UPDATE: Olympio Metals has just announced the restart of drilling at its Bousquet gold project in Quebec, focusing on the promising Paquin prospect. This urgent drilling campaign aims to build on last year’s incredible results, including a stunning intercept of 54.20 grams per tonne (g/t) gold over 1.50 meters.
The new drilling program, initiated earlier today, encompasses eight diamond holes totaling approximately 1,200 meters. The goal is to explore both the up-plunge and up-dip extensions of the high-grade mineralization detected in previous drilling operations. In particular, two drill holes will target extensions that revealed visible gold, while the remaining holes will focus on the top 100 meters of the Paquin system—an area that remarkably has not been drilled since the 1940s.
This latest campaign is crucial as it replaces decades-old data with modern techniques. The historical drilling relied on outdated survey methods, leaving significant gaps in geological understanding. Olympio’s new drilling aims to deliver reliable structural and geological information, essential for developing an updated mineralization model.
The Bousquet project sits strategically along the Cadillac Break, a globally recognized gold-producing structure in Quebec’s Abitibi greenstone belt, which has yielded over 110 million ounces of gold. Notably, the project is within 15 kilometers of major gold mines, such as Agnico Eagle’s La Ronde and Iamgold’s Westwood, highlighting the area’s rich potential.
Managing Director Sean Delaney expressed enthusiasm about the project, stating, “After a highly successful maiden drill program in 2025, the Company is excited to recommence drilling at Paquin for 2026. This program will provide further insight into the shallower parts of the Paquin gold system, where the majority of historical drill coverage is from the 1940s.”
Beyond the Paquin prospect, Olympio has an option to acquire an 80 percent interest in the broader Bousquet project from Bullion Gold Resources through staged cash and share payments, coupled with exploration expenditures. To date, the company has invested nearly C$1 million in exploration and made C$300,000 in payments, solidifying its presence in the region.
With drilling now underway, Olympio aims to confirm continuity and enhance confidence in the shallow mineralization, while exploring whether the high-grade shoots identified in 2025 extend into untested areas. As the company positions itself in this prolific area known for high-grade gold mines, all eyes are on the potential discoveries that may come from this urgent drilling campaign.
Stay tuned for further updates as this story develops!
