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LiCo Energy Metals - Intersects 7.64 % Cobalt over 0.26 m at Glencore Bucke Property
(via TheNewswire) Vancouver, British Columbia / TheNewswire / November 29, 2017 - Li...
About this update from Fuse Battery Metals Inc
[{"type":"text","content":"LiCo Energy Metals - Intersects 7.64 % Cobalt over 0.26 m at Glencore Bucke Property(via TheNewswire)\n\n \nVancouver, British Columbia / TheNewswire / November 29, 2017 - LiCo Energy Metals Inc. (\"the Company\" or \"LiCo\") TSX-V: LIC, OTCQB: WCTXF is pleased to report assay results for diamond drill holes GB17-06 to GB17-07 from the recently completed drill program on the Glencore Bucke Property located 6km northeast of Cobalt, Ontario and provides a drilling update.\n\n \n \n\"We are very pleased with the higher-grade cobalt mineralization that has been intersected at our Glencore Bucke property\" says Tim Fernback, President & CEO of LiCo and \"not only have we intersected cobalt style mineralization in every drill hole completed, we are happy to report that 4 of the 7 holes assayed to date have higher than average grades of more than 1% cobalt. We are also finding very good silver and copper results in our assays which is equally exciting. So far, we have drilled a combined 3,728 m with 30 drill holes on our Glencore and Teledyne Ontario properties as part of our 2017 flow-through work program.\n\n \n \nA summary of the most significant results of the recent drill core assays are:\n\n \n \n-GB17-07 1.11% Co, 16.6 ppm Ag over 2.0 m, incl. 7.64% Co, 9.1 ppm Ag over 0.26 m\n\n\n \n-GB17-06 4.45% Co, 34.2 ppm Ag over 0.30 m from 44.40 to 44.70 m\n\n\n \n-GB17-06 0.25% Co over 1.75 m, incl. 0.58% Co, 28.9 ppm Ag over 0.5 m\n\n \n \nOn the Glencore Bucke Property, the Company has completed a total of 21 diamond drill holes totaling 1,900 m, testing the Main and Northwest zones. The drilling has confirmed and extended the cobalt mineralization on the property and which are consistent with historical grades and widths in the overall Cobalt Camp. Visual cobalt camp style mineralization has been noted in every drill hole that the Company has logged to date. The drill program has been completed as planned. The drill program was designed to provide the company with sufficient drill hole information to create a geological model and a 43-101 complaint resource estimate.\n\n \n \nThe results for diamond drill holes GB17-06 and GB17-07 are 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 (pp...