VANCOUVER, British Columbia, May 08, 2018 (GLOBE NEWSWIRE) -- LiCo Energy Metals Inc. (“the Company” or “LiCo”) (TSX-V:LIC), (OTCQB:WCTXF) CEO and President, Tim Fernback, recently returned to Uptick Newswire’s “Stock Day” Podcast and spoke with Uptick’s CEO and Host, Everett Jolly, about LiCo’s recent undertakings.
To kick off the show, Mr. Fernback gave some background about the Company. He described LiCo Energy Metals Inc. as a Canadian mineral exploration company with a focus on two energy metals – lithium and cobalt. “We believe strongly in the future of these two commodities, and what we’ve done is put different land packagestogether for the exploration of these two metals in world class locations,” said Mr. Fernback. Their exploration sites span an international range, with multiple locations in Canada, the United States, and Chile, and the company continues to expand with the recent purchase of the Ontario Glencore Bucke Cobalt Property in its entirety.
LiCo’s 2017 drilling results met the internal goals set of the management team. The Company completed over 4,000 meters of drilling across all of their Ontario cobaltproperties, and had cobalt mineralization in every drill core. The Company encourages everyone to view the results in the news released on LiCo’s website (https://licoenergymetals.com/press/). The Company has summarized its drill core results in its news releases dated January 26, 2018 and March 8, 2018. “We had consistent showings of 0.5% + cobalt in many of our drill cores assayed, and we’re really happy about the drilling results in Ontario.” These accomplishments have driven the Company forward, and their plans for 2018 are to continue expanding their exploration programs on the Teledyne and Glencore Bucke sites. The plan is to run a two-phase drilling program across 2018 and 2019 for each of the properties, with the goal of reaching 5,000 meters of drilling in phase one and another 6,000 meters or more in phase 2.
Mr. Fernback also provided some more information about the company’s Nevada and Chile properties. The plan is to continue their currently implemented programs in order to thoroughly investigate each site for the potentially large lithium deposits, all the while working closely with the local communities to ensure successful solutions to future endeavors on the properties. LiCo management is confident that these efforts will assist it in the long-term.
Mr. Fernback is feeling optimistic about the Company’s future endeavors, and encourages people interested in the green energy space to get involved and due their due diligence on LiCo. “The future is bright for cobalt and lithium… We are looking to build up the Ontario Cobalt project, which is very promising.”
To learn more about LiCo’s ongoing projects, the newest members of their board of directors, and plans for the future, check out the full interview at the link address below: https://upticknewswire.com/featured-interview-ceo-tim-fernback-of-lico-energy-metals-inc-otcqb-wctxf-3/
About LiCo Energy Metals: https://licoenergymetals.com/
LiCo Energy Metals Inc., a Canadian exploration stage company, engages in the acquisition, exploration, and development of metals used in the production of lithium-ion batteries. They currently have four major ongoing projects located in Canada, the United States, and Chile. The company was formerly known as Wildcat Exploration Ltd. and changed its name to LiCo Energy Metals Inc. in October 2016. LiCo Energy Metals Inc. was incorporated in 1998 and is headquartered in Vancouver, Canada. Its primary listing is on the TSX Venture exchange under the ticker symbol LIC; LiCo is also present in the US markets, trading on the OTCQB under the ticker WCTXF.
Qualified Person
The technical content of this news release has been reviewed and approved Joerg Kleinboeck, P.Geo., an independent consulting geologist and a qualified person as defined in NI 43-101.
On Behalf of the Board of Directors
Tim Fernback, President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Safe Harbour Statement:
This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements.
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