Fuse Battery Metals Inc V.FUSE

Alternate Symbol(s): FUSEF

Metals & Mining Industrial Metals & Minerals

Fuse Battery Metals Inc. is a Canadian based exploration company. The Company's focus is on exploration for high-value metals required for the manufacturing of batteries. It owns 100% of the Lithium Springs Property, which is located at the southern end of Black Rock Desert, Nevada. It also owns 100% of the Monitor Valley North Lithium Property, which includes 97 placer claims covering approximately 770 hectares (ha) of alluvial sediments and clays located 134 km northeast of Tonopah, Nevada. The property is located in Monitor Valley, Nevada. It owns a 100% interest in its Glencore Bucke Property, situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario. The Company also owns a 100% interest, subject to a royalty, in the Teledyne Project located near Cobalt, Ontario. The associated Teledyne Property, located in Bucke and Lorrain Townships, consists of five mining claims totaling approximately 79.1 ha, and 46 unpatented mining claim cells totaling approximately 700 ha.

TSXV:FUSE - Post by User

Fuse Battery Metals Inc > Cobalt discovery. Great location/timing

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Comment by dothemathpeopleon Dec 13, 2022 9:14am

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Post# 35168030

RE:Cobalt discovery. Great location/timing

"The Teledyne property is subject to a production royalty in favour of New Found Gold and an offtake agreement in favour of Glencore Canada Corp. while the Glencore Bucke property is subject to a back-in provision, production royalty and an offtake agreement in favour of Glencore Canada".

What do you think will remain for FUSE? Margins are paper thin in mineral extraction and processing. Looks like Glencore and Newfound Gold have "lent" the property, and the story, to Fuse. Something to think about for sure.

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