Assuming it raises its targeted minimum cash, the company will become the backdoor vehicle for Rocktivity Mining, a company where proposed managing director Sean Delaney is currently chief financial officer.

 

Rocktivity is vending into the shell 10 tenements in the Eastern Goldfields and six licences near Halls Creek in the Kimberley region.

 

The Goldfields project comprises the Mulwarrie, Emerald, Mulline, Canegrass, and Camelot sub-projects, up to 250km west and north-west from Kalgoorlie.

 

Emerald, Mulline and Mulwarrie are crossed by the crustal scale Ida Lineament, with the western side marked by mafic basalts of the Barlee Domain, and mafic intrusives of the Kalgoorlie Group in the east.

 

There has been limited exploration over the past 20 years, and in many cases little work before that despite historical gold production.

 

Mulwarrie is just a few kilometres from Ora Banda Mining's Davyhurst operation and is known for its laterite gold potential, Canegrass covers the central section of the Wongi Hills greenstone belt, while Camelot is just 30km outside Leonora, near the Linger and Die granodiorite.

 

While the tenements have were secured for their nickel and gold prospectivity, there are known pegmatites that will be assessed for lithium. 

 

The Halls Creek project sits inside the Lamboo Province, within the underexplored Halls Creek Orogen and comprises the Slinkey Hill, Dry Creek, Woodward Range, Rubens, and Mt Carmel areas, most of which cover the Olympio Formation that gives the company its name. 

 

There has been a lot of soil and steam sampling by prior explorers that suggests the potential for gold and rare earth elements, but drilling has been limited.

 

Woodward Range contains the advanced Greenbuff prospect that returned some high-grade hits, such as 8m at 2.61 grams per tonne from 2m and 3m at 5.70gpt from surface that are worthy of more work, while of just 11 holes drilled within the nearby Rubens tenement half assayed better than 1000 parts per billion gold. 

 

The shell of CropLogic was most recently used to invest in a failed soil monitoring technology and US hemp crops. 

 

Olympio is being recapitalised by Delaney, veteran geologist, Aidan Platel and former Hartley's analyst Simon Andrew, who has been a director at Recharge Metals, Riversgold, and Emmerson Resources.

 

CropLogic was suspended from trading since November 2019, and entered administration in 2020.