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LiCo Energy Metals Files Technical Report for Glencore Bucke Property, Cobalt Ontario
(via TheNewswire) September 13, 2017 / TheNewswire / Vancouver, British Columbia - L...
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[{"type":"text","content":"LiCo Energy Metals Files Technical Report for Glencore Bucke Property, Cobalt Ontario(via TheNewswire)\n\n \nSeptember 13, 2017 / TheNewswire / Vancouver, British Columbia - LiCo Energy Metals Inc. (\"the Company\" or \"LiCo\") TSX-V: LIC; OTCQB: WCTXF is pleased to announce the filing of a technical report entitled NI 43-101 Technical Report on the Glencore Bucke Property - Larder Lake Mining Division, Northeastern Ontario\" dated September 7, 2017 (the \"Report\") for its Glencore Bucke Project located in Bucke Township, 6 km east northeast of Cobalt, Ontario.\n\n \n \nThe Report has been prepared pursuant to National Instrument 43-101 and can be found on SEDAR at www.sedar.com.\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 whose 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. The Company currently maintains the following portfolio of exploration properties:\n\n\n \nGlencore Bucke Cobalt Project, Cobalt, Ontario: The Company has entered into a property purchase agreement to acquire a 100% interest from Glencore Canada Corporation (subsidiary of Glencore plc) in the Glencore Bucke Property, situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario, subject to a back-in provision, production royalty and off-take agreement. Strategically, the Glencore Bucke Property consists of 16.2 hectares and sits along the west boundary of LiCo's Teledyne Cobalt Project. The Property covers the southern extension of the #3 vein that was historically mined on the neighbouring Cobalt Contact Property located to the north of the Glencore Bucke Property. Diamond drilling in 1981 on the Glencore Bucke Property delineated two zones of mineralization measuring 150 m and 70 m in length. \n\n\n \nTeledyne Cobalt Project, Cobalt, Ontario: The Company has an option to earn 100% ownership, subject to a royalty, in the Teledyne Project located near Cobalt. Ontario. The Property adjoins the south and west boundaries of claims that hosted the Agaunico Mine. From 1905 through to 1961, the Agaunico Mine produced a total of 4,350,000 lbs. of cobalt and 980,000 oz. of silver. A significant portion of the cobalt that was produ...