Olympio Metals Limited announced that it has gained access to over two hundred historical samples from the Eurelia Niobium-Rare Earth Element Carbonatite Project in South Australia. The samples were collected as part of a diamond-focused exploration campaign and have never been assayed for rare earth elements (REEs) or niobium. The Eurelia Project (Eurelia) is located within the Adelaide Geosyncline in South Australia and encompasses a large area prospective for carbonatite-hosted REE mineralisation.

Olympio has been granted access to a significant number of samples which have been carefully stored in Adelaide. These samples were collected by previous explorers over the period from 2002 to 2010 as part of diamond-focussed exploration campaigns. The samples have never been assayed for REEs or niobium.

The Company is currently sorting through the samples to be dispatched, with assays expected towards the end of February. Highlights: Samples that have been carefully stored are now available to Olympio for resampling and assaying; Samples were collected by previous explorers as part of diamond exploration campaigns and have not been assayed for rare earths; Samples are from trenching, rock chip and drilling programs across the Eurelia Project; Re-assaying of these samples will significantly accelerate the targeting and prioritisation for drilling programs.