Odyssey Gold Hits 40.9 g/t High-Grade Gold at Bollard in Western Australia
2026-06-22 15:38
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en.Wedoany.com Reported - Australian mineral exploration company Odyssey Gold (ASX:ODY) has discovered high-grade gold mineralization intersections during reverse circulation drilling at the Bollard deposit within the Tuckanarra Gold Project in Western Australia.

Initial assay results revealed multiple high-grade intervals: from 96 meters depth, a 6-meter interval grading 9.6 g/t gold, including 1 meter at 40.9 g/t gold and 1 meter at 12.1 g/t gold; from 132 meters depth, a 5-meter interval grading 14 g/t gold, including 2 meters at 32.7 g/t gold; and from 34 meters depth, a 15-meter interval grading 2.5 g/t gold, including 1 meter at 11.5 g/t gold.

The drilling program was designed based on geological models and surface electromagnetic geophysical survey results, targeting the down-plunge extension of mineralization beneath the historic Bollard pit.

Executive Director Matt Syme stated that these results confirm the continuity of the high-grade mineralization zone beneath the Bollard deposit. Syme noted that Odyssey Gold has consistently discovered higher-grade ore shoots within the broader Tuckanarra project area, and the latest drilling results support the company's view that mineralization continues at depth beyond the areas previously focused on by historic mining and resource definition drilling.

The Bollard deposit currently has indicated and inferred mineral resources estimated at 680,000 tonnes grading 2.1 g/t gold, totaling 46,000 ounces of gold. The broader Tuckanarra project holds total indicated and inferred mineral resources of 5.14 million tonnes grading 2.5 g/t gold, totaling 407,000 ounces of gold across multiple deposits.

This drilling is part of Odyssey Gold's 15,000-meter drilling program aimed at advancing development studies while assessing growth opportunities beyond the current resource base. Syme said the company's current focus is on advancing the starter pit scoping study and progressing resource estimation work.

The company expects to receive additional assay results in the coming weeks and plans follow-up drilling down-dip at Cable, Bollard, and other high-priority targets within the project area. Odyssey Gold is a mineral exploration company focused on gold deposit discoveries in the Murchison Goldfields of Western Australia.

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