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X-Terra and Brownstone acquire land in the St-Laurent Lowlands - survey completed |
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Written by Newswire
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ROUYN-NORANDA, QC — X-Terra Resources Corporation and Brownstone Ventures Inc. announced that they have acquired over 150,000 hectares of additional land in the St-Laurent Lowlands between Rimouski and Riviere-du-Loup.
Sheldon Inwentash, president and CEO of Brownstone stated, "Area participants, like Questerre Energy Corp., continue to make progress confirming the potential for significant oil and gas in Quebec. X-Terra Resources and Brownstone Ventures' Québec Oil and Gas Licenses, with this new acquisition, cover a total of over 300,000 hectares in Quebec, with a completed survey over a significant portion of those lands."
Magnetic survey The 5,543 km airborne magnetic survey on the Rimouski, Rimouski North and Shawinigan projects in the St-Laurent Lowlands was also recently completed and is undergoing compilation. The survey is composed of 5,543 km of 300 metre-spacing flight lines and 3,000 metre-spacing control lines and was completed by Geophysics GPR International - KalusAir Services Inc (KASI). The magnetic survey maps will be used to outline the structural and lithological geology and aid in further exploration. Please refer to X-Terra and Brownstone's websites to view a surface plan showing the location of the survey.
For more information, visit www.brownstoneventures.com.
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