Olympio Metals Limited Unveils Robust Shallow Gold Intercepts, Boosting Open-Pit Prospects at Quebec’s Bousquet Project

Tuesday, August 12, 2025
at
8:33 am
Article header image

Olympio Metals Limited’s latest drilling at its Amadee Prospect in Quebec has confirmed a broad near-surface gold zone, featuring notable high-grade intercepts. The promising results support potential open-pit development and pave the way for expanded exploration along the contiguous mineralised belt.

Olympio Metals Limited has reported promising news from its drilling campaign at the Amadee Prospect within the Bousquet Project in Quebec, Canada. Recent assay results from eight drill holes have confirmed a broad, near-surface zone of gold mineralisation extending over a strike of more than 200 meters and to depths exceeding 40 meters. Notable intercepts include 4.50 meters at 3.29 g/t Au, featuring a narrow high-grade interval of 0.50 meters at 24.5 g/t Au; additional intercepts of 6.85 meters at 1.11 g/t Au, 5.80 meters at 1.06 g/t Au, and 10.7 meters at 0.69 g/t Au were also reported. These findings mirror mineralisation styles similar to those observed at the nearby high-grade Paquin Prospect, further emphasizing the potential for open‐pit mining given the shallow nature of the deposit. The drilling outcomes also highlight consistent mineralisation linked with stockwork veining in quartz–carbonate and sulphide zones, and the gold mineralised envelope dips steadily to the north. Historical Very Low Frequency Electromagnetic (VLF EM) survey data reinforces structural continuity between the Amadee and Paquin Prospects, revealing linear conductors that may extend the mineralised structure further west. This continuity, combined with proximity to multi‐million ounce operating gold mines in the region, supports the potential for a significant strike‐extensive gold system along the Cadillac Break. Analysts may view the technical intercepts, which combine moderate to high gold grades with considerable widths, as a bullish signal for Olympio Metals Limited. The high-grade interval at Amadee, along with the extension of mineralisation to depth, implies the prospect could host substantial economic potential. On the other hand, cautious traders might note that while the results are encouraging, further drilling is needed to delineate a resource estimate and confirm the continuity of the mineralised zones, while also considering the inherent exploration risks such as potential variability in grade and depth, and the uncertainties associated with early-stage projects. The news overall points to an optimistic outlook for Olympio Metals Limited’s Bousquet Project, with technical evidence suggesting an under-explored, near-surface gold system that could be amenable to cost-effective open pit extraction. Investors will be watching closely as the company expands its drilling program along strike and towards the Paquin Prospect, with any confirmation of extended mineralisation likely to boost sentiment for a promising exploration candidate in the Quebec gold district.

Recent Articles