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LiCo Energy Metals Inc.
Summary
| Project: | Teledyne | |
|---|---|---|
| Deposit: | Teledyne | |
| Location: | Canada | |
| Commodities: | Cobalt-Silver-Copper-Zinc-Lead | |
| Date: | 1/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-1-2018: LiCo Energy Metals Inc. announces an Exploration/Drilling Update report for its Teledyne deposit at the Teledyne project. Drilling results incl. 9m @ 0.34% Co, 1.1ppm Ag, 203ppm Cu, 262ppm Zn, 29ppm Pb from 152m. January 3rd, 2017: Vancouver, Br | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joerg M. Kleinboeck (Independent) | |
| ABSTRACT: | January 3rd, 2017: Vancouver, British Columbia; ‐ LiCo Energy Metals Inc. (“the Company” or LiCo”) TSX‐ V: LIC, OTCQB: WCTXF is pleased to report assay results for drill holes TE17‐02 and TE17‐03 completed on the Teledyne Cobalt Property, located 6 km northeast of Cobalt, Ontario. On the Teledyne Cobalt Property, the Company completed a total of 11 diamond drill holes totaling 2,200 m in the fall of 2017. The drilling has confirmed the cobalt mineralization on the Property which is consistent with historical grades and widths reported historically. As 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. | |
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