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Petrolympic Ltd PCQRF


Primary Symbol: V.PCQ

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

Post by livermore2on Sep 19, 2021 8:29pm
177 Views
Post# 33885101

Cash in the Till now!

Cash in the Till now!

Should be pretty easy to expand:

On Belcourt, Placer Dome previously drilled 9.12 g/t Au over 0.20 metres (DDH 295-3), 11.42 g/t over 0.37 metres (DDH 295-5), 6.96 g/t Au over 2.17 metres (DDH 295-4), and 30.00 g/t Au over 0.44 metres (DDH 295-7).
 

and on Rayon d'Or they have nice drilled intersections of 3.37 g/t Au over 3.44 m and 12.34 g/t Au over 4.0 m.


More cash should come in the till if Quebec shuts down Oil and Gas and makes significant cash settlements  to all the property owners but with $5+ Natural Gas maybe they will let Petrolympic and Squatex develop their billion dollar conventional natural gas discovery!!!

Either way we should see good days ahead!!!




 

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