Magnificent hit of substantial visible gold at TuckanaraODY doubled its market cap to $75 million today when it announced finding a nice chunk of visible gold in one of its drill holes under the Bottkedump pit at Tuckanara.
Two other intercepts were also quite good.
Once again, I note that this discovery was in Greenstone BIF which is sought after by gold mining companies because of good grades and a long mine life.
Note that Gabanintha and Burnakura have lots of Greenstone BIF lithology .
As I have noted many times, nearly every single open pit at Murchison have high grade gold in their basement .
There are 20 such previously mined open pits at Burnakura and Gaby and dozens of potential new never drilled oxide pits identified by the 3 D model.
So, our investment in ODY is now worth $15 m and you can bet that they will find many more ounces of gold in this drilling campaign.
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/significant-visible-gold-at-bottle-dump-2537675.html