Olympio Metals (ASX:OLY) has delineated a new target at the Decoeur prospect, within the Bousquet Project in Canada, after receiving the final assay results from a drilling program.
The latest results link Decouer to the Joannes prospect and confirms the North Bousquet Fault is fertile for gold mineralisation over a 1.7km strike.
Drillhole Bo-25-51 returned 7.1m @ 1.43 grams per tonne gold from 47.1m, which the company says demonstrates an increase in the width of mineralisation from previous intersections.
Partial results have also returned for the CB-1 target, with hole BO-25-54 intersecting a broad zone of gold-bearing veins towards the bottom half of the hole. Structural data shows the vein sets are striking east-west and indicate a third feeder structure emerging north of the Paquin prospect.
Managing Director Sean Delaney says Decoeur continues to increase the scale of the mineralised system.
“These drilling results continue to support our interpretation that the North Bousquet Fault, the Paquin-Amadee trend and the emerging CB-1 trend demonstrate the potential for the Bousquet Gold Project to contain multiple large-scale gold deposits,” Delaney says.
Olympio is proposing a 2,300m diamond drilling program to provide additional structural data, modern sample preparation and analytical methods, including sample screening for coarse gold, to provide a reliable base for a maiden resource estimate.
Structural analysis of the diamond core from the 2025 drill program at Paquin has indicated dip and plunge orientations of the gold lodes. The company says this provides an opportunity to target the down dip and strike extensions positions with a higher degree of accuracy.
Further, a 4,200m diamond drilling program is also being proposed to test the down dip and strike extension potential of the Paquin prospect.
The Bousquet Project is located on the Cadillac Break in Québec, Canada.
Olympio Metals is a mineral explorer focused on the discovery and development of gold projects in Québec, Canada.
Write to Aaliyah Rogan at Mining.com.au
Images: Olympio Metals
