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.

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Fuse Battery Metals Inc

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Comment by jeremyhoggon Jan 05, 2018 12:18pm

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Post# 27290614

RE:Careful not to step in the BS

Would it be right then, to say that we have, loosely, ~150,000,00$ reserve of cobalt at Teledyne which we are trying to prove up?

150,000,00$ derived from these assumptions:
5000tons @ 1000lb/ton = 5,000,000lbs
30$/lbs = 150,000,000$

+
@100,000,000$ proved up = Glencore 51% take over
Where the 100,000,000$ target also gets to include findings on the Glencore property.

Glencore piece, I'm sure I'm not exactly right bc I haven't reread the details, but are we on the same page about the historical (for what's its worth) showing roughly 150,000,000$ Teledyne reserve?

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