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Fuse Battery Metals Inc V.FUSE

Alternate Symbol(s):  FUSEF

Fuse Battery Metals Inc. is an exploration stage company engaged in the acquisition, exploration and development of energy metals projects. The Company is exploring two mineral properties in the Timiskaming District of Ontario known as the Glencore Bucke and Teledyne Cobalt Properties. The properties are located in Bucke and Lorrain Townships, six kilometers (km) east-northeast of Cobalt, Ontario. The Glencore Bucke property consists of two patented mining claims totaling approximately 16.2 hectares (ha) in area and sits along the west boundary of Fuse’s Teledyne Cobalt Project. The Teledyne Cobalt property consists of five patented mining claims totaling 79.1 ha, and 46 unpatented mining claim cells totaling approximately 700 ha. Its lithium properties include Lithium Springs Property and Monitor Valley North Property. Lithium Springs Property is located at the southern end of the Black Rock Desert, Nevada. Monitor Valley North Property is located in Monitor Valley, Nevada.


TSXV:FUSE - Post by User

Bullboard Posts
Post by jRtrader1on May 31, 2013 11:06am
344 Views
Post# 21466702

Upcoming Assay's

Upcoming Assay's

Quote from the March 2011 release:  "The Mike Power Property, contiguous to the western boundary of the San Gold operations in Bissett, MB, has been very under-explored due to extensive bedrock cover. Wildcat geologists believe these recent results demonstrate that gold-bearing structures exist on the Mike Power property, and the property may host a westerly extension of the gold bearing geological units that are being mined at the Rice Lake Mine. This initial program of exploration has advanced our understanding of the property and will greatly assist our ability to focus future exploration on the favourable structural and chemical traps for the gold in this vicinity of the property, and along this significant structure.

 

Quote from latest NR about the drilling in this region:  Assays are pending on the majority of holes, however San Gold reported that logging of the drill core has confirmed an extensive deformation zone at the base of the San Antonio Formation in the vicinity of previous drilling by Wildcat (see news release March 23, 2011). Some of the drill holes awaiting assay results have intersected quartz stockwork veins, sulfides (sphalerite, chalcopyrite and pyrite) with associated widespread sericite alteration.

 

Definitely some exciting tidbits for the upcoming assay results.  The fact that we had that spurt of buying there makes me wonder if the results have started to trickle back and are leaking a bit.  Course it could come up empty as they often do.   However with our tiny float a big high grade hit could triple this stock in a day. 

Bullboard Posts