Assay Results of Metallurgical Drillholes

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Stock Odyssey Gold Ltd (ODY.ASX)
Release Time 11 Mar 2026, 9:32 a.m.
Price Sensitive Yes
 Odyssey Gold Announces Assay Results of Metallurgical Drillholes
Key Points
  • Two shallow diamond holes drilled to generate samples for metallurgical recovery testwork
  • Results include 22.3m @ 7.4g/t Au and 3.7m @ 1.2g/t Au
  • Drilling conducted to twin existing holes and generate a production composite
Full Summary

Odyssey Gold Limited (ASX:ODY) has announced assay results from a metallurgical drilling program at the Tuckanarra Gold Project in the Murchison Region of Western Australia. The drilling program consisted of two shallow diamond holes designed to generate samples for gravity and leach metallurgical recovery testwork. Results include 22.3m @ 7.4g/t Au (true width ~15m) from 8.7m and 3.7m @ 1.2g/t Au (true width ~2m) from 48.2m in hole MET002, as well as 3.75m @ 0.9g/t Au from 1.4m in hole MET001. The drilling was conducted to twin existing holes and, along with existing samples, generate a production composite with material proportions and average grade similar to the proposed initial shallow stage of mining. The recent results outperformed the historic holes being twinned, with the grade difference potentially due to the high nugget of the deposit, use of partial digestion assays in the 1992 drilling, or a grade bias introduced if higher grade mineralisation was preferentially recovered. Gravity and leach recovery testwork is underway, though hole MET002 was unable to be used as the sample grades significantly exceeded the targeted grade range. The Company plans to commence an RC drilling program to target potential extensions to the Mineral Resource Estimate.

Guidance

The Company has not provided any high-importance, price-sensitive forward-looking financial metrics or guidance.

Outlook

The Company plans to commence an RC drilling program to target potential extensions to the Mineral Resource Estimate, and continue with metallurgical testwork on the Tuckanarra Gold Project.