
June 22, 2025
DY6 Metals Ltd (ASX: DY6, “DY6” or the “Company”) is pleased to announce the initial visual estimations from the reconnaissance exploration program at the Douala Basin HMS Project, Cameroon. Desktop studies incorporating detailed geological mapping, geophysics, and known mineral occurrences, were used to define initial, high priority targets for ground- truthing. The reconnaissance programme, which consisted of hand auger and channel sampling, was successful in identifying high estimated concentrations of heavy mineral (HM) mineralisation across all the six tenements that make up the project. Additionally, the Company’s consultants have observed the presence of natural rutile grains within panned concentrates.
HIGHLIGHTS
- The Company’s reconnaissance auger and channel sampling programme has been completed at the Douala Basin HMS Project
- Reconnaissance sampling undertaken across the 6 Douala Basin tenements has identified thick zones of high estimated concentrations of heavy minerals (HM) as well as natural rutile
- Work at the Douala Basin Project followed up on historical HM occurrences identified by previous Eramet drilling, as well as priority areas identified through the Company’s internal reviews
- Samples collected from the reconnaissance program are due to be submitted for laboratory analysis in the coming weeks, with results expected in the September quarter
- At Douala Basin, exploration will transition to a detailed campaign of auger drilling
Samples collected from this initial exploration programme are currently being prepped for dispatch to the Company’s laboratory for analysis in South Africa, with results expected in the September quarter.
Technical Consultant, Cliff Fitzhenry, commented: “While the Company’s primary focus is on the Central Rutile Project, where we have recently reported the presence of wide-spread residual natural rutile mineralisation, we believe that the Douala Basin HMS project has significant potential. The reconnaissance programme has over the last few weeks 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 programme in the coming months.”
Reconnaissance exploration at the Douala Basin HMS Project
As announced on 5 June 2025, the Company commenced reconnaissance auger and grab sampling programmes at the Central Rutile and Douala Basin HMS projects, Cameroon. At the Douala Basin project, the Company has completed 12 hand auger drill holes (refer Figure 1), collecting 53 samples in the process, as well as collected 38 channel samples from 11 surfaces for analysis (refer Tables 1 & 2).

Cautionary Statement:
The Company cautions that, with respect to any visual mineralisation 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 programmes will be required to understand the grade and extent of mineralisation. Initial assay results are expected in August 2025.
Click here for the full ASX Release
This article includes content from DY6 Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
DY6:AU
The Conversation (0)
10 July 2024
DY6 Metals
Developing new sources of critical minerals to power the green energy transition
Developing new sources of critical minerals to power the green energy transition Keep Reading...
24 July 2024
Quarterly Activities Report for the Period Ended 30 June 2024
Heavy rare earths and critical metals explorer DY6 Metals Ltd (ASX: DY6) (“DY6”, “the Company”) is pleased to present its quarterly activities report for the June 2024 quarter. Tundulu (REE)Historical high-grade drill intercepts reported at Tundulu including1:101m @ 1.02% TREO, 3.6% P2O5 from... Keep Reading...
02 July 2024
Reconnaissance Sampling Program Commences at Ngala Hill PGE Project to Follow up Historical Targets
DY6 Metals Ltd (ASX: DY6, “DY6” or the “Company”), a strategic metals explorer targeting Heavy Rare Earths (HREE) and Niobium (Nb) in southern Malawi, is pleased to report it is preparing for commencement of a reconnaissance program at the Company’s highly prospective PGE project at Ngala Hill... Keep Reading...
29 June 2023
Heavy Rare Earths & Niobium Explorer DY6 Metals Lists On ASX Following Successful $7M IPO
Heavy rare earths and niobium explorer DY6 Metals Limited (ASX: DY6) (“DY6”, “the Company”) is pleased to announce that its shares will begin trading on the Australian Securities Exchange at 9am Perth today. $7 million successfully raised via IPO, including $2.5 million from Hong Kong- based... Keep Reading...
20 November
MP Materials, US Department of Defense Strike Saudi Rare Earths Refinery Deal
MP Materials (NYSE:MP) and the US Department of Defense have entered into a joint venture with Saudi Arabia’s Maaden to build a rare earths refinery in the Kingdom, marking the first major project under a new US-Saudi critical minerals cooperation framework signed in Washington this week.The... Keep Reading...
19 November
Start of Cross-Trading on OTCQB Venture Market
Appointment of U.S. Broker and Financial Advisor
Harena Rare Earths Plc (LSE: HREE), the rare earths company focused on the Ampasindava ionic clay rare earth project in Madagascar (the "Ampasindava Project"), is pleased to announce that its ordinary shares of 0.5 pence each ("Ordinary Shares") have been approved to trade on the OTCQB Venture... Keep Reading...
19 November
Australia's Gina Rinehart Now Top MP Materials Shareholder
Gina Rinehart, owner and CEO of private Australian mining company Hancock Prospecting, has become the largest shareholder of rare earths company MP Materials (NYSE:MP). Rinehart's stake in MP, which she owns via Hancock, now stands at 8.4 percent. According to Bloomberg, Hancock added 1 million... Keep Reading...
17 November
Living Plants Offer New Path to Rare Earths Supply, Study Shows
Researchers have documented the first known recovery of naturally formed nanoscale monazite from a living plant, potentially opening up new paths to recover in-demand rare earth materials.The study, published this month in Environmental Science & Technology, identifies nanoscale monazite... Keep Reading...
17 November
Graphite One Confirms Rare Earth Elements at Alaska Deposit
Graphite One (TSXV:GPH,OTCQX:GPHOF) announced on November 13 that it has identified rare earth elements (REEs) at its Graphite Creek deposit, located north of Nome, Alaska.“The presence of two Defense Production Act Title III materials — graphite and REEs — in a single deposit further... Keep Reading...
17 November
Columbia Partnership Accelerates U.S. Rare Earth & Critical Minerals Processing Strategy
The collaboration strengthens Locksley’s U.S. based rare earth recovery capability and further builds out the Company’s expanding Mine-to-Market critical minerals platform, at a time when the United States is accelerating investment in domestic alternatives to Chinese-controlled supply chains and expanding critical minerals development.
Locksley Resources Ltd (ASX: LKY, OTCQX: LKYRF, FSE: X5L) (“Locksley” or the “Company”), is pleased to announce it has formalised a research collaboration with Columbia University, one of the United States’ premier institutions in sustainable mineral processing, to advance next-generation... Keep Reading...
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






