Olympio Metals has intersected multiple visible gold occurrences in its latest diamond drilling at the Paquin prospect within the Bousquet Gold Project, reinforcing the site’s promising potential ahead of assay results expected in March 2026.
- Visible gold found over 6.25m interval in drill hole BO-26-63
- Drilling follows up significant 2025 intercepts with high-grade gold
- Bousquet Project located on prolific Cadillac Break in Quebec
- Olympio holds option to acquire 80% interest from Bullion Gold Resources
- Assay results pending, with ongoing geological modelling and exploration
Visible Gold Confirms Paquin Prospect Potential
Olympio Metals Limited has reported a significant milestone in its ongoing exploration at the Bousquet Gold Project in Quebec, Canada. The company’s phase 2 diamond drilling program at the Paquin prospect has intersected multiple visible gold occurrences within a 6.25-metre zone in drill hole BO-26-63. This discovery follows up on promising high-grade intercepts from 2025, reinforcing the prospect’s potential as a key lode within the project.
Geological Context and Historical Significance
The Bousquet Project sits on the Cadillac Break, a renowned regional structure known for hosting world-class gold mineralisation exceeding 110 million ounces. The Paquin prospect itself is characterised by dark quartz veining, sulphides, and strong carbonate-chlorite alteration, typical markers of significant gold deposits. Historical drilling and exploration have identified multiple mineralised zones across the property, with Olympio’s recent work building on this foundation.
Strategic Acquisition and Exploration Progress
Olympio currently holds an option to acquire an 80% interest in the Bousquet Project from Bullion Gold Resources, with payments and exploration investments ongoing. To date, the company has made partial payments and invested nearly C$1 million in exploration activities. The recent drilling results, including the visible gold in BO-26-63, are being integrated into updated geological models to guide further exploration and resource definition.
Awaiting Assay Results and Next Steps
While visible gold is an encouraging visual indicator, Olympio cautions that laboratory assays are essential to quantify gold grades accurately. Assay results for the current drill program are expected in March 2026 and will provide critical data to validate the economic potential of the mineralisation. The company’s managing director, Sean Delaney, emphasised the ongoing nature of the program and the prioritisation of BO-26-63 for detailed analysis.
Broader Exploration and Future Targets
Beyond Paquin, Olympio is advancing several regional targets identified through geophysical surveys and historical data compilation. These include prospects with potential for both gold and base metal mineralisation, such as a conceptual volcanogenic massive sulphide (VMS) copper-zinc target. The company’s methodical approach combines modern exploration techniques with historical insights to unlock value across the Bousquet property.
Bottom Line?
As Olympio awaits assay confirmation, the visible gold discovery at Paquin sharpens focus on Bousquet’s emerging gold potential.
Questions in the middle?
- What will the upcoming assay results reveal about gold grades and continuity?
- How will the option acquisition terms and royalties impact project economics?
- What is the timeline and scale for advancing regional targets beyond Paquin?