Olympus Pacific - Press Releases

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Olympus' Gold Production Continues To Increase

11 Jun 2009 14:45:00 EST

The company is pleased to announce that the Company's May gold production of 2,574 ounces has exceeded the Company's best production month set in April 2009. Olympus' current annualized gold production now exceeds the 2009 budget by some 20%.

Olympus Closes US$3 Million Private Placement

28 May 2009 14:00:00 EST

The company is pleased to announce that it has closed its previously announced private placement and issued a total of 16,216,216 common shares ("Shares") of the Company at a price of US$0.185 per Share for total gross proceeds of US$3,000,000.

Olympus Amends Limit Of Private Placement To US$3 Million

15 May 2009 16:00:00 EST

The company announces that it has determined to limit the amount of its previously announced private placement and raise not more than US$3,000,000 at this time.

Olympus To Raise Up To US$4Million By Private Placment

14 May 2009 16:00:00 EST

The company is pleased to announce that it has negotiated, subject to regulatory approval, a private placement of up to 16,216,216 common shares ("Shares") at a price of US$0.185 per Share for total gross proceeds of up to US$3,000,000 (the "Offering") with a right to increase the Offering by up to an additional 5,405,405 Shares for an additional US$1,000,000.

Olympus Delivers Increased Gold Production At Bong Mieu

7 May 2009 16:00:00 EST

The Company is pleased to announce that the Company has completed the commissioning of the plant modifications at the Bong Mieu Gold Plant allowing the company to begin ramping up its production profile.

Olympus Increases Gold Resources in Vietnam to 1.61 Million Ounces

23 Mar 2009, 16:00:00 EST

The Company is pleased to report significant increases to the mineral resource at the Bong Mieu East Gold-Tungsten deposit as outlined in a Technical Report prepared by Terra Mining Consultants and Stevens and Associates ("TMC/SA").

Olympus Commences Treatment of High-Grade Phuoc Son Ore as Plant Upgrades Near Completion

17 Mar 2009 16:00:00 EST

The Company has commenced trucking its Phuoc Son high grade ore for treatment at its Bong Mieu Gold Plant as recently commissioned plant upgrades near completion.

Olympus Seeks Approval to Continue Toll Treating Phuoc Son High Grade

17 Feb 2009 16:00:00 EST

Olympus' Chairman and Chief Executive Officer, David Seton, is pleased to announce that the Company has recorded its highest gold production month during December 2008.

Olympus Hands Over Clean Water Project

27 Jan 2009 16:00:00 EST

Clean Water Project for the people in Tam Lanh Commune Sponsored by Olympus Pacific Minerals Inc., Rotary Club of Dural, Australia and the East Meets West Foundation

Olympus Successfully Completes Toll Treatment Trials

18 Nov 2008, 16:00:00 EST

Olympus' Chairman and Chief Executive Officer, David Seton, is pleased to announce that the Company has successfully completed the initial three-month trucking and toll treatment trial of ore through the Company's Bong Mieu plant from its second mining operation at Phuoc Son. The Company is now undertaking plant modifications to enable more efficient processing of the high-grade Phuoc Son ore.

Olympus Appoints Chief Financial Officer

08 Oct 2008, 14:00:00 EST

Olympus' Chairman and Chief Executive Officer, David Seton, is pleased to announce the appointment of Mr. Peter Tiedemann as Chief Financial Officer. Mr. Tiedemann succeeds Ms. Pamela Campagnoni, who has recently departed from the Company. Prior to accepting the position of Chief Financial Officer, Mr. Tiedemann served Olympus as Vice President, Corporate Affairs from March 17, 2008 to October 2, 2008 and Chief Financial Officer from June 2006 to March 17, 2008.

Olympus Plans Toll Treatment Of High Grade Phuoc Son Ore

28 Aug 2008, 14:00:00 EST

Olympus is pleased to announce that the Company has received approval from the Vietnamese authorities to toll treat Phuoc Son ore at its Bong Mieu plant. The Company will source high-grade ore from the Phuoc Son mine in a trial trucking and toll treatment operation. The anticipated increase in production will enable the Company to generate more internal cash flow that could partially or fully fund the development costs at its high-grade Phuoc Son Gold Property and will give the Company greater financing options in ongoing developments at both Phuoc Son and Bong Mieu.

Olympus Assessing Financing Options for Phuoc Son Mine Development

03 Jul 2008, 12:00:00 EST

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.

Olympus Issues a Correction Notice to June 5, 2008 Press Release

06 Jun 2008, 17:20:00 EST

Olympus issues a correction notice to its June 5, 2008 press release.

Olympus Drilling at Phuoc Son Extends Dak Sa Shear Zone 400 Meters

05 Jun 2008, 12:50:00 EST

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.

Olympus Receives Positive Independent Technical Report On Feasibility Studies For The Phuoc Son Gold Project

01 Apr 2008, 15:40:00 EST

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.

Olympus Announces Management Reorganization

26 Mar 2008, 12:00:30 EST

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.

Olympus To Commence Trading In The Us On OTCBB

07 Mar 2008, 11:10:30 EST

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.

Management Has Reorganized To Ensure Technical Success Over The Next 18 Months

04 Feb 2008, 15:28:55 EST

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.

Olympus Drilling Intersects 9 Meters Grading 28.6 G/T Au At Phuoc Son Project

17 Jan 2008, 16:58:55 EST

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.

Olympus Doubles Resource To 637,000 Oz At The High Grade Phuoc Son Gold Property

15 Jan 2008, 10:55:44 EST

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.

Olympus Pacific Minerals Inc. Information Now Available Through S&P Market Access Program

03 Jan 2008, 17:40:00 EST

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.