Vancouver — The inferred mineral resource for the 2G zone on the Altintepe project in northeastern Turkey is estimated to be 3.2 million tonnes grading 1.52 grams gold per tonne.
Operator
Based on a cutoff grade of 0.4 gram gold per tonne, the project also hosts an indicated resource of 1.19 million tonnes grading 1.87-grams gold.
The latest drilling indicates an upward-flaring funnel-shaped zone hosting oxidized disseminated gold mineralization at the top and upper flanks of a large hill. Three holes tested the centre, southern and northern edges of the zone, returning: 93.6 metres grading 2.72 grams gold, 32.4 metres grading 1.93 grams gold, and 65 metres grading 0.36 gram gold.
A fourth hole targeted the previously untested Sinan zone, yielding 14 metres of 0.85 gram gold, and a fifth hole was drilled between the two zones, returning 12 metres of 0.34 gram gold.
Moving northeast of the 2G zone, the vein-hosted Extension Ridge target holds an inferred mineral resource of 2.19 million tonnes grading 1.21 grams gold.
Odyssey is looking to outline a bulk-minable oxide gold system, where Teck completed 54 holes, cutting both oxide and sulphide mineralization. The major explored the 100-sq.-km property from 1995 to 1997, identifying nine target areas. 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.
Situated immediately northwest of Odyssey’s Lucky Star gold project, Altintepe hosts the same volcanic rocks. Also, it is considered prospective for both bulk-tonnage and high-grade gold deposits. A second round of drilling is to begin shortly.
Be the first to comment on "Odyssey sizes up Altintepe in Turkey"