Quarterly exploration update

Odyssey Gold (ASX:ODY) has released its quarterly report for the period ending 30 September 2024. The company is concentrating on its Tuckanarra Gold Project in the Murchison Goldfields, Western Australia. Key activities include diamond drilling at the Highway Zone, a completed FLEM survey, and planning for an airborne survey. Financially, Odyssey Gold remains strong with $2.6 million in cash reserves.

Strategic exploration and future outlook

Odyssey Gold is actively advancing its exploration efforts at the Tuckanarra Gold Project, focusing on expanding its mineral resources. The recent diamond drilling and FLEM survey have shown promising results, and the company plans further drilling to enhance the Highway Zone's inferred resources. With cash reserves of $2.6 million, Odyssey Gold is financially positioned to continue its exploration and engage with partners for potential resource monetization. Their strategic location and exploration plans aim to uncover significant underground mining opportunities in Western Australia.

Executive commentary on exploration progress

We are pleased with the progress made at the Highway Zone, where diamond drilling has intersected sulphide mineralisation. The FLEM survey results are encouraging, and we are eager to continue our efforts to expand the resource base.