Odyssey Gold (ASX: ODY) has reported ‘high-grade’ assay results from shallow drilling at the 1.6km Cable-Bollard Trend, part of its Tuckanarra Gold Project in West Australia’s Murchison goldfield.
Of note, hole CBRC0003 has confirmed an interpreted fault offset at Cable-Bollard, opening up around 200m of mineralised trend not previously effectively tested by RC or diamond drilling.
Standout results include:
- Hole CBDD0023: 16.6m @ 16.2g/t Au from 56m, including
- 0.43m @ 525g/t Au from 71m
- Hole CBRC0003: 8m @ 9.1g/t Au from 96m
- Hole CBDD0016: 2.0m@4.2g/t Au from 97m
The company noted that these results further demonstrate the continuity of high-grade mineralisation between the project’s Cable and Bollard Pits, and immediately down dip of the Cable Pit.
“These high-grade results continue to demonstrate developing potential of the Cable-Bollard Trend”
Commenting on the results, Odyssey Gold Managing Director Matt Briggs said: “These high-grade results continue to demonstrate developing potential of the Cable-Bollard Trend. Odyssey Gold has a very active exploration schedule planned for 2022 and we are looking forward to keeping a continued focus growing the Cable-Bollard Trend while adding new discoveries from our portfolio of high-quality targets. RC drilling on the project is well under way with the first holes by the Company in 2022 completed into the Daisy Target, and ongoing at Cable North.”
Broad-spaced RC and diamond drilling completed by Odyssey throughout 2021 had produced a number of ‘significant’ extensional gold intercepts. In the later part of the year, further drilling defined the individual structures and identified ‘higher-grade’ zones, while continuing to grow bedrock mineralisation along strike.
Recent drilling results highlighted in yellow at the The 1.6km Cable-Bollard TrendPrevious mining at Cable-Bollard in the 1990s had produced 52,900oz of gold at an average grade of 3.4g/t Au from shallow oxide pits.
Odyssey reports that RC drilling has resumed onsite and will focus on growing the mineralised system at Cable-Bollard and other targets not previously drilled by the company at the Daisy and Anchor prospects.
Additional drilling is also planned to test extensions at the Cable, Bollard and Bottle Dump prospects, along with other targets at the Tuckanarra and Stakewell Projects.
Images: Odyssey Gold Limited
