Wednesday, September 13, 2017 4:39:09 PM
September 13, 2017 – Vancouver, British Columbia; – LiCo Energy Metals Inc. (“the Company” or “LiCo”) TSX-V: LIC, OTCQB: WCTXF is pleased to announce the filing of a technical report entitled NI 43-101 Technical Report on the Glencore Bucke Property – Larder Lake Mining Division, Northeastern Ontario” dated September 7, 2017 (the “Report”) for its Glencore Bucke Project located in Bucke Township, 6 km east northeast of Cobalt, Ontario. The Report has been prepared pursuant to National Instrument 43-101 and can be found on SEDAR at www.sedar.com
The Company has entered into a property purchase agreement to acquire a 100% interest from Glencore Canada Corporation (subsidiary of Glencore plc) in the Glencore Bucke Property, situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario, subject to a back-in provision, production royalty and off-take agreement. Strategically, the Glencore Bucke Property consists of 16.2 hectares and sits along the west boundary of LiCo’s Teledyne Cobalt Project. The Property covers the southern extension of the #3 vein that was historically mined on the neighbouring Cobalt Contact Property located to the north of the Glencore Bucke Property. Diamond drilling in 1981 on the Glencore Bucke Property delineated two zones of mineralization measuring 150m and 70m in length.
https://licoenergymetals.com/lico-energy-metals-files-technical-report-for-glencore-bucke-property-cobalt-ontario
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