
Thursday, April 22, 2004 12:03:21 PM
Mineralization; Diamond Drilling Begins
TORONTO, ONTARIO--(CCNMatthews - Apr 22, 2004) - Avrom E. Howard,
President and CEO of Odyssey Resources Limited (ODX:TSXV) reports
that samples taken from Trench G have returned 479 meters (1,571
feet) of gold mineralization including a 125 meter (413 feet)
continuous interval averaging 1.30 g/t. Individual samples are as
high as 4.04 g/t across 4 meters and 2.74 g/t over 6 meters.
Trench G is located 250 meters (825 feet) northeast of Trench F
and 500 meters (1,651 feet) of the northeastern boundary of the
Main Zone, host to an historic Resource of approximately 280,000
ounces (see Odyssey's news release dated January 27, 2004). The
results from Trench G, following those of Trench F (see Odyssey's
news release dated April 6, 2004), even further extend the strike
length of the Main Zone to the northeast. Cumulatively, trenching
results released to date more than double the surface area of
mineralization of the historic gold resource at the Tavsan
property (the Main Zone).
Trench G is mineralized from end to end, with higher grade
intervals as follows:
- 56-91 (25) meters: 0.56 g/t
- 255-459 (204) meters: 119 meters averaging 0.69 g/t, separated
by a 20 meter gap where bedrock was too deep to sample, followed
by 55 meters averaging 0.47 g/t
-589-869 (280) meters: 0.68 g/t, including the 125 meter interval
averaging 1.30 g/t, noted above.
Mr. Howard also reports that a diamond drilling program on the
property has recently begun. A minimum of 2,500 meters of
drilling is planned (25-30 holes), with the aim of independently
confirming mineralization in the Main Zone then extending it to
the southwest and northeast along the full, more than 3 kilometer
strike length of gold mineralization exposed at surface on the
property, including the area covered by the recent trenching
program and beyond.
Tavsan hosts oxidized, disseminated, bulk-mineable
sediment-hosted epithermal gold in silicified rocks found within
a widespread zone of structurally controlled mineralization
exposed at surface. A quality control program consisting of
randomly inserted duplicate and standard check samples will
continue to ensure accurate and reliable results in this program.
Samples are being analyzed by ISO9002 certified ALS Chemex in
Vancouver, Canada, with sample preparation completed by ALS's
laboratory in Turkey. Avrom E. Howard, MSc, FGA, PGeo, is the
Qualified Person responsible for supervision of and reporting on
this project.
Odyssey Resources Limited is a Canadian public company devoted to
the discovery and development of gold and copper resources across
the Mediterranean.
For more information visit Odyssey's website at:
http://www.odysseyresources.com,
The statements made in this Press Release may contain
forward-looking statements that may involve a number of risks and
uncertainties. Actual events or results could differ materially
from the Company's expectations and projections. The TSX Venture
Exchange has neither approved nor disapproved the information
contained in this press release.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Odyssey Resources Limited
Jonathan Buick
Manager, Investor Relations
(416) 362-6955
jbuick@odysseyresources.com
or
Odyssey Resources Limited
John Buckle
Vice President
(416) 362-6955
jebuckle@odysseyresources.com
www.odysseyresources.com
Ed

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