Bousquet Gold Project’s Future Hinges on Pending Assays and Drill Plans
Olympio Metals has completed a targeted soil sampling campaign and initiated resampling of historical drill core at its Bousquet Gold Project in Quebec, aiming to expand the known mineralised strike and refine drill targets ahead of a follow-up drilling program.
- Completed soil sampling over 1.5km strike extension beyond established mineralised trend
- Resampling of historical drill core underway to enhance assay dataset at Paquin Prospect
- Follow-up drill program planning in progress with assay results pending for recent holes
- Bousquet Project located on prolific Cadillac Break near major gold mines in Quebec
- Olympio holds option to acquire 80% interest with ongoing exploration investment
Expanding the Gold Footprint
Olympio Metals Limited (ASX, OLY) has advanced its exploration efforts at the Bousquet Gold Project in Quebec by completing a comprehensive soil sampling campaign designed to test an additional 1.5 kilometres of strike along the east-west Paquin/Amadee trend. This work extends beyond the previously established 1.3-kilometre mineralised corridor, potentially opening new ground for gold mineralisation in a region renowned for its prolific deposits.
Soil sampling, a cost-effective and broadscale exploration technique, was conducted systematically with 290 samples collected at 50x50 metre spacing. The samples, taken from the B horizon, are undergoing Aqua Regia and ICP-MS analyses to detect elevated gold trends and vector towards primary mineral sources. This method is particularly suited to the Bousquet area due to its preserved soil profile and complex structural geology.
Reassessing Historical Data
In parallel, Olympio is undertaking additional analyses of historical drill core from key structural positions at the Paquin Prospect. This resampling program follows an updated geological model and aims to fill gaps where previous sampling was incomplete or inadequate. The initiative reflects a strategic approach to integrate legacy data with new findings, ensuring a robust assay dataset to underpin future resource estimation.
The Paquin Prospect itself is a significant target, with mineralised envelopes containing visible gold and associated sulphides within silicified greywackes. The prospect extends over 1.3 kilometres with thicknesses exceeding 100 metres, highlighting its potential scale.
Strategic Location and Next Steps
The Bousquet Project sits on the Cadillac Break, a major regional structure linked to world-class gold mines such as Agnico Eagle’s La Ronde (15.8 million ounces) and Iamgold’s Westwood (2.4 million ounces). Olympio holds an option to acquire an 80% interest in the project from Bullion Gold Resources, having already invested close to C$1 million in exploration and made initial payments totaling C$0.3 million.
With assay results pending for five recent drill holes at Paquin and CB-1, Olympio is actively planning a follow-up drill program to test new targets generated from soil sampling and core resampling. The company’s Managing Director, Sean Delaney, emphasised the importance of these programs in refining drill targeting and advancing the project towards resource definition.
Historical exploration data, including geophysical surveys and drilling dating back to the early 20th century, are being integrated to provide a comprehensive understanding of the geology and mineralisation controls. This multi-decade dataset, combined with modern techniques, positions Olympio to efficiently advance the Bousquet Project.
Bottom Line?
As assay results loom and drill plans firm, Olympio’s methodical approach at Bousquet could unlock significant new gold resources along a proven corridor.
Questions in the middle?
- Will the pending assay results confirm extensions of high-grade gold mineralisation?
- How will the resampling of historical core impact the confidence in resource estimates?
- What are the timelines and scale for the upcoming follow-up drilling program?
