Decoeur Prospect Strike Extended Over 1.7km with 7.1m @ 1.43 g/t Au Intercept

Expanding the Gold Footprint at Decoeur

Olympio Metals Limited (ASX – OLY) has announced a significant expansion of gold mineralisation at its Bousquet Project in Quebec, Canada, with drilling results at the Decoeur Prospect extending the known strike length to more than 1.7 kilometres. Recent assays, including a notable 7.1 metres at 1.43 grams per tonne gold from 47.1 metres depth, have linked Decoeur to the Joannes Prospect, confirming the fertility of the North Bousquet Fault over this extended distance.

This extension is particularly compelling given the open-ended nature of the mineralisation both to the east and west, suggesting the potential for further discoveries along this structural corridor. The Decoeur system also shows significant down dip potential, highlighted by a previously reported intersection of 14.5 metres at 1.96 grams per tonne gold from 355.5 metres, which remains one of the best intercepts recorded to date.

Emerging Structures and New Targets

Beyond Decoeur, Olympio’s drilling at the CB-1 target has revealed an emerging third east-west trending feeder structure, distinct from the North Bousquet Fault and the Paquin/Amadee trend. Visible gold encountered in drill hole BO-25-54 and significant assay results of 2.7 metres at 1.49 grams per tonne gold indicate this structure could host additional mineralisation. Pending assays from further holes at CB-1 will clarify the strike continuity of this promising new zone.

Meanwhile, drilling at the VLF target south of Paquin has intersected stacked lenses of gold-bearing veins, providing valuable vectoring information to guide future exploration. These findings underscore the multi-deposit potential of the Bousquet Project, with multiple structural trends contributing to a complex and fertile gold system.

Advancing Towards a Maiden Resource

Olympio is preparing for a substantial follow-up drilling campaign at the Paquin Prospect, where historical drilling from the 1940s is insufficient for modern resource estimation standards. A proposed 2,300-metre diamond drill program aims to infill shallow sections with contemporary sampling and analytical methods, including screening for coarse gold. This will lay the groundwork for a maiden mineral resource estimate compliant with the JORC Code.

Additionally, a 4,200-metre program is planned to test down dip and strike extensions at Paquin, leveraging recent structural analyses to target high-priority zones with greater precision. At Decoeur, detailed structural reviews will refine targeting along the 1.7-kilometre mineralised strike, while early-stage regional targets north of the Cadillac Break are being advanced towards drill testing.

Strategic Location and Market Context

The Bousquet Project’s location on the Cadillac Break, a prolific regional structure hosting world-class gold mines such as Agnico Eagle’s La Ronde and Iamgold’s Westwood, adds strategic value to Olympio’s exploration efforts. Situated within 15 kilometres of these multi-million ounce operations, the project benefits from established infrastructure and a proven gold district.

Olympio’s option to acquire an 80% interest in the project from Bullion Gold Resources, combined with ongoing exploration investment, positions the company to unlock significant value as the drilling programs progress and resource definitions emerge.