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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 located in the James Bay - Eeyou Itschee area, approximately 125 kilometers (km) north of the town of Chibougamau. The Basserode and Fourniere Lithium Properties are located in the Abitibi-Temiscamingue region, southwest of the Val d’Or mining camp, Quebec. Its 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, in the center of Vauquelin township (NTS 32C03), over 40 km east of the town of Val d’Or.


TSXV:PCQ - Post by User

Post by Pacman101on Jan 26, 2024 10:29am
148 Views
Post# 35846938

PCQ holds LARGE land areas in lowlands

PCQ holds LARGE land areas in lowlands


from PCQ's homepage :

St. Lawrence Lowlands (Shale Gas and Conventional Gas Plays)

Targets: Utica Shale Gas and conventional natural gas

Total Land Package: 674,805 acres (273,085 hectares)

  1. Petrolympic owns 100% of 138,754 acres (56,152 hectares) over the St. Lawrence Lowlands shallow sandstones and carbonates platform on the south shore of the St. Lawrence River, less than 30 kilometers southwest of Montreal.

  2. Petrolympic owns 30% of 536,051 acres (216,933 hectares) with Ressources et Energie Squatex (70%) in the Utica Fairway and the underlying Trenton-Black River carbonates

  3. Petrolympic owns another 12% of the total land package 19,768 acres (8,000 hectares) through an Agreement with Canbriam Energy in the Utica Fairway and the underlying Trenton-Black River carbonates

 

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