Golden Odyssey Mining Inc.
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Golden Odyssey Mining Inc.

April 04, 2006 17:15 ET

Golden Odyssey Grants Options

TORONTO, ONTARIO--(CCNMatthews - April 4, 2006) -

Not for dissemination in the United States

Golden Odyssey Mining Inc. ("Golden Odyssey" or the "Corporation")(TSX VENTURE:GOE) announces as part of the Corporation's existing Option Plan, the Corporation will grant options to purchase up to 1,430,000 common shares at a price of $0.27 per share to directors, officers and consultants. The granting of these is subject to TSX Venture Exchange regulatory approval.

About Golden Odyssey

The Corporation, through a wholly owned subsidiary, is engaged in the exploration and acquisition of mineral properties in the State of Nevada. Golden Odyssey currently has four active projects, two of which, the Morningstar and Palmetto, are located on the Walker Lane Belt in Esmeralda County. In addition, the Corporation holds the Anchor project, situated northwest of Barrick Gold Corporation's East Archimedes development project and southeast of US Gold Corporation's Tonkin Springs Mine, on the Cortez Trend and the Mexican Hill project on the Carlin Trend.

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Forward-looking Statements:

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Factors that might cause a difference include, but are not limited to: market acceptance of principal products, the impact of competitive products and technologies, the possibility of products infringing patents and other intellectual property of fourth parties, and costs of product development. Golden Odyssey Mining Inc. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect the financial results is included in documents filed from time to time with Canadian securities regulatory authorities by Golden Odyssey Mining Inc.

Shares Outstanding: 30,536,580

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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