Golden Odyssey Mining Inc. has received analytical results from the first phase of drilling at its Mexican Hill project located on the southern Carlin Trend in Elko County, Nevada. Mexican Hill is an early stage exploration project where the Company is testing model based target concepts developed from surface mapping and sampling. Positive results of the phase one program warrant additional work and a second phase of drilling is planned for the spring or early summer of 2007.

The first phase of exploration included six (6) holes totaling 3,610 feet of reverse circulation (”RCR”) drilling (Press Release December 14, 2007). Two separate target areas were tested. The eastern area is comprised of three north-northeast trending fault zones and the western area contains an extensive north-trending fault zone. Alteration along the surface of these zones includes strong iron-oxidation, massive, barite-bearing limestones, brecciated jasperoids, and barite veins. Similar alteration was encountered in all drill holes and geochemically anomalous intervals of arsenic, antimony, zinc and gold have been intersected in two of the drill holes.

Analytical results for Hole MH-2, in the eastern area, include intervals of arsenic up to 306 ppm, antimony to 49 ppm, and zinc up to 2,900 ppm. These values appear focused around a fault and fracture zone within the Devonian Devils Gate Limestone.

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