Business
Fuse Cobalt Reports Assay Results Pending from Exploration Drilling at Glencore Bucke Project, Cobalt, Ontario
(TheNewswire) Coquitlam, BC - TheNewswire - December 9, 2022 - Fuse Cobalt Inc....
About this update from Fuse Battery Metals Inc
[{"type":"text","content":"Fuse Cobalt Reports Assay Results Pending from Exploration Drilling at Glencore Bucke Project, Cobalt, Ontario\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Coquitlam,\n \n \n BC - TheNewswire -\n \n \n December 9, 2022\n \n \n -\nFuse Cobalt Inc. (“the Company” or “Fuse”) (TSXV:FUSE),\n(OTC:FUSEF), (FRA:43W3) announces the Company is still awaiting all\ndrill assay results from the drill program, completed in mid-October\nat the Glencore Bucke Project located just outside Cobalt Ontario and\nnear the cobalt refinery of Electra Battery Metals Corporation (TSX-V:\nELBM). However, these results are expected to be received within the\nnext two weeks.\n \n \n \n \n Previously disclosed, the supervising geologist\nreported the following:\n \n \n \n \n “\n \n \n The 2022 drill program at Fuse Cobalt's\nGlencore Bucke property was a success. The IP geophysical survey\ncompleted in August was integral in the planning this year's drill\nprogram.\n \n \n We\nintercepted numerous high-grade structures in the northwestern part of\nthe property near the existing drilling from 2017 and\n2018.\n \n \n The holes drilled in\nthis area were targeting underneath and down-dip of known\nmineralization. The mineralization in this area has now been extended\ndown and is open at depth in this area. Part of the program was\nplanned in the southern section that borders the Glencore Bucke and\nTeledyne properties, near the drill hole GB22-44 from the 2018 drill\nprogram.\n \n \n We\nhit multiple high-grade structures and we believe the mineralization\nmay trend toward the Teledyne property.\n \n \n \n \n The drill program was\n \n \n 1842m in\ntotal and Fuse is awaiting 300 samples results from the assay\nlab.\n \n \n \n \n The Glencore Bucke Property consists of two patented\nmining claims totaling approximately 16.2 ha in area located on the\nwest boundary of Fuse’s Teledyne Cobalt Project. In 1981, Teledyne\nleased mining claim 585, now the “Glencore Bucke Property”) from\nFalconbridge Nickel Mines Ltd. The company recognized the significant\nexploration potential that the Property had due to the possible\nsouthern extensions of veins from the Cobalt Contact Mine property\nadjoining to the north that could project southward onto the Property.\n \n \n Their wor...