Olympio Metals Reports Significant Lithium Discoveries at Quebec Project

TL;DR

Olympio Metals Ltd expands known lithium potential, poised for advanced regional exploration, leveraging new geological insights to target high-priority areas.

23-hole, 2,715-metre diamond drilling program uncovers significant lithium-caesium-tantalum (LCT) geochemical fractionation trends across four pegmatite dykes in Quebec, Canada.

Olympio Metals Ltd's recent progress at the Cadillac Lithium Project in Quebec, Canada sets the stage for expanded regional exploration, potentially advancing lithium prospects for a more sustainable future.

Significant discoveries of spodumene with grades reaching 2.3% lithium oxide in the Dyke B area adds to the excitement of the recent drilling efforts in Quebec, Canada.

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Olympio Metals Reports Significant Lithium Discoveries at Quebec Project

Olympio Metals Ltd has completed a comprehensive 23-hole diamond drilling program totaling 2,715 metres across its Cadillac Lithium Project in Quebec, revealing significant lithium-caesium-tantalum geochemical fractionation trends that highlight the area's substantial lithium prospects. The drilling campaign, conducted across four pegmatite dykes, uncovered spodumene mineralization with grades reaching 2.3% lithium oxide in the Dyke B area, substantially expanding the project's known lithium potential beyond initial expectations.

The combined results from drilling and previous surface sampling indicate that the LCT pegmatites cover a more extensive area than originally anticipated, creating opportunities for expanded regional exploration across the company's 190-square-kilometre landholding. The recent exploration has successfully delineated two distinct zones of fractionated pegmatites, suggesting multiple generations of LCT mineralized intrusions within the project area. These geological findings will directly inform the company's exploration strategy, with particular focus on areas displaying elevated potassium-rubidium fractionation trends that are closely associated with lithium mineralization.

Olympio Metals has secured $1.1 million in funding through Canadian Flow-Through Shares, ensuring the company is well-positioned to advance its exploration activities during the upcoming field season. This financial backing will support continued investigation of numerous high-priority pegmatite targets identified across the extensive land package. With over 400 known pegmatites within the Cadillac Project area, the company plans to leverage these latest geological insights to systematically target the most promising areas in the coming weeks, building on the momentum generated by the successful drilling campaign that has significantly enhanced understanding of the project's lithium endowment.

Curated from News Direct

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