Olympio Metals (ASX:OLY) has commenced its second drill program at the Bousquet Gold Project, situated within the prolific Cadillac Break.
Following a standout maiden campaign in 2025, the company is returning to the Paquin prospect to capitalise on high-grade intercepts that previously yielded impressive results, including 1.50m @ 54.20 g/t Au and 6.40m @ 6.54 g/t Au.
The 2026 program is strategically designed to bridge a nearly 80-year data gap.
While the region is home to world-class neighbors like Agnico Eagle’s LaRonde mine, the upper 100m of the Paquin prospect have not seen modern exploration since the 1940s.
Olympio’s Managing Director, Sean Delaney, noted that historical datasets from that era are increasingly unreliable for modern 3D modeling due to outdated survey methods.
The new 8-hole diamond drilling program, totaling approximately 1,200m, aims to replace that "unreliable" data with high-fidelity, modern geological insights.
Key objectives include testing the up-plunge and up-dip extensions of previous holes where visible gold was identified.
Positioned in a region associated with over 110 million ounces of gold, Olympio’s proximity to multi-million-ounce working mines like Westwood and LaRonde underscores the high-stakes potential of the project.
At the time of reporting, Olympio Metals' share price was $0.069.