tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Olympio Metals Confirms Large Gold System at Bousquet with High-Grade Drilling Results

Story Highlights
  • Olympio Metals’ drilling at Bousquet returned multiple high-grade gold intercepts, including a new 1.3m zone at 12.2 g/t Au.
  • Results at CB-1 and Paquin confirm a 1.3km mineralised lode trend, prompting structurally guided follow-up drilling plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Olympio Metals Confirms Large Gold System at Bousquet with High-Grade Drilling Results

Claim 70% Off TipRanks Premium

CropLogic Ltd. ( (AU:OLY) ) has shared an update.

Olympio Metals has reported final assay results from its preliminary drilling program at the Bousquet Gold Project, confirming multiple high-grade gold intercepts and reinforcing the presence of a large mineralised system. At the CB-1 target, drilling identified a new high-grade zone grading 1.3 metres at 12.2 g/t gold, representing a third fertile structure that remains open down-dip and along strike, while additional holes at the Paquin prospect confirmed broad gold-bearing zones over 100 metres downhole with grades up to 4.22 g/t gold under thin cover. These results support a conceptual structural model of an en-echelon lode array along a 1.3km trend from Paquin to Amadee, and the company plans follow-up drilling guided by an updated geological model to further test the scale and continuity of the system.

The most recent analyst rating on (AU:OLY) stock is a Hold with a A$0.04 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 (ASX: OLY) is a gold exploration company focused on advancing its Bousquet Gold Project in Quebec, Canada. The project is situated on the prolific Cadillac Break, a major regional structure associated with more than 110 million ounces of historical gold production and within 15km of large, operating gold mines including Agnico Eagle’s La Ronde and Iamgold’s Westwood, positioning Olympio in a tier-one mining district.

Average Trading Volume: 115,105

Technical Sentiment Signal: Sell

Current Market Cap: A$5.86M

Find detailed analytics on OLY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1