Odyssey Gold Limited advised that drilling is planned to commence in the coming days at the Highway Zone on the Company's Tuckanarra Project. 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) with 7.5Mtpa of processing capacity within 120km of the Tuckanarra Project. Odyssey's 2022 reverse circulation ("RC") drilling campaign has identified a mineralised shoot with significant scale potential. The first hole at the Highway Zone was drilled in late 2021 with a result of 2021 of 7m @ 2.5g/t Au, 14m @ 1.9g/t and 5m @ 2.2g/t Au in TCKRC0101 at the Highway Zone. Historic rotary air blast ("RAB") drilling intersected oxide mineralisation starts as shallow as 9m vertically below surface. Enrichment of gold in oxide is seen in several open pits mined at Tuckanarra.
The Highway Zone shows the same enrichment of widths and gold grades in oxide. Three phases of drilling are planned at the Highway Zone. The first will drill the structure in the oxide zone to add shallow mineralisation to support open pit evaluation. The second phase of drilling will extend the structure along strike, in particular, to the northeast towards the encouraging RAB, rock chip and soil samples. The third phase of drilling will grow >5g/t Au mineralisation down dip to demonstrate the scale of underground mining potential. Underground mines in the area extend to over 1km depth. The deepest intersection at the Highway Zone intersected the structure 200m below surface. The structure is open down dip. The Company has a portfolio of advanced open pit and underground targets being actively explored.