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LiCo Energy Metals - Recent Assay Results Have LiCo Intersect 0.55% Cobalt Over an Impressive 5.00 m on its Glencore Bucke Property
(via TheNewswire) Vancouver, British Columbia / December 6th, 2017 / TheNewswire - LiC...
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[{"type":"text","content":"LiCo Energy Metals - Recent Assay Results Have LiCo Intersect 0.55% Cobalt Over an Impressive 5.00 m on its Glencore Bucke Property(via TheNewswire)\n \n \nVancouver, British Columbia / December 6th, 2017 / TheNewswire - LiCo Energy Metals Inc. (\"the Company\" or \"LiCo\") TSX-V: LIC, OTCQB: WCTXF is pleased to report assay results for diamond drill holes GB17-08 to GB17-10 from the recently completed drill program on the Glencore Bucke Property located 6 km northeast of Cobalt, Ontario. The Company would also like to provide an update on the recently completed drilling program and a brief analysis of what has been determined to date by the Company.\n\n\n \nA summary of the most significant results of the recent drill core assays are:\n\n\n \n-GB17-10 0.55% Co over 5.00 m from 28.00 to 33.00 m.\n\n\n \n-GB17-10 0.11% Co, 17.6 ppm Ag, 0.53% Cu from over 2.30 m from 81.0 to 83.3 m\n\n\n \nAs reported on the Company's November 30th, 2017 news release, LiCo has recently completed its 2017 diamond drilling program on its Teledyne and Glencore Bucke Properties completing a total of 32 diamond drill holes, drilling 4,100 m of core. This exploration work satisfies both its flow-through financing obligations and the contractual obligations outlined in the recently acquired Glencore Bucke Property from Glencore plc of Baar Switzerland (LSE: GLEN). The overall drilling program has confirmed and extended the cobalt mineralization on each property and these results are consistent with historical grades and widths in the overall Cobalt Camp. As reported previously, visual cobalt camp style mineralization has been noted in every drill hole that the Company has logged to date.\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. Additional base metal mineralization within and proximal to the cobalt mineralization has also been intersected throughout the drill program. On the Company's adjoining Teledyne Property, a total of 2,200 m has been completed in 11 diamond drill holes and the drill program is now complete. The analytical results for the Teledyne program have started to be received and reported by the Company.\n\n\n \nTim Fernback, President & CEO of LiCo states that, \"We have been extremely pleased with our results to date and th...