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Odyssey Gold Ltd (ASX:ODY)

ALERT: Price-sensitive ASX Announcement for ODY
Current share price for ODY : $0.032 0.002 (6.67%)+
Announcement
Release
29 Jul 2026 9:01AM
Price at Release
$0.030
Full Release
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Summary
Odyssey Gold Ltd presented its June 2026 Quarterly Report, highlighting significant progress in its Tuckanarra Gold Project. The report confirmed that the Stage 1 Scoping Study has established Tuckanarra as a promising gold mining venture, with planned production of approximately 79,000 ounces of gold. Odyssey has entered into a Toll Milling Agreement with Gylden Resources Pty Ltd, with plans to process up to 750,000 tonnes in 2027. Additionally, an updated Mineral Resource Estimate for the Cable Deposit was completed, indicating a resource of 158,000 ounces of gold. The commencement of the Stage 2 Scoping Study aims to explore longer-term potential, encompassing an on-site treatment scenario. Significant metallurgical test results show gold leach recovery rates exceeding 95%. The company also reported several notable drilling results, emphasizing the potential for future exploration and resource expansion.
Key Points
  • Completion of Stage 1 Scoping Study for Tuckanarra Gold Project.
  • Toll Milling Agreement with Gylden Resources Pty Ltd for 2027.
  • Updated Mineral Resource Estimate for the Cable Deposit.
  • Stage 2 Scoping Study commencement for long-term potential.
  • High gold leach recovery rates from metallurgical tests.
  • Notable drilling results indicating further exploration potential.
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.