- Odyssey Gold (ODY) has struck more visible gold at a newly discovered prospect within its Stakewell tenements in Western Australia
- The discovery was unearthed from the Blue Gino Prospect, which the ASX-lister affirms has never been identified or drilled by previous explorers
- According to ODY, the gold mineralisation was identified in near-surface quartz veining with the mineralisation said to be associated with one to two per cent pyrrhotite sulphides within a vein system extending for approximately 300 metres
- On the back of the find, Odyssey has flagged plans for further exploration efforts to pin down drill targets for another round of drilling
- The discovery comes as the explorer wraps up a combined 63-hole drilling campaign within its neighbouring Tuckanarra project, which also yielded a visible gold find
- Odyssey Gold shares are trading in the grey at 16 cents
Odyssey Gold (ODY) has struck more visible gold at a newly discovered prospect within its Stakewell tenements in Western Australia.
The discovery was made at the Blue Gino Prospect, which Odyssey affirms has never been identified or drilled by previous explorers due to shallow cover obscuring the quartz vein.
Specifically, gold mineralisation has been identified in near-surface quartz veining and the mineralisation is said to be associated with one to two per cent pyrrhotite sulphides within a vein system extending for approximately 300 metres.
Odyssey said additional exploration efforts are being fast-tracked as a result of the find, with the aim of developing drill targets for the next round of drilling.
Source: Odyssey Gold (ASX:ODY)
The find comes as the explorer wraps up a combined 63-hole maiden reverse circulation and diamond drill effort at the neighbouring Bottle Dump prospect within its Tuckanarra site, which notably yielded its initial visible gold find earlier this month.
Multiple further assays are pending and planning for the next phase of drilling is said to be well-advanced according to ODY.
Odyssey Gold’s Executive Director Matt Syme said the find highlights the exploration potential of Stakewell and Tuckanarra.
“We are very pleased with results to date from our initial exploration campaign, with significant results already at Bottle Dump and new results at Blue Gino and also Cable,” he commented.
“We are looking forward to receiving the remaining assay results and the re-mobilisation of the drill rigs to continue unlocking this exciting exploration potential,” he concluded.
Odyssey Gold shares are trading in the grey at 16 cents at 11:04 am AEST.