived from production targets
for the purposes of the Corporations Act or ASX Listing Rules and there is a low level of geological confidence
associated with any potential production parameters at this stage. Further exploration, engineering, and feasibility
work are required before OD6 can determine the likelihood of establishing Ore Reserves and/or production targets or
before making any final investment decision. There is no certainty that the conceptual ranges adopted within the
optioneering study will be realised.
Forward Looking Statements
Certain information in this document refers to the intentions of OD6 Metals, however these are not intended to be
forecasts, forward looking statements, or statements about the future matters for the purposes of the Corporations
Act or any other applicable law. Statements regarding plans with respect to OD6 Metals projects are forward looking
statements and can generally be identified by the use of words such as âprojectâ, âforeseeâ, âplanâ, âexpectâ, âaimâ,
âintendâ, âanticipateâ, âbelieveâ, âestimateâ, âmayâ, âshouldâ, âwillâ or similar expressions. There can be no assurance that the
OD6 Metals plans for its projects will proceed as expected and there can be no assurance of future events which are
subject to risk, uncertainties and other actions that may cause OD6 Metals actual results, performance, or
achievements to differ from those referred to in this document. While the information contained in this document has
been prepared in good faith, there can be given no assurance or guarantee that the occurrence of these events
referred to in the document will occur as contemplated. Accordingly, to the maximum extent permitted by law, OD6
Metals and any of its affiliates and their directors, officers, employees, agents and advisors disclaim any liability
whether direct or indirect, express or limited, contractual, tortuous, statutory or otherwise, in respect of, the accuracy,
reliability or completeness of the information in this document, or likelihood of fulfilment of any forward-looking
statement or any event or results expressed or implied in any forward-looking statement; and do not make any
representation or warranty, express or implied, as to the accuracy, reliability or completeness of the information in this
document, or likelihood of fulfilment of any forward-looking statement or any event or results expressed or implied in
any forward-looking statement; and disclaim all responsibility and liability for these forward-looking statements
(including, without limitation, liability for negligence).
No new information
Except where explicitly stated, this announcement contains references to prior exploration results, all of which have
been cross-referenced to previous market announcements made by the Company. The Company confirms that it is
not aware of any new information or data that materially affects the information included in the relevant market
announcements.
The information in this report relating to the Mineral Resource estimate for the Splinter Rock Project is extracted from
the Companyâs ASX announcements dated 24 May 2024. OD6 confirms that it is not aware of any new information or
data that materially affects the information included in the original announcement and that all material assumptions
and technical parameters underpinning the Mineral Resource estimate continue to apply
This announcement has been authorised for release by the Board of OD6 Metals Limited
Rule 5.5
ASX Listing Rules Appendix 5B (17/07/20) Page 1
+ See chapter 19 of the ASX Listing Rules for defined terms.
Appendix 5B
Mining exploration entity or oil and gas exploration entity
quarterly cash flow report
Name of entity
OD6 Metals Limited
ABN Quarter ended (âcurrent quarterâ)
34 654 839 602 31 December 2025
Consolidated statement of cash flows Current quarter
$Aâ000
Year to date
(6 months)
$Aâ000
1. Cash flows from operating activities
- -
1.1 Receipts from customers
1.2 Payments for
- -
(a) exploration & evaluation
(b) development - -
(c) production - -
(d) staff costs (68) (146)
(e) administration and corporate costs (429) (543)
1.3 Dividends received (see note 3) - -
1.4 Interest received 4 17
1.5 Interest and other costs of finance paid - -
1.6 Income taxes paid - -
1.7 Government grants and tax incentives - 46
1.8 Other (refund of tenement application fees) - -
1.9 Net cash from / (used in) operating
activities
(493) (626)
2. Cash flows from investing activities
- -
2.1 Payments to acquire or for:
(a) entities
(b) tenements - (19)
(c) property, plant and equipment - -
(d) exploration & evaluation (694) (941)
(e) investments - -
(f) other non-current assets - -
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
ASX Listing Rules Appendix 5B (17/07/20) Page 2
+ See chapter 19 of the ASX Listing Rules for defined terms.
Consolidated statement of cash flows Current quarter
$Aâ000
Year to date
(6 months)
$Aâ000
2.2 Proceeds from the disposal of:
- -
(a) entities
(b) tenements - -
(c) property, plant and equipment - -
(d) investments - -
(e) other non-current assets - -
2.3 Cash flows from loans to other entities - -
2.4 Dividends received (see note 3) - -
2.5 Other (R&D Tax refund and Government
grants
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