Olympio to Acquire Advanced Bousquet Gold Project, Quebec, Canada

Olympio Metals Limited (ASX:OLY) (Olympio or the Company) is pleased to announce that it has signed a binding Letter of Intent with Bullion Gold Resources Corporation (TSX-V:BGD) to enter into an option to acquire up to 80% of the Bousquet Gold Project (Bousquet Option), an advanced high- grade gold project on the Cadillac-Lake Larder Fault Zone, known as the ‘Cadillac Break’ in Quebec, Canada. This terrane bounding structure is associated with world class orogenic gold and copper mineralisation¹. The Bousquet Project is located 30km east of the Rouyn-Noranda Au-Cu mining centre (Horne and Granada mines) and 15km west of the Bousquet Mining Camp, which includes the>15Moz Au La Ronde² and 2.4 Moz Au Westwood3 working mines (Figure 1).

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Highlights

• Option to acquire up to 80% of the Bousquet Gold Project from Bullion Gold
• Located on the Cadillac Break, a regional structure associated with world class gold and copper mineralisation (>110 Moz Au¹)
• Numerous high-grade prospects including Paquin East with historical intercept of 9m @ 16.96g/t Au6
• Within 15km of multi-million ounce working gold mines (Agnico Eagle’s La Ronde - 15.8Moz Au² and Iamgold’s Westwood - 2.4Moz Au³)
• High-grade, quartz hosted vein systems with common visible gold, similar to nearby O’Brien Project 15km to the east (1.0Moz Au⁴, Radisson)
• 24km² of contiguous tenure, covering a 10km strike of the Cadillac Break
• Complements the Company’s Dufay Au-Cu Project 60km to the west, and provides a combined 20km strike exposure to highly prospective segments of the Cadillac Break
• Excellent road, rail and hydroelectric infrastructure runs through the project, with year- round access
• Underexplored property with the majority of drillholes completed pre-1947
• The Option provides further exposure to a strong gold price with flexible structure terms

Olympio’s Managing Director, Sean Delaney, commented:

“Acquiring the advanced Bousquet Gold Project presents a significant opportunity for Olympio to expand our exposure to one of the world’s premier gold-bearing structures—the renowned Cadillac Break. The project is strategically positioned between substantial gold deposits to the east and west, with numerous high-grade gold prospects featuring gold both at surface and in drilling. This makes Bousquet an exceptional exploration target. The geological setting and mineralisation style closely resemble the nearby million-ounce O’Brien Project, where high-grade gold zones are often associated with visible gold in quartz veining.

“The Project is next to working gold mines with under-utilised mills (<20km by road), with a major highway, railway and hydroelectric power all traversing the centre of the project.

Bullion are divesting Bousquet to focus on their large Bodo polymetallic project which provides Olympio with this great opportunity to explore in one of the world’s best gold regions.”

Figure 1 Setting of Olympio projects, Bousquet and Dufay, on the Cadillac Break

The Bousquet Gold Project is a strategic land acquisition which complements the Dufay Gold-Copper Project 60km to the west along the renowned Cadillac Break. The southern half of the project covers a well-defined, regionally mineralised zone to the south of the Cadillac Break, which hosts numerous gold prospects within Timiskaming Group sediments that are exclusively correlated with the development of the Cadillac Break.

The Bousquet Project includes several advanced gold prospects and numerous structural and geophysical targets that remain untested by drilling or modern exploration. The majority of drilling on the project is pre-1947, and all prospects remain under-explored.

HIGH GRADE QUARTZ VEINS IN FAVOURABLE GEOLOGICAL CONTEXT

Gold mineralisation at Bousquet is structurally controlled, quartz vein-hosted, high-grade gold associated with second and third order structures peripheral to the Cadillac Break, which is typical of the majority of mineralisation on the Cadillac Break¹.

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