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Olympio Extends Bousquet Gold System and Bolsters Exploration Funds

Story Highlights
  • Olympio’s Bousquet drilling delivered over 100 gold intercepts and linked key prospects into an open 1.3km system.
  • Quarter-end cash of A$1.02m, a A$1.25m placement, and the Dufay divestment will finance continued Bousquet exploration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Olympio Extends Bousquet Gold System and Bolsters Exploration Funds

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CropLogic Ltd. ( (AU:OLY) ) just unveiled an update.

Olympio’s maiden 7,083m drill campaign at Bousquet delivered more than 100 significant gold intercepts, linking the Paquin and Amadee prospects into a 1.3km strike and outlining multiple feeder structures that remain open along strike and at depth. The company closed the quarter with A$1.02 million cash, bolstered liquidity with A$1.25 million in new equity, and agreed to divest the Dufay Project for C$500,000, moves that fund continued exploration focus on Bousquet’s expanding mineralized corridor.

The most recent analyst rating on (AU:OLY) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on CropLogic Ltd. stock, see the AU:OLY Stock Forecast page.

More about CropLogic Ltd.

CropLogic Ltd., trading on the ASX as Olympio Metals, is a mineral exploration company focused on Canadian gold projects, notably the Bousquet Gold Project, where it targets high-grade gold systems through diamond drilling and follow-up field programs.

Average Trading Volume: 1,582,415

Technical Sentiment Signal: Buy

Current Market Cap: A$9.04M

See more insights into OLY stock on TipRanks’ Stock Analysis page.

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