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LiCo Energy Metals - Intersects 21.9% Cobalt over 0.36m and 18.7% Cobalt over 0.15 m at Teledyne Cobalt Property
(via TheNewswire) January 19 th , 2018 / TheNewswire / Vancouver, British Columbia; ...
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[{"type":"text","content":"LiCo Energy Metals - Intersects 21.9% Cobalt over 0.36m and 18.7% Cobalt over 0.15 m at Teledyne Cobalt Property(via TheNewswire)\n\n \nJanuary 19th, 2018 / TheNewswire / Vancouver, British Columbia; - LiCo Energy Metals Inc. (\"the Company\" or LiCo\") TSX-V: LIC, OTCQB: WCTXF is pleased to report assay results for drill holes TE17-04 and TE17-05 completed on the Teledyne Cobalt Property, located 6 km northeast of Cobalt, Ontario. The current drill program was designed to confirm and extend the existing known mineralization along strike and up and down dip.\n\n\n \nA summary of the most significant results of the recent drill core assays are:\n\n\n \n\n\n- TE17-05 2.32% Co over 4.00 m from 126.5 to 130.50 m, including 21.9% Co over 0.36 m from 127.64 to 128.00 m\n\n\n\n- TE17-04 1.82% Co over 6.00 m from 138.00 to 144.00 m, including 5.06% Co over 1.75 m from 141.25 to 143.00 m, and 18.70% Co over 0.15 m from 141.64 to 141.79 m.\n\n\n\n- TE17-05 1.70% Co over 6.00 m from 136.00 to 142.00 m.\n\n\n\n \n \n\"LiCo is very encouraged by these higher-grade results for the Teledyne Cobalt Project\" says Tim Fernback, President & CEO of LiCo. \"These are the highest grade results that have been intersected to date on either LiCo's Teledyne or Glencore-Bucke Properties that LiCo has drill tested to date.\"\n\n\n \nOn the Teledyne Cobalt Property, the Company completed a total of 11 diamond drill holes totaling 2,200 m in the fall of 2017. \n\n\n \nThe results and drill hole collar information for diamond drill holes TE17-04 to TE17-05 are summarized in Tables 1 & 2 below. \n\n\n \nTable 1: Drill hole Collar Information\n\n \n\nDDH\n\n\n\n\nAzm\n\n\n\n\nDip\n\n\n\n\nTE17-04\n\n\n\n\n090\n\n\n\n\n-45\n\n\n\n\nTE17-05\n\n\n\n\n090\n\n\n\n\n-45\n\n\n \n \nTable 2: Summary of Diamond Drill Results\n\n \n\nDDH\n\n\n\n\nFrom (m)\n\n\n\n\nTo\n\n\n\n(m)\n\n\n\n\nCore Length (m)\n\n\n\n\nCo\n\n\n\n(%)\n\n\n\n\nAg (ppm)\n\n\n\n\nCu (ppm)\n\n\n\n\nZn (ppm)\n\n\n\n\nPb (ppm)\n\n\n\n\nTE17-04\n\n\n\n\n138.00\n\n\n\n\n144.00\n\n\n\n\n6.00\n\n\n\n\n1.82\n\n\n\n\n4.7\n\n\n\n\n742\n\n\n\n\n49\n\n\n\n\n20\n\n\n\n\nincl.\n\n\n\n\n138.50\n\n\n\n\n144.00\n\n\n\n\n5.50\n\n\n\n\n1.98\n\n\n\n\n5\n\n\n\n\n786\n\n\n\n\n51\n\n\n\n\n21\n\n\n\n\nincl.\n\n\n\n\n139.00\n\n\n\n\n144.00\n\n\n\n\n5.00\n\n\n\n\n2.16\n\n\n\n\n5.4\n\n\n\n\n840\n\n\n\n\n53\n\n\n\n\n2...