Olympio Metals Acquires Jacknife Silver Project in Idaho

Olympio Metals Ltd, has announced the acquisition of an 80% interest in the Jacknife Silver Project located in Idaho, USA. The project is situated in the renowned Silver Valley mining district and includes the historic Conjecture Mine, which produced over 2 million ounces of silver at exceptional grades up to 22 ounces per tonne. The Jacknife Project covers a district-scale 7km trend of mineralised shear zones, with six historical high-grade silver mines that have collectively produced over 3.2 million ounces at an average grade of 12.7 ounces per tonne. The project also includes 335 acres of patented mining claims, which provide immediate access and limited permitting requirements for exploration and underground mining. 's Managing Director, Sean Delaney, commented that the Jacknife Project is an "excellent acquisition" that complements the recently acquired Raven high-grade silver project. He noted the project's significant historical production, the large-scale mineralised structures, and the advantages of the patented mining claims as key factors that make Jacknife an "exciting opportunity" to advance rapidly. The company plans to commence a maiden drill program at the Conjecture Mine to validate the continuity of high-grade mineralisation, as well as undertake surface mapping and sampling across the broader project area to generate and prioritise additional exploration targets. views the Jacknife Project as a significant step in building its portfolio of advanced silver assets in the United States. Investair - Know the market before you raise. Capital markets intelligence for ASX-listed companies https://lnkd.in/gGisJZfD #ASX #MiningUpdate #SilverExploration #JuniorMiner #MineralResources

  • Olympio Metals Ltd, has announced the acquisition of an 80% interest in the Jacknife Silver Project located in Idaho, USA. The project is situated in the renowned Silver Valley mining district and includes the historic Conjecture Mine, which produced over 2 million ounces of silver at exceptional grades up to 22 ounces per tonne. 

The Jacknife Project covers a district-scale 7km trend of mineralised shear zones, with six historical high-grade silver mines that have collectively produced over 3.2 million ounces at an average grade of 12.7 ounces per tonne. The project also includes 335 acres of patented mining claims, which provide immediate access and limited permitting requirements for exploration and underground mining.

's Managing Director, Sean Delaney, commented that the Jacknife Project is an "excellent acquisition" that complements the recently acquired Raven high-grade silver project. He noted the project's significant historical production, the large-scale mineralised structures, and the advantages of the patented mining claims as key factors that make Jacknife an "exciting opportunity" to advance rapidly.

The company plans to commence a maiden drill program at the Conjecture Mine to validate the continuity of high-grade mineralisation, as well as undertake surface mapping and sampling across the broader project area to generate and prioritise additional exploration targets. views the Jacknife Project as a significant step in building its portfolio of advanced silver assets in the United States.

Investair - Know the market before you raise.
Capital markets intelligence for ASX-listed companies
https://www.investair.com.au

#ASX #MiningUpdate #SilverExploration #JuniorMiner #MineralResources

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