More Excellent Drill Results from Tuckanarra

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Stock Odyssey Gold Ltd (ODY.ASX)
Release Time 3 Dec 2025, 8:43 a.m.
Price Sensitive Yes
 More Excellent Drill Results from Tuckanarra
Key Points
  • Significant high-grade intercepts up to 19m @ 13.7g/t Au in fresh rock
  • Thick oxide mineralisation up to 26m @ 2.3g/t Au
  • Drilling confirms geological continuity and supports resource upgrade
Full Summary

Odyssey Gold Ltd (ASX:ODY) has reported further excellent results from the ongoing reverse circulation (RC) drilling program at the Tuckanarra Gold Project in the Murchison Region of Western Australia. The drilling has intersected significant high-grade intercepts in fresh rock, including 19m @ 13.7g/t Au from 61m, 14m @ 13.6g/t Au from 158m, and 7m @ 16.5g/t Au from 170m. The drilling has also defined thick oxide mineralisation, with results such as 13m @ 3.3g/t Au from 23m, 26m @ 2.3g/t Au from 42m, and 10m @ 1.8g/t Au from 30m. The drilling has confirmed the geological interpretation and demonstrated grade continuity, giving confidence for substantial conversion of the Mineral Resource Estimate (MRE) to the Indicated category. The current MRE for the Tuckanarra Project is 5.14Mt @ 2.5g/t Au for 407koz, including a high-grade subset of 2.25Mt @ 3.9g/t for 283koz. The Highway Deposit, which is the focus of the current drilling, has an MRE of 790kt @ 3.8g/t for 97koz. The company plans to update the resource estimate following the receipt of the remaining assay results, and also has metallurgical testwork and flora and fauna surveys underway in preparation for the submission of an updated native vegetation clearing permit.

Outlook

The company is confident that the drilling results will support a substantial conversion of the Mineral Resource Estimate to the Indicated category, which will advance the project towards future economic studies and development.