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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 Eric35on Mar 28, 2018 6:18pm
50 Views
Post# 27798493

3 old articles

3 old articles

3 old articles but i have never readed before : https://www.stockhouse.com/opinion/independent-reports/2017/02/01/the-perfect-marriage-lithium-cobalt-–-lico-energy-tsxv-lic-otcmkts-wctxf-fra

Palisade Global Investments Limited holds shares of LiCo Energy.I was searching for how many share they holds but never find the answer.

 

https://www.stockhouse.com/opinion/independent-reports/2016/11/09/palisade-research-brief-cobalt-primer

 and the last one

https://www.stockhouse.com/opinion/independent-reports/2017/05/17/lico-energy-metals-seeks-energy-metals

 

LiCo picked up their Teledyne cobalt project located in Northern Ontario. The project has about $25 million already invested in infrastructure and a ramp and decline to near where the drilling showed a historic cobalt resource of 100,000 tons at a grade of 0.45% Co.

A rough number would give you a value of about $250 million of rock in the ground. LiCo has budgeted $700,000 for a Q2–Q3 drill program for both exploration and to bring the historic resource into compliance with 43-101. LiCo did a deal on the project in September of 2016 that calls for an option to acquire 100% of the 554-ha project carrying a 2% NSR.


from Bob  Moriarty article date 17 may 2017

P.S. Lithium market stock down today because of the tesla crash  


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