The BEST Visible Gold Core Ever? $ODY, page-117

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Steve98

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07/05/21

23:04

Post #: 53031197
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Originally posted by Michaeljob ↑

I bought at 13c on the day the pictures of the core were announced. It's taken a little while to understand just how significant this intersection is. Occasionally a company just gets lucky hitting something out of the blue however ODY isn't in that category. They have done the hard yards modelling this area and created a theory that high grade gold may be encountered down plunge from the historical resource. You've got a 3km long gold trend with known intersects like 7m @ 157g/t Au which pointed to the fact that this is an extremely high grade system, comparable to Wattle Dam, Penny West, Paulsens, Bellevue etc. The recent intersection while for now seemingly an anomaly validates the theory of higher grade down plunge. Keep in mind this is the first ever drilling in this area and TCKDD003 was the maiden diamond hole.

Regarding this core I’ll be very surprised if this doesn’t assay at 5000gpt or above.

Looking at the core you’ve got say avg 3mm of near solid gold at 249m plus whatever isn’t to be seen by the naked eye. You can run the rough numbers on this with gold having an s.g of 19.3 and the host rock say 2.6 and get a figure north of 20,000 gpt however keep in mind the entire circumference of the core is not shown so we can’t assume continuity. The company also stated "Additionally, there are several small (<1mm) specks of gold near vein contacts at approximately 250m downhole" so this isn't just a nugget but rather a high grade vein with at least some degree of halo.

Wherever it comes in I’d be quite confident that it’s one of the decades highest grade 1m intersections.

My tweet below has a few comparable intersections from Wattle Dam and Paulsens and it’s my view that ODY core looks to be of higher grade.

IMO it's extremely unlikely that the maiden hole in an untested area hits over 5000gpt whilst the remainder of the area is left barren, it's possible however what would the odds of this be?

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Well & Truly Agreed Michael.

This is very exciting moving forward, Market Herald did an Interview with Matt Syme from ODY.

Highly recommended, VERY well worth the watch.
Video Interview:
https://themarketherald.com.au/odyssey-golds-asxody-share-price-continues-to-spike-2021-05-07/

Some screen capture's put together i was able to grab through-out the Interview.
-It does twirl around more than original pictures suggested too in my opinion

Some of the most interesting point's i took from it:

-3:35 Minute Mark, He touches on how amazing it is to find this in their first hole, they're running 100% on their diamond holes & at bottle dump 90% Gold hit's even in RC drillings

-5 Minute Mark, He mention's they're' hopeful to use photon assays technique' for that part of the core and have it as soon as next week.

-5:44 Minute Mark, He discusses how this Bottle Dump deposit is part of a 3km trend, "we've only tested 300-400m now, it's open East &West & at Depth

Exciting time's ahead, they have the money to continue drilling...
-Taken from Recent Qtrly:

-First drilling in untested area
-Indicates a second mineralised domain

-Please Note: This is entirely my opinion & interpretation only, purely speculation & NOT financial advice-

Last edited by Steve98: 07/05/21

ODY Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
20 Upvote

6 Great analysis

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