Odyssey Gold Limited · ASX:ODY
Odyssey Gold — Investor Presentation (December 2021)
20 slides from Odyssey Gold's investor presentation, Dec 7, 2021
Slide 1: Unearthing the Potential of the Tuckanarra Goldfields (ASX Announcement)
ASX ANNOUNCEMENT 7 December 2021 For personal use only UNEARTHING THE POTENTIAL OF THE TUCKANARRA GOLDFIELDS Odyssey Gold Limited (ASX:ODY) (“Odyssey” or “Company”) is pleased to release a Presentation (attached) describing the compelling exploration potential of the Company’s very prospective Tucka
Slide 2: Unearthing the Potential of the Tuckanarra Goldfields
UNEARTHING THE POTENTIAL OF THE For personal use only TUCKANARRA GOLDFIELDS DECEMBER 2021 1
Slide 3: Odyssey Controls the Historic Tuckanarra Goldfields
Odyssey Controls the Historic Tuckanarra Goldfields ▪ Part of the prolific Murchison Goldfields, host to a +35Moz For personal use only gold endowment. ▪ Historical high-grade production centre. ▪ Very little modern, systematic exploration. ▪ Proximal to multiple gold processing plants, straddling t
Slide 4: Very Fertile Gold Belt – Historical Exploration has only Scratched the Surface
Very Fertile Gold Belt – Historical Exploration has only Scratched the Surface For personal use only 85km of BIF & metasedimentary sequences: ▪ 24% has known gold mineralisation; 8km of unexplored greenstones – never ▪ 76% is untested. drilled. 5 open pits mined in the 1990’s - targeting shallow, ox
Slide 5: Exploration History
Exploration History Ruins of Tuckanarra State Battery. ▪ Initial discovery by Boyle and Moore, in 1887. For personal use only ▪ Tuckanarra State Battery was built in 1898 and operated for over 10 years. ▪ Mining focused on high-grade quartz veins, generally limited to the depth of the water table. ▪
Slide 6: Exploration History
Exploration History ▪ Extensive historical database of 5,146 drill holes for 145,884m. For personal use only ▪ Historical drilling averages 28m depth and is mostly near vertical - not an ideal orientation for testing subvertical lithologies. ▪ Less than 5% of historical drilling is >100m deep. Kohin
Slide 7: Untested Depth Potential
Untested Depth Potential ▪ Tuckanarra has barely been drilled at depth. For personal use only ▪ The Murchison Goldfields are well known for high-grade ore shoots extending to +1,000m depth. Tip of the Iceberg? 0 2000 1800 1600 1400 Number of drillholes - Tuckanarra -500 Mineralisation depth 1200 100
Slide 8: Odyssey Era
Odyssey Era ▪ Odyssey consolidated the field in early 2020/2021 – 80% up For personal use only to 100% ownership of the current 176km2 land position. ▪ Immediately commenced drilling down dip and along strike at Cable-Bollard and Bottle Dump. ▪ Excellent results to date. ▪ Initial geological drillin
Slide 9: Tuckanarra Metasedimentary Sequences
Tuckanarra Metasedimentary sequences ▪ Tuckanarra contains at least 8 For personal use only sub-parallel linear magnetic highs, totaling ~70km, representing BIF and Anchor Target metasedimentary sequences. East Lynn Cable-Bollard ▪ Historical workings and drilling have encountered gold 1.5km Central
Slide 10: Cable-Bollard & Cable North
Cable-Bollard & Cable North ▪ Cable-Bollard trend includes multiple parallel mineralised Current identified structures comprising BIF’s and metasedimentary For personal use only mineralisation sequences, occasionally interrupted by cross cutting dykes. Open ▪ Historical production (Metana Minerals)
Slide 11: Bottle Dump, Donald & Gombao
Bottle Dump, Donald & Gombao Bottle Dump Bottle Bottle Dump Dump pit pit ▪ Open pit that was mined in the 1990’s, producing 13koz @ 3.7g/t. For personal use only ▪ ESE trending BIF sequences that are subparallel to the interpreted ESE trending major shears. ▪ Excellent drill results to date, with th
Slide 12: Maybelle, Lucknow & Douglas
Maybelle, Lucknow & Douglas Maybelle & Maybelle Trend For personal use only ▪ Shallow open pit mined in the 1990’s, producing 6koz @ 3.6g/t. ▪ Excavated part of a sheared metasedimentary sequence which can be traced over a line of 1.5km (Maybelle Trend), along a line of historical workings. ▪ Majori
Slide 13: Highway Greenstones & Dolerite Dyke
Highway Greenstones & Dolerite Dyke Highway Greenstones For personal use only ▪ 8km of Singleton Formation greenstone between the Stakewell and Tuckanarra projects. ▪ The Highway Greenstones are largely unexplored due to surface cover and no outcrop. ▪ Similar stratigraphic sequences to those at the
Slide 14: What is yet to be explored?
What is yet to be explored? Central Zone & East Lynn For personal use only ▪ 7.3km of BIF and metasedimentary sequence. East ▪ Intensely folded BIF and metasedimentary sequences – up to 50m thick. Lynn ▪ Only historical workings on the structure are where the BIF’s outcrop with quartz veins. The res
Slide 15: Stakewell & Kohinoor
Stakewell & Kohinoor ▪ The Kohinoor mine at Stakewell was mined in three stages: 1. 1905-1911: 8koz @ 13.9g/t; For personal use only 2. 1987-1989: 3.5koz @ 2.4g/t & 1.9koz @ 1.0g/t; and 3. 1994-1995: 15.7koz @ 11.9g/t. ▪ Stakewell comprises subparallel sequences of NNE trending BIF’s, mafic volcanic
Slide 16: Stakewell – Kohinoor
Stakewell – Kohinoor ▪ Numerous targets yet to be fully tested. ▪ Potential for further depth extensions of Kohinoor shoot. For personal use only ▪ Potential cutback of open pit. ▪ Potential for additional stacked lodes, which have only been drilled near surface. 15
Slide 17: Summary
Summary ▪ Odyssey controls the entire Tuckanarra Goldfields - an area with a substantial high-grade mining history. Infill & For personal use only Cable- Bollard ▪ ~85km of BIFs, metasedimentary sequences and Advanced greenstones – only ~20% of which have been drilled or Cable Bollard North highway
Slide 18: Board & Management with a proven track record
Board & Management with a proven track record Board of Directors CAPITAL STRUCTURE For personal use only Ian Middlemas -Chairman ODY Shares on Issue 612.43M Highly regarded Chairman and resources executive. Mr Middlemas is currently the Chairman of a number of publicly listed companies. Price (close
Slide 19: Competent Persons Statement and Disclosures
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 2021, 22 February 2021, 19 Ap
Slide 20: 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 Steve Le Brun Executive Director Geology Manager Tel: +61 8 9322 6322 Tel: +61 8 9322 6322 19