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Exploration Diamond Drilling Geotechnical Drilling
IPO WI IPosATCHPOs Shallow Angle Drilling Aircore Drilling
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Nothing standing of the pitfalls and things that you closed, so it probably won’t impact us per
“Each time you start with a better under-
se,” Hazelden said.
As an unlisted company, OD6 was
didn’t do as well or that you can do better, part of the same pegging rush which saw
or all the things that you didn’t really know
rare about that make a difference to a company.” Meeka and Mount Ridley stake substantial
packages of ground around Esperance.
Hazelden was managing director of Ka-
lium Lakes at the time of the potash com- The only difference was it did not yet have
new role pany’s listing in late 2016, a year in which the cash to start large-scale exploration
less than a dozen new floats made it to
across the Splinter Rock and Grass Patch
the bourse. While he found it was a much
smoother process this time around, he projects.
Up to 192 holes are expected to be
rett Hazelden has become accustomed is still somewhat counting his lucky stars drilled in OD6’s maiden aircore pro-
Bto entering new industries just as they that OD6 was able to rake in the required gramme which was due to kick off at Splin-
are gaining traction with investors. cash for its IPO before market headwinds ter Rock at the time of print. Some 65km
Having dabbled in iron ore and potash picked up prior to the end of the last finan- of exploration track upgrades have been
as both commodities were becoming big cial year. completed for the campaign, with an ad-
business in Western Australia, Hazelden It is understood a number of upcoming ditional 45km of road reserve drilling ap-
is now trying his hand at clay-hosted rare resources IPOs have been either delayed proved by the Shire of Esperance.
earths as managing An aeromag survey
director of the newly- will also be flown over
listed OD6 Metals Ltd. the company’s 4,000sq
OD6 has joined the km land position in a
likes of Meeka Metals bid to identify future drill
Ltd and Mount Ridley targets for both Splinter
Mines Ltd in the emerg- Rock and Grass Patch.
ing rare earths north of OD6 exploration
Esperance. The com- manager Tim Jones
pany is the product of recently relocated to
a “mining the database” Esperance on a perma-
exercise by Darren nent basis to oversee
Holden’s Odette Geo- the upcoming maiden
science Pty Ltd. drilling programme and
Hazelden, who was all future campaigns.
a key figure in the hum- What metallurgist
ble beginnings of both Hazelden lacks in direct
Iron Ore Holdings and rare earths operating
Kalium Lakes Ltd, is experience, he believes
already able to draw OD6 was due to start maiden drilling at Splinter Rock at the end of July he and the rest of the
comparisons between OD6 team can make up
his initial exposure to iron ore and potash or pulled altogether on the back of this cur- for with a diverse range of skillsets.
and his newest foray into “flavour of the rent investment malaise, although major “My strength is I’ve taken a company
month” rare earths. corporate finance groups such as BDO from my garage to something which is in
“There’s a bit of déjà vu but I do think have reported the pipeline for smaller list- commissioning at the moment, so I know
you get better at it every time,” Hazelden ings still remains strong. the financing process and I know the per-
told Paydirt following OD6’s June 22 list- “The current environment has turned mitting approvals process,” he said.
ing via an $8 million IPO. just recently, but we managed to get that “Darren brings the geological back-
$8 million in the bank before this window ground and everything else around that,

Seismic Drilling Australia runs a highly experienced and efficient drilling
The Reliable operation which caters for its’ clients’ needs, the safety and wellbeing of its
highly skilled workforce, and on delivering a service with low fuss and minimal
Choice for environmental impact.
Seismic Drilling Australia is Australia’s first indigenous owned and operated
Exploration multipurpose drilling contractor and a Supply Nation registered indigenous provider.

Drilling Phone: +61 8 9302 6777 Email: dm@seismicdrilling.com.au
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