THE DRILL SERGEANT: Odyssey Gold (ASX: ODY) reported an intersection of visible gold in the first diamond hole drilled at the Bottle Dump deposit within the company’s Tuckanarra project, located in the Meekatharra-Cue belt of Western Australia.
Odyssey Gold encountered the visible gold in diamond drillhole TCKDD003 at 249m downhole (215m vertical depth), which was drilled beneath a recent gold intersection achieved in reverse circulation (RC) drill hole TKRC0014.
Odyssey Gold initially mobilised a RC rig to the Bottle Dump deposit in March, where mineralisation was minimally tested down dip and along strike from the existing pit.
Diamond drilling commenced in the eastern extension of the Bottle Dump pit in late April, with the first hole targeting 40m below RC hole TCKRC0014, which had returned intercepts of:
13 metres at 3.9 grams per tonne gold from 190m, including 5m at 8.9g/t gold from 198m.
Other results from the RC drilling included:
16m at 2.3g/t gold from 100m, including 8m at 4.1g/t gold from 100m.
“The impressive visible gold intersected at Bottle Dump confirms the strong potential of the Bottle Dump trend to host high-grade gold mineralisation,” Odyssey Gold executive director Matt Syme said in the company’s ASX announcement.
“The visible gold in TCKDD0003 and the 13 metres at 3.9 grams per tonne in TKRC0014 have extended known gold mineralisation over 100 metres to the east of the Bottle Dump pit.
“The potential extent of the Bottle Dump trend is up to three kilometres and the known gold mineralisation is open to the east and west and at depth.
“Odyssey has consolidated some of the best gold exploration ground in the Western Australian Goldfields and we are looking forward to applying modern exploration techniques to uncover the area’s outstanding potential.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE