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Paquin, one of the company’s lead prospects at Bousquet, has been a key focus since drilling began in late June. The zone previously returned an impressive 9m at 16.96g/t gold from 178.5m, including 1m grading an eye-popping 129.25g/t. The structure is defined by steeply dipping quartz vein systems containing sulphides such as arsenopyrite and pyrite – conditions also noted at Amadee.
Olympio’s current campaign is part of a permitted 10,000m drill program encompassing 38 holes across several high-priority prospects, including Decoeur and the underexplored Decoeur Extension.
Olympio Metals’s Bousquet project lies in Quebec’s prolific, world-class Cadillac Break.
Drilling is being carried out by local contractor Diafor. Oriented core is being collected to support future structural modelling.
Olympio recently bolstered its balance sheet with a $1.6 million capital raise comprising a $1.5 million placement to sophisticated investors and a $100,000 commitment from directors, subject to shareholder approval. The funds are earmarked to drive the Bousquet and nearby Dufay projects forward.
Dufay, 60km west of Bousquet, also sits along the Cadillac Break and has recently delivered promising copper results. In June, Olympio revealed that diamond drilling at its Dasserat prospect within Dufay had identified more than 850m of strike with copper mineralisation grading up to 1.64 per cent. Multiple zones up to 27m wide were intercepted, which closely matched IP and EM geophysical models.
While copper was the primary focus at Dufay, both projects sit within the broader Cadillac–Larder Lake Fault Zone, renowned globally for hosting some of the highest-grade and largest gold deposits in North America. These include La Ronde and Westwood, as well as the nearby 1-million-ounce O’Brien gold deposit operated by Radisson Mining and the 1.8-,illion-ounce Hosco resource owned by Hecla.
Olympio’s combined landholding across Bousquet and Dufay now gives it exposure to some 20km of this coveted geological corridor. The region also has strong infrastructure in place, including road, rail and year-round access to hydroelectric power.
Olympio’s Canadian campaign has evolved into one of the more active junior-led exploration programs along the Cadillac Break this year, with drill rigs turning, visible gold in hand and assays on the horizon.
If assays confirm the visual indicators at both Paquin and Amadee, Olympio could soon find itself playing with a very valuable piece of the Cadillac Break puzzle.
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