| Announcement Date: | 2022-07-25 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Odyssey Gold Ltd. |
| Project name: | Tuckanarra |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 4m @ 53.9g/t Au from 124m |
| 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 progress drill results from Reverse Circulation (“RC”) drilling recently completed at the Maybelle Deposit, part of the Tuckanarra Project in the Murchison Goldfields of Western Australia. 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 highly prospective Highway Zone structure. Several other advanced targets have also been RC drilled, including Maybelle, Maybelle North, Lucknow, Douglas and Cable North (Figure 6). Maybelle Background Gold mineralisation at Maybelle is associated with steeply dipping sheared sediment that extends for over 1.5km along a line of historical workings. A shallow oxide pit, on the southern 450m of sediment, was predominantly mined in the mid 1990’s. Total bedrock drilling at Maybelle since discovery includes 56 RC holes and 7 diamond drillholes with most holes less than 60m in depth and only one hole deeper than 100m below surface. Mining was to a maximum of 26m below surface. Ore treated from mining at Maybelle up to 1904 is reported as ~554t @ 5.7g/t Au for 103oz produced. Subsequent open pit mining to a depth of 30m |
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