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Press Releases & News
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Olympus Assessing Financing Options for Phuoc Son Mine Development
Olympus is pleased to announce that the Company has received indicative offers for debt facilities to develop the high-grade Phuoc Son Mine from traditional financial institutions who specialize in resource sector debt provisions. Olympus is currently assessing these debt facility offers as well as other internal funding options.
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Olympus Issues a Correction Notice to June 5, 2008 Press Release
Olympus issues a correction notice to its June 5, 2008 press release.
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Olympus Drilling at Phuoc Son Extends Dak Sa Shear Zone 400 Meters
Olympus is pleased to announce continuing success from step-out drilling along the northern extension of the Dak Sa shear zone within the Phuoc Son Goldfield. The ore body now extends 400 meters north from the current resource boundary and strike length of the North Deposit now totals 1,500 meters and remains open both along strike and down dip.These intersections confirm that Olympus is on track to make a significant addition to the Phuoc Son Ore Resources by year end.
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Olympus Receives Positive Independent Technical Report On Feasibility Studies For The Phuoc Son Gold Project
Olympus is pleased to announce the positive results of the Technical Report on Feasibility Studies for the Phuoc Son Gold Project in Quang Nam Province, Vietnam (the "Technical Report") authored by independent mining and geological consultants, Terra Mining Consultants/Stevens & Associates ("TMC/SA") based in Auckland, New Zealand. Olympus holds 85% of the Phuoc Son Gold Project, located in the western highlands of Quang Nam Province, in central Vietnam, some 14.5 kilometers northwest of Kham Duc and approximately 90 kilometers southwest of the port city of Da Nang. Two deposits comprise the Phuoc Son Gold Project - the South (Bai Dat) and North (Bai Go) deposits, which, lie about 1 kilometer apart, The attached map, - Property Geology showing the North Deposit and South Deposit shows the location of these deposits (red areas), along with other potential deposits within the Phuoc Son Gold Property.
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Olympus Announces Management Reorganization
Olympus is pleased to announce the following changes to senior management in
preparation for anticipated growth as the company plans to increase production and expand it operations.
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Olympus To Commence Trading In The Us On OTCBB
Olympus is pleased to announce effective March 5, 2008 The Financial Industry
Regulatory Authority ("FINRA"), the largest non- governmental regulator for all securities doing business
in the United States, has approved that common shares of Olympus will be listed and posted for trading on
the over the counter bulletin board ("OTCBB"), ticker symbol, OLYMF.
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Management Has Reorganized To Ensure Technical Success Over The Next 18 Months
Olympus advises of the re-assignment of executive roles within Olympus. Colin Patterson has agreed to a new mandate
to ensure the company achieves technical success in its major exploration and development projects
at the company's two advanced stage properties located in central Vietnam, near the port city of Da Nang.
Mr. David Seton will assume Mr. Patterson's previous duties as CEO.
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Olympus Drilling Intersects 9 Meters Grading 28.6 G/T Au At Phuoc Son Project
Olympus is pleased to announce continuing success from infill drilling in the Dak Sa shear zone, including DSDH 238 in the Northern Section, including intersections of 7.75 metres at 4.53 g/t Au and 9 meters at 26.48 g/t Au.
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Olympus Doubles Resource To 637,000 Oz At The High Grade Phuoc Son Gold Property
Olympus is pleased to report significant increases to the mineral resource at the Phuoc Son Gold Property as outlined in a Technical Report prepared by Terra Mining Consultants and Stevens & Associates ("TMC/SA"). The full text of the report is available on the sedar website.
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Olympus Pacific Minerals Inc. Information Now Available Through S&P Market Access Program
Olympus announced today that its company information has been made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight.
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