Petrolympic Announces Acquisition Of New Lithium Properties In James Bay Area, Québec
02/15/23, 12:20 PM
Location
torontoPetrolympic Ltd. (TSX.V:PCQ) (OTC:PCQRF) (the “Company”) is pleased to announce it has acquired 52 mining claims covering about 6,981 acres (2,825 hectares), adjacent to the eastern edge of the Moblan Deposit owned by Sayona Mining Limited. These claims are located in the James Bay-Eeyou Istchee area of Quebec, approximately 125 km North of the town of Chibougamau, Quebec, Canada and are accessible year-round by the Route du Nord. This new project is located in a proven lithium mining province which hosts established, world-class lithium resources including the Whabouchi mine to the North and the North American Lithium project to the South.
Company Info
Location
Toronto, Ontario, Canada
Company info
Petrolympic Ltd. (PCQ.V) is a Canadian junior oil and gas company actively exploring for premium light crude oil and natural gas in North America. The Company is presently focused on its near-term oil production 8,000+ acre asset in the prolific Maverick Basin of Texas, USA.
The company also has assets located in the Utica Fairway of Quebec, Canada and holds 100% interest in exploration rights over 97,507 hectares (240 883 acres) and 30% interest in 36 exploration permits totaling 672 438 hectares (1 661 594 acres) in the Gaspé Peninsula and St. Lawrence Lowlands where shale oil and shale gas targets are abundant.