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$WCTXF Intersects Numerous Commercial Grade Cobalt Zones at Teledyne Cobalt Property

https://finance.yahoo.com/news/lico-energy-metals-intersects-numerous-133000341.html

VANCOUVER, British Columbia, Jan. 3, 2018 /PRNewswire/ -- LiCo Energy Metals Inc. ("the Company" or LiCo") (LIC.V), (WCTXF) is pleased to report assay results for drill holes TE17-02 and TE17-03 completed on the Teledyne Cobalt Property, located 6 km northeast of Cobalt, Ontario.

A summary of the most significant results of the recent drill core assays are:

TE17-02 0.95% Co over 1.9 m from 143.0 to 144.9 m, incl. 2.58% Co over 0.60 m from 144.30 to 144.90 m

TE17-02 0.59% Co over 3.9 m from 156.0 to 159.9 m, incl. 2.22% Co over 0.60 m from 156.6 to 157.2 m

On the Teledyne Cobalt Property, the Company completed a total of 11 diamond drill holes totaling 2,200 m in the fall of 2017. The drilling has confirmed the cobalt mineralization on the Property which is consistent with historical grades and widths reported historically.

As reported on the Company's November 30th, 2017 news release, LiCo has recently completed its 2017 diamond drilling program on its Teledyne and Glencore Bucke Properties completing a total of 32 diamond drill holes, drilling 4,100 m of core. This exploration work satisfies both its flow-through financing obligations and the contractual obligations outlined in the recently acquired Glencore Bucke Property from Glencore plc of Baar Switzerland (GLEN.L). The overall drilling program has confirmed and extended the cobalt mineralization on each property and these results are consistent with historical grades and widths in the overall Cobalt Camp. As reported previously, visual cobalt camp style mineralization has been noted in every drill hole that the Company has logged.