Media

ACDC Metals listed on the ASX on the 17th January 2023.

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Gold Coast Investment Showcase - CEO Tom Davidson presenting - June 2023
#ASX#EV #battery #batterymetals #windenergy #monazite #mineralsand #drilling #rareearth #REE

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Key Highlights:

 Drilling has commenced across ACDC’s heavy mineral sands and rare earth element projects in Western Victoria.
 The aircore drill program will total approximately 7,500 metres and is expected to take 2 months to complete.
 Drilling to be completed at all 3 projects; Goschen Central, Watchem North and Douglas Projects.
 Economic Studies for the Goschen Central project and rare earth element processing plant remain on track for release in early 2024.
 Metallurgical sample been delivered to Mineral Technologies Ltd in Queensland for pilot plant testwork for the Goschen central project

Please refer to ASX release dated 17 January 2024 for complete information and Competent Person Statement for this announcement.

ACDC Metals Limited (ASX: ADC) (“ACDC Metals” or the “Company”) is pleased to announce the commencement of an extensive aircore drilling program across the Company’s heavy mineral sand (“HMS”) and rare earth element (“REE”) projects in western Victoria, Australia. The program is designed to extend potential high grades zones at Goschen Central and advance our understanding of the opportunities at Watchem North and Douglas.

ACDC Metals CEO Tom Davidson commented:

“We are very pleased to be back out in the field with this 7,500 metre program. The aircore drilling at Goschen Central will enable us to target potential for tonnage and grade improvement highlighted in the recent JORC mineral resource estimate, to add value to this already significant resource.

The programs at both Watchem North and Douglas will build upon the great results from our 2023 campaigns, as we work to further expand and develop our portfolio of projects.

It’s an exciting period for the Company, and we’re active advancing our entire portfolio. Investors can look forward to steady news flow in the coming months from our exploration, metallurgical piloting, and economic evaluation of our valuable mineral sands and rare earths assets.”

Drill Program
ACDC Metals have engaged Broken Hill Drilling Pty Ltd to complete a large aircore drilling program of approximately 7,500 metres, over 180 holes across the company’s three HMS/REE projects. Drilling commenced at Goschen Central on the 16th January and is anticipated to be completed in Q1 2024.

Drilling at Goschen Central will expand upon drilling completed to date and the 2023 JORC mineral resource estimate . The program will consist of approximately 80 holes designed with the intent of increasing the potential high grade zone and our understanding of mineralisation.

At Watchem North (EL7687 and 7685) the program will build on the work completed in 2023 at EL7642, and extend to the exploration licences acquired via joint venture to the north and test for strike extensions to known mineralisation . The low impact exploration program will be conducted on roadsides at a broad spacing.
The Douglas drilling program shall be undertaken on roadsides and infill drilling that was completed in 2023, to provide greater confidence in the project potential.

Scoping Studies

As announced in 2023 , ACDC Metals is currently completing scoping studies for the Goschen Central project and the rare earth element processing plant. Both studies are in their finals reviews and we propose to release to the market in Q1 2024. The studies will enable techno-economic evaluations of the projects and map out the next steps of development.

Pilot Plant program

In the 2023 in-fill program at Goschen Central (EL5278) additional sample was collected for mineral sand flowsheet development, and to produce a monazite concentrate. 2.5 tonnes of mineralised material has been delivered to industry expert Mineral Technologies Ltd, located at Carrara, Queensland, where the material will be processed to produce a heavy mineral concentrate and a rare earth concentrate. The program will gather key information regarding process design to reduce the timeline for delivery of prefeasibility studies.

The program will enable further development of our rare earth processing project, with the monazite concentrate to undergo an extensive testwork program at ANSTO. The ANSTO program will be designed to validate key parts of the process flow sheet and enable the next level of engineering development to commence.

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Please refer to ASX release dated 17 January 2024 for complete information and Competent Person Statement for this announcement.

We refer shareholders and interested parties to the website www.acdcmetals.com.au where they can access the most recent corporate presentation, video interviews and other information.

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Tom Davidson, CEO of ACDC Metals (ASX:ADC) delivered his presentation to full auditorium at the RIU Explorers annual ...

Tom Davidson, CEO of ASX-listed ACDC Metals Ltd (ASX:ADC) presented at the https://www.techknowinvestroadshow.com.au/ in Melbourne on 3 August 2023.

The focus on the presentation was ACDCs innovative processing techniques to extract and separate REE’s from mineral sand monazite and achieve maximum shareholder value and resource efficiency.

You can view the presentation at www.acdcmetals.com.au/investors/media/or here on youtube at https://youtu.be/bGEI6KzvmaM

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Link to register to watch Tom's presentation at RIU Presentation Tuesday 18 February 4:50pm WA | 7:50pm Syd- Melb | 6:50pm ...

Key Highlights

• Assays received for a further 64 drill holes at the Goschen Central project.
• Results extend the zone of high-grade mineralisation.
• 32 holes report intervals greater than 4%
• Drilling at North Watchem and Douglas has commenced.
• Pilot plant program at Mineral Technologies remains on track, with results and samples due in April 2024.
• Scoping studies remain on track for Q1 2024 release.

Please refer to ASX release dated 15 March 2024 for complete information and Competent Person Statement for this announcement.


ACDC Metals Limited (ASX: ADC) (ACDC Metals or the Company) is pleased to announce results from aircore drilling at the Goschen Central heavy mineral sand (HMS) and rare earth element (REE) project in the Murray Basin of western Victoria, Australia. These results extend beyond the indicated resource footprint calculated during 2023 and will contribute to a resource upgrade that is expected during Q2 2024.

Significant intercepts include:
• 16.5m @ 2.33% HM from 21.0m, including 1.5m @ 9.15% HM from 28.50m (24GC018).
• 28.50m @ 1.4% HM from 13.50m, including 1.50m @ 8.530% HM from 27.00m (24GC015).
• 10.50m @ 2.7% HM from 27.00m, including 1.50m @ 7.530% HM from 28.50m (24GC021).
• 12.00m @ 2.990% HM from 24.00m, including 1.50m @ 7.520% HM from 33.00m (24GC063).
• 15.00m @ 2.154% HM from 25.50m, including 1.50m @ 7.200% HM from 28.50m (24GC017)
• 13.50m @ 2.147% HM from 28.50m, including 1.50m @ 7.030% HM from 30.00m (24GC051)
Results summarised above and provided in full in Appendix 1 are from the 68 aircore drill holes completed at the Goschen Central project in January 2024.

ACDC Metals CEO Tom Davidson commented:

“We are very pleased with these drill results which have potential to significantly increase the size and grade of the Goschen Central heavy mineral sand resource. This drilling along with further mineralogical studies highlights the potential of the Goschen Central project to be a long lived supplier of rare earth elements, zircon and titanium.

We look forward to integrating these results in the second quarter when we update the Goschen central resource estimate.”

This extension drilling stepped out from the previously estimated indicated resource as represented in figure 1. The program was designed to explore for extensions of the high-grade zone and increase geological confidence to enable upgrading to the resource.

Numerous holes have intersected greater maximum HM% intervals than the previously reported drill results in 2023. These results all support that the high-grade zone remains open to the east, where there is potential for further extensions.

The results support the ACDC Metals’ view that the Goschen Central project has potential to support a significant heavy mineral sand and rare earth element project, with high grades and a high value assemblage. Composites are now being compiled and will be sent for further mineralogy and provide further data to upgrade the resource estimate.


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Please refer to ASX release dated 15 March 2024 for complete information and Competent Person Statement for this announcement.

We refer shareholders and interested parties to the website www.acdcmetals.com.au where they can access the most recent corporate presentation, video interviews and other information.

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Key Highlights:

• Maiden JORC compliant Mineral Resource of 122 million tonnes @ 3.4% total heavy mineral (THM) and 1013 ppm total rare earth oxide (TREO) at a 2% THM cut off.
• Higher grade resource of 28 million tonnes @ 4.0% THM (Indicated).
• Very high value mineral suite: 24% Zircon, 9% Rutile, 3.7% Monazite, 0.4% Xenotime (3.0% TREO) and 35% Ilmenite + Leucoxene.
• Opportunity to upgrade and include the 20 – 38µm fine fraction into future resource calculations.
• Resource open to the north, south and west.
• Additional aircore drilling planned to commence in 2024 for resource extension.
• Scoping Studies underway for Goschen Central Project and downstream rare earth processing plant; results expected later this year.

ACDC Metals Limited (ASX: ADC) (“ACDC Metals” or the “Company”) is pleased to announce a maiden JORC compliant Mineral Resource for the Goschen Central project in western Victoria. The Resource is the result of aircore drilling undertaken throughout 2022 and 2023. This is the first resource calculated across ACDC Metals’ multi-project 2,536 km2 Murray Basin land tenement package, and sets the stage for resource growth and economic studies at the Goschen Central project. In addition, the exploration potential at the Watchem and Douglas Projects continues to be tested.

The Goschen Central deposit remains open in multiple directions and ACDC Metals anticipates resource growth following extension drilling in 2024. The Mineral Resource details are outlined in Table 1.

CEO Tom Davidson commented:

“Our maiden Mineral Resource marks another key milestone for ACDC Metals, and it is very satisfying to share this with our investors and supporters. The estimate shows a significant and large deposit with a high value mineral assemblage; in particular the zircon, monazite and TREO grades. The Goschen Central project has potential to support a multi-decade operation and be a significant project for the domestic supply of critical minerals. The project aligns well with peer projects in the region and shows the value in Murray Basin.

We look forward to getting underway with the next round of drilling, and our team on the ground are preparing to further extend grade and confidence. We remain confident that we can build on this maiden resource.”

Please refer to ASX release dated 8 November 2023 for complete information and Competent Person Statement for this announcement

We refer shareholders and interested parties to the website www.acdcmetals.com.au where they can access the most recent corporate presentation, video interviews and other information.

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