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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

Post by lotsofcash8on Jan 19, 2021 7:06pm
280 Views
Post# 32330113

Not only do they have great Properties

Not only do they have great PropertiesBut here is the most important information:


 Because of this demand, our neighbour in Ontario is restarting North America’s only licensed cobalt refinery, alongside an investment by mining and commodities trader giant Glencore (LON:GLEN) of $45 million (Glencore Investment News ). We are excited that this refinery, once operational, will provide a nearby facility to refine any and all cobalt from the region, especially since we have an existing offtake agreement in place with Glencore on these properties. As you can see, the future for cobalt is certainly bright and Fuse management is extremely positive on the future demand for this metal.”
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