Odyssey Gold Limited · ASX:ODY
Odyssey Gold — Investor Presentation (May 2025)
24 slides from Odyssey Gold's investor presentation, May 6, 2025
Slide 1: Near Term Development Potential and Exciting Exploration Upside in the Prolific Murchison Gold Belt
Near Term Development Potential AND Exciting For personal use only Exploration Upside in the Prolific Murchison Gold Belt Investor Presentation May 2025 | ASX: ODY ABN 73 116 151 636
Slide 2: Near Term Development Potential plus Exciting Exploration Upside
Near Term Development Potential plus Exciting Exploration Upside • High grade, open pit resources For personal use only • 5.14Mt @ 2.5g/t for 407koz • Mostly on Mining Leases • Mostly laterite, oxide and transitional ore • Extinguished Native Title • No known heritage or enviro issues • Expect fast
Slide 3: Near Term Development Potential
For personal use only Near Term Development Potential 3
Slide 4: Fast track development pathway with no major impediments
Near Term Development Potential Fast track development pathway with no major impediments • High grade, mostly open pit resources Mining proposal completed and approved with grant of Mining Lease M20/527 in 2014 including • Waste rock characterisation • 5.14Mt @ 2.5g/t for 407,000oz For personal use
Slide 5: Mill Access and Collaboration Agreement for the Burnakura Mill
Near Term Development Potential Mill Access and Collaboration Agreement for the Burnakura Mill • Non-binding MOU with JV partner, Monument Mining to access their Burnakura Process Plant. • Burnakura is on care and maintenance and located only about For personal use only 30km east of Tuckanarra, with
Slide 6: Multiple processing options for soft, high-grade ore
Multiple processing options for soft, high-grade ore For personal use only 6
Slide 7: Exciting Exploration Upside
For personal use only Exciting Exploration Upside 7
Slide 8: Phases of Historical Activity
3 Phases of Historical Activity Three phases of historical activity have defined 6 main deposits at Tuckanarra and Stakewell, averaging around 90,000oz each. For personal use only Deposit Historical JORC Total (koz) Production (koz) Resource (koz) Kohinoor 31 22 53 Cable 36 123 159 Bollard 30 46 76
Slide 9: Phase 1: 1890's to 1950's
Phase 1 – 1890’s to 1950’s • Initial discoveries by prospectors in late 1890’s led to a number of productive shafts sunk on high grade quartz veins and BIF For personal use only • Tuckanarra and Stakewell gazetted townsites • State Battery constructed at Tuckanarra 9
Slide 10: Phase 2: 1980's and 1990's
Phase 2 – 1980’s and 1990’s • Revived gold sector encouraged shallow exploration for high grade gold resources in weathered ore, generally around historical Cable workings. • Shallow RAB and RC drilling generally For personal use only limited to known deposits • Some soil sampling and geophysics, ma
Slide 11: Phase 3: 2000 to present
Phase 3 – 2000 to present • Odyssey focused initially on understanding the known shallow deposits and nearby extensions – eg Highway Zone. Maiden JORC resource mostly limited to open-pit depths and top of fresh rock mineralization For personal use only • JORC resource 5.14Mt @ 2.5g/t for 407,000oz -
Slide 12: Next phase – where does the potential lie?
Next phase – where does the potential lie? • In the Yilgarn large scale gold deposits are commonly proximal to the hinges of regional anticlines. For personal use only • This was a major input into targeting that led to the discovery of the Highway Zone. • Approximately 50% of the prospective strati
Slide 13: How do we identify that potential?
Phase 4 – how do we identify that potential? • Excellent correlation between pyrrhotite and gold in fresh rock mineralisation. For personal use only • Pyrrhotite is highly conductive • Electromagnetic (EM) survey techniques can be used to target Drilling Sulphide % high-grade conductive shoots under
Slide 14: How do we identify that potential? (EM targets)
Phase 4 – how do we identify that potential? • Drilling below the base of oxidation has now demonstrated excellent correlation between pyrrhotite and gold in a number of deposits. • Sulfide mineralization is often nearby to high grade For personal use only quartz hosted mineralization as well • EM t
Slide 15: Two example EM conductor targets
Two example EM conductor targets For personal use only • Three conductors are modelled • At the Vivo target a 400m long conductor is modelled at the Pluto target, about • The conductor coincides with an interpreted NE striking 400m north of the Bottle “Tuckanarra” Break, which causes destruction of
Slide 16: Board & management with a proven track record
Board & management with a proven track record CAPITAL STRUCTURE BOARD OF DIRECTORS ODY SHARES ON ISSUE 898.9m Ian Middlemas – Chairman Highly regarded Chairman and resources executive. Mr Middlemas is currently the Chairman of a SHARE PRICE 2/5/25 A$0.023 number of publicly listed companies. For per
Slide 17: Additional Material
For personal use only Additional Material 17
Slide 18: Highway Zone Underground Target
Highway Zone Underground Target ✓ Four holes recently completed along strike and below current resource ✓ All four holes intersected gold mineralisation where targeted For personal use only ✓ EM and geological model very effective for drill targeting ✓ Widespread high grade gold ▪ 7m @ 9.5g/t Au fro
Slide 19: Deeper shoots emerging
Deeper shoots emerging Cable-Bollard-Highway with conceptual pit model (green), underground targets (yellow), EM anomaly 200m west of the For personal use only Cable-Bollard Trend (red ellipse) and 2023 diamond drill holes in light grey. Intersections of over 5g/t are highlighted in red. The high- g
Slide 20: Emerging High Grade Shoot at Bollard
Emerging High Grade Shoot at Bollard ✓ Recent diamond tail targeted interpreted extension down plunge from 11m @ 4.6g/t ✓ Previous RC hole was drilled from foot For personal use only wall and did not reach target ✓ Outstanding high grade results: ✓ 7.65m @ 11.8g/t from 354.5m, and ✓ 3.7m @ 8.3g/t fr
Slide 21: Bollard DHEM enhances targets
Bollard DHEM enhances targets • Recent step out hole 135m down dip allowed a down hole EM survey For personal use only • Conductor coincident and possibly extends previous moving loop anomaly between Cable and Bollard • Cumulatively over 3km of strike from Cable North to the Highway Zone • Shallow l
Slide 22: JORC Gold Resource Estimate (80% ODY)
JORC Gold Resource Estimate (80% ODY) Resource Resource Category Tonnes Grade Metal (Mt) (g/t Au) (koz Au) Open Pit Inferred 3.97 2.1 271 Including: For personal use only • 2.25Mt @ 3.9g/t for 283koz above a Indicated 0.79 2.4 62 2g/t cut-off • 4.2Mt @ 2.3g/t for 311koz on granted mining leases Tota
Slide 23: Disclosures & disclaimers
Disclosures & disclaimers IMPORTANT INFORMATION This presentation has been prepared by Odyssey Gold Ltd (“Odyssey Gold” or the “Company”). This presentation is for information purposes only and should not be considered as an offer or invitation to subscribe for or purchase any securities in the Comp
Slide 24: For personal use only
For personal use only ASX: ODY Level 9, 28 The Esplanade, Perth WA 6000 For further information, please contact: T: +61 8 9322 6322 E: info@odysseygold.com.au Matt Syme, Executive Director +61 8 9322 6322 www.odysseygold.com.au