Odessa Minerals Limited announced that it has applied for 2,143 square kilometres of new exploration license applications in the Gascoyne Terrane. The Gascoyne East Project consists of six new exploration license applications. The project is approximately 90% covered by colluvium gravels and cover sediments and, as such, has received minimal previous exploration.

The area is interpreted as predominantly underlain by Gascoyne Terrane Moorarie Supersuite granitoidsa potential host for the carbonatite hosted REE mineralisation analogous to other discoveries elsewhere in the Gascoyne. The project is located approximately 80 kilometres to the south-southeast, and along a dominant regional structural trend, from Kingfisher Mining Ltd.'s Mick Well rare earth element discovery, and approximately 16 kilometres north of Krakatoa Resources Mt Clere REE project. The NE quadrant of the project area includes Edmund (basin) Group sediments including pelites and sandstones.

Elsewhere, the Edmund Group is host to the large-scale base-metal deposits (such as the large Abra Deposit controlled by Galena Mining Ltd). Work by Geoscience Australia and others published in 2019 (Czarnota et al, 2019) suggests a deep tectonic zone controls giant copper and other metal deposits in Australia such as Olympic Dam (SA), Telfer (WA) and Mt Isa (QLD) deposits, as well as analogies elsewhere in the world, with this same `gigayear stability' gradient zone transecting the Gascoyne East area.