Olympio Metals Limited (ASX:OLY) Identifies High Priority Target at Bousquet Gold Project
Exploration Update
Olympio Metals Limited (ASX:OLY) has identified the Paquin East gold Prospect as a priority drilling target at its recently acquired Bousquet Gold Project in Canada. The prospect features numerous high-grade intercepts, including 9 metres at 16.96 grams per tonne gold, and remains open along strike with minimal historical drilling.
Technical Highlights
The Bousquet Project is situated on the Cadillac Break, known for world-class gold and copper mineralisation. The 24 square kilometre tenure covers a 10-kilometre strike of the Cadillac Break, complementing Olympio’s Dufay Au-Cu Project. The property boasts excellent road, rail, and hydroelectric infrastructure, providing year-round access. Drillholes have been submitted for permit approval, with drilling expected in Q3 2025.
Executive Comments
Olympio’s Managing Director, Sean Delaney, commented: “Exploring the western extension of the Paquin East prospect has emerged as a priority drill target for Olympio. A historical drill intercept of 9m @ 16.96 g/t Au occurs on the western margin of the prospect and yet it has only been followed up with a single hole 10m along strike. Knowing that coarse gold is a consistent feature of the Paquin mineralisation, and the observed pinch and swell nature of the host quartz vein systems at surface, there remains significant potential to expand the mineralisation envelope with drilling. We have submitted drillholes for permit approval and look forward to drilling in the Canadian summer (Q3 2025).”
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