Olympio Metals secures copper-gold project on Canada’s Cadillac Break

Proactive - Interviews for investors

Olympio Metals Ltd (ASX:OLY) managing director Sean Delaney joins Proactive’s Tylah Tully to discuss the option agreement the company has signed to acquire an 80% interest in the Dufay Copper-Gold Project in Quebec, Canada. The project is on the prolific Cadillac Break, which is known for its significant copper and gold mineralisation. It hosts world-class mineral deposits exceeding 110 million ounces of gold. The 60-square-kilometre tenure encompasses 10 kilometres of strike and is 35 kilometres west of the Rouyn-Noranda mining centre and copper smelter. Key highlights include high-grade rock chip samples, with copper concentrations reaching up to 7.7%, and a 1.2-kilometre untested Induced Polarisation (IP) anomaly near a syenite porphyry. The property is underexplored with no drilling since the 1980s. Nearby resources include the 11-million-ounce Kerr-Addison gold deposit and the 1.4-million-ounce Galloway project. Delaney emphasised the project's potential for significant porphyry copper-gold mineralisation, with exploration drilling scheduled for January 2025. The project also benefits from excellent infrastructure, including road and rail access. The acquisition represents a low-cost strategic addition to Olympio’s portfolio and offers exposure to one of the world’s premier mineralised structures. #ProactiveInvestors #OlympioMetals #ASX #CopperGoldMining #DufayProject #CadillacBreak #MiningExploration #GoldDeposits #CopperDeposits #QuebecMining #MineralResources #ASX #Geology #PorphyryDeposits #RockChipSampling #RouynNoranda #IPSurvey #GoldMining #CopperExploration #MiningInvestment #DrillingApprovals #ResourceExploration