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Odyssey Gold Ltd (ASX:ODY)

ALERT: Price-sensitive ASX Announcement for ODY
Current share price for ODY : $0.034 0.005 (15.52%)+
Announcement
Release
3 Dec 2025 8:43AM
Price at Release
$0.029
Full Release
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Summary
Odyssey Gold Limited has announced further outstanding results from its ongoing reverse circulation drilling program at the Tuckanarra Gold Project in Western Australia. Significant progress has been made in resource definition, particularly at the Highway Deposit, where high-grade fresh mineralization has been intersected, including notable intercepts of 19m at 13.7g/t Au and 14m at 13.6g/t Au. The Tuckanarra project has a predominantly open pit Indicated and Inferred Mineral Resource Estimate of 5.14Mt at 2.5g/t Au. The drilling results confirm the geological interpretation and demonstrate grade continuity, supporting the potential for substantial conversion of the Mineral Resource Estimate to an Indicated Category. The company's Executive Director, Matt Syme, expressed confidence in the deposit's potential as a significant open pit mining prospect with exploration potential for deeper mineralization.
Key Points
  • Outstanding drill results announced at Tuckanarra Gold Project.
  • Significant resource definition progress at Highway Deposit.
  • High-grade intercepts include 19m at 13.7g/t Au and 14m at 13.6g/t Au.
  • Tuckanarra project has an Indicated and Inferred MRE of 5.14Mt at 2.5g/t Au.
  • Drilling confirms geological interpretation and grade continuity.
  • Potential for substantial conversion of MRE to Indicated Category.
  • Highway Deposit becoming an excellent open pit mining prospect.
  • Executive Director Matt Syme expresses confidence in the deposit.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.