Olympio Metals Limited announced that it has entered into a Joint Venture (JV) agreement with Zuleika Gold Limited (Zuleika) where Zuleika can earn an interest in the Canegrass Prospect (E29/1010), part of Olympio's Goldfields Project. Highlights: Zuleika to earn an 80% interest by spending AUD 400,000 on exploration within 3.5 years Minimum spend of AUD 100,000 by Zuleika within 18 months prior to ability to withdraw. Upon Zuleika earning an 80% interest, Olympio can either contribute pro rata to ongoing exploration or dilute using industry standard formula.

The Canegrass tenement is contiguous with Zuleika's Goongarrie Project and is located to the east of Davyhurst. The remainder of Olympio's Goldfields Project is located to the west of Davyhurst at Mulline-Mulwarrie.