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LiCo Energy Metals - Surpasses A 2,000 metre Milestone for its Cobalt Drilling Program on the Teledyne and Glencore Bucke Properties
(via TheNewswire) Vancouver, British Columbia / TheNewswire / November 1, 2017- LiCo Energ...
About this update from Fuse Battery Metals Inc
[{"type":"text","content":"LiCo Energy Metals - Surpasses A 2,000 metre Milestone for its Cobalt Drilling Program on the Teledyne and Glencore Bucke Properties(via TheNewswire)\n\n \nVancouver, British Columbia / TheNewswire / November 1, 2017- LiCo Energy Metals Inc. (\"the Company\" or \"LiCo\") TSX-V: LIC; OTCQB: WCTXF is pleased to update its shareholders on the current diamond drilling program for its Teledyne and Glencore Bucke Cobalt Properties situated in Bucke and Lorrain Townships, 6 km east-northeast of Cobalt, Ontario, as originally announced on September 12th, 2017. \n\n\n \nThe Company has recently completed drilling 19 holes for a combined depth of approximately 2,000 meters on its two cobalt mineral exploration properties in Ontario. Visual mineralization is present in all drill holes completed to date.\n\n\n \nOn the Glencore Bucke Property, the Company has completed a total of 16 holes for approximately 1,400 metres of drilling, testing the Main and Northwest zones on the Glencore Bucke Property. Visual cobalt camp style mineralization has been noted in every drill hole that the Company has completed. The historical drilling program outlined two separate vein systems hosting significant cobalt and silver values. The Main Zone, currently is 152 m in length, and the Northwest Zone, measuring 70 m in length. The Main Zone had a north-south strike, which is hypothesized as the southern extension of the #3 vein from the Cobalt Contact Mine located immediately to the north of the Property (Bresee, 1982).\n\n\n \nOn the Company's adjoining Teledyne Property, a second drill rig has been recently added by the Company to expand its overall drilling program in the area. As of the date of this news release, the Company has been able to complete 3 - 200 metre drill holes for approximately 600 metres of new drilling. The second drill has also visually intersected Cobalt camp style mineralization in each drill hole that is testing the cobalt/silver targets on the Teledyne Property. \n\n\n \nTim Fernback, President & CEO of LiCo, states \"Building on what can be described as a successful start to LiCo's fall exploration program, the first drill hole on Teledyne has been drilled to test the cobalt/silver targets of the Teledyne Property that were previously identified by Teledyne Canada Ltd. Drill targets on the Teledyne and Glencore Bucke Property a...