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An update from CropLogic Ltd. ( (AU:OLY) ) is now available.
Olympio Metals has signed a binding option agreement to acquire 100% of the Raven Silver Project in Montana and the Sawtooth Antimony Project in Idaho, both considered highly prospective for silver, antimony and copper. The Raven Project includes the historic Raven and Silver King mines, which produced exceptionally high grade silver before operations ceased in the mid-20th century and have seen no modern exploration since.
The Sawtooth Project comprises five silver–antimony prospects near the historic Sawtooth City mining camp, where mineral occurrences are known but past sampling records are incomplete. To fund this expansion into U.S. critical minerals, Olympio has secured firm commitments for an oversubscribed A$3.0 million placement, including A$500,000 from the project vendors, positioning the company to leverage U.S. strategic support for domestic critical mineral supply while keeping its Bousquet Gold Project as its core focus.
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.
Olympio Metals Limited is an ASX-listed exploration company focused on precious and critical minerals, including gold, silver, antimony and copper. The company’s primary asset remains the Bousquet Gold Project, while it is now broadening its portfolio into U.S. critical minerals, targeting silver and antimony projects near existing processing infrastructure.
Average Trading Volume: 1,694,585
Technical Sentiment Signal: Sell
Current Market Cap: A$8.41M
For an in-depth examination of OLY stock, go to TipRanks’ Overview page.