Odyssey Gold Limited · ASX:ODY
Odyssey Gold — Investor Presentation (March 2021)
31 slides from Odyssey Gold's investor presentation, Mar 25, 2021
Slide 1: ASX Announcement: Investor Presentation
ASX ANNOUNCEMENT 25 March 2021 For personal use only INVESTOR PRESENTATION Odyssey Gold Limited (ASX:ODY) (“Odyssey” or “Company”) is pleased to release an investor presentation providing an update on the Company’s activities across its two high-grade gold projects in the Murchison Goldfields. In ad
Slide 2: Investor Presentation March 2021
For personal use only INVESTOR PRESENTATION MARCH 2021 1 ASX: ODY | ABN: 73 116 151 636
Slide 3: The premier Murchison Goldfields exploration company
The premier Murchison Goldfields exploration company For personal use only Owns 80% of two high-grade gold projects with historical production and numerous targets Extensive footprint of highly fertile banded iron formation (BIF) and greenstones Very limited modern exploration or deeper drilling Agg
Slide 4: Murchison Goldfields – globally recognised gold producing region
Murchison Goldfields – globally recognised gold producing region For personal use only Projects located within the Meekatharra-Wydgee Greenstone belt within the Murchison domain Proven gold region with extensive historical and current gold production Major producers/explorers 3
Slide 5: Extensive footprint of highly fertile banded iron formation and greenstones
Extensive footprint of highly fertile banded iron formation (BIF) and greenstones For personal use only Over 141km2 of tenement holdings, all adjacent to the Great Northern Highway Extensive mining history from late 1890s to 1990s (five open pits) Kohinoor Pit Numerous near-mine targets 30km BIF sys
Slide 6: Tuckanarra Gold Project
Tuckanarra Gold Project For personal use only Tuckanarra Goldfield historically produced over 120,000oz at an average grade of +11g/t Au Four main historical pits at Tuckanarra boast high- grade mineralisation open along strike and/or at depth Numerous intercepts of high-grade material with minerali
Slide 7: Substantial historical exploration database
Substantial historical exploration database For personal use only Over 3,210 drill holes totalling 122,000 metres at Tuckanarra The database included magnetic and other geophysical surveys Tuckanarra has a large drilling and geochemical database Odyssey has recently re- processed and re-interpreted
Slide 8: Bottle Dump Deposit
Bottle Dump Deposit For personal use only High-grade gold system Down-plunge extensions completely open in two directions High-priority drill targets – last major drilling in 2001 Mined in the 1990s – producing over 23koz at over 3.6 g/t Au Potential for extensions to the east and west of the pit 7
Slide 9: Bottle Dump Deposit
Bottle Dump Deposit For personal use only 150m Open mineralisation to the east and west – indicating potential for high-grade plunges 8
Slide 10: Bottle Dump Deposit – Cross-Section A
Bottle Dump Deposit For personal use only CROSS-SECTION A 9
Slide 11: Bottle Dump Deposit – Cross-Sections B and C
Bottle Dump Deposit For personal use only CROSS-SECTION B CROSS-SECTION C Open mineralisation – historical drilling has only started to test the transition/fresh rock zones 10
Slide 12: Donald Deposit
Donald Deposit Parallel structure located 400m northwest of Bottle Dump High-grade, quartz-vein related mineralisation For personal use only associated with the contact of quartz veins and the local BIF unit Well defined by historical drilling with dimensions of approximately 50m along trend and 30m
Slide 13: Bottle Dump – Donald Trend
Bottle Dump – Donald Trend 3km soil anomaly trend connecting Bottle Dump East, Bottle Dump and Donald with extensions to the west. For personal use only Strong soil indications across 3km Very limited deep drilling across the area High-priority plunge targets at Bottle Dump Multiple other targets ba
Slide 14: Bottle Dump trend drilling underway
Bottle Dump trend drilling underway RC drilling underway across the Bottle Dump trend testing down-plunge targets and extensional targets to the east. For personal use only 13 RC Drilling at Tuckanarra (Bottle Dump)
Slide 15: Cable Deposit
Cable Deposit For personal use only BIF mineralisation Multiple trend targets identified from existing and historical data High-grade mineralisation occurs adjacent to the existing pit 14
Slide 16: Bollard Deposit
Bollard Deposit For personal use only BIF mineralisation High-grade near mine surface intercepts to the west and east Potential for continuation of BIF unit with Cable and Bottle Dump 15
Slide 17: Maybelle Deposit
Maybelle Deposit For personal use only X-Section ? ? ? Gold mineralisation >60m below pit, open at depth and along trend BIF mineralisation continuing at the end of pit 16
Slide 18: Stakewell Gold Project
Stakewell Gold Project For personal use only Historical open pit and underground high-grade gold operation Processed over 166,000 at 5.5g/t over three phrases • 1905-1911: 18,000 tonnes @ 13.9g/t Au producing 8,050oz • 1987-1989: Open pit mine by Metana to a depth of 65m, extracting 45,000 tonnes @
Slide 19: Kohinoor Deposit
Kohinoor Deposit For personal use only Bushmans Prospect Historical workings Underground Shaft Outcropping BIF Outcropping BIF Kohinoor Pit 18
Slide 20: Number of identified opportunities
Number of identified opportunities For personal use only High-grade plunge positions identified beneath the pit Stacked repetition of the hosting BIF lithologies indicated Potential of fault offset to the east, with limited drilling/activity to date Near-surface and oxide mineralisation identified 1
Slide 21: New Parallel Target Zone identified by Down-Hole EM
New Parallel Target Zone identified by Down-Hole EM For personal use only New target zone less than 100m from down-plunge targets of the high-grade Kohinoor deposit Target below the historic Bushmans Prospect – which produced over 100t @ 18g/t Au DHEM plate appears to lie on the contact of a paralle
Slide 22: Huge potential at depth
Huge potential at depth For personal use only Very limited deep drilling – less than 5% of holes >100m Tip of the Iceberg? Tuckanarra & South Emu Day Dawn/ Tuckanarra Stakewell Morning Star Starlight (Triton) Paddy's Flat Golden Crown Great Fingall Big Bell Hill 50 0 Initial geological interpretatio
Slide 23: Limited deep and modern exploration across both projects
Limited deep and modern exploration across both projects For personal use only Exploration across Tuckanarra for the last 30 years Drillholes by depth 600 2000 1800 500 1600 Number of drillholes 400 Very limited exploration 1400 Number of drillholes over the last 20 years 1200 300 1000 800 200 600 4
Slide 24: Significant brownfield exploration potential
Significant brownfield exploration potential For personal use only Ground holding >140km2 offering significant brownfield exploration potential Extensive laterite-related gold mineralisation present across a number of prospects Substantial database of historical data covering the ground with limited
Slide 25: Major progress made already
Major progress made already For personal use only Establishment of highly experience management and exploration team Ongoing data compilation and review of historical data and results Identification of additional high-grade intercepts High-priority targets identified Maiden drilling program underway
Slide 26: Maiden drill program commenced
Maiden drill program commenced The maiden drill program will include over 10,000m of RC and 2,000m For personal use only of diamond drilling Targeting a mix of near-mine and brownfields targets at both the Tuckanarra and Stakewell projects Tuckanarra - focus on testing a combination of high- grade t
Slide 27: Hitting the ground running in 2021 with a strong newsflow pipeline
Hitting the ground running in 2021 with a strong newsflow pipeline For personal use only Significant ‘Phase 1’ drill program commenced Continuation of data review and historical drill results Reinterpretation of magnetics over key areas by Southern Geophysics Potential ground consolidation in the ar
Slide 28: Board & Management with a proven track record
Board & Management with a proven track record For personal use only Board of Directors Ian Middlemas -Chairman Highly regarded Chairman and executive in the resources sector with enviable track record of identifying, financing and developing major resource projects. Mr Middlemas is currently the Cha
Slide 29: Corporate Structure
Corporate Structure For personal use only EQUITIES ON ISSUE Shares on Issue 532,530,455 REGISTER Directors & Options (exercise prices $0.025 - $0.10) 116,500,000 Management Performance Rights (subject to vesting conditions) * 50,000,000 11% * Subject to a delineation of an independently assessed JOR
Slide 30: Disclosures & Disclaimers
Disclosures & Disclaimers For personal use only COMPETENT PERSONS STATEMENT The information in this presentation that relates to historical exploration results are extracted from the Company’s ASX announcements dated 4 September 2020, 22 October 2020, 14 January 2021, 3 February 2021, 9 February 202
Slide 31: For personal use only
ASX: ODY Level 9, 28 The Esplanade, Perth WA 6000 T: +61 8 9322 6322 E: info@odysseygold.com For personal use only www.odysseygold.com.au For further information, please contact: Matt Syme Executive Director Tel: +61 8 9322 6322 30