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LiCo Energy Metals - Intersects 3.92% Cobalt over 0.75 m Teledyne Cobalt Property
(via TheNewswire) November 30th, 2017 / TheNewswire / Vancouver, British Columbia - ...
About this update from Fuse Battery Metals Inc
[{"type":"text","content":"LiCo Energy Metals - Intersects 3.92% Cobalt over 0.75 m Teledyne Cobalt Property(via TheNewswire)\n\n \nNovember 30th, 2017 / TheNewswire / Vancouver, British Columbia - LiCo Energy Metals Inc. (\"the Company\" or \"LiCo\") TSX-V: LIC, OTCQB: WCTXF is pleased to report assay results for the first diamond drill hole completed on the Teledyne Cobalt Property, located 6 km northeast of Cobalt, Ontario.\n\n \n \nA summary of the most significant results of the recent drill core assays are:\n\n \n \n\n\n- TE17-01 0.62% Co over 6.00 m from 136.00 to 142.00 m including 3.92% Co over 0.75 m from 140.25 to 141.00 m.\n\n\n\n \n \nOn the Teledyne Cobalt Property, the Company has completed a total of 11 diamond drill holes totaling 2,200 m. The diamond drilling program has been completed, and the drill rig will be demobilized this week. The drilling has extended the cobalt mineralization on Property, with the grades being consistent with the historical results.\n\n \n \nTim Fernback, President & CEO of LiCo, states \"We are very happy with the drilling results from our Teledyne and Glencore Bucke drilling programs. We set a goal to replicate the historic results of cobalt grade and width of mineralization, which we have accomplished in spectacular fashion. Yesterday we announced an intersection of 7.64% Cobalt at Glencore Bucke, and today we have assay results for 3.92% Cobalt at Teledyne. Now that the remaining drill core is making its way to the assay lab, we are eagerly awaiting additional cobalt, copper and silver results that can help us define the next stage of our exploration program on both properties for 2018.\" \n\n \n \nThe results for diamond drill hole TE17-01 is summarized in Table 1 below. \n\n \n \nTable 1: 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\nTE17-01\n\n\n\n\n136.00\n\n\n\n\n142.00\n\n\n\n\n6.00\n\n\n\n\n0.62\n\n\n\n\n0.9\n\n\n\n\n51\n\n\n\n\n37\n\n\n\n\n4\n\n\n\n\nIncl.\n\n\n\n\n136.50\n\n\n\n\n137.00\n\n\n\n\n0.50\n\n\n\n\n0.23\n\n\n\n\n0.9\n\n\n\n\n6\n\n\n\n\n47\n\n\n\n\n2\n\n\n\n\nIncl.\n\n\n\n\n139.75\n\n\n\n\n142.00\n\n\n\n\n2.25\n\n\n\n\n1.54\n\n\n\n\n1.8\n\n\n\n\n121\n\n\n\n\n40\n\n\n\n\n8\n\n\n\n\nIncl.\n\n\n\n\n140.25\n\n\n\n\n141.0...