After much hunting and a lot of research this does not spawn every 6 hours. That is the typical timer for normal rare spawns. This particular one has more of a random timer - it can often take days before it spawns again. On the rare occasion more than 1 will be reported in a 24 hour period but usually its several days.

My advice after spending a combined 12-15 hours hunting it and not even seeing its corpse (though I did see another rare 4 times): don't bother. You could spend 100 hours straight and not even see it spawn, and you'd know because the corpse sticks around for 30 minutes. Also it has a rather large spawning area covering roughly half of storm peaks, and it flies anywhere from 30 - 100 yards in the sky so you have to get it close to a mountain side or train it to the ground (make sure you have slow fall) and also it likes to stay at range so if you're a melee class good luck.

My new strategy is to spam the macro whenever im flying through storm peaks for dailies or heroic runs, and if I get lucky, I get lucky. But it's not worth spending dozens or hundreds of hours on. Get the heroic achievement drake instead.

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