For thousands of other reports visit RSC's Mineral Intellingence Map
LiCo Energy Metals Inc.
Summary
| Project: | Glencore Bucke | |
|---|---|---|
| Deposit: | Glencore Bucke | |
| Location: | Canada | |
| Commodities: | Cobalt-Silver-Copper-Lead | |
| Date: | 11/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-11-2017: LiCo Energy Metals Inc. announces an Exploration/Drilling Update report for its Glencore Bucke deposit at the Glencore Bucke project. Drilling results incl. 3m @ 3141ppm Co, 2ppm Ag, 41ppm Cu, 27ppm Zn, 4ppm Pb from 18m. November 8, 2017 – Vanc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joerg M. Kleinboeck (Internal) | |
| ABSTRACT: | November 8, 2017 – Vancouver, British Columbia; – LiCo Energy Metals Inc. (“the Company” or “LiCo”) TSX-V: LIC, OTCQB: WCTXF is pleased to report the assay results for the first five diamond drill holes (GB17‐01 to GB17‐05) from the on‐going drill program on the Glencore Bucke Property located 6km northeast of Cobalt, Ontario. “We are exceptionally pleased with the grade and the widths of the cobalt mineralization that has been intersected”, says Tim Fernback, President & CEO of LiCo and “the drill program has been successful as cobalt mineralization has been intersected in every hole”. The results for the first five holes are summarized in Table 1 below. To date, a total of 19 diamond drill holes totaling 1,565 m have been completed on the Glencore Bucke Property, testing the Northwest and Main 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. The second drill testing the Teledyne property has completed 4 holes for 804 metres to date. The drill program is designed to provide the company with sufficient drill hole information to create a geological model and a 43‐101 complaint resource estimate.“It is significant that the drilling has confirmed the historical cobalt style mineralization in both grade and widths which was historically mined by other companies within the Cobalt Camp” commented Dwayne Melrose, Technical Advisor for LiCo. “As the cobalt and associated (copper, silver, lead and zinc) mineralization that was intersected is close to surface, this could potentially make the property attractive for a future toll milling scenario”. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report