Odyssey drills Altintepe gold prospect

Vancouver — Looking to outline a bulk-mineable oxide gold system, Odyssey Resources (ODX-V) has begun diamond drilling on the Altintepe gold property, on Turkey’s Black Sea coast.

Field work has identified gold mineralization within a dacitic unit at several intervals over a strike length of more than 5 km.

Fifty-four previous holes intersected both oxide and sulphide mineralization. The oxidation depths vary from 10 to 120 metres. The best drill results include 2.4 grams gold per tonne over 123.6 metres and 5.9 grams gold over 12 metres.

Odyssey is targeting the 2G and Camliktepe zones, with additional drilling planned for new targets to the west.

The junior picked up the property earlier this year in a deal with a subsidiary of Toronto-listed Teck Cominco (tek-t). The major explored the 100-sq.-km property from 1995 to 1997, identifying nine target areas.

Situated immediately northwest of Odyssey’s Lucky Star gold project, Altintepe hosts the same volcanic rocks and is considered prospective for both bulk-tonnage and high-grade gold deposits.