In this Mining.com.au news update, Oriel Morrison-Higgins unpacks Olympio Metals’ (ASX:OLY) new silver target in Idaho, US, and its gold exploration in Québec, Canada, with developments that could expand the scale of both projects.
Key topics discussed:
- Jacknife Silver Project: A previously unrecorded mine tunnel discovered 500m from the old Conjecture mine could indicate the silver zone is around twice as long as previously understood
- Silver’s strategic importance: Jacknife sits in Idaho’s Silver Valley, a prolific silver-producing region, with silver now included on the US critical minerals list
- Bousquet Gold Project: Recent drilling has intersected a thick zone of gold near an earlier ‘high-grade’ result, with significant gold reported in 39 of 43 holes and less than 20% of the project explored
About the company:
Olympio Metals is an Australian exploration company focused on gold exploration in Québec. It has established a strategic portfolio along the Cadillac–Lake Larder Fault Zone, commonly known as the ‘Cadillac Break’, a structural corridor that has delivered over 110 million ounces of gold and hosts significant deposits in Canada’s Abitibi Greenstone Belt.
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