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Odyssey Gold Limited ( (AU:ODY) ) just unveiled an announcement.
Odyssey Gold Limited has reported promising results from its ongoing reverse circulation drilling program at the Tuckanarra Gold Project. The drilling has confirmed significant gold mineralization, with notable intersections between the Cable and Bollard Mineral Resources, indicating potential for resource growth. These results bolster confidence in the future mining prospects of the shallow open pit resources at Tuckanarra, with further studies warranted on historic tailings dams. The announcement comes as the company prepares to issue a prospectus for placement options following a recent $4 million investment.
More about Odyssey Gold Limited
Odyssey Gold Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in the Tuckanarra Gold Project located in the Murchison Gold District, known for its significant processing capacity.
YTD Price Performance: 55.56%
Average Trading Volume: 4,311,244
Technical Sentiment Signal: Buy
Current Market Cap: A$30.92M
Learn more about ODY stock on TipRanks’ Stock Analysis page.