Western Block of the North China Craton

Trillion Announces Farm-In for Oil Exploration Blocks S.E. Turkiye

Retrieved on: 
Monday, July 31, 2023
Society, CSE, OOIP, API, Western Block of the North China Craton, National instrument, Trillion, Society of Petroleum Evaluation Engineers, Park Place, News, Oil, Natural gas, C4, Eastern Block of the North China Craton

The Sehit Aybuke Yalcin Oil Field currently produces 10,000 barrels of oil per day (“bopd”) which has been targeted to rise to 100,000 bopd1.

Key Points: 
  • The Sehit Aybuke Yalcin Oil Field currently produces 10,000 barrels of oil per day (“bopd”) which has been targeted to rise to 100,000 bopd1.
  • No economic discoveries have yet been made on the Oil Blocks pursuant to the farm-in by Trillion and there is no guarantee that any oil discovery will be made.
  • Trillion’s farm-in obligations (Sole Exploration Phase – 100% cost) are 351 kilometres of 2D seismic followed by drilling four oil exploration wells.
  • The Joint Exploration Phase will have six additional exploration wells drilled, but Trillion only pays 50% of the cost.

Spod Lithium Corp. Samples 1.5% Li20 at Niemi Pegmatite Project

Retrieved on: 
Thursday, July 13, 2023
Lithium, Western Block of the North China Craton, Heart, NORTH, CSE, Technical report, Ontario Geological Survey, MRE, SPOD, Archean, Project, Keweenawan Supergroup

VANCOUVER, British Columbia, July 13, 2023 (GLOBE NEWSWIRE) -- SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) (OTCQB:SPODF) has provided an update on the 2023 Phase I surface exploration program for its 100% owned NORTH NIPIGON – NIEMI PROJECT in the Georgia Lake Pegmatite Field, Ontario.

Key Points: 
  • VANCOUVER, British Columbia, July 13, 2023 (GLOBE NEWSWIRE) -- SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) (OTCQB:SPODF) has provided an update on the 2023 Phase I surface exploration program for its 100% owned NORTH NIPIGON – NIEMI PROJECT in the Georgia Lake Pegmatite Field, Ontario.
  • Spod Lithium sampled 1.507% Li2O and continues to expand the mineralized area on the Niemi Block near (MDI42E05SW00017).
  • The Phase I program is designed to target spodumene bearing pegmatite bodies on our expansive land package in the heart of the prolific Georgia Lake Pegmatite Field.
  • The Project is contiguous with RockTech Lithium’s Georgia Lake Project and Imagine Lithium’s Jackpot Lithium Project.