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Odyssey Gold (ASX:ODY) confirms high-grade gold potential at Tuckanarra

Mining
ASX:ODY      MCAP $19.77M
03 February 2021 13:40 (AEST)

Odyssey Gold (ODY) has confirmed high-grade gold potential at its Tuckanarra Project in Western Australia.

The company has received results from new high-grade gold assays on previously un-assayed diamond drill core.

The assays analyse four HQ core holes drilled in 2015 by the previous owners.

Promsingly, Odyssey says these results confirm the presence and strong potential for extensions of high-grade gold mineralisation at Tuckanarra.

Intercepts include six metres at 22.4 g/t of gold from 34 metres and 1.7 metres at 13.4 g/t of gold from 59 metres.

Executive Director Matt Syme says the results have provided a stronger understanding of the gold mineralisation system at Tuckanarra.

“These results have provided a stronger understanding of the Tuckanarra gold mineralisation system. They support the company’s view that the high-grade gold mineralisation is largely open at depth in many areas of Tuckanarra,” he said.

“Importantly, the mineralisation recorded in 15MTKDD001 demonstrates
one of the main styles of mineralisation that we are targeting at Tuckanarra – brecciated veining with sulphide infill,” he added.

On the market today, Odyssey is down 2.67 per cent and trading at 7.3 cents per share at 12:26 pm AEDT.

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