OD6 Metals Uncovers 6.31g/t Gold at Quinn Opening Second Value Stream With Fluorspar

OD6 Metals has uncovered high-grade gold up to 6.31g/t at its Quinn Fluorspar Project in Nevada — a discovery made with no prior modern gold exploration — adding a second commodity value stream to what management already believes could become one of the US's most significant fluorspar projects.
By John Zadeh -
Summarise with Ai:

OD6 Metals uncovers high-grade gold up to 6.31g/t at Quinn, opening a second value stream

OD6 Metals has reported high-grade gold assays from sampling at its Quinn Fluorspar Project in Nevada, with results including 6.31g/t Au, 2.74g/t Au, 2.23g/t Au and 1.61g/t Au, along with multiple additional samples above 0.5g/t Au. The gold anomalism was identified during exploration originally targeting fluorspar, with no prior modern gold exploration previously conducted at Quinn.

The discovery adds a compelling new dimension to the project, located approximately 220km north of Las Vegas in Nevada — ranked second globally in the Fraser Institute 2025 Mining Attractiveness Index. Importantly, the gold mineralisation appears separate from the fluorspar, preserving the quality of the fluorspar deposits whilst opening another avenue for value creation. The Company’s primary objective remains developing what management believes could become one of the United States’ most significant fluorspar projects.

Gold assays and soil anomalies point to a large fertile system

High-grade gold results at Mammoth are associated with a stockwork vein system to the west (footwall) of the main fluorspar breccia zone, indicating an anomalous zone at least 50m x 50m but remaining open to the south, north and west. Gold in soils at Mammoth reached up to 30ppb Au, whilst a separate western zone returned up to 24ppb Au with epithermal pathfinder elements arsenic (66ppm As) and mercury (0.51ppm Hg) highly anomalous directly beneath a quartz-rich silica zone.

Extensive gold and pathfinder element anomalies have been identified across the broader project area, including North Horseshoe Canyon and Dress Circle, pointing to a large prospective footprint. The gold appears separate from the fluorspar, a critical distinction that preserves fluorspar deposit quality whilst opening a new avenue for value.

Quinn Project: Mammoth Footwall Gold Assays

Key gold results at a glance

Sample ID Type Gold (g/t Au) Geology Location Zone
DH115 1m Channel 6.31 Clay alteration with veins + Limestone Mammoth footwall
DH105 Rockchip 2.74 Limestone with alteration Mammoth footwall
DB033 1m Channel 2.23 East dipping banding veins in limestone Mammoth footwall
DH127 1m Channel 1.61 Limestone with veins Mammoth footwall
DH128 1m Channel 0.80 Limestone with veins Mammoth footwall

Soil and pathfinder anomalies build the picture

The broader soil geochemistry programme has identified extensive gold and pathfinder anomalism across multiple target areas:

  • Mammoth: Gold in soils up to 30ppb, with a separate western zone up to 24ppb Au accompanied by epithermal pathfinder elements arsenic (66ppm) and mercury (0.51ppm).
  • North Horseshoe Canyon: Five samples returned >20ppb Au, with results up to 44ppb Au, coincident with highly anomalous arsenic (up to 111ppm) and mercury (up to 0.91ppm).
  • Dress Circle: A soil anomaly spanning approximately 400m x 150m with samples up to 77ppb Au, supported by strong arsenic (500–1,650ppm) and mercury (up to 0.37ppm) anomalism.

The Company utilised principal component analysis (PCA) to develop an “Au-PC1” score — a statistical method combining gold with epithermal pathfinder elements tellurium, arsenic, mercury, thallium, antimony, molybdenum and selenium into a single ranking score. A high Au-PC1 score flags soil enriched in this entire “fingerprint” of epithermal gold-related elements simultaneously, giving the Company a tool to rank prospective ground and pinpoint where gold may be hidden beneath the surface.

Why Nevada’s fluorspar-gold link matters

In Nevada, large fluorspar systems and world-class gold deposits often co-occur because both stem from the same highly evolved acidic magmatic heat source. This geological relationship is evident at several major Nevada districts and adds significant strategic context to Quinn’s prospectivity.

The Quinn Project now displays two distinct gold target styles, each with substantial precedent in Nevada:

Epithermal Gold: Quinn sits within the trans-state Walker Lane epithermal trend, characterised by a >8km-long epithermal footprint generated by Tertiary volcanism and intrusions. The regional geological setting includes northwest-southeast transform structures — the same potential corridor indicated by regional USGS gravity data that links to major deposits.

Carlin Style Gold: The project shares comparable stratigraphy with Carlin-style deposits, specifically the key host rocks Simonson Dolomite and Pogonip Group Limestones. Gold at Quinn is associated with jasperoid and aquitards, analogous to the Carlin Trend. The Saw Mill Thrust, a key pre-Tertiary low-angle thrust fault, is potentially analogous to the Roberts Mountain Thrust — a critical control on deposits along the Carlin and Battle Mountain–Eureka (Cortez) Trends.

Quinn’s geological setting draws direct comparison to several highly endowed Nevada districts:

  • Round Mountain (Kinross): >15Moz Au epithermal gold deposit with proximal fluorspar occurrences
  • Beatty District (AngloGold Ashanti): ~14Moz Au, including the historic Daisy Fluorspar Mine located proximal to gold discoveries
  • Carlin Trend: >110Moz Au resource
  • Battle Mountain–Eureka Trend: >50Moz Au resource

The co-location of fluorspar and gold in these large epithermal systems indicates a highly evolved acidic magmatic heat source — the same geological environment now identified at Quinn. This positioning offers shareholders exposure to potential upside beyond the Company’s core fluorspar strategy, whilst the separation of gold and fluorspar mineralisation preserves deposit quality in both commodities.

Management’s view and what comes next

Brett Hazelden, Managing Director

“These results continue to reinforce our belief that Quinn represents a genuinely large and highly fertile mineral system which continues to exceed expectations. While our primary objective remains developing what we believe could become one of the United States’ most significant fluorspar projects, the identification of high-grade gold in one of the world’s premier, yet substantially underexplored, gold provinces add a compelling new dimension. Importantly, the gold mineralisation appears separate from the fluorspar, preserving the quality of the fluorspar deposits while opening another avenue for value creation.”

OD6 remains primarily focused on drilling and advancing the defined fluorspar prospects at Mammoth, Horseshoe and Big Jim, whilst progressing North Horseshoe, Blue Bell and other regional targets. Fluorspar is a US Critical Mineral — the United States is currently 100% reliant on imports of fluorspar, highlighting the strategic importance of domestic supply. Applications include battery technologies, AI chip manufacture, nuclear fuels industry, aerospace and defence technologies.

The Quinn Project is located approximately 300km by road from the US Strategic Minerals Reserve at Hawthorne, Nevada, positioning the Company to potentially supply a strategically critical commodity to domestic markets.

Next steps for exploration

  1. Receive and interpret pending assay results
  2. Complete geological modelling and drill targeting
  3. Continue assaying for gold across all exploration programmes
  4. Expand field programmes and prioritise drill targets
  5. Progress metallurgical testwork and lodge bulk sample permit applications
  6. Prepare maiden drilling programme ahead of resource definition

The identification of high-grade gold mineralisation materially enhances the prospectivity of the Quinn Project. Fluorspar remains the primary driver, with gold now representing a genuine additional avenue for value creation. The Company’s dual-commodity exposure — in a jurisdiction ranked second globally for mining attractiveness — positions shareholders for potential upside across two strategically important critical minerals.

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Frequently Asked Questions

What is the OD6 Metals Quinn gold discovery?

OD6 Metals identified high-grade gold mineralisation at its Quinn Fluorspar Project in Nevada during exploration originally targeting fluorspar, with surface samples returning up to 6.31g/t Au — the first time modern gold exploration has been conducted at the project.

Does the gold discovery affect OD6's fluorspar project?

No — the gold mineralisation at Quinn appears spatially separate from the fluorspar deposits, meaning both commodities can be pursued independently without compromising the quality of either.

What geological setting makes Quinn prospective for gold in Nevada?

Quinn sits within the Walker Lane epithermal trend and shares stratigraphy with Carlin-style gold deposits, including the Simonson Dolomite and Pogonip Group Limestones that host gold along the Carlin Trend — one of the world's most productive gold districts at over 110Moz.

What are the next steps for OD6 Metals after the gold results at Quinn?

OD6 plans to receive and interpret pending assay results, complete geological modelling and drill targeting, expand field programmes, and prepare a maiden drilling programme ahead of resource definition, while continuing to advance its primary fluorspar drilling at Mammoth, Horseshoe and Big Jim.

Why is fluorspar strategically important for OD6 Metals investors?

The United States currently imports 100% of its fluorspar — a US Critical Mineral used in battery technologies, AI chip manufacture, nuclear fuels, and aerospace and defence — making OD6's Quinn Project a potential domestic supply source with significant strategic value.

John Zadeh
By John Zadeh
Founder & CEO
John Zadeh is a seasoned small-cap investor and digital media entrepreneur with over 10 years of experience in Australian equity markets. As Founder and CEO of Discovery Alert, he leads the platform's mission to level the playing field by delivering real-time ASX announcement analysis and comprehensive investor education to retail and professional investors globally.
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