Olympio Metals Confirms Bonanza-Grade Gold Intercept at Quebec’s Bousquet Project

CropLogic Ltd. ( (AU:OLY) ) has provided an announcement.

Olympio Metals has reported final assays from drill hole BO-26-63 at its Paquin prospect within the Bousquet Gold Project, confirming a standout intercept of 19.4 metres at 17.29 grams per tonne gold from 172.5 metres, including previously reported bonanza-grade zones. These results, from Phase 2 drilling comprising seven holes totalling 1,639 metres, reinforce the high-grade nature of the Paquin system and highlight its proximity to multi-million-ounce gold operations in Quebec.

Geological and assay data indicate that the Main Lode zone at Paquin is made up of multiple high-grade lodes rather than a single structure, as the new intercept is not connected to earlier mineralisation in nearby holes. The company plans a downhole televiewer survey to better define lode geometry and will use pending assays from six remaining holes to guide its next drilling campaign, which could materially influence resource potential and the project’s strategic value in a tier-one gold district.

The most recent analyst rating on (AU:OLY) stock is a Hold with a A$0.06 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.

Olympio Metals Limited is an Australia-listed mineral exploration company focused on gold exploration at its Bousquet Gold Project in Quebec, Canada. The project sits on the prolific Cadillac Break, a regional structure associated with more than 110 million ounces of historical gold production and located within 15 kilometres of major operating mines such as Agnico Eagle’s La Ronde and Iamgold’s Westwood.

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