Where is the Amadee prospect located?

The Amadee prospect is part of the Bousquet Project in Québec, Canada.

What geological structure hosts the Bousquet Project?

It lies on the Cadillac-Lake Larder Fault Zone, known as the Cadillac Break.

What is the focus of Olympio Metals’ recent drilling?

The focus is on defining broad gold mineralisation zones and structural continuity with the Paquin prospect.

ASX 200 Olympio Metals advances Amadee prospect within Canadian gold project

3 min read | August 12, 2025 05:30 PM AEST | By Team Kalkine Media

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ASX 200 Olympio Metals advances Amadee prospect within Canadian gold project — Image source: Shutterstock

Drilling outcomes highlight extensive gold zones

Recent drilling activity at the Amadee prospect has intersected multiple zones of gold mineralisation, including both broad mineralised envelopes and high-grade quartz veins. The results confirm the presence of a wide gold-bearing structure extending over a considerable strike length, indicating mineralisation continuity within the area.

The drilling program has outlined gold zones from near-surface depths, supporting the interpretation of mineralisation styles and geochemical signatures that are consistent between Amadee and the adjacent Paquin prospect. These similarities reinforce the understanding that both areas form part of the same large gold mineralised structure.

Exploration strategy and project development

Olympio Metals has indicated plans to extend exploration further east and west from Amadee toward Paquin. The aim is to evaluate the structural connection between the two prospects through additional drilling and geological modelling.

The company has also integrated historical data reviews into its exploration strategy. These datasets strengthen the interpretation of a continuous mineralised structure, providing a broader geological framework for future work programs.

Project location and infrastructure

The Bousquet Project is situated within an established mining region of Québec, offering access to underutilised processing facilities. This proximity to infrastructure enhances the logistical viability of continued exploration and development activities.

The project’s location on the Cadillac Break positions it within a historically significant gold belt, known for hosting numerous producing and past-producing gold mines. This regional context underscores the geological importance of the Amadee and Paquin prospects.

Ownership and agreement terms

Olympio Metals holds an option to acquire a substantial interest in the Bousquet Project. The option agreement enables the company to progressively increase its stake through staged exploration commitments and other project milestones.

The staged acquisition framework allows systematic evaluation of the project’s mineralised zones while aligning exploration work with the company’s strategic objectives in the Canadian gold sector.

Frequently Asked Questions

Where is the Amadee prospect located?
The Amadee prospect is part of the Bousquet Project in Québec, Canada.
What geological structure hosts the Bousquet Project?
It lies on the Cadillac-Lake Larder Fault Zone, known as the Cadillac Break.
What is the focus of Olympio Metals’ recent drilling?
The focus is on defining broad gold mineralisation zones and structural continuity with the Paquin prospect.

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