Odin Metals : High Grade Copper intersected at Cymbric Vale

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High Grade Copper intersected at Cymbric Vale

HIGHLIGHTS

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 Odin's maiden drill programme assay resultshave been received from the first 12 scout RC

holes for 960m completed on two targets at the Cymbric Vale prospect areas, within the district

scale Koonenberry Copper Project.

 Significant Cu results returned from Cymbric Vale, include1:

o 11m @ 1.90% Cu from 35m - Hole CV00062

Incl. 6m @ 3.20% Cu from 37m2

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o 7m @ 1.08% Cu from 48m - Hole CV00042

o 10m @ 0.88% Cu from 11m - Hole CV00022

o 13m @ 0.77% Cu from 13m - Hole CV00082

o 8m @ 0.76% Cu from 15m - Hole CV00032

 The drill results support the existence of larger higher grade primary Copper mineralisation

at Cymbric Vale in comparison to that reported in the two historic holes, with mineralisation

remaining open in all directions and at depth.

 Cymbric Vale is located within an area where a recent HeliTEM survey completed by Odin

identified targets over >12km of strike

 An untested EM anomaly generated in the recent HeliTEM, lies to the northwest of the recent

drilling and has yet to be drill tested

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 The drill results at Cymbric Vale support additional RC drilling, that is scheduled to commence from

the 11th of February, initially at the Grasmere Deposit, followed by drilling as a priority at Cymbric

Vale. Drilling will continue along strike to the NE, and test the EM target which is in close proximity

to the new drilling by ODM

 Drilling completed at Big Mother (CV0011-12), intersected intensive shallow magnetite alteration

associated with a mafic gabbro intrusive system. ODM now plans to model the recent HeliTEM

data to assess the shallow magnetite alteration system intersected at Big Mother and its

potential to host an Iron Oxide Copper-Gold (IOCG) deposit

 Assay results from initial RC drilling at the Grasmere Deposit3 located approximately 30km east of

Cymbric Vale are expected to be received soon

 Scout drilling is ongoing across the Koonenberry Copper Project, with the rig about to commence

on a number of priority HeliTEM targets in the Grasmere region following up the recent EM survey

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• 11m @ 1.90% Cu from 35m - Hole CV00062

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Incl. 6m @ 3.20% Cu from 37m2

• 7m @ 1.08% Cu from 48m - Hole CV00042

• 10m @ 0.88% Cu from 11m - Hole CV00022

• 13m @ 0.77% Cu from 13m - Hole CV00082

• 8m @ 0.76% Cu from 15m - Hole CV00032

personaltargeting Grasmere, followed by Cymbric Vale and Wertago.