Olympio lands best-ever gold hit in Quebec
Brought to you by Bulls and Bears
Doug Bright
Olympio Metals has made a game-changing gold capture at the Bousquet gold project in Quebec; Initial analysis of phase two drilling at the Paquin mine returned a 7.5-metre bonanza with 41.81 grams per tonne (g/t) gold from a depth of 182 meters in a single diamond drill hole.
The result was Olympio’s best-ever gold hit throughout the entire project, confirming the apparent gold previously intruded into the core in the same range.
The company says this intercept adds significant confidence to the structurally controlled mineralization pattern at Paquin, where veining in gold zones indicates complex trends and high-grade mineral potential.
Analysis of the remainder of this diamond hole and six more holes from the phase two program is still pending; The company is keen to use the next suite of results to refine its geological model and guide next steps.
‘We look forward to seeing the outstanding analysis results for BO-26-63 and the other 6 holes of the program.’
Olympio Metals managing director Sean Delaney
The spectacular intervention supported the strong visuals from earlier in Paquin. In mid-February, Olympio recorded numerous visible gold signatures in the same drill hole, a 6.25-meter zone consisting of dark quartz veins and associated sulphides.
The current program is designed to follow other high-grade successes from the 2025 maiden campaign, which included 6.4 million 6.54 g/t gold assays and 1.5 million 54.2 g/t gold assays.
The second stage campaign at Bousquet completed seven holes totaling 1639 metres.
The project is located in Quebec’s famous Cadillac Break, sometimes called the Larder Lake-Cadillac Break, a major structural fault zone that stretches more than 250 km from Matachewan in Ontario to Val-d’Or in Quebec.
Olympio Metals managing director Sean Delaney said: “We are excited to see this high-grade intersection at Paquin confirm the visual gold recorded in the drill core. These initial results from the second phase of drilling highlight the potential of the high-grade ores and are the best drilling results to date for the Bousquet Project.”
As a productive gold metallogenic-tectonic zone, it hosts important gold deposits and mining camps along its entire length, especially in the Abitibi region. It is a regional-scale structure associated with more than 110 million ounces of gold.
Olympio’s flagship project is located within 15 kilometers of major operating mines, including Agnico Eagle’s massive 15.8 million-ounce La Ronde gold project and Iamgold’s 2.4 million-ounce Westwood gold project.
Olympio has the option to purchase 80 percent of Bousquet from Bullion Gold Resources, while Bullion retains 20 percent of the net carried interest. The company has already made significant payments and exploration investments to advance the project.
The final result not only confirmed the presence of high-grade gold at Paquin, but also highlighted the effectiveness of the company’s structured targeting approach. With further analysis coming soon, Olympio looks well positioned to build on this momentum and unlock Bousquet’s wider potential.
Already amassing plenty of gold drilling and visible gold credits, Olympio’s Bousquet story is rapidly heating up and further analysis is due. Momentum appears to be building as each new result adds confidence to the company’s geological model and the high-grade mineral potential at Paquin.
The proximity of multiple world-class gold deposits within a massive, regional-scale host structure, backed by a long prospect history, offers explorers with well-thought-out geological models and determination a strong potential for success.
Olympio’s approach unlocks new opportunities and Bousquet is shaping up as one to watch.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
