Announcement Date: 2022-07-18
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Odyssey Gold Ltd.
Project name: Tuckanarra
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 14m @ 8.2g/t Au from 95m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Odyssey Gold Limited (ASX:ODY) (“Odyssey” or “Company”) is pleased to announce drill results from the Bottle Dump Target, part of the Tuckanarra Project in the Murchison Goldfields of Western Australia. Odyssey’s Tuckanarra Project is part of the prolific Murchison Goldfields (Figure 5). The Murchison Goldfields are host to a +35Moz gold endowment (historic production plus current resources). Recent drilling by Odyssey has focussed on defining high grade shoots extending below the Bottle Dump, Bollard and Cable Pits, along with extending the system to the north and to the east at the Highway Zone. Several other advanced targets have also been RC drilled, including Maybelle, Maybelle North, Lucknow, Douglas and Cable North. Assay results are pending for over 6,000m of drilling. Recent drilling has highlighted the significant potential at the Highway Zone. The structure is open to the east towards historic soil anomalism and shallow Rotary Air Blast (“RAB”) drilling. The Bottle Dump deposit was mined to a depth of 48m in the early 1990’s before mining was halted as the ores started to transition to primary sulphides. Mined production to the end of 1990 is reported as 43,356t @ 2.9g/t Au. A resource drilling program was completed in 1994-1995 and an updated resource (non-JORC 2012) and metallurgical studies were completed by mid-1995.
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