Odyssey Gold (ODY) investor relations material

Executive summary

• Focused on gold exploration and development in Western Australia, holding 80% of the Tuckanarra and Stakewell Gold Projects in the Murchison Goldfields, with a total Mineral Resource of 6.3Mt @ 2.2g/t for 451,000oz of gold.

• Completed a Stage 1 Scoping Study confirming Tuckanarra's viability, with planned production of 79,000oz over 29 months, operating cash costs of A$3,400/oz, initial capex of A$7 million, and pre-tax cashflows of A$180 million at A$6,000/oz gold price.

• Entered a Toll Milling Agreement with Gylden Resources for up to 750,000 tonnes at Kirkalocka Plant, with processing to commence in Q2 2027.

• Raised $9.0 million via placement, ending the year with $5.77 million in cash and no debt.

Financial highlights

• Net loss for the year ended 30 June 2026 was $8,157,219 (2025: $2,322,397), mainly due to $7,407,279 in exploration and evaluation expenses.

• Cash reserves at year-end were $5,770,817 (2025: $4,217,884), with net assets of $13,345,113 (up 4% YoY).

• No dividends declared or paid.

• Basic and diluted loss per share was (0.66) cents (2025: (0.26) cents).

Outlook and guidance

• Advancing Stage 1 toward a development decision, with feasibility and Stage 2 studies underway.

• Ongoing systematic exploration and resource growth at Tuckanarra, with updated MREs and further drilling planned.

• Stage 1 Feasibility Study in progress, targeting initial mining of shallow oxide resources.