Fuse Battery Metals Inc V.FUSE

Alternate Symbol(s): FUSEF

Metals & Mining Industrial Metals & Minerals

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.

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Fuse Battery Metals Inc

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Comment by ssthvon Oct 06, 2017 7:52am

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Post# 26784619

RE:RE:RE:RE:Not looking good!

Thank you SW248,

Not familiar with this kind of deal so it did not look good to me. Exploration costs are not that high for such a short drilling program. Let's say there are 2 billion dollars worht of silver and cobalt and Glencore can get half of it for 30 millions (guessing a number here) is it really good for LiCo?

Thank you

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