Bousquet’s Untapped Gold System Raises Stakes Amid Vast Unexplored Territory
Olympio Metals has reported a highly successful maiden drilling campaign at its Bousquet Gold Project in Quebec, revealing over 100 significant gold intercepts and confirming the presence of multiple gold deposits along a large east-west trending system.
- Maiden drill program yields 100+ significant gold intercepts
- High-grade gold hits up to 54.2 g/t over 1.5m at Paquin Prospect
- Three main structural trends identified – Paquin-Amadee, Decoeur, CB-1
- Gold mineralisation open along strike and at depth, with 80% of project unexplored
- Olympio holds option to acquire 80% interest in Bousquet Project
A Promising Start at Bousquet
Olympio Metals Limited (ASX, OLY) has delivered an impressive maiden drilling result from its Bousquet Gold Project in Quebec, Canada, announcing over 100 significant gold intercepts across three key prospects, Paquin, Amadee, and Decoeur. This initial 32-hole diamond drilling campaign has not only confirmed the presence of multiple gold deposits but also revealed a large, east-west trending gold system extending at least 3 kilometres by 1.5 kilometres.
High-Grade Intercepts Highlight Potential
Among the standout results are high-grade intercepts such as 1.5 metres at 54.2 grams per tonne gold from 235.5 metres at Paquin, and 1.3 metres at 12.2 grams per tonne at the CB-1 prospect. Other significant hits include 6.4 metres at 6.54 g/t and 7.9 metres at 6.2 g/t at Paquin, demonstrating both the scale and grade potential of the mineralisation. These results suggest the presence of multiple gold lodes, with mineralisation open along strike and at depth, indicating considerable upside for further discovery.
Structural Insights and Regional Context
Olympio’s geological team has identified three main structural corridors controlling gold mineralisation, the Paquin-Amadee trend, the Decoeur trend, and the CB-1 corridor. The Paquin and Amadee prospects form a 1.3-kilometre strike length of mineralisation, interpreted as an east-west trending strike-slip shear zone with multiple dilation zones hosting high-grade shoots. Decoeur extends over 1.7 kilometres and remains open at depth, while CB-1 has revealed at least three fertile structures within a 260-metre zone.
Importantly, approximately 80% of the Bousquet Gold Project remains unexplored, underscoring the significant scale potential of the system. The project lies on the renowned Cadillac Break, a major regional structure associated with world-class gold mines such as Agnico Eagle’s La Ronde (15.8 million ounces) and Iamgold’s Westwood (2.4 million ounces), located within 15 kilometres.
Next Steps and Strategic Positioning
Olympio holds an option to acquire an 80% interest in the Bousquet Project from Bullion Gold Resources, with payments and exploration commitments underway. The company plans a follow-up drill program focused on delineating the dimensions and grade continuity of the high-grade Main Lode at Paquin, including re-sampling historical drill holes from the 1940s that were inadequately sampled. This will provide a more reliable basis for resource estimation and economic evaluation.
Managing Director Sean Delaney emphasised the project’s potential, noting the discovery of multiple significant gold intercepts and the opportunity to advance exploration on three major structural trends. The combination of high-grade mineralisation, structural complexity, and regional proximity to established mines positions Bousquet as a compelling exploration story to watch.
Bottom Line?
With over 100 significant gold intercepts and vast unexplored ground, Olympio’s Bousquet Project is poised for a transformative exploration phase in 2026.
Questions in the middle?
- How will the upcoming drilling program refine the resource potential at Paquin’s Main Lode?
- What is the timeline for converting these exploration results into a formal resource estimate?
- Could the structural model developed at Bousquet unlock additional high-grade zones elsewhere on the project?
