Petrolympic to Acquire 100% Stake in Two Lithium Properties in Quebec.
MANews-(C)2009-2022
Toronto-based gold mining and oil and gas company Petrolympic Ltd. (TSX.V: PCQ) (OTC: PCQRF) has entered into an option purchase agreement with Glenn Griesbach to acquire a 100% interest in the Basserode Lithium and FourniÃre Lithium properties located in the emerging Cadillac-Pontiac lithium camp in the Abitibi-TÃ(c)miscamingue region, southwest of Val d'Or, Quebec, the company said.
The Basserode Property consists of 123 claims covering 7,092.8 hectares (70.1 km2). It is located 70 km southwest of the city of Val-d'Or and 30 km south of the city of Rouyn-Noranda, and spans over parts of the Basserode, Bellecombe, and Caire townships.
The FourniÃre Property is composed of 25 claims covering 1,440.9 hectares (14.4 km2). It is located 25 km southwest of the city of Val-d'Or and belongs to the Desroberts and FourniÃre townships.
Pursuant to the agreement, the company...
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