ODM is excited to see continuous mineralisation over significant amount of strike and exposure evident in historic mining activity. Rock Chip sampling was completed over the area in 2010 reporting significant copper oxide
mineralisation (Azurite and Malachite) associated with quartz veining and shear structures including 9.2% Copper, 32.3% lead and 3,340 g/t Silver and a further 17 samples reporting grades greater than 2% Copper, confirming the presence of significant mineralisation that has never been drill tested. RC drilling planned to commence in September to establish the potential to develop further Copper resources at Wertago located only 40km north from Odin's existing Indicated and Inferred Mineral Resource Estimate of 5.75 Mt @ 1.03% at Grasmere. Wertago is located 40km north of Odin's Grasmere copper deposit (5.75 Mt at 1.03% Cu, 0.35% Zn, 2.3g/t Ag & 0.05g/t Au1). The area is highly prospective for VMS, Epithermal and potentially porphyry styled mineralisation that has been historically mined as evidenced by extensive small-scale workings extending over multiple gossanous or mineralised trends. The Wertago prospect hosts the Wertago Copper Field and the Nuntherungie Silver Field, which were historically worked for copper, lead, and silver after their discovery in the 1870's. The extensive and significant spatial extent of historic mining activity at the Wertago prospect has been identified and highlighted by the Company as having excellent potential to develop further Copper resources at its Koonenberry Prospect. Historical production from selective small-scale mining was recorded from numerous sites within the Wertago area (circa ~1890-1910) utilising shallow shafts and small open pits. Mining specifically targeted the higher-grade material reporting production grades of up to 25 to 30% Cu from some of the more prospective areas during the early 1900's (Bunker Hill & Eclipse Mine). To date there has been minimal effective modern exploration over the ground. In 2020 ODM flew a Heli- TEM survey over the ground identifying an untested anomalous "Western" trend that extends for over 12km and includes 2 high priority targets. A gridded large scale Geochemical survey is planned to commence in mid-august, targeting evidence of mineralisation seen in historic workings and the surrounding area. Initially 1,600 samples are planned expected to take 3 weeks. The survey is planned to aid acceleration and focus of Drilling. In conjunction to the soils programme, mapping and rock chip sampling of historic workings will also be undertaken. First pass Reverse Circulation (RC) drilling is planned to start at Wertago in September 2022 over the Eastern half the tenement targeting the existing historic mining. Odin believes there is significant potential as evidenced by these workings to establish future JORC resources. Drill planning is ongoing, though the company anticipates initially drilling 50 shallow RC holes, focused on testing underneath the existing historic workings. This is planned to be followed by additional drilling, targeting strike and depth extensions including deeper RC drilling and diamond drilling to constrain structure. The identified mineralisation at Wertago has been observed to remain open over multiple mineralised trends with many having observed strike extents of 1,000 ­ 2,000m based on historical workings. Further prospectivity remains high to identify additional mineralised trends under minor cover or around the Western workings, such as the Nuntheringie Silver Field. Further drilling is planned from January 2023 focused on developing an initial resource and to extend drill coverage to include mineralisation at depth and along strike. The Koonenberry Project is an emerging, district scale, Copper and Base Metals exploration package covering 2600km2 of land holding, ~150km strike of the significantly under-explored Koonenberry Belt, located 80km east of Broken Hill, New South Wales. The Company considers the Koonenberry Belt to be highly prospective for a number of styles of mineralisation including VMS hosted Cu­Zn­Au­Ag deposits (which is substantiated by the presence of the Grasmere deposit), magmatic Ni-Cu-PGE, epithermal Ag- Pb-Cu and orogenic Au.