OLY - Olympio Metals

[Dona Ferentes]

low profile .. name came up recently.

Wesfarmers purchases 65% of Ora Banda Mining’s Davyhurst lithium rights in farm-in deal

Davyhurst is adjacent to Olympio’s Mulwarrie lithium project, which is subject to farm-in agreement with Liontown Resources

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market cap $9mill, cash at end Sept $3.5mill.

..a few projects, Mulwarrie not featuring much

QUARTERLY ACTIVITIES REPORT
for the three months ended 30 Sept 2023
Highlights
• Acquisition of the Cadillac Lithium Project from TSX-V listed Vision Lithium Inc
• Rock chip samples from maiden exploration at Cadillac have returned exceptional lithium grades up to 7.43% Li2O, including:
- 7.43% Li2O (X448163) 5.81% Li2O (X448164)
- 6.29% Li2O (X448161) 2.81% Li2O (X448159)
- 6.24% Li2O (X448158) 2.37% Li2O (X448165)
• Over 400 pegmatite bodies have been interpreted at Cadillac from recently acquired detailed LiDAR and heli-magnetic survey data

• Aircore drilling has returned widespread significant Rare Earth Elements grades at Eurelia, South Australia, over a 10km strike length, with shallow intercepts including:
- 9m @ 1,189 ppm TREO (16% NdPr) from 2m
- 4m @ 1,819 ppm TREO (22% NdPr) from 5m
- 4m @ 1,656 ppm TREO (26% NdPr) from 9m
- 2m @ 3,288 ppm TREO (26% NdPr) from 26m
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since IPO

 

[Dona Ferentes]

low profile .. name came up recently.

a couple of good days, but still languishing.

DDs for Lithium; hope the money lasts.

 

[Dona Ferentes]

a couple of good days, but still languishing.
...; hope the money lasts

and again

now, a 30 per cent rise on the day, on no news, can sometimes earn an ASX query, but it could also just be a statistical blip: