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Monday, January 22, 2018 9:02:54 AM
LiCo Energy Metals - Intersects 21.9 % Cobalt Over 0.36 m and 18.7 % Cobalt Over 0.15 m at Teledyne Cobalt Property
VANCOUVER, British Columbia, January 22, 2018 /PRNewswire/ --
LiCo Energy Metals Inc. ("the Company" or LiCo") (LIC.V) (WCTXF) is pleased to report assay results for drill holes TE17-04 and TE17-05 completed on the Teledyne Cobalt Property, located 6 km northeast of Cobalt, Ontario. The current drill program was designed to confirm and extend the existing known mineralization along strike and up and down dip.
A summary of the most significant results of the recent drill core assays are:
TE17-05 2.32% Co over 4.00 m from 126.5 to 130.50 m, including 21.9% Co over 0.36 m from 127.64 to 128.00 m
TE17-04 1.82% Co over 6.00 m from 138.00 to 144.00 m, including 5.06% Co over 1.75 m from 141.25 to 143.00 m, and 18.70% Co over 0.15 m from 141.64 to 141.79 m.
TE17-05 1.70% Co over 6.00 m from 136.00 to 142.00 m.
"LiCo is very encouraged by these higher-grade results for the Teledyne Cobalt Project," says Tim Fernback, President & CEO of LiCo. "These are the highest grade results that have been intersected to date on either LiCo's Teledyne or Glencore-Bucke Properties that LiCo has drill tested to date."
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