Protium Clean Energy Corp Expands Land Holdings with Strategic Acquisition in Ontario

  • 📰 mining
  • ⏱ Reading Time:
  • 84 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 53%

BUSINESS News

HYDROGEN,MINERAL EXPLORATION,ENERGY

Protium Clean Energy Corp has acquired 31 new claims in Ontario, Canada, totaling approximately 620 hectares. The location is strategically situated near the Lake Timiskaming Structural Zone, with a strong potential for hydrogen discovery.

Protium Clean Energy Corp (CSE: GRUV) (FSE: G071), a leading resource company focused on clean energy and sustainable resource development, is pleased to announce the acquisition of an additional 31 claims, totaling approximately 620 hectares.

The claims are located in the geographic townships of Angus, Burnaby, and Parkman, Sudbury Mining Division, Ontario, Canada, and strategically located near the Lake Timiskaming Structural Zone, with two northwest-southeast 'graben' faults intersecting a northeast-trending cross fault. Parallel and adjacent to the northeast-trending cross fault is a five (5) kilometre long, eight hundred (800) metre wide Hydrogen Quadratic Discriminant Function Classifier (QDFC) 'Predictive Fingerprint Target.' The hydrogen fingerprint target was partly generated based on AI learning, which utilized the locations of QIMC's known hydrogen anomalies as trainers. Satellites mapped various Hydrogen abundances over the claim block for different seasons, with the highest abundance detected on April 15th during the ice breakup period. Radon and helium gas were also detected. Exploration in the area has been limited, though occurrences of Iron, Copper, Nickel, and Titanium have been documented. In addition to metallics, the area has the potential for the emplacement of kimberlites. In 2003, a geochemical prospecting program returned positive results for KIMs (Kimberlite indicator minerals) and KIEs (Kimberlite indicator elements). The claim block is east of the Angus and Flett Mafic Intrusions, and the claims will be in good standing until December 17, 2026. 'We are excited to announce this land expansion for the Company. This aligns with our strategy to aggressively stake additional claims based on ongoing satellite surveys, with the aim to become the largest landholder in Canada of hydrogen prospective targets,' said Marc Branson, CEO of Protium Clean Energy Corp

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 449. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment in Action: GIGACAPITAL Blends AI and Blockchain for Clean Energy FundingInvestment in Action: GIGACAPITAL Blends AI and Blockchain for Clean Energy Funding
Source: Utoday_en - 🏆 295. / 63 Read more »