Capitalight Advances Work on the Blue Lake Copper Nickel Project in Quebec

IC Capitalight Corp., a Toronto-based company, recently revealed plans for its upcoming onsite activities at the 100% owned Blue Lake / Retty Lake project in Quebec. Engaging consulting geologists, the company will perform preliminary explorations, including the verification of previously identified mineralized zones and additional geophysical target assessments.

The initiative also aims to gather up to 40 surface samples for laboratory analysis and assess the feasibility of utilizing old infrastructure for a future base camp. An 'old tote road' from Schefferville to the project site will also be examined to determine its potential for future access to the site.

During this preliminary stage, no impact-causing exploration work will take place. The work scheduled over the next few months includes necessary groundwork in preparation for a more extensive exploration program in the future. Notably, the company has amalgamated previous and new claims resulting in the holding of 285 claims, including prior bulk-sampled areas. This conjunction is critical, given that copper and nickel prices are currently near record highs, which could exemplify significant economic opportunities for the area. Quebec's robust support for the exploration sector, powered by its extensive hydroelectric grid and other favorable conditions, makes it a vital locale for such undertakings.