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An update from CropLogic Ltd. ( (AU:OLY) ) is now available.
Olympio Metals has reported further strong assay results from phase two diamond drilling at the Paquin prospect within its Bousquet Gold Project in Quebec, identifying 36 additional significant gold intercepts and bringing the total to 138. The program includes a standout “bonanza” intercept of 19.40 metres at 17.29 grams per tonne gold and several other high-grade zones, indicating that the Main Lode at Paquin is increasing in grade at depth.
These results suggest a substantial improvement in the project’s grade profile down plunge, with a 97% increase in gold gram metres over roughly 100 metres between key holes, and highlight the potential emergence of new lodes where historic drilling was not sampled. With phase two drilling now complete and follow-up work including a televiewer survey and further drilling planned for late May, the company is moving to refine its structural understanding of the deposit and test both lateral and down-plunge extensions, potentially enhancing the project’s resource and strategic value for stakeholders.
More about CropLogic Ltd.
Olympio Metals Limited is an ASX-listed gold exploration company focused on the Bousquet Gold Project in Quebec, Canada. The project is located along the prolific Cadillac Break, a regional structure hosting more than 110 million ounces of gold and lying within 15 kilometres of major producing mines including Agnico Eagle’s La Ronde and Iamgold’s Westwood.
Average Trading Volume: 1,904,807
Technical Sentiment Signal: Hold
Current Market Cap: A$9.97M
See more data about OLY stock on TipRanks’ Stock Analysis page.