Olympio Metals (ASX:OLY) has completed planning a maiden drilling program, which will begin in July, at the Bousquet Project on the Cadillac Break, Québec, Canada.
The company says the Paquin strike extension target and Decoeur strike extension induced polarisation (IP) anomaly target represent some of the “compelling” drill targets that have been selected for the maiden drilling program.
Drillholes have been planned and submitted for statutory approval and drilling of these targets is planned for July 2025.
A further review of historical drilling data is ongoing, as well as a review of regional targets within the Bousquet Project to prepare for the summer field season on the ground.
Olympio says an unexplored high-priority IP anomaly at Decoeur has been modelled for more than 400m in strike and more than 200m depth.
This news comes after Olympio has completed 1,875m of diamond drilling at the Dufay Copper-Gold Project, with core being logged at Val d’Or. Assay results are expected this quarter.
Managing Director Sean Delaney says the drilling program has been completed on time and budget.
“We continue to review all historical data from the Bousquet Gold Project and generate new drilling targets,” Delaney says.
“We have already planned a significant maiden drilling program and the approvals are progressing and we look forward to drilling these priority targets in July.”
The Dufay Project contains numerous historical showings of chalcopyrite-rich quartz veining, including the Chevrier working, which was mined briefly in the late 1920s. There has been limited drilling on the project, with the majority of holes drilled before 1945 and no drilling for the last 36 years.
Meanwhile, the Bousquet Project is a strategic land acquisition which complements the Dufay Project, 65km to the west along the renowned Cadillac Break. The project comprises several gold prospects and numerous structural and geophysical targets that remain untested by drilling or modern exploration.
Write to Aaliyah Rogan at Mining.com.au
Images: Olympio Metals
