Odyssey Gold Limited announced the recommencement of reverse circulation ("RC") drilling at the Highway Zone within the company's Tuckanarra JV Project in the Murchison Goldfields of Western Australia. Odyssey's Tuckanarra Project is part of the prolific Murchison Goldfields. The Murchison Goldfields are host to a +35Moz gold endowment (historic production plus current resources) with 7.5Mtpa of processing capacity within 120km of the Tuckanarra Project.

Odyssey's 2022 RC drilling campaign has identified a mineralised shoot at the Highway Zone with significant scale potential. Drilling has defined a 10-20m true width structure with a 300m long mineralised shoot open along strike and down dip. The latest RC program completed in fourth quarter of 2022, drilled the structure at an 80m x 40m spacing aiming to add shallow open pit mineralisation.

The results from this drilling included 43m @ 8.3g/t Auv, 21m @ 3.3g/t Auvi and 20m @ 2.1g/t Auvii and mineralisation remained open to the east. RC drilling has recommenced testing further eastern extensions to the mineralisation and hangingwall mineralisation. Drilling planned at the Tuckanarra Project is focussed on the Highway Zone: Targeting strike extension to the structure in the oxide zone to add shallow mineralisation to support open pit evaluation; The second phase of drilling will test parallel structures and extend the Highway Zone further to the east, in particular, to the northeast towards the encouraging rotary air blast (RAB), rock chip and soil samples; and The third phase of drilling will grow >5g/t Au mineralisation down dip to demonstrate the scale of underground mining potential.

Underground mines in the area extend to over 1km depth. The deepest intersection at the Highway Zone intersected the structure approximately 180m below surface. The structure is open down dip.

The company has a portfolio of advanced open pit and underground targets being actively explored.