Odyssey Gold Limited (ODQ)
XFRA 
Summary
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Odyssey Gold Limited Profile
| Metals & Mining Industry | Materials Sector | Mr. Matthew Briggs B.Sc., BSc (Geology), Member AusIMM CEO | XFRA Exchange | AU000000ODY8 ISIN |
| Australia Country | - Employees | 16 Dec 2020 Last Dividend | 28 Jul 2014 Last Split | 30 Nov 2005 IPO Date |
Overview
Odyssey Gold Limited, originally founded in 2005 as Odyssey Energy Limited, underwent a significant rebranding in November 2020 to better reflect its primary focus on gold exploration and development. Situated in Perth, Australia, the company is primarily engaged in unearthing and developing mineral resource properties within Western Australia. With a keen interest in gold, Odyssey Gold Limited has strategically positioned itself in the resource-rich regions between Meekatharra and Mount Magnet, underpinning its exploration endeavors with agreements that secure an 80% interest in the promising Tuckanarra and Stakewell gold projects.
Products and Services
- Gold Exploration
- Development of Mineral Resource Properties
- Stakeholder Agreements
Odyssey Gold Limited concentrates its efforts on the exploration of gold, utilizing cutting-edge technology and methodologies to identify potential gold deposits within its licensed areas. The exploration process encompasses a range of activities including geological mapping, geochemical sampling, drilling, and analysis to ascertain the presence, quantity, and quality of gold resources.
Upon successful discovery, Odyssey Gold Limited undertakes the development of these mineral resource properties. This phase moves beyond exploration, focusing on planning, studies, and activities aimed at realizing the economic potential of identified gold deposits. Development work includes feasibility studies, environmental assessments, obtaining necessary permits, and designing mine layouts, with an eye towards sustainable and profitable mining operations.
A critical aspect of Odyssey Gold Limited's business model involves securing agreements that allow for significant control and interest in its exploration projects. Notably, the company has secured an agreement to acquire an 80% interest in both the Tuckanarra and Stakewell gold projects, demonstrating a strategic approach to partnership and investment in promising mining ventures between Meekatharra and Mount Magnet in Western Australia.
