Olympio Metals Resumes Drilling at Quebec’s Bousquet Gold Project

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

Olympio Metals has restarted drilling at its Bousquet Gold Project in Quebec, concentrating on the Paquin Prospect to follow up high-grade gold intercepts from its 2025 maiden program and to modernise data for the top 100 metres of mineralisation. The new campaign will comprise about 1,200 metres across eight diamond drill holes to improve confidence in the geological model, particularly in areas previously tested by unreliable 1940s drilling, with scope to extend the program based on initial results.

Located within 15 kilometres of large operating mines including La Ronde and Westwood, Bousquet is viewed as a strategically significant asset on the Cadillac Break, a structure associated with more than 110 million ounces of gold. Under its option agreement, Olympio is progressing towards an 80% stake in the project through staged cash, share and exploration commitments, with this drilling phase expected to refine the understanding of the Paquin gold system and potentially enhance the project’s development prospects for shareholders and its joint venture partner.

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 Australian Securities Exchange-listed mineral exploration company with an option to acquire an 80% interest in the Bousquet Gold Project in Quebec, Canada. The project lies along the prolific Cadillac Break near major producing gold mines, positioning Olympio in a tier-one gold district with significant exploration upside.

Average Trading Volume: 1,663,222

Technical Sentiment Signal: Sell

Current Market Cap: A$7.41M

Learn more about OLY stock on TipRanks’ Stock Analysis page.