Introduction to DY6 Metals Ltd
DY6 Metals Ltd (ASX: DY6, “DY6” or the “Company”) has announced the initial visual estimations from the reconnaissance exploration program at the Douala Basin HMS Project, Cameroon. The company used desktop studies incorporating detailed geological mapping, geophysics, and known mineral occurrences to define initial, high-priority targets for ground-truthing.
Highlights of the Reconnaissance Program
The reconnaissance program, which consisted of hand auger and channel sampling, was successful in identifying high estimated concentrations of heavy mineral (HM) mineralization across all six tenements that make up the project. Additionally, the company’s consultants observed the presence of natural rutile grains within panned concentrates. The key highlights of the program include:
- Completion of the reconnaissance auger and channel sampling program at the Douala Basin HMS Project
- Identification of thick zones of high estimated concentrations of heavy minerals (HM) and natural rutile
- Follow-up on historical HM occurrences identified by previous Eramet drilling and priority areas identified through internal reviews
- Samples collected from the reconnaissance program to be submitted for laboratory analysis, with results expected in the September quarter
- Transition to a detailed campaign of auger drilling at Douala Basin
Technical Consultant’s Commentary
Technical Consultant, Cliff Fitzhenry, commented on the significance of the findings: “While the company’s primary focus is on the Central Rutile Project, where we have recently reported the presence of widespread residual natural rutile mineralization, we believe that the Douala Basin HMS project has significant potential. The reconnaissance program has demonstrated the potential of the area, with the identification of high concentrations of visible heavy mineral sands across the project tenements through a mixture of auger, channel, and soil sampling work. Pleasingly, we have also observed natural rutile grains at Douala Basin. We look forward to the assay results of the reconnaissance program in the coming months.”
Reconnaissance Exploration at the Douala Basin HMS Project
The company commenced reconnaissance auger and grab sampling programs at the Central Rutile and Douala Basin HMS projects, Cameroon, as announced on 5 June 2025. At the Douala Basin project, 12 hand auger drill holes were completed, collecting 53 samples, as well as 38 channel samples from 11 surfaces for analysis.
Cautionary Statement
The company cautions that visual mineralization indicators, visual observations, and estimates of mineral abundance are uncertain in nature and should not be taken as a substitute or proxy for appropriate laboratory analysis. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. Assay results from the drilling and sampling programs will be required to understand the grade and extent of mineralization. Initial assay results are expected in August 2025.
Conclusion
In conclusion, DY6 Metals Ltd has made significant progress in its reconnaissance exploration program at the Douala Basin HMS Project, Cameroon. The identification of high estimated concentrations of heavy mineral mineralization and natural rutile grains is a promising development for the company. As the company transitions to a detailed campaign of auger drilling and awaits laboratory analysis results, it is clear that the Douala Basin HMS project has significant potential. The company’s focus on responsible and thorough exploration practices will be crucial in unlocking the full value of this project.