Odyssey Gold Limited announced further high- grade drill results from drilling along the Cable-Bollard Trend, part of the Tuckanarra Gold Project. Previous mining at Cable-Bollard by Metana Minerals in the 1990's produced 52.9koz Au at an average grade of 3.4g/t Au from shallow oxide pits. Odyssey has demonstrated the potential to grow the system with mineralisation now extending for over 1.6km of strike and to a vertical depth of 150m.

Mineralisation is open down dip and along strike. Drilling has already produced many high-grade extensional and infill gold intercepts. The Company continues a significant program of RC and diamond drilling along the Cable-Bollard Trend to extend the system and identify further high-grade gold mineralisation.

The Cable-Bollard Trend comprises multiple parallel mineralised structures made up of banded iron formation ("BIF") units, sheared quartz veins in mafic intrusives and metavolcanics, and highly silicified ultramafics resembling BIF's, with consistent gold mineralisation occasionally interrupted by barren cross cutting felsic dykes. The Highway Zone (Figure 2) is interpreted to be a continuation of the 1.6km Cable East structure and appears to be a structurally controlled high-grade zone. Historical drilling at the Highway Zone intercepted 20.0m @ 5.7g/t Au (TPH0238), 3.0m @ 9.3g/t Au (TPH0134) and 3.0m @ 4.1g/t Au (TPH0223) at shallow depths.

Odyssey first drilled the Highway Zone in late 2021, with the maiden hole intercepting 12.0m @ 9.1g/t Au in TCKRC0100 interpreted to be down dip of the historical intercepts. Highly encouraging new drill intercepts have now extended the same zone of gold mineralisation along strike by approximately 100m. The Highway Zone is open in all directions.

The favourable lithology may extend for a further 400m to the east based on historical workings, the interpretation of airborne magnetics, and historical mapping. The mineralisation is consistent with the style of mineralisation at Cable-Bollard. Drilling at Cable-Bollard demonstrates that mineralisation extends from the base of the open pits, including 16.0m @ 2.6g/t Au (92TRC0230) and 24.0m @ 1.7g/t Au (92TRC0256).

Drilling by Odyssey demonstrates that this mineralisation extends for over 150m below surface level - 8.0m @ 1.2g/t Au (TCKRC0047).