Odyssey Gold : Company Presentation

STAGED EXPLORATION AND

DEVELOPMENT OF THE

TUCKANARRA GOLD PROJECT

Company Presentation | Q3 2022 | ASX: ODY

Disclosures & disclaimers

IMPORTANT INFORMATION

This presentation has been prepared by Odyssey Gold Ltd ("Odyssey Gold" or the "Company"). This presentation is for information purposes only and should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation.

This presentation contains forecasts and forward looking statements and information which are based on internal business data and information obtained from external sources. Forward looking statements may be identified by the use of words such as "anticipate", "expect", "estimate", "planned", "forecast", "likely", "intend" and other similar expressions. Such forecasts and information are not a guarantee of future performance and involve unknown risks, uncertainties and contingencies which may impact future outcomes on the Company. Actual results and developments will therefore almost certainly differ materially from those expressed or implied. Odyssey Gold has not audited or investigated the accuracy or completeness of the information, statements and opinions contained in this presentation. Accordingly, to the maximum extent permitted by law, Odyssey Gold makes no representation and gives no assurance, guarantee or warranty, express or implied, as to, and takes no responsibility and assumes no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission from, any information, statement or opinion contained in this presentation.

The information in this presentation is given in summary form and does not purport to be all inclusive or contain all information which you may require in order to make an informed assessment of the Company's prospects. Nothing contained in this presentation constitutes investment advice, financial product advice or legal, tax, accounting or other advice, nor does it take into account the financial situation, objectives or needs of any person. Odyssey Gold is not licensed to provide financial product advice.

You should not act or refrain from acting in reliance on this presentation material. You should conduct your own investigation, perform your own analysis and obtain independent professional advice, in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation and in making any investment decision in respect of Odyssey Gold.

COMPETENT PERSONS STATEMENT

The information in this presentation that relates to exploration results are extracted from the Company's ASX announcements dated 4 September 2020, 22 October 2020, 27 November 2020, 14 January 2021, 3 February 2021, 9 February 2021, 22 February 2021, 19 April 2021, 4 May 2021, 19 May 2021, 26 May 2021, 3 June 2021, 2 July 2021, 21 July 2021, 28 July 2021, 14 October 2021, 2 November 2021, 15 June 2022, 25 July 2022. These announcements are available to view on the Company's website at www.odysseygold.com.au.

The Company confirms that it is not aware of any new information or data that materially affects the information included in the original ASX announcements; that all material assumptions and technically parameters underpinning the content in the relevant ASX announcements continues to apply and have not materially changed; and that the form and context in which the relevant Competent Person's findings are presented have not been materially modified from the original ASX announcements.

This announcement has been approved in accordance with the Company's published continuous disclosure policy and authorised for release by the Managing Director.

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Investment Highlights

UNLOCKING THE SCALE AND POTENTIAL OF THE TUCKANARRA DISTRICT

Enviable position in the proven Murchison Goldfields, WA

Drilling has grown the Cable-Bollard system along strike to 2km and to a vertical depth of 160m

Previous mining at Cable-Bollard in the 1990's produced 52.9koz

Au at an average grade of 3.4g/t Au from shallow oxide pits

Recent drilling at Highway Zone has defined a new structure distinct from the Cable-Bollard trend

Stunning drill results recorded in 2021 along 2+km of strike including:

• 2.3m @ 600.2g/t Au from 249m

• 24m @ 4.5g/t Au from 179m and
• 7m @ 14.3g/t Au from 112m

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Untested Depth Potential

• Tuckanarra has limited drilling at depth.
• The Murchison Goldfields are well known for high-grade ore shoots extending to +1,000m depth.

3000

2500

Drillholes	2000
1500
Number of
1000

500

0

0-25m25-50m50-75m75-100m 100m+

0

-500

-1000

-1500

		1*	2*	3*	4*	5*	5*	6*	7*

*Sources (See ODY Presentation 8 December 2021):

1. Ramelius Resources Ltd (ASX:RMS) announcement dated 8 August 2017.
2. Westgold Resources Ltd (ASX:WGX) announcement dated 27 October 2021.
3. Westgold Resources Ltd (ASX:WGX) announcement dated 4 October 2019.
4. Westgold Resources Ltd (ASX:WGX) announcement dated 4 October 2019
5. Westgold Resources Ltd (ASX:WGX) announcement dated 4 October 2019.

6.	Westgold Resources Ltd (ASX:WGX) announcement dated 4 October 2019.	4
7.	Ramelius Resources Ltd (ASX:RMS) announcement dated 8 July 2010.

Strategy to Add Value

Staged Exploration and Development Approach

Targeting compelling extensions of the five historical high grade (2.5g/t) pits at Tuckanarra. Substantial exploration success already achieved.

Monetise resources defined utilizing extensive regional processing capacity. Discussions with potential mining and processing partners for toll treating, joint venture or sale as resources are developed.

Successful development of open pits will finance ongoing exploration of the emerging high grade shoot targets identified below the open pits.

Pursue priority early stage targets never drilled

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