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OD6 Metals Limited has entered an exclusive option agreement to acquire the Quinn Fluorspar Project in Nevada, covering 48 mining claims. The project shows high-grade fluorspar with samples up to 94% CaF2 and potential for resource definition.

To finance the acquisition, OD6 has initiated a A$3.4 million capital raise through a two-tranche placement. The agreement includes initial payments of A$75,000 and A$200,000 upon exercising the option, with deferred payments contingent on milestones totaling A$3.8 million. The acquisition supports OD6's strategy in the U.S. critical mineral market, which is entirely reliant on imports for fluorspar.