Curated News
By: NewsRamp Editorial Staff
April 12, 2024
Olympio Metals Expands Lithium Potential at Cadillac Project in Quebec
TLDR
- 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.
Impact - Why it Matters
The latest progress at the Cadillac Lithium Project demonstrates the significant expansion of the area's lithium potential, with notable discoveries and secured funding for continued exploration. This news is important for investors, stakeholders, and the lithium industry, as it showcases the company's advancements and future exploration strategy, which could have a substantial impact on the global lithium market.
Summary
Olympio Metals Ltd (ASX:OLY) managing director Sean Delaney discusses recent progress at the Cadillac Lithium Project in Quebec, Canada with Proactive’s Jonathan Jackson. The company completed a 23-hole, 2,715-metre diamond drilling program, uncovering significant lithium-caesium-tantalum (LCT) geochemical fractionation trends, expanding the project's known lithium potential. Olympio secured $1.1 million through Canadian Flow-Through Shares to support continued exploration across their 190-square-kilometre landholding, targeting high-priority areas in the coming weeks.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Olympio Metals Expands Lithium Potential at Cadillac Project in Quebec
