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Petrolympic Ltd V.PCQ

Alternate Symbol(s):  PCQRF

Petrolympic Ltd. is a Canada-based gold and lithium mining company. The Company is focused on its lithium exploration assets in the James Bay region, Basserode and Fourniere in Abitibi region as well as its gold exploration assets at Vauquelin and Rayon d’Or in the Val d’Or region, all in the Province of Quebec, Canada. The Li-1 and Li-2 Properties are in the James Bay - Eeyou Itschee area, approximately 125 kilometers (km) north of the town of Chibougamau. The Basserode and Fourniere Lithium Properties are in the Abitibi-Temiscamingue region, southwest of the Val d’Or mining camp, Quebec. Belcourt Property consists of 125 claims distributed in four blocks (Belcourt North, South, Central and West blocks), all proximal to one another and covering a total of 5,479 hectares. Its Rayon d’Or and Vauquelin Gold Properties are located within a gold mining camp in Northwestern Quebec. The Company also owns St. Lawrence Lowlands, Gaspe and Evangeline Lake Property.


TSXV:PCQ - Post by User

Bullboard Posts
Comment by ironman311on May 29, 2008 8:49am
180 Views
Post# 15121849

RE: New QEC Presentation Slide 12 Imp.

RE: New QEC Presentation Slide 12 Imp.Igneous Intrusive might not be all that great.  But Petrolympic might still have significant hydrocarbons under a cap formed by the Igneous activity.  I believe an Igneous formation is magna that has cooled which is more granite like than shale.

I am more interested about Logans line.  Questerre went out of their way to show the line in relation to their holdings.  The overthrust of the Utica Shales and the Trenton Black River Shale is an interesting target for shale gas.  It might be a little more difficult to drill but still very feasible.  Talisman has drilled some very high prodution wells in this formation to the Southwest of Quebec in Ontario and New York.  I remember seeing a diagrahm from Corridor Resources that show their plan to drill into a similiar overthrust formation in New Brunswick

New Brunswick Proposed Elgin Horizontal Shale Gas Well
Bullboard Posts

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