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Olympio Metals Limited (ASX:OLY)

ALERT: Price-sensitive ASX Announcement for OLY
Current share price for OLY : $0.042 -0.043 (-50.59%)+
Announcement
Release
28 Oct 2025 8:14AM
Price at Release
$0.085
Full Release
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Summary
Olympio Metals Limited has announced the identification of a 1.7km gold mineralization trend at the Decoeur Prospect, part of their Bousquet Gold Drilling Project. Significant gold intercepts have been recorded, with plans for a detailed structural review to target key areas along the mineralized strike. The company also intends to conduct a 2,300m diamond drill program at the Paquin Prospect to update historical data and improve resource estimates, along with a 4,200m drill program to investigate extensions at Paquin. Future exploration will focus on early-stage regional targets north of the Cadillac Break.
Key Points
  • Olympio Metals Limited has identified a 1.7km gold mineralization trend at the Decoeur Prospect.
  • The Decoeur Prospect is part of the Bousquet Gold Drilling Project.
  • Significant gold intercepts have been recorded, including 7.10m @ 1.43 g/t Au from 47.10m at the Decoeur Extension.
  • A detailed review of structural data at Decoeur will help identify priority target areas.
  • There is a plan for a 2,300m diamond drill program at the Paquin Prospect to update historical data and improve resource estimation.
  • The company also plans a 4,200m diamond drill program to explore down dip and strike extension potential at Paquin.
  • Continued exploration will focus on early-stage regional targets north of the Cadillac Break.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.