Odyssey Gold (ODY) Investor presentation summary

Investment highlights

• High-margin, low-capex project with near-term cashflow and significant exploration upside in a top-tier mining jurisdiction.

• Stage 1 Scoping Study forecasts $180m pretax cash from 79,000oz gold with only $7m capex.

• Multi-year production potential from a 451,000oz resource, with clear pathways to extend mine life.

• Executive team with over 150 years of combined mining experience.

• Shares trade at a substantial discount to market metrics.

Project overview and development plan

• Tuckanarra project features simple geology, low-risk open pit mining, and excellent metallurgy.

• Stage 1 targets 1.35Mt @ 1.9g/t over 29 months, recovering 79,000oz gold and generating $180m pretax cash margin.

• Toll treatment at Kirkalocka CIL plant enables rapid, low-capex production start in Q1 2027.

• Stage 2 Scoping Study underway to address full 451,000oz resource, considering on-site processing to lower costs and increase output.

• Stage 3 aims to extend mine life through resource growth from deeper and along-strike targets.

Resource and exploration potential

• Current resource: 6.3Mt @ 2.2g/t for 451,000oz gold, with 80% attributable share.

• Stage 1 mines only 55% of Cable resource; significant additional ounces available at open pit depths.

• Over 70 untested shallow oxide and deeper primary targets identified for future drilling.

• Consistent high-grade oxide and primary gold intercepts across Cable, Bollard, Highway, and Shackle zones.

• Recent drilling has extended known mineralisation and highlighted underground potential at Bollard and other deposits.