Olympio Metals begins exploration at Chevrier

Olympio Metals (ASX:OLY) has started a Fixed Loop Electromagnetic (FLEM) survey at the Chevrier Copper Prospect in Quebec, Canada. This marks the first detailed geophysical study of the area. The survey aims to prepare for the company's inaugural drilling campaign planned for January 2025.

Overview of exploration plans and ambitions

Olympio Metals is undertaking a Fixed Loop Electromagnetic survey at the Chevrier Copper Prospect as part of its exploration strategy at the Dufay Project in Quebec. The site is historically known for high-grade copper deposits. Strategically located near significant geological features, the project benefits from logistical advantages. With the FLEM survey, the company aims to pinpoint conductive sulphide concentrations, guiding the drilling program scheduled for January 2025. Olympio's exploration strategy reflects a commitment to leveraging modern geophysical techniques to uncover new mineral deposits, aligning with the growing market demands for copper and gold. The company is optimistic about the project's potential, supported by historical rock chip samples showing significant copper concentrations.

Executive insights on exploration

The FLEM survey is a critical step in identifying key targets at the Chevrier Copper Prospect. We are excited to commence drilling early next year and are optimistic about the potential of this project given its strategic location and promising historical data.