Olympio Metals Ltd

via Proactive Olympio Metals Ltd made solid progress at the Cadillac Lithium Project in Canada over a quarter of exploration activities, confirming the lithium prospectivity of the tenure with a drill hit returning 2.3% #lithium. The lithium mineralisation appears to be concentrated around the Dyke B structure at Cadillac, which #OLY targeted with a 3,000-metre diamond #drilling program, particularly focused on several pegmatite formations. Read more: https://loom.ly/RaXdwyo #OlympioMetals #ASX

#ASXNews Olympio Metals Ltd is pleased to provide its Quarterly Activities Report for the three months ended 30 June 2024. CADILLAC LITHIUM PROJECT, CANADA • Intersections up to 2.3% Li₂O at Dyke B, part of the 3,000m diamond #drilling program, targeting multiple pegmatite targets • Spring/Summer field program commenced, targeting the East-West zone surrounding the Wells-Lacourcière spodumene pegmatite prospect CORPORATE • Strong balance sheet with $2.3 million cash at end of quarter • Tight capital structure with only 85.5 million shares on issue View the full report: https://loom.ly/Zx983hk #OLY #OlympioMetals #Lithium #ASX

via Stockhead Olympio Metals Ltd shares rocketed up 31% to 5c in early trade to be the best performing resources junior on the ASX from open today, continuing its price trajectory up from June 24 when it was trading at just 2.2c per share. Olympio's Cadillac Project is near Canada’s only operating #lithium mine – Sayona Mining (ASX:SYA) and Piedmont Lithium (ASX:PLL) 119.1Mt at 1.1% Li2O NAL operations. Fieldwork’s comprised of pegmatite surveying using pXRF and LIBS analysers to locate potential #spodumene-bearing pegmatites suitable for drill targeting. Read more: https://loom.ly/29i624M #OLY #OlympioMetals #ASX

Olympio Metals Ltd is progressing the fieldwork at Cadillac Lithium Project in the rapidly emerging Cadillac-Pontiac lithium camp and less than 60 kilometres from Canada’s only operating #lithium mine in southwest Québec. The program is expanding sampling coverage well beyond the Wells-Lacourcière #spodumene pegmatite prospect, particularly along the identified east-west structural corridor. Portable XRF and LIBS analysers are employed in the field to fast-track the location of highly fractionated pegmatites suitable for detailed #exploration and drill targeting. Recent drilling has confirmed the K/Rb index as a reliable indicator of pegmatite fertility. Discover more: https://loom.ly/lHbJoQc #OLY #OlympioMetals #LCT #ASX

Fieldwork is progressing well at Olympio Metals Ltd’s Cadillac Lithium Project in Quebec. The #exploration work is expanding the sampling coverage well beyond the Wells-Lacourcière spodumene pegmatite Prospect, particularly along the identified East-West (E-W) structural corridor. The Cadillac Project is located in the rapidly emerging Cadillac-Pontiac #lithium camp less than 60km from Canada’s only operating lithium mine in southwest Québec. Drilling at the Wells-Lacourcière spodumene-bearing Lithium-Caesium-Tantalum pegmatite has returned grades up to 3.14% Li2O. Learn more: https://loom.ly/lHbJoQc #OLY #OlympioMetals #LCT #ASX

Field exploration to date at Olympio Metals Ltd’s Cadillac Lithium Project in Quebec has focused largely on the area to the immediate east of Wells Lacourcière and the area to the south. Recent #drilling of variably fractionated pegmatites near Wells-Lacourcière provided a large amount of whole rock geochemical data which confirmed the K/Rb index to be a consistent and reliable indicator of pegmatite fractionation and #lithium fertility. The validation of this exploration vector will allow rapid identification of prospective fractionated pegmatites in the coming field season. Learn more: https://loom.ly/lHbJoQc #OLY #OlympioMetals #ASX

Olympio Metals Ltd Managing Director, Sean Delaney attended the #RIUSydney24 at the Hyatt Regency in Sydney last week. Sean spoke to many potential investors discussing #OLY's exciting work at the Cadillac #Lithium Project in Quebec, including the new fieldwork program underway. Continue watching to see Sean Delaney share his insights on the company’s recent activities in Quebec. Read the new announcement: https://loom.ly/lHbJoQc #OlympioMetals #ASX Vertical Events

via Grafa Olympio Metals Ltd launched its 2024 field exploration program at the Cadillac Lithium Project in Quebec, expanding into previously unexplored areas east and west of the Wells-Lacourcière spodumene pegmatite prospect. #OLY's project covers 190kms in the Abitibi Hub, a key #lithium region, utilising advanced technologies like portable XRF and LIBS analysers to identify pegmatites. Read more: https://loom.ly/kD03V3o #OlympioMetals #ASX

via Proactive Olympio Metals Ltd has started fieldwork at Cadillac #Lithium Project in the rapidly emerging Cadillac-Pontiac lithium camp and less than 60 kilometres from Canada’s only operating lithium mine in southwest Québec. #OLY's program plans to expand sampling coverage well beyond the Wells-Lacourcière spodumene pegmatite prospect, particularly along the identified east-west structural corridor. Read more: https://loom.ly/hPTfGKg #OlympioMetals #ASX

#ASXNews Cadillac Field Program Commences – Unexplored Targets In East-West Zone Olympio Metals Ltd is pleased to announce that fieldwork has commenced this week at the Cadillac Lithium Project in Quebec. The exploration is planned to expand the sampling coverage well beyond the Wells-Lacourcière spodumene pegmatite Prospect, particularly along the identified East-West structural corridor. The Cadillac Project is located in the rapidly emerging Cadillac-Pontiac #lithium camp less than 60km from Canada’s only operating lithium mine in southwest Québec. Drilling at the Wells-Lacourcière spodumene-bearing Lithium-Caesium-Tantalum pegmatite has returned grades up to 3.14% Li2O. • Field exploration has commenced at the Cadillac Lithium Project for 2024, with a combined Canadian / Australian exploration team • Fieldwork is planned to target interpreted pegmatites in the unexplored zones east and west of the Wells-Lacourcière spodumene pegmatite prospect • Recent drilling has confirmed the K/Rb index as a reliable indicator of pegmatite fertility • Portable XRF and LIBS analysers will be employed in the field to fast-track location of highly fractionated pegmatites suitable for detailed exploration and drill targeting • Olympio is well funded for exploration work with $2.8m cash in bank at the end of the March 2024 quarter #OLY’s Managing Director, Sean Delaney, commented: “This Spring field season will see Olympio significantly expanding on the fieldwork that we commenced in the Canadian Fall last year. We have a combined Canadian and Australian exploration team in the field now equipped with portable XRF and LIBS to allow rapid delineation of more highly fractionated pegmatites.” See the full report: https://loom.ly/lHbJoQc #OlympioMetals #LCT #MiningNews #ASX