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Odyssey Gold Ltd (ASX:ODY)

ALERT: Price-sensitive ASX Announcement for ODY
Current share price for ODY : $0.032 -0.001 (-3.03%)+
Announcement
Release
6 Jul 2026 9:18AM
Price at Release
$0.033
Full Release
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Summary
Odyssey Gold Ltd has announced significant progress in their Cable Drill Program, which is central to the development strategy at the Tuckanarra Gold Project in Western Australia. The recent drilling results have reinforced confidence in the Mineral Resource Estimate (MRE) and highlighted potential extensions beneath the existing Cable MRE. The results from the infill drilling program, comprising over 190 holes and 15,000 meters since March 2026, include high-grade gold intersections such as 5m @ 15.6g/t Au and 7m @ 4.6g/t Au. This drilling is part of a broader effort to support resource growth, mine design optimization, and other critical studies for advancing the project. The Cable deposit, characterized by a strong Indicated and Inferred MRE, forms the foundation of Odyssey's staged development approach. Odyssey plans to continue exploration alongside development studies to further expand the resource potential of the Tuckanarra district.
Key Points
  • Infill drilling supports Cable as the cornerstone of Odyssey's development strategy.
  • Drilling results enhance MRE confidence and confirm extensions.
  • Drilling program includes over 190 holes and 15,000 meters.
  • High-grade intersections include 5m @ 15.6g/t Au and 7m @ 4.6g/t Au.
  • Program supports resource growth, mine design optimization, and other studies.
  • Cable deposit forms foundation of Odyssey's staged development strategy.
  • Odyssey plans continued exploration for resource growth in Tuckanarra.
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.