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Olympio Metals Extends Drilling at Bousquet Project Amid Promising Gold Prospects

Story Highlights
  • Olympio Metals extends its drilling program at the Bousquet Project in Quebec.
  • The extension targets the Amadee Prospect, showing promising similarities to the Paquin Prospect.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Olympio Metals Extends Drilling at Bousquet Project Amid Promising Gold Prospects

Elevate Your Investing Strategy:

An announcement from CropLogic Ltd. ( (AU:OLY) ) is now available.

Olympio Metals Limited has announced the extension of its diamond drilling program at the Bousquet Project in Quebec, specifically targeting the Amadee Prospect. The decision to extend the drilling program is based on promising geological similarities between the Amadee and Paquin Prospects, both of which are located on the Cadillac Break, a region known for significant gold deposits. Historical data and recent inspections suggest that the Amadee Prospect could be part of the same mineralized structure as Paquin, potentially extending over 1km. The extension aims to further explore the mineralization and test the western extent of the Amadee Prospect, with initial assay results expected by mid-July.

More about CropLogic Ltd.

Olympio Metals Limited (ASX:OLY) is a company involved in mineral exploration, focusing on gold mining projects. The company is actively working on the Bousquet Project in Quebec, Canada, where it has an option to earn an 80% interest from Bullion Gold Resources.

Average Trading Volume: 299,982

Technical Sentiment Signal: Hold

Current Market Cap: A$15.46M

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

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