Olympio Metals Reports Promising Lithium Results from Cadillac Project Drilling
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 Ltd has completed a comprehensive 23-hole, 2,715-metre diamond drilling program across four pegmatite dykes at its Cadillac Lithium Project in Quebec, Canada. The drilling revealed significant lithium-caesium-tantalum geochemical fractionation trends that highlight the area's substantial lithium prospects. Among the notable discoveries was spodumene with grades reaching 2.3% lithium oxide in the Dyke B area, significantly expanding the project's known lithium potential beyond initial expectations.
The drilling results, when combined with prior surface sampling data, indicate that the LCT pegmatites cover a much larger area than originally anticipated. This expanded understanding sets the stage for more extensive regional exploration activities. The company has successfully secured $1.1 million through Canadian Flow-Through Shares, providing adequate funding for the upcoming field season. This financial backing will support continued exploration across Olympio's 190-square-kilometre landholding, where numerous high-priority pegmatite targets await systematic testing and evaluation.
The recent drilling program has successfully delineated two distinct zones of fractionated pegmatites, suggesting the presence of multiple generations of LCT mineralised intrusions within the project area. These geological findings will directly inform the company's exploration strategy moving forward, with particular focus on areas displaying elevated potassium-rubidium fractionation trends that are scientifically linked to lithium mineralisation. With over 400 known pegmatites identified within the Cadillac Project area, Olympio is well-positioned to advance its exploration activities using the latest geological insights to target the most promising areas in the coming weeks.
Curated from News Direct
