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LiCo Energy Metals Commences Geophysical Surveying at Salar de Atacama, Chile
(via TheNewswire) May 8th, 2017 / TheNewswire / Vancouver, British Columbia; - LiCo En...
About this update from Fuse Battery Metals Inc
[{"type":"text","content":"LiCo Energy Metals Commences Geophysical Surveying at Salar de Atacama, Chile(via TheNewswire)\n \n \nMay 8th, 2017 / TheNewswire / Vancouver, British Columbia; - LiCo Energy Metals Inc. (\"the Company \"or\" LiCo\") TSX-V: LIC; OTCQB: WCTXF is pleased to announce that a TEM geophysical survey has commenced at the Purickuta Project located within the Salar de Atacama, Chile. The Transient Electromagnetic Method (TEM) geophysical survey provides detailed information on sub-surface conductive layers that can be used to prioritise the most optimum drilling locations. A preliminary interpretation of the data should be available shortly.\n\n\n \nAlso, the company has received and is reviewing drilling quotes from several well-respected drilling companies. Core hole drilling and brine sampling, to a depth of 200m, is planned to commence as soon as exploration work notices have been filed and accepted by the mining Ministry. \n\n\n \n\"Salar de Atacama is considered to represent our planet's largest deposit of economically recoverable Lithium and is very well known for its Lithium production by our neighbors SQM and Rockwood/Albemarle. With positive exploration results we will strive to move the project forward to commercial viability as rapidly as possible.\" commented Mr. Tim Fernback, President and CEO of LiCo. \n\n\n \nThe Company holds an option to acquire up to a 60% interest in the Purickuta Exploitation concession (the \"Property\"). The technical content of this news release has been reviewed and approved by Alan Morris CPG and Qualified Person.\n\n\n \nAbout LiCo Energy Metals: https://licoenergymetals.com/\n\n\n \nLiCo Energy Metals Inc. is a well funded Canadian based exploration company who's primary listing is on the TSX Venture Exchange. The Company's focus is directed towards exploration for high value metals integral to the manufacture of lithium ion batteries.\n\n\n \nChile Purickuta Lithium Project: \n\n\n \nThe Purickuta Project is located within Salar de Atacama, a salt flat encompassing 3,000 km2, being about 100 km long, 80 km wide and home to approximately 37% of the worlds Lithium production. The salar possesses a very high grade of both Lithium (1,840mg/l) and Potassium (22,630mg/l and is close to power, labour, communications, transportation and other infrastructure. The property of 160 hectares is enveloped ...