Proactive - Interviews for investors

Olympio Metals signs LOI for new gold project

Episode Summary

Olympio Metals Ltd (ASX:OLY, OTC:COPGF) managing director Sean Delaney talked with Proactive’s Tylah Tully about the company’s recent letter of intent (LOI) with Bullion Gold Resources Corporation (TSX-V:BGD) to acquire the Bousquet Gold Project in Quebec. Delaney explained that the project is located along the Cadillac Break, a well-known gold-producing region. Olympio now has 30 days to complete due diligence before finalising the acquisition. Previous drilling at the site has returned strong results, including up to 17 grams per tonne over nine meters. The project sits near operating mines and an underutilised mill, which could present development opportunities. Beyond this acquisition, Olympio is advancing its Dufay Gold Project and finalising approvals for drilling. Delaney noted that drill sites have been prepared and a contractor selected, with drilling expected to begin soon. He highlighted the company’s focus on high-grade gold and copper exploration in Quebec, describing the region as one of the world’s premier mining jurisdictions. #OlympioMetals #GoldExploration #MiningNews #ASXStocks #TSXV #QuebecGold #BousquetProject #CadillacBreak #GoldInvesting #ProactiveInvestors