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Odyssey Gold Delivers High-Grade Results and Advances Tuckanarra Study as It Secures A$9m Placement

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Odyssey Gold Delivers High-Grade Results and Advances Tuckanarra Study as It Secures A$9m Placement

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Odyssey Gold Limited ( (AU:ODY) ) has issued an update.

Odyssey Gold Limited reported strong December 2025 quarter progress at its Tuckanarra Gold Project, highlighted by completion of a 4,354-metre reverse circulation drilling program targeting resource definition and extensions at the Highway deposit and new mineralisation at the Cable trend. Drilling returned multiple high-grade gold intersections at both Highway and Cable, including confirmation of strike extensions below the Bollard Pit, and a completed Mining Technical Study indicated positive potential for mining Tuckanarra ore and processing it at the nearby Burnakura plant, supporting the decision to advance to a Scoping Study; after quarter-end, the company also secured firm commitments for a A$9 million capital raising from institutional, sophisticated investors and directors to fund the project’s continued advancement.

The most recent analyst rating on (AU:ODY) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Odyssey Gold Limited stock, see the AU:ODY Stock Forecast page.

More about Odyssey Gold Limited

Odyssey Gold Limited is an Australian gold exploration and development company focused on its flagship Tuckanarra Gold Project in the Murchison Goldfields of Western Australia. The project hosts a predominantly open-pit mineral resource estimate of 5.14 million tonnes at 2.5 grams per tonne gold for a total of 407,000 ounces, positioning the company within a prolific regional gold mining district.

YTD Price Performance: -2.78%

Average Trading Volume: 1,899,358

Technical Sentiment Signal: Buy

Current Market Cap: A$39.24M

Find detailed analytics on ODY stock on TipRanks’ Stock Analysis page.

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