Olympus Pacific Minerals

Olympus is focused on becoming a significant gold producer in the Southeast Asia region and is building a project portfolio to support this objective. With a long history in Vietnam, the company has established considerable land positions in the country to achieve this goal. By entering into small-scale production at Bong Mieu, Olympus was able to... show the local community and the government its commitment to remain in the country and to become a big gold player in the region. OYM is a short time away from beginning production at Phuoc Son and is evaluating both Phuoc Son's deposits for the potential of production rate increases to reach over 200,000 ounces of gold annually in Vietnam by 2012. With a US$22 million exploration budget approved for 2008, Olympus is focused on growth through discovery at its core properties in Southeast Asia. Along with OYM's primary properties, the company also holds a number of early- stage exploration concessions in Vietnam and Laos. Similar to its advanced properties, the early projects are located in highly prospective areas offering considerable exploration potential. Olympus continues to evaluate these properties, but remains focused on advancing its more developed properties. Company information distributed through the Market Access Program is based upon information that Standard & Poor's considers being reliable, but neither Standard & Poor's nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.Read More