Hellas Gold, Olympias Surface Exploration Expansion, Greece

Project Description

Geotest is carrying out an expanded surface diamond drilling programme at the Olympias Mine, drilling from surface locations designated by Hellas Gold Single Member S.A. The 2026 programme targets approximately 9,600 metres of inclined and vertical diamond drilling, with a ±10% allowance on the final total, monitored throughout by the Company.

Project Challenge

Balancing two drilling objectives in parallel — upgrading resource confidence outside current reserves while refining ore contacts within them.

  • Surface Infill Drilling to upgrade the classification of resources located outside current mining reserves
  • Definition drilling within existing reserves, converting probable to proven status
  • Refining ore contacts in detail to support mine planning
  • Continuous monitoring and coordination with Hellas Gold throughout the programme

RESULTS

Ongoing — supporting resource upgrade and reserve definition at Olympias.

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