Odyssey Gold Limited announced drill results from Reverse Circulation ("RC") drilling recently completed at the Tuckanarra JV Project in the Murchison Goldfields of Western Australia. HIGHLIGHTS: Results returned for remaining 24 holes at Cable-Bollard Trend and Highway Zone Drilling continues to successfully define shallow, high-grade extensions to the five existing historical high grade (+2.5g/t) pits at Tuckanarra. Drilling has also successfully intersected bedrock mineralisation demonstrating the potential for future underground mining.

Highway Zone Results: The structure is drilled for over 400m of strike with more than half the holes intersecting over 25 gram metres Au or more. 5m @ 4.4g/t Au from 175m including 2m @ 9.4g/t Au from 175m (TCKRC0100 extension) This intersection is in addition to the 12m @ 6.5g/t Au previously reported. Cable-Bollard Trend Results: Mineralisation now extending over 1.4km of strike and to a vertical depth of 160m.

2.2m @ 10.6g/t Au from 110m including 0.2m @ 103.8g/t Au from 112m (CBDD0006). 3m @ 6.8g/t Au from 27m including 1m @ 19.2g/t Au from 28m (CBRC0007). 8m @ 2.7g/t Au from 27m and 18m @ 1.4g/t Au from 132m (CBRC0036).

6m @ 2.5g/t Au from 73m and 2m @ 6.4g/t Au from 114m (CBRC0006). Current Drilling Strategy: Odyssey's Tuckanarra Project is part of the prolific Murchison Goldfields. The Murchison Goldfields are host to a +35Moz gold endowment (historic production plus current resources).

Recent drilling by Odyssey has focussed on defining high grade shoots extending below the Bottle Dump, Bollard and Cable Pits, along with extending the system to the north and to the east at the highly prospective Highway Zone structure. Several other advanced targets have also been RC drilled, including Maybelle, Lucknow. Highway Zone: The Tuckanarra Project area was mined 1993-1995 focusing on higher grade areas of shallow laterite and oxide mineralisation.

Although drilling demonstrated multiple zones of gold mineralisation extending below the pits, these were not mined due to the low gold price and limitations of processing at the time. Mining was limited to a maximum of ~30m below surface. Historic drilling at Tuckanarra was targeted on >10ppb Au soil anomalies.

Areas with shallow cover, such as at the Highway Zone, have not been identified or drilled with bedrock RC and diamond drilling. Drilling at the Highway Zone completed in late 2021 included results of 7m @ 2.5g/t Au, 14m @ 1.9g/t Au, and 5m @ 2.2g/t Au in TCKRC0101. This drilling highlighted the potential for significant growth of the historic pit to the east of the Bollard Pit.

The Highway Zone is coincident with a east-northeasterly striking regional structure interpreted in airborne magnetics. The mineralisation is in an orientation not previously recognised at the Tuckanarra Project. RC drilling has continued at the Highway Zone.

Results for 3 holes have returned, confirming the broad width of mineralisation on the structure of 20-40m true width. The latest result is an extension of a hole drilled in late 2021 that was interpreted to have not drilled the full width of the structure: TCKRC0100 extension. 2m @ 3.9g/t Au from 156m and 5m @ 4.4g/t Au from 175m including 2m @ 9.4g/t Au from 175m.

In addition to previous results of 12m @ 6.5g/t Au from 132m: Hole TCKRC0100 corelates well with adjacent holes TCKRC101, CBRC0065, CBRC0055 confirming a 20-40m wide mineralised shoot of 100m strike length extending from surface to at least 200m below surface. The structure remains open to the east towards a historic RAB result 3m @ 3.0g/t Au (TPH0150) and 3m @0.7g/t (TPH0151). These intersections in oxide are logged as "sulphidic schists" which could similarly be used describe the Highway Zone to the west.

Drillholes CBRC0127 and CBRC0128 targeted the south extension of the highway zone drilled to the west of the structure and did not intersect mineralisation. Cable Pit: Drilling along the Cable-Bollard Trend in 2021 identified the 600m of strike length immediately below the 35m deep Cable Pit and to the south as one of several significant shoots on the Tuckanarra Project. The shoot plunges shallowly to the south.

Two styles of bedrock mineralisation are observed. Sulphidic mineralisation associated with the intersection of structure with a thicker banded iron formation (Cable East) producing relatively continuous 1.5-3.5g/t Au mineralisation, and Cable West style mineralisation which is high-grade laminated veins with coarse gold, commonly sub-parallel to the Cable East mineralisation.