Olympio Metals expands exploration potential

Olympio Metals (ASX:OLY) has announced its option to acquire an 80% interest in the Dufay Copper-Gold Project in Quebec, Canada. This acquisition positions the company strategically within the mineral-rich Cadillac Break region, known for its abundant gold and copper resources.

Key takeaways and future outlook for Olympio Metals

Olympio Metals' acquisition of an 80% interest in the Dufay Copper-Gold Project marks a strategic expansion into Quebec's Cadillac Break region, known for its rich mineralization. Covering 60 square kilometers, the project features high-grade copper and gold potential with historical showings and untested targets. This aligns with Olympio's focus on copper-gold exploration, shifting away from lithium projects. The company plans to commence drilling in January 2025, further exploring this promising geological area and potentially unlocking new mineral resources.

Insights from Olympio Metals

The Dufay Project offers a significant exploration opportunity with its historical data and proximity to existing infrastructure. We are excited to focus on copper-gold exploration in this geologically promising area, enhancing our asset portfolio and strategic priorities.