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The latest update is out from CropLogic Ltd. ( (AU:OLY) ).
Olympio Metals Limited has successfully raised A$1.25 million through a placement to fund further exploration at its Bousquet Gold Project in Quebec. The recent drilling program has shown promising results, with over 85% of the holes intersecting significant gold mineralization, indicating a large mineral system. The funds will be used to continue exploration, including a new phase of diamond drilling to define a maiden Mineral Resource Estimate at the Paquin Prospect. This development positions Olympio to optimize its exploration strategy and potentially enhance its market position in the gold mining sector.
More about CropLogic Ltd.
Olympio Metals Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in advancing its Bousquet Gold Project in Quebec, Canada, which is located near significant gold deposits and working mines.
Average Trading Volume: 154,123
Technical Sentiment Signal: Sell
Current Market Cap: A$7.91M
For detailed information about OLY stock, go to TipRanks’ Stock Analysis page.