Odyssey Secures Near-Term Processing Pathway for Tuckanarra Gold Project
Odyssey Gold Limited (ASX: ODY) has entered into a binding Toll Milling Agreement with Gylden Resources Pty Ltd to process ore from its Tuckanarra Gold Project at the Kirkalocka Processing Plant in Western Australia. The agreement provides capacity for a minimum of 600,000 tonnes, with the potential to increase to 750,000 tonnes during calendar year 2027, supporting Odyssey’s strategy to fast-track production and cash flow generation while minimising upfront capital expenditure.
The Kirkalocka Plant, located along the Great Northern Highway, is being refurbished ahead of a planned restart in Q1 2027 and has a processing capacity of 2.1 million tonnes per annum. Odyssey highlighted that the toll milling arrangement offers a cost-effective and flexible pathway for developing the Tuckanarra resource, which currently hosts a Mineral Resource Estimate of 5.14 million tonnes at 2.5 g/t gold for 407,000 ounces. The company is also progressing Stage 1 and Stage 2 scoping studies alongside ongoing drilling programs aimed at expanding and upgrading the project’s resource base.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Odyssey Secures Near-Term Processing Pathway for Tuckanarra Gold Project
Odyssey Gold Limited (ASX: ODY) has entered into a binding Toll Milling Agreement with Gylden Resources Pty Ltd to process ore from its Tuckanarra Gold Project at the Kirkalocka Processing Plant in Western Australia. The agreement provides capacity for a minimum of 600,000 tonnes, with the potential to increase to 750,000 tonnes during calendar year 2027, supporting Odyssey’s strategy to fast-track production and cash flow generation while minimising upfront capital expenditure.
The Kirkalocka Plant, located along the Great Northern Highway, is being refurbished ahead of a planned restart in Q1 2027 and has a processing capacity of 2.1 million tonnes per annum. Odyssey highlighted that the toll milling arrangement offers a cost-effective and flexible pathway for developing the Tuckanarra resource, which currently hosts a Mineral Resource Estimate of 5.14 million tonnes at 2.5 g/t gold for 407,000 ounces. The company is also progressing Stage 1 and Stage 2 scoping studies alongside ongoing drilling programs aimed at expanding and upgrading the project’s resource base.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au