Very Very Substantial Drilling News friom ODY I was looking forward to the large area of massive sulphides that was identifued as a substantial extension of the HW zone in September .
High grade gold has been discovered within the HW gold at depths to 270 m which were open at dip and laterally.
FLEM is a new survey tool that has been saving millions in drilling costs for geophysical sulphide zones that are in BIF lithology .
Voila, today ODY reported that 3 out of 3 drill holes intersected massive sulphides exactly was was located by FLEM.
Two more holes have yet to report but 3 out of 3 below 270 meters is very impressive.
These have yet to be assayed but I am optimistic as the massive sulphide zone identifued by FLEM corresponds with the discovery hole in which a substantial intersect of high ore was discovered .
A 350 m by 350 m block of potential high grade sulphide gold and a strike length of 500 meters and still very early in the drilling stages.
What I see here...and it is just my evidential intuition..is that the Highway zone, with topsides of oxides and high grade sulphides at every depth yet drilled might just be the next analogue of Big Bell which is now being mined below 1000 m.
Now, what is even more signifucant is the fact that FLEM could substantially identify more massive sulphides within and around the HW zone but also beneath the three oxide pits discovered today .
In my opinion. We are entering a new gold discovery ball game at Tuckie, one that could see our investment in Murchison...currently contributing nil to our current market cap..far outpace our production play at Selinsing.
The HW zone is beginning to look exactly what Westie has been looking for ...another Big Bell
We are very blessed indeed with our investment here..
GLTA
xxxxx
Drilling Successfully Intersecting Geophysical Targets at Tuckanarra
Odyssey Gold (ASX:ODY) (“Odyssey” or “Company”) is pleased to advise that diamond drilling is underway and has successfully intersected sulphides following the completion of a fixed loop electromagnetic (“FLEM”) survey on a number of priority targets at the high-grade Tuckanarra Gold Project (“Tuckanarra” or “Project”).
A FLEM survey completed in September 2024 defined a 350m x 350m electromagnetic (“EM”) conductor coincident with the interpreted strike and dip extension of the Highway Zone Mineral Resource.
Gold mineralisation is often intersected in the quartz veining occurring above sulphide- replaced banded iron formation (“BIF”).
This sulphide is detectable from surface using FLEM.
The modelled EM conductor (Figure 1) extends beyond the area of previous high-grade intersections and was utilised to target a number of diamond drill holes designed to extend the Inferred Mineral Resource at the Highway Zone (currently estimated at 0.79 million tonnes at 3.9g/t Au for 97,000oz).
The deepest previous intersection at the Highway Zone is 7.35m @ 9.5g/t Au from 271.65m.
The current drilling campaign includes five holes, including four holes at the Highway Zone and also one diamond tail extending a reverse circulation (“RC”) hole at Bollard.
Three holes have been completed to date with drilling continuing.
All three holes have intersected sulphides which are an alteration often associated with gold mineralisation at Tuckanarra, providing strong validation of EM as an exploration tool for targeting sulphide rich primary mineralisation.
Assay results are pending.
A broader airborne EM survey is also planned over the regional hinge zone target area at Tuckanarra.
Director of Odyssey, Matt Syme, said:
“The diamond drilling confirms the effectiveness of the EM survey with sulphide intersected in the target position in the three holes drilled so far.
This demonstrates the potential for additional primary discoveries at Tuckanarra based on the planned airborne EM survey.
Our shallow oxide resources are located right in the heart of the Murchison gold district and EM targeted drilling provides a sound technique to rapidly add sulphide mineralisa