InvestSMART

Odyssey Gold Ltd (ASX:ODY)

ALERT: Price-sensitive ASX Announcement for ODY
Current share price for ODY : $0.032 -0.002 (-5.97%)+
Release
7 Jul 2026 9:00AM
Price at Release
$0.034
Full Release
download
Summary
Odyssey Gold Ltd has reported an updated Mineral Resource Estimate (MRE) for the Cable deposit at its Tuckanarra Project, located in the Murchison Goldfields of Western Australia. The updated MRE, prepared by Helena Consulting Pty Ltd, reports a total of 2.75 million tonnes at 1.8 g/t gold for 158,000 ounces, with a 60% increase in indicated resources. The resource includes both open pit and underground components, highlighting the potential for further resource expansion through additional drilling. The Tuckanarra Project overall comprises 6.3 million tonnes at 2.2 g/t gold, totaling 451,000 ounces of gold. The company plans to focus on further drilling to test extensions and high-grade mineralization continuity, as well as advance development studies and approvals for the project.
Key Points
  • Odyssey Gold Ltd updated Cable Mineral Resource Estimate
  • 60% increase in indicated resources
  • Total of 2.75 million tonnes at 1.8 g/t gold for 158,000 ounces
  • Tuckanarra Project total 6.3 million tonnes at 2.2 g/t gold
  • 451,000 ounces of gold for Tuckanarra Project
  • Further drilling to test extensions and high-grade continuity
  • Focus on advancing development studies and approvals
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.